New Urban Communities Authority Archives

Samcrete looks to borrow EGP 1.7 bn from local banks to work on new cities

Conglomerate Samcrete is in talks with two local banks to arrange a EGP 1.7 bn loan to finance its work…

Your top infrastructure stories of the week: Five cement factories could close this year as covid-19 compounds sector’s woes, officials…

NUCA to reduce late fees on homes, commercial property in new cities to encourage property owners to pay their arrears:…

The Banker names NUCA’s EGP 4 bn securitized bond issuance as Africa’s securitization transaction of the year: The Banker, a…

DEBT WATCH- Raya plans EGP 640 mn securitized bond sale, CIB to manage offering: Raya Holding is planning a new…

Ora Developers and Gemini Global Developments have received ministerial approval to develop the 15.7-feddan second phase of its flagship Zed…

M&A WATCH- Naguib’s Ora Developers acquires 60% of Qatari Diar's City Gate project: Egyptian businessman Naguib Sawiris has agreed in…

The New Urban Communities Authority (NUCA) has borrowed EGP 10 bn from a consortium of banks to finance infrastructure projects,…

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