new administrative capital

ADB to support Egypt’s new capital with US$1.5 bn
Business

ADB to support Egypt’s new capital with US$1.5 bn

The African Development Bank has vowed to provide a US$1.5 billion contribution to the financing of Egypt’s New Administrative Capital…
Govt studies place Sheikh Khalifa City in new administrative capital: sources
Egypt

Govt studies place Sheikh Khalifa City in new administrative capital: sources

Informed sources have revealed that the government is considering the annexation of the Sheikh Khalifa City project, granted to Egypt…
MoU signed with China in construction of Egypt’s new capital
Business

MoU signed with China in construction of Egypt’s new capital

Egypt has signed a Memorandum of Understanding with China to partially engage the latter in the construction of the first…
Govt settles on new developer of new capital
Business

Govt settles on new developer of new capital

The Engineering Authority of the Armed Forces has settled on a replacement for the UAE financier of the New Administrative…
Free Egyptians Party leader dismissed over new administrative capital comments
Egypt

Free Egyptians Party leader dismissed over new administrative capital comments

Essam Khalil, acting head of the Free Egyptians Party, dismissed on Tuesday Sherif Habib, chairman of the party's committee on…
Sources: Govt bans press statements on new administrative capital project
Egypt

Sources: Govt bans press statements on new administrative capital project

The government has issued instructions not to make any statements or media interviews on the new administrative capital project until…
Sources: Govt cancels MoU with Emirati investor on new capital
Egypt

Sources: Govt cancels MoU with Emirati investor on new capital

Unsuccessful negotiations with the Emirati financier responsible for building Egypt's new capital east of Cairo have led to the annulment…
Ministries win extension for MoUs on March conference projects
Business

Ministries win extension for MoUs on March conference projects

The Cabinet has ordered a 90-day extension for the memorandums of understanding regarding the projects agreed upon during the Egypt…
Politician says government ‘precipitous’ on new capital project
Egypt

Politician says government ‘precipitous’ on new capital project

The Reform and Development Party has slammed the government for “precipitousness” in embarking on the New Administrative Capital project, one…
10 facts on the new administrative capital
Business

10 facts on the new administrative capital

On Friday, the world’s attention was turned to Sharm el-Sheikh city where President Abdel Fattah al-Sisi addressed the Egypt Economic…
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