Egypt’s population growth makes new cities a necessity, Savills economist says
Egypt's rapid population growth and urbanisation are creating sustained demand for new cities, making their…
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Egypt’s new capital city project
Egypt’s new capital in initial talks to hire advisor for H1/2024 IPO
Administrative Capital for Urban Development (ACUD), the owner and developer of Egypt’s new capital, is in talks…
Egyptian new capital’s owner to float 10% of shares within Q2
Administrative Capital for Urban Development (ACUD), the owner and developer of Egypt’s new capital, plans to float…
Chairman of Egypt’s new capital company developer resigns
Ahmed Zaki Abdeen, chairman of the Administrative Capital for Urban Development (ACUD), the developer of Egypt's…
Hyundai Rotem-led consortium to build green hydrogen-tram in Egypt new capital
South Korea’s Hyundai Rotem has signed on Monday in consortium with Orascom Construction and France’s Colas Rail a…
Egypt’s new capital a gateway for Sinai Peninsula development – minister
Egypt’s new administrative capital is just the beginning of stimulating a comprehensive development for the Sinai…
Egypt to decide winner of new capital intelligent traffic system tender in August
Egypt plans to choose a winning bid in early August of this year from among 15 companies competing to develop an…
The iconic tower at Egypt’s new capital reaches its 53rd floor
The Egyptian Minister of Housing, Assem El-Gazzar, said that 53 floors of the iconic tower in the Central Business…
Egypt signs EGP 840m deal to build electricity control centre in new capital
State-run Egyptian Electricity Transmission Company (EETC) signed on Tuesday an agreement with a consortium…
Hassan Allam to implement the biggest building in Egypt’s new capital city
Egyptian government has chosen construction major Hassan Allam to implement the biggest administrative building in…