Today: 21 June 2025
28 June 2022
1 min read

NEW EGYPTIAN CAPITAL

The Egyptian cabinet announced on Sunday that more than 70 percent of the structural works in the first stage of the New Administrative Capital (NAC) have been completed…reports Asian Lite News

According to the New Administrative Capital Company, the state-run company that oversees the construction of the new city, more than 70 percent of the NAC’s first phase, which spans an area of about 40,000 acres, was finalized.

Between 70 to 90 percent of the construction of 10 residential neighborhoods in the city has been completed. Additionally, a number of giant projects have almost been completed, including the government district, the financial and business district, as well as the Central Business District (CBD), the media center of the Egyptian cabinet said in a statement.

Being built some 50 km east of the Egyptian capital Cairo, the CBD, with its Iconic Tower, the most striking skyscraper in the district, is being constructed by the China State Construction Engineering Corporation.

Egypt’s new administrative capital is designed to relocate major government institutions from the increasingly congested and overpopulated capital of Cairo, which is home to about one-fifth of the country’s 100 million population.

ALSO READ:Visa announces launch of global ‘She’s Next’ initiative in Egypt

The Egyptian government also expects the new capital would create around 2 million jobs.

Previous Story

World Bank Seeks Reforms in Education

Next Story

Jordan Puts Palestine on Agenda

Latest from Arab News

IAEA sounds nuclear alarm in Iran

UN nuclear watchdog urges restraint, calls for diplomacy to prevent crisis. The head of the International Atomic Energy Agency (IAEA), Rafael Grossi, has issued a stark warning about the potential nuclear fallout

Trump says it’s hard to tell Israel to stop

President downplays European diplomacy as Israeli jets strike over 35 Iranian missile sites US President Donald Trump has said it would be “difficult” to ask Israel to stop its ongoing airstrikes on

War on Children Worsens, Says UN

The new high surpassed 2023, another record year, which itself represented a 21 per cent increase over the preceding year….reports Asian Lite News Violence against children in conflict zones soared to record

US weighs joining fight with Israel

Europe’s push for diplomacy is in sharp contrast to messages from Washington, with President Trump openly weighing bombing Iran  Iran’s foreign minister will meet in Geneva with counterparts from Germany, France and

Kremlin warns US against Iran strike

Putin revealed that Moscow had proposed several compromise frameworks to all involved parties — including the US, Israel, and Iran Washington would be making a serious mistake by launching an attack on
Go toTop

Don't Miss

Egypt Destined to Broker Peace in Middle East

Israel, which is immune to Egyptian demands, will have to

Egypt to Intensify Aid Delivery Efforts to Gaza

Egypt is ready to exert any effort to achieve calm