Construction News
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Are you a foreigner who wants to buy land in Egypt? here's what you should know
Egypt has embarked on a groundbreaking initiative to open up designated plots of land to foreign businesses, allowing transactions in US dollars.
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Rising revenue in US offsets decline in Egypt for Orascom
Orascom is building the longest monorail system in the world. The first line runs 54km from East Cairo to the New Administrative Capital.
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Egypt’s New Administrative Capital: In pictures
Egypt is building a new city, known as the "New Administrative Capital," 30 miles east of Cairo.
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French Saint-Gobain establishing €175 million glass factory in Egypt
French construction materials group Saint-Gobain laid on Wednesday the foundation for its third glass factory within Egypt’s Al-Ain Al-Sokhna zone.
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Housing ministry: Egypt works for supporting LCBI
Egypt is relentlessly working for supporting the Low Carbon Building Initiative (LCBI), while trying to secure affordable housing.
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Egypt and Saudi Arabia Cooperate to Build a Vibrant Hub in Downtown Cairo
The project is meant to cover the expansive 16,500 square meters of land with a vibrant hub for startups and innovation.
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Egypt to start construction of 2nd phase of administrative capital in 2025
ACUD has secured five new partnerships during the first quarter (Q1) of this year, worth between EGP 180 and EGP 200 billion.
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Top 20 real estate companies in Egypt
As Egypt continues to chart its course towards economic prosperity and urban development, the real estate sector emerges as a key driver of progress.
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Egypt Eyes $4 Billion Iron and Steel Industrial Complex with Italian Firm
Explore Egypt's ambitious plan to revolutionize its iron industry with an integrated industrial complex and green hydrogen production facility.
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Egypt targets Danish investments in infrastructure, IT
In March 2023, the Suez Canal Authority and Denmark's Maersk signed a new agreement to boost joint cooperation in the fields of training.
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EDGE and CLIFF - The Ark’s Latest and Most Robust Projects in New Cairo
The grand reveal was introduced during a spectacular launch event on The Ark’s site in attendance of Eng. Mohamed Amin El Dokhmesy.
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Egypt announces $35 billion UAE investment on Mediterranean coast
The development of the Ras El Hekma peninsula and could eventually attract as much as $150 billion in investments.
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All You Need To Know About Egypt And UAE's Ras El Hekma Multibillion-Dollar Development Agreement
The new project would bring $35 billion in foreign direct investment (FDI) into the economy within two months.
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Egypt's Ministry of Housing signs deals with UAE companies, boosting real estate, healthcare sectors
Ministry of Housing has signed an agreement to allocate land for the establishment of an integrated medical-educational urban project in El Shorouk.
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Egypt Ready to Cooperate in Raising Road Network Efficiency in Tanzania
Kamel Al-Wazir, Minister of Transport, discussed Tuesday joint cooperation with Tanzanian Minister of Works Innocent Bashungwa.
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Egypt’s building materials exports record $8.8B in 2023
Breaking down the specifics, iron and steel exports surged by 65 percent to reach $2.3 billion in 2023, compared to $1.4 billion in 2022.
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New Garden City: A Testament to Egypt's Vision for Urban Planning
New Garden City, a cornerstone of Egypt's New Administrative Capital, is a harmonious blend of classical and modern architecture.
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Egypt's Real Estate Sector Faces a Perfect Storm of Crisis
The real estate sector in Egypt is grappling with a perfect storm of crisis, including rising costs, delays in construction, and financial instability
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Talaat Mostafa's ICON completes acquisition of 7 Egyptian state-owned hotels
TMG has completed the final acquisition contract for a majority equity stake of 51 percent with full management rights in seven state-owned hotels.
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Egypt planning to offer land at Ras Ghamila for sale
The Ras Ghamila Project is the last piece of land overlooking the sea in Sharm el-Sheikh and the islands of Tiran and Sanafir.