Egypt will mark move to New Administrative Capital with ‘mass celebration’

SourceArab News
SectorFinancial Markets

CAIRO: The Egyptian government announced on Thursday that it will organize a "mass celebration" to mark its transition to the country’s New Administrative Capital. Egyptian Prime Minister Mostafa Madbouly said the event will “express ‘the new republic’ in a clear message” and that a number of sites are being considered as the venue for the celebration, including People’s Square and Sari Al-Alam. Madbouly was speaking after a meeting held on Wednesday at the Cabinet headquarters in the New Administrative Capital, which is located just outside Cairo, at which a number of officials from the company charged with organizing the celebration were present. According to Engineering Authority officials, all the buildings in the New Administrative Capital have now been completed, although there is still some electromechanical work to be finished and some facade work to complete. Egyptian Cabinet spokesman Nader Saad had said earlier that the move to the New Administrative Capital was about a year behind schedule because of the COVID-19 pandemic, but confirmed that the transition will happen this year, although a date has not yet been set. more...