Construction News
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Cairo retail sector rents rose by 9% in 2023 – JLL
The retail sector saw limited project launches and completions in Cairo in 2023.
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With government relocated, Egypt set to unveil overhaul of downtown Cairo
The blueprint includes the government quarter on the southern edge of downtown and involves traffic plans.
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Libya signs agreement with Egyptian companies to build 11 new bridges
The Libyan government has signed contracts with Egyptian companies to build 11 new bridges in Derna, Benghazi, and Ajdabiya.
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Construction of a clinic
Menoufia: Construction of a public health clinic within Smlay Village
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Rehabilitation of some bridges
Beheira: Rehabilitation and raising the efficiency of some bridges
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PM Witnesses the Ceremony of Handing Over the First 3 Towers in New Administrative Capital
The business district also houses the Iconic Tower, a supertall skyscraper with a total structural height of almost 400 meters.
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Egypt Emerges as Africa’s Top Cement Producer
Egypt has risen to become Africa’s leading cement producer, boasting an impressive annual production capacity of around 92 million tonnes.
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Egypt plans to have the world’s tallest structure at a height of 1000 m
The proposed mega-tall skyscraper Oblisco Capitale is located in the New Administrative Capital (NAC) of Egypt.
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PM directs officials to start projects for upgrading view of Gameat Al Dowal Al Arabiya axis
He made the remarks during a meeting to follow up the implementation of a number of development projects in the Giza governorate.
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Ezz Steel's investments soar to $5.9B as exports target $1.75B in 2024
Afaf Ezz highlighted that the new smelting furnace was commissioned with an investment cost of approximately LE 5 billion.
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ACUD introduces ‘equal instalments’ system for land offerings
The Administrative Capital for Urban Development (ACUD) company has announced the introduction of the “equal instalments” system.
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Top 10 construction service companies in Egypt
These companies are involved in a wide array of construction activities, ranging from residential and commercial construction to industrial projects.
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Egypt’s New Venture Aims for Billions in Real Estate Revenue
Egypt is set to establish a dedicated company overseeing real estate export and leasing activities, reported state media Al-Ahram.
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Egypt to launch real estate export company targeting $3 billion in revenues
Egypt is set to establish a company focused on managing real estate export and leasing activities.
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LUD achieves EGP 2.5bn in sales from The Rift Business Park in Mostakbal City
Moreover, LUD plans to invest EGP 1bn in construction in the current year to speed up the construction process.
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Egypt administrative capital announces fourth phase expansion: Chairman
Abbas emphasized that the work of ACUD is ongoing, providing services to both visitors and residents of the capital.
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What you need to know about Egypt’s International Olympic city
At a cost of L.E. 2.8 billion, the construction of the gigantic venue began in 2018. It lays on area of 468 acres, with a capacity of 92,000 seats.
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Egypt plans expansion of new capital as first residents trickle in
Egypt is preparing to spend billions doubling the size of a lavish new capital it is building in the desert 45 km (28 miles) east of Cairo.
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Egypt approves land sales to foreign companies in USD
The Egyptian Cabinet approved the sale of specific tracts of land to foreign companies in US dollars, according to a statement on Wednesday.
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Egypt’s construction resurgence
Egypt's construction sector has emerged as a powerhouse, a dynamic force steering the nation toward economic growth.