FRA mulls issuing securitized bonds worth LE 20B

Tue, 02 Aug 2022 - 03:46 GMT

The total amount of securitized bonds, which have been issued since the beginning of 2022 and after the approval of the NUCA's request, will reach LE 30 billion and it will be the biggest issuance of its kind in the Egyptian capital market.

EBRD's approval to participate in NUCA's bond issuance reflects confidence in Egyptian economy

Wed, 22 Jul 2020 - 01:06 GMT

The contribution of the EBRD comes within the framework of the Ministry of International Cooperation’s endeavor to provide the necessary funds for development projects and diversification of funding sources,

EBRD rises its contribution in Egypt’s LE20B bond program to LE 3B

Tue, 21 Jul 2020 - 10:44 GMT

EBRD supports Egypt’s New Urban Communities Authority in its plans to diversify funding sources by tapping the debt capital market with an investment of LE 1.5 billion.

Ministry releases app for New Urban Communities Authority

Fri, 06 Dec 2019 - 10:37 GMT

The application also allows and eases communication between the authority and citizens.

Saqqara archaeological site to be developed: Min. of Antiquities

Sun, 11 Aug 2019 - 07:52 GMT

The protocol of cooperation has been signed by the ministers of antiquities and housing, and the chairman of the Board of Directors of the New Urban Communities Authority.

Housing Ministry reviews NUCA accomplishments in 2018

Wed, 26 Dec 2018 - 02:00 GMT

Madbouli said that the sector approved the designs and planning of 115 investment, urban and service projects that will be established on 73,000 feddans in 15 new cities including 23 projects in the New Administrative Capital.

GOPP, UN-Habitat sign MoU to develop New Ras El Hekma Waterfront

Wed, 29 Aug 2018 - 11:41 GMT

The waterfront will be in line with the New Urban Agenda, Egypt’s 2030 Agenda and the international sustainable development goals.

IDSC denies building prison in Egypt’s new capital

Mon, 04 Jun 2018 - 05:00 GMT

The Egyptian Cabinet's Information and Decision Support Centre denied news released about the construction of a prison inside the New Administrative Capital.

NUCA completes construction of planned projects in 2017- 2018

Tue, 02 Jan 2018 - 01:26 GMT

NUCA announces that planned projects in new cities have been 100 percent implemented during the current fiscal year of 2017-2018

Land plots in New Mansoura, New Alamein to launch in Q1 2018

Mon, 04 Dec 2017 - 11:36 GMT

The launch will take place after all infrastructure and facilities works in two cities conclude.

3rd phase of Beit Al-Watan to be finished before 2017-end

Wed, 29 Nov 2017 - 10:10 GMT

Beit Al-Watan scheme is a part of the government’s plan to bridge a gaping budget deficit and to attract much-needed foreign currency.

Housing Ministry to launch more land plots in 23 new cities

Sun, 26 Nov 2017 - 10:46 GMT

Housing Ministry to launch more land plots in 23 new cities

NUCA to deliver land plots for small investors in December

Thu, 23 Nov 2017 - 10:13 GMT

The bids usually include feasibility, financial and economic studies and brief on how the investor would access funds.

Housing minister calls for speeding up work at New Capital

Thu, 23 Nov 2017 - 10:04 GMT

The project’s first phase is worth a total of $8 billion and spans over 12,500 feddans.

Egypt needs more housing units to cope with population increase

Mon, 13 Nov 2017 - 12:24 GMT

Egypt needs 30 million extra residential units by 2052 to accommodate the population increase.

Egypt to move Presidency HQ to New Administrative Capital by 2019

Mon, 16 Oct 2017 - 12:00 GMT

The headquarters of the Egyptian presidency will be relocated to the New Administrative Capital by June 2019, according to Ahmad Zaki Abdeen

60k terms of reference for Sakan Misr sold in two weeks

Thu, 31 Aug 2017 - 09:59 GMT

Five days after issuing the terms of reference on August 15, more than 23,000 terms of reference were sold.

Palm Hills to co-launch mega project in West Cairo 2018

Sun, 18 Jun 2017 - 01:17 GMT

Real estate developer Palm Hills Development (PHD) and the New Urban Communities Authority (NUCA).