Arqa Development Group (ADG) is planning to deliver the first phase of 2 billion Egyptian Pounds ($127 million) I-Business Park project in the New Administrative Capital in the second quarter of 2024.

The company said in a press statement that they would deliver the 300-unit first phase by April 2024.

The three-tower, 20-storey mixed-use development would house hotel apartments, offices, clinics, stores and restaurants, the statement said.

(1 US Dollar = 15.72 Egyptian Pounds)

(Writing by Eman Hamed; Editing by Anoop Menon)


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