ACUD launches smart licensing system to streamline urban development in New Capital
The Administrative Capital for Urban Development (ACUD) has announced the completion of the first phase of its smart licensing and ministerial approvals system, marking a major transformation in the review of urban designs and the issuance of construction permits in
MADKOUR Developments enters Egyptian market with first project in New Capital
Building on the extensive experience of MADKOUR Holding in delivering national infrastructure projects, MADKOUR Developments has officially entered Egypt’s real estate market with the launch of its first project in the New Administrative Capital, aligning with the state’s broader urban
Egypt to adopt World Bank Human Capital Report as roadmap for government policy
Egypt will adopt the World Bank’s Human Capital Report on Egypt as a roadmap for government policy, aligning national development strategies with global human capital indicators and the country’s long-term sustainability goals, Minister of Health and Population Khaled Abdel Ghaffar
25 injured after minibus overturns on Cairo–Sokhna road
Egypt’s Health Ministry announced that 25 people were injured on Monday when a minibus belonging to the Ministry of Youth and Sports overturned at kilometer 40 on the Cairo–Ain Sokhna Road, near the New Administrative Capital. Health Ministry Spokesperson Hossam
Energy firms urge Egypt to honor payments, boost cooperation on advanced technologies
Egypt’s Prime Minister Mostafa Madbouly chaired a high-level roundtable discussion on Tuesday titled “Egypt’s Energy Transition Future” at the Cabinet headquarters in the New Administrative Capital. The meeting brought together key ministers—including those of Environment, Electricity and Renewable Energy, Finance,
PM reviews ongoing development of public business sector companies
Prime Minister Mostafa Madbouly held a meeting at the government headquarters in the New Administrative Capital with Mohamed El-Shemy, Minister of the Public Enterprises Sector, to review the progress of development initiatives for state-owned companies. In his opening remarks, Prime
Egypt’s PM reviews draft budget for FY 2025/26
Egypt’s Prime Minister Mostafa Madbouly reviewed the draft budget for fiscal year (FY) 2025/26 at a meeting held Tuesday in the New Administrative Capital. The budget prioritises increased spending on education, healthcare, and social protection programmes, while maintaining a
Bonyan plans IPO on EGX by end-February, targeting EGP 5bn in investments
Bonyan Real Estate Investment executives held a press conference on Tuesday to share key updates regarding their forthcoming initial public offering (IPO) on the Egyptian Exchange (EGX). The company announced that it had received official approval for the listing, with
Ministerial group finalizes Egypt’s startup charter
Egypt’s government plans to bolster its startup sector with a new financial package and a unified definition of startups, officials announced following a recent meeting. The Ministerial Group for Entrepreneurship, chaired by Planning Minister Rania Al-Mashat, concluded its third meeting
Deputy FM participates in 51st Annual Conference of Association of Egyptian American Scholars
Nabil Habashi, Deputy Minister of Foreign Affairs, participated in the 51st Annual Conference of the Association of Egyptian American Scholars, held in the New Administrative Capital on Sunday. At the conference’s opening, Habashi delivered a speech on behalf of Minister