The President revealed that Egypt will offer the New administrative capital company on the stock exchange. Afterward, President Sisi witnessed the inauguration of a number of various residential housing projects in different areas nationwide, via video conference, from within Badr City. Badr City hosts the first housing project for the employees of the New Administrative Capital. The new housing units of Badr City would be handed over to the employees of the ministries that have been selected as a first stage to move to the New Administrative Capital. The first phase of the housing units in Badr City covers an area of 800 acres.

Source: Egypt Today August 14, 2021 13:30 UTC