New Administrative Capital

Mitsubishi Power and Egypt Ministry of Electricity and Renewable Energy Sign Upgrade and Reliability Agreement Extension for Sidi Krir and El-Atf Power Plants

Retrieved on: 
Tuesday, October 31, 2023

Dr. Mohamed Shaker, Egyptian Minister of Electricity and Renewable Energy, Eng.

Key Points: 
  • Dr. Mohamed Shaker, Egyptian Minister of Electricity and Renewable Energy, Eng.
  • Dr. Mohamed Shaker, Egyptian Minister of Electricity and Renewable Energy, commented on the agreement with Mitsubishi Power saying: "Egypt and Japan celebrate strong bilateral relations across multiple sectors.
  • Sidi Krir and El-Atf plants power hundreds of thousands of homes and businesses in the western Alexandria and middle Delta regions via the reliable Egyptian unified electrical grid.
  • This latest agreement harnesses Mitsubishi Power's heritage in Egypt, built on delivering our industry-leading, reliable technology and service excellence and ensure the availability of power for the people of Egypt."

DZS and Summit Technology Solutions Partner to Deliver Hyper-fast Fiber Optic Broadband Connectivity to Africa’s Tallest Building

Retrieved on: 
Tuesday, June 27, 2023

The SSN infrastructure consists of hyper-fast next generation fiber optic broadband connectivity, security cameras, gates and other access systems, and smart sensors and various Internet of Things (IoT) applications both within and connecting the towers.

Key Points: 
  • The SSN infrastructure consists of hyper-fast next generation fiber optic broadband connectivity, security cameras, gates and other access systems, and smart sensors and various Internet of Things (IoT) applications both within and connecting the towers.
  • DZS has been involved in delivering hyper-fast connectivity to the New Administrative Capital since 2021.
  • “Building on our reputation in-region for high product quality, flexibility, and world-class support, DZS has become a key enabler of solutions for this ambitious project.
  • DZS platforms and software are standards-based, proven interoperable with many other vendors’ equipment, and designed to be managed in multi-vendor environments.

Yesterday, the Egyptian Minister of Sports and the UAE Ambassador in Cairo inaugurate the Abu Dhabi National Jiu-Jitsu Championship in the New Administrative Capital

Retrieved on: 
Thursday, March 9, 2023

CAIRO, March 9, 2023 /PRNewswire/ -- Today, in the Covered Halls Complex in the New Administrative Capital of Egypt, the Abu Dhabi Jiu-Jitsu hosted Professional Jiu-Jitsu Championship competitions with Gi and No-Gi events that took place for the first time in the Arab Republic of Egypt on Friday and Saturday.

Key Points: 
  • We witnessed a great engagement from the fans in the first championship in Egypt.
  • FIT Club and several sports leaders in Egypt were present to launch this unprecedented sporting event.
  • This tournament is organized by the Abu Dhabi Association of Jiu-Jitsu Professionals (AJP), in cooperation with FIT Club Group and under the Egyptian Ministry of Youth and Sports umbrella.
  • The medallists for the wildcard competitions witnessed the distribution of 60 gold, 49 silver, and 16 bronze medals.

Yesterday, the Egyptian Minister of Sports and the UAE Ambassador in Cairo inaugurate the Abu Dhabi National Jiu-Jitsu Championship in the New Administrative Capital

Retrieved on: 
Thursday, March 9, 2023

CAIRO, March 9, 2023 /PRNewswire/ -- Today, in the Covered Halls Complex in the New Administrative Capital of Egypt, the Abu Dhabi Jiu-Jitsu hosted Professional Jiu-Jitsu Championship competitions with Gi and No-Gi events that took place for the first time in the Arab Republic of Egypt on Friday and Saturday.

Key Points: 
  • We witnessed a great engagement from the fans in the first championship in Egypt.
  • FIT Club and several sports leaders in Egypt were present to launch this unprecedented sporting event.
  • This tournament is organized by the Abu Dhabi Association of Jiu-Jitsu Professionals (AJP), in cooperation with FIT Club Group and under the Egyptian Ministry of Youth and Sports umbrella.
  • The medallists for the wildcard competitions witnessed the distribution of 60 gold, 49 silver, and 16 bronze medals.

Magnom Properties and Forbes announce partnership to build ‘Forbes International Tower’ at World Economic Forum Annual Meeting

Retrieved on: 
Thursday, January 19, 2023

Solidifying a commitment to long-term sustainability, Magnom Properties and Forbes, joined hands at the 53rd Annual Meeting of the World Economic Forum (WEF) in Davos, Switzerland, to announce their plans to build an innovative, environmentally responsive tower set in the heart of the rising New Administrative Capital in Cairo, Egypt.

Key Points: 
  • Solidifying a commitment to long-term sustainability, Magnom Properties and Forbes, joined hands at the 53rd Annual Meeting of the World Economic Forum (WEF) in Davos, Switzerland, to announce their plans to build an innovative, environmentally responsive tower set in the heart of the rising New Administrative Capital in Cairo, Egypt.
  • Envisioned by Adrian Smith + Gordon Gill Architecture (AS+GG Architecture), the planned ‘Forbes International Tower’ marks the start of a new era of building design as Magnom Properties, a subsidiary of Rawabi Holding, pushes the boundaries of modern construction to pursue a zero-carbon strategy in collaboration with Forbes.
  • "We are excited to partner with Magnom Properties to work with the world-renowned architect, Adrian Smith, and build the first sustainable international tower under the Forbes name,” said Mike Federle, CEO, Forbes.
  • The harmonious biophilic designs assist in air circulation, brings nature indoors, and aims to enhance employee wellbeing.

Egypt Construction Market Size, Trends and Forecasts Report 2022-2026: Growth in Egypt's Construction Industry has Been Revised Down Due to High Inflation and Currency Depreciation - ResearchAndMarkets.com

Retrieved on: 
Friday, September 30, 2022

The "Egypt Construction Market Size, Trends and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis, 2022-2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Egypt Construction Market Size, Trends and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis, 2022-2026" report has been added to ResearchAndMarkets.com's offering.
  • The forecast for growth in Egypt's construction industry has been revised down, owing to ongoing economic instability in the form of high inflation and currency depreciation, along with rising prices for energy and construction materials.
  • The solid pace of growth reflects the work on major infrastructure projects, including the New Administrative Capital (NAC), New Alamein and New Galala.
  • Historical (2017-2021) and forecast (2022-2026) valuations of the construction industry in Egypt, featuring details of key growth drivers.

Egypt Construction Market Report 2022: Industry to Grow by 10.4% this Year, Supported by Increased Investments in Infrastructure and Energy Projects - ResearchAndMarkets.com

Retrieved on: 
Monday, August 8, 2022

The "Egypt Construction Market Size, Trends and Forecast by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Construction, 2022-2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Egypt Construction Market Size, Trends and Forecast by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Construction, 2022-2026" report has been added to ResearchAndMarkets.com's offering.
  • The Egyptian construction industry grew by an estimated 8% in real terms in 2021, compared to growth of 3% in 2020.
  • The publisher expects the industry to grow by 10.4% this year, supported by increased investments in infrastructure and energy projects.
  • These projects will support investments in the infrastructure and petrochemical sectors, and are expected to drive growth across the construction value chain.

Egypt Telecoms, Mobile and Broadband Market Statistics and Analyses 2022 - ResearchAndMarkets.com

Retrieved on: 
Thursday, March 10, 2022

The "Egypt - Telecoms, Mobile and Broadband - Statistics and Analyses" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Egypt - Telecoms, Mobile and Broadband - Statistics and Analyses" report has been added to ResearchAndMarkets.com's offering.
  • Egypt's MNOs secure additional spectrum Egypt's mobile market has a penetration rate of about 104%.
  • About 62% of all mobile subscribers used mobile internet services as of late 2021, compared to 52% a year earlier.
  • Covering trends and developments in telecommunications, mobile, internet, broadband, infrastructure and regulation.

Schindler wins Cairo Monorail project

Retrieved on: 
Wednesday, February 2, 2022

Today, Schindler announced it will deliver, install, and maintain 136 elevators and 272 escalators for the Cairo Monorail Project.

Key Points: 
  • Today, Schindler announced it will deliver, install, and maintain 136 elevators and 272 escalators for the Cairo Monorail Project.
  • This landmark project will help to connect Egypt's New Administrative City with East Cairo.
  • 'Cairo Monorail is Schindler's first public transport project in Egypt, showing our growth trajectory in the region,' said Julio Arce, Member of the Schindler Group Executive Committee responsible for Europe South.
  • Founded in Switzerland in 1874, the Schindler Group is a leading global provider of elevators, escalators and related services.

Egypt Construction Market Trends and Opportunities Report 2021-2025 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, January 5, 2022

The "Construction in Egypt - Key Trends and Opportunities to 2025" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Construction in Egypt - Key Trends and Opportunities to 2025" report has been added to ResearchAndMarkets.com's offering.
  • The outbreak of the Coronavirus (COVID-19) pandemic has weighed on the Egyptian construction industry, which is expected to have expanded by 2.7% in real terms in 2020.
  • The government is also focusing on several promising sectors such as agriculture, food industries, communications and information technology, construction, and manufacturing.
  • Historical (2016-2020) and forecast (2021-2025) valuations of the construction industry in Egypt, featuring details of key growth drivers.