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UAE’s Global Pioneers breaks ground on shopping mall in Egypt’s new capital
A subsidiary of UAE-based Global Pioneers Group has broken ground on a shopping mall in a multi-use district of the…
new administrative capital
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Two consortiums, not three, were bidding for the 6 October-new capital monorail
UPDATE- The tender for the 6 October-new capital monorail had seen only two consortiums bidding for the project, not three…
Egypt in the News on 15 May 2019
It’s another blessedly quiet morning for Egypt in the foreign press. A handful of headlines making the rounds: Bye, Cairo:…
World’s longest iftar table coming to a new administrative capital near you
My table’s bigger than your table: The new administrative capital will be the site of an attempt to break the…
Egypt in the news on 14 May 2019
No single story is leading the conversation on Egypt in the foreign press this morning. A handful of pieces worth…
NACCUD prepares to tender land for hotel development
The New Administrative Capital Company for Urban Development (NACCUD) is set to launch the first land tender for hotels in…
No more new capital land for Egypt’s investors, developers this year
The New Administrative Capital Company (NACCUD) will not be offering any more land to investors and developers this year, and…
Heliopolis Housing aims to reduce debt by 50% in coming fiscal year
Real estate developer Heliopolis Housing is looking to reduce its debt by 50%, grow revenues to more than EGP 3.1…
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