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.

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 ...

A controversial new Egyptian capital ... the project continues, as does the chorus of hullabaloo it has sparked. From our morning news briefing to a weekly Good News Newsletter, get the best ...

A new Egyptian capital is under construction – one of the most important building projects on the African continent. It’s come under criticism, though, due to its high cost.

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 ...

For this new project, the Bank ordered a total of 17 units of enta300 and meta100 elevators for its country head office in Egypt's New Administrative Capital. Misr Italia Properties, a leading ...

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 ...

Languages: English and Urdu Egypt's new capital city is getting a $1 billion ... the company's executive director of projects. "We want to offer our tenants and our buyers and investors the ...

Abd Elrahman Ahmed, born and raised in Cairo, joined CSCEC after graduating and devoted himself to the construction of the CBD project in New Administrative Capital. Let's follow his perspective ...

Satellite images show construction of Egypt's New Administrative Capital has accelerated after a period of slower progress. President Abdel Fattah el-Sisi launched the project in 2015 and it is ...

This photo taken on Sept. 11, 2023 shows the construction site of Central Business District (CBD) project in the new administrative capital, east of Cairo, Egypt. Located in a desert some 50 ...