Construction News
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Egypt's White Eagle Developments launches Darvell Business Complex in the NAC
$26mln commercial project is scheduled to be completed in two years.
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Beko Egypt inks deal with Hassan Allam Construction to build plant in Egypt
The plant will strengthen Beko Egypt’s presence in the local market, offering it a variety of high-quality and innovative home appliances.
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Iraqi NIC plans housing projects with Orascom
The Chairman of the National Investment Commission discussed on Tuesday a number of investment opportunities in the real-estate sector with OIH.
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Egypt to invite bids for High Dam power expansion
Egypt is planning to issue tenders for a project to boost power generation at the ‘High Dam’ in Aswan.
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Mountain View achieves a remarkable sales milestone of EGP 31bn in 2022
With this exceptional sales record, Mountain View continues to maintain its position among the largest real estate developers in terms of sales.
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The African Space Agency’s headquarters is set to make a landing In Egypt’s New Cairo
Egypt has been taking big steps towards participating in the field of space with many key space-related events taking place during the past two years.
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ODE’s net real estate sales jump 20.7% YoY in 2022
O West was the biggest contributor to new sales with 44.3%, followed by El Gouna with 9.5%.
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Real estate officials present urgent solutions to solve sector problems
The meeting concludes with a set to solutions to mitigate the impact of recent crisis on the market, including adding a net-zero interest period.
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El Batal Developments finished concrete works of the largest administrative building
"El Batal Developments" Company will be preparing during next February to complete all concrete works for its "Rock Capital 1" project.
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Orascom Construction to distribute interim dividend of $0.18/share
Revenues of the EGX-listed firm grew to $3.05bln during 9M-22.
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Sisi endorses law on building, developing superstructure in Ain Sokhna port
The under-construction company is an Egyptian stock venture under the free zones system.
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TMG contributes with EGP 5bn in CSR programmes
Hisham Talaat Moustafa said that TMG believes in the need to embody its CSR as a "moral and professional value".
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Magnom and Forbes to build zero-carbon ‘Forbes’ tower in Cairo
The striking, beautifully futuristic 'Forbes International Tower’ has a contextually responsive soaring glass, steel, and photovoltaic-laced design.
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Egypt to receive bids for 10th of Ramadan’s port, logistic center construction in April
The port and the logistic center will be built on an area of 250,000 feddans.
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Inertia Egypt secures $44.87mln bridge loan from two banks
Inertia Egypt CEO Ahmed El-Adawy reiterated the importance of supporting the real estate segment by the banking sector.
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Property Finder plans for greater investments in Egypt
They are committed to enhancing the home search experience in Egypt in line with National Strategic Plan for Urban Development 2052.
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Egypt's exports of building materials rise 7% YoY in 11 months
The UAE topped the list of importers with $843 million, followed by Canada with $795 million and Italy with $550 million.
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People & Places awards EGP1.6bn construction contracts for its North Coast development
People & Places, announced the signing of contracts with Solid and ASASS Construction companies for investment value of EGP 1.6bn.
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Project: Beautification of City and Beach
Noweibaa City: Beautification of Noweibaa City including the beach and Ahl Misr Walkway
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Egyptian-Russian Foundation honors builders of High Dam
Ahmed Samir, a representative of the Foundation, had distributed certificates of honor to the builders of the dam.