1959
NCHD was established via Presidential Decree 815/1959 to develop the lands that became a district of Cairo
known as Nasr City

1983
A subsidiary of the Public Sector Housing Authority
 

1991
A subsidiary of the National Company for Construction and Development (NCCD)
 

1995
Listed on the CASE
 

1996
75% floated to the public and Employee’s Association, bringing the NCCD’s shareholding down to 25%.
 

2006
NCCD further sold 10% to the public, bringing it’s shareholding down to 15%.
 

2006 / 2007
Tender Offer by Beltone and Affiliates for a stake of NCHD, resulting in a change of control of the Company
 

2007
Restructuring of the BoD, appointment of Mr. Ahmed El-Sayid as Chairman and Mr. Elaiwa Shalaby as M.D.