Construction News
-
Egypt's steel industry files anti-dumping claim against imports
Steelmakers have submitted a request for the government to re-introduce anti-dumping duties on imports of rebar and wire rod.
-
Egypt imposes fees on stone exports, banning raw minerals
Decision intended to reduce exports of marble, granite, and sand and includes a ban on minerals Quartz, Talc, Manganese, and Feldspar.
-
Egypt's Badr investors to launch Holding Firm with EGP200mn capital
Badr Investors Association is scheduled to launch the firm in cooperation with the Housing Ministry to complete suspended infrastructure projects.
-
Egypt industry minister meets Ezz Steel, Beshay Steel and Suez Steel
Mounir Fakhry Abdel Nour met with the three largest companies producing iron and steel in Egypt, to discuss the repercussions of energy prices.
-
Bets on property lift Egypt's bourse; banks support Qatar
Egypt's bourse climbed 1.4 percent to a three-week high of 8,429 points as shares in property developer Talaat Moustafa Group jumped.
-
Egyptian cement producers face energy cuts
Output in the building materials industry has been impacted by the turbulence with public spending on construction and infrastructure declining.
-
Qalaa Holdings signs agreement for Sphinx Glass
The size of the transaction will imply an enterprise value of around US$ 180 million which translates into a cash consideration of US$ 114.2 million.
-
Nestle opens chocolate plant in Egypt, builds factory in Dubai
The new plant in 6th of October City is a 65 million-Egyptian-pound ($9 million) extension to Nestle's existing dry goods factory.
-
Egypt's Arab Contractors to expand investments in Africa
Leading construction company says it has 35 projects in Equatorial Guinea, plus a highway linking Ethiopia and Kenya.
-
Palm Hills Developments names new co-CEO
The move follows US private equity firm Ripplewood’s acquisition of a 2.3% stake in PHD last month.
-
Egypt "urged" for duties on Turkish steel
Cuts to energy subsidies, which account for 13 percent of the state budget, are seen as necessary by leading business figures.
-
CIB Egypt approves EGP550 million loan for Madinet Nasr Housing
CIB Egypt and MNHD are expected to sign the definitive loan agreement within days, the sources said.
-
Egypt needs anti-dumping duties if energy subsidies cut -steel firm
Energy subsidies are one of the most explosive issues facing Egypt's former army chief and almost-President Abdel Fattah al-Sisi.
-
G.A. Development
G.A. Consulting
-
Egypt's Industrial Real Estate
Missed the 9th Money and Finance Conference? Download all you need to know about Egypt’s industrial real estate challenges and opportunities.
-
The Suez Canal Corridor: What's the plan?
The Egyptian government planned a project to develop the Suez Canal Axis and is calling for investors to pitch in. Here is their plan.
-
Next Step: Addressing real estate in Egypt
With the rise in residential demand, Mall of Arabia is hosting the first annual real estate exhibition for companies in 6th of October.
-
Hilton to open its 19th property in Alexandria
Hilton Worldwide continues its expansion efforts in Egypt, as it opens a new hotel in Alexandria, the "Pearl of the Mediterranean".
-
Construction Billionaires: The Talaat Moustafa Family
They reconstructed Egypt, earning a colossal fortune in the process and certain notoriety, despite legal and criminal accusations.