• Sunday, 17 January 2021

    No NUCA fines until March

    A grace period on late payment fines for properties developed by the New Urban Communities Authority (NUCA) is now ending on 15 March, instead of last month, the authority said in a statement. The grace period applies to homes, offices,...
  • Thursday, 14 January 2021

    Palm Hills tapping Al Taamir for securitization?

    Al Taamir is in talks to manage Palm Hills Developments’ (PHD) planned EGP 650 mn securitized bond issuance, which is expected to go to market this quarter, Al Taamir Chairman Mazen Hassan tells Al Mal. Al Taamir — a special...
  • Monday, 11 January 2021

    Qatari Diar to resume City Gate project

    Qatari Diar will resume work on its CityGate project after getting the green light from the New Urban Communities Authority (NUCA), seemingly putting an end to a four-year dispute over the developer failing to deliver on construction targets, Al Shorouk...
  • Sunday, 8 November 2020

    EGX lists fourth tranche of Al Taamir’s EGP 10 bn securitized bond issuance

    DEBT WATCH- The fourth tranche of Al Taamir’s EGP 10 bn securitized bond issuance has been listed on the EGX, according to an EGX disclosure (pdf). Al Taamir is a special purpose vehicle set up by the New Urban Communities...
  • Wednesday, 28 October 2020

    Lulu plans new hypermarket in New Cairo

    Indian retailer Lulu is in talks with the New Urban Communities Authority to establish a hypermarket in New Cairo’s First Settlement, Al Mal reports, citing sources with knowledge of the plans. Negotiations are in their final stages and an agreement...
  • Tuesday, 20 October 2020

    Your top education stories of the week

    Your top education stories of the week: PPP: The Education Ministry yesterday launched the second phase of the public-private partnership program, which will see private sector firms collaborate with the government to build 98 language schools.New school year: The 2020-2021...
  • Monday, 19 October 2020

    Your top education stories of the week

    Your top education stories of the week: PPP: The Education Ministry yesterday launched the second phase of the public-private partnership program, which will see private sector firms collaborate with the government to build 98 language schools.New school year: The 2020-2021...
  • Monday, 19 October 2020

    Your top education stories of the week

    Your top education stories of the week: PPP: The Education Ministry yesterday launched the second phase of the public-private partnership program, which will see private sector firms collaborate with the government to build 98 language schools.New school year: The 2020-2021...
  • Sunday, 18 October 2020

    TMG wants to partner with NUCA to develop 5k feddans in Capital Gardens City

    Talaat Moustafa Group is in negotiations to partner with the New Urban Communities Authority to develop 5k feddans in the new administrative capital’s Capital Gardens City, the local press reports, citing unnamed sources.

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