Construction News
-
Egypt introduces temporary steel import tariffs to maintain fair local market conditions
The decision, effective September 14, targets specific steel imports in a recent bid to bolster the local market after several complaints.
-
Egypt construction sector grows 20% in 2024: GAFI chief
Egypt’s construction sector expanded by 20 percent over the past year, attracting EGP 56 billion (over $1 billion) in new investments.
-
Egypt has imposed a temporary duty on imports of hot-rolled steel at 13.6%
According to Egypt, imports of billets to the country in 2024 increased by 227% year-on-year.
-
EBRD promotes sustainable infrastructure in Egypt through PPPs
Launch of €10 million project preparation facility designed to encourage private-sector participation in infrastructure projects.
-
Egypt’s new capital secures EGP 50 billion in 2025 investment
Egypt’s New Administrative Capital has sustained a strong flow of investment in 2025, with commitments reaching about EGP 50 billion.
-
Investments in Egypt’s New Capital Hit EGP 50 Billion in 2025
Investments in Egypt’s New Capital reached EGP 50 billion this year, with total assets now at EGP 360 billion and profits reaching EGP 35 billion.
-
TMG’s Arab Company for Projects upgraded to AA- on record sales
TMG’s board recently approved its results for the first half of 2025, which showed unprecedented record performance.
-
Emaar Misr, Citystars to develop a EGP 900 bn Marassi on the Red Sea
The four-year, 2.4k-feddan development near Hurghada will mirror Marassi North Coast.
-
Egypt advances plans to upgrade historic Cairo with Azbakeya, Ataba projects
Egypt advances historic Cairo upgrades with the Azbake Garden revival and the EGP 50M Ataba market project 80% complete, modernizing commercial areas.
-
FRA approves Madinet Masr’s SAFE Real Estate Fund establishment
FRA approves Madinet Masr's SAFE Real Estate Fund establishment, developed by Minka Development for secure fixed earnings assets.
-
Egypt cracks down on soaring cement prices
Egypt is taking steps to stabilize the cement market by boosting production, limiting exports, and enforcing transparent pricing.
-
Cabinet approves procedures for old rent tenants to obtain housing units
Egypt's Cabinet approves procedures for old rent tenants to obtain housing units, with strict enforcement against usage violations.
-
ÈLM Developments launches its first project “ÈLM Tree” offering green views and competitive prices in West Cairo
ÈLM Developments launches the EGP 10B "ÈLM Tree" project in 6th October City, offering a green residential community in West Cairo.
-
Egypt implements EGP 12.7bn water, wastewater projects in Northwest Coast in 2024
Egypt completes EGP 12.7B water/wastewater infrastructure projects in the Northwest Coast, with 71 projects creating major opportunities.
-
Coral Bridge subsea cable connects Egypt and Jordan after 25 years
Egypt and Jordan complete the Coral Bridge subsea cable, 15 km of high-speed, low-latency fiber, enhancing regional digital integration.
-
Downtown Cairo properties assessment for public offering completed by SFE
These properties represent a significant portion of the national asset portfolio under the Fund’s management.
-
Egypt harvests 315,000 cubic metres of rainwater in Sinai as part of flash flood protection measures
Egypt captures 315,000 m³ of rainwater in Sinai during August storms, boosting flood resilience via dams, artificial lakes, and underground reservoirs
-
Egypt, Jordan strengthen digital ties with Coral Bridge Cable
Egypt and Jordan launch the Coral Bridge submarine cable, enhancing connectivity between Asia, Africa, and Europe.
-
6 latest updates on the rent law and its implementation
As the government moves forward with its implementation of Egypt’s newly approved Old Rent Law, here are six key updates on the unfolding situation.
-
Egypt’s Town Writers ramps up construction activity in NAC and New Cairo
Founder and Chairman Omar El Saadawy told Zawya Projects that they are working “around the clock” to deliver on their commitments.