Egypt is embarking on a massive urban development project with the construction of its new capital city, a bold initiative ...

In an expanse of desert 30 miles east of Cairo, Egypt, a new city is rising ... of the Administrative Capital for Urban Development (ACUD), the company overseeing the project, phase one is ...

Egypt is constructing a new administrative capital, located approximately 45 kilometres east of Cairo, to alleviate the ...

a project designed to transfer Cairo's administrative and economic heartbeat to a more modern and sustainable environment. The New Administrative Capital (NAC) in Egypt, as photographed from space ...

A new Egyptian capital is under construction – one of the most important building projects on the African ... The as-yet-unnamed city is referred to as Egypt’s New Administrative Capital.

Although the financing for the new projects remains opaque, they are funded in part by Chinese capital as well as high-interest bonds that will be costly for Egypt to repay in coming years.

For seven decades, the military has ruled Egypt ... the new capital "coincides with a serious economic crisis" and a fall in the value of the Egyptian pound, leaving many questioning the ...

New capital company owned by army, government Plans to float 5%-10% stake by end 2024 City is flagship project for Sisi Water to be diverted from the Nile CAIRO, Jan 4 (Reuters) - Egypt is ...

Hometown Developments has entered into a strategic partnership with Savills Egypt to provide comprehensive management and ...

with multiple generations of new urban projects expanding far into the desert surrounding Cairo. Egypt’s New Capital is the latest of these projects, and one of the largest. “This is a central ...

The New Administrative Capital (NAC) in Egypt, as photographed from space ... Critics have expressed concern about the expense of the project—which is estimated to cost up to $60 billion to ...

Senior executives at Egypt's New Administrative Capital, a multi-billion-dollar project sponsored by President Abdel Fattah el-Sisi, have resigned amid revelations that the former chairman caused ...