NUCA, Emaar embark on a multi-billion dollar integrated residential projects

EGYPT – The New Urban Communities Authority (NUCA) and Emaar Misr Development have signed an agreement to establish two integrated urban projects in Sheikh Zayed Extension City. According to Daily News Egypt, the final agreement between NUCA and Emaar Misr stipulates that the company will purchase 52.4-feddan in-kind share in Sheikh Zayed City from the NUCA, in addition to the areas ceded by the company to create external roads, bringing the total land area to about 120.9 feddan. The Authority said that it is committed to delivering utilities and services…

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