Construction News
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Egypt intends to sell 25-30% stake in MIDAR to strategic investor
It was reported in May that Egypt targets collecting additional proceeds of EGP 70 billion from its IPO program in the fiscal year (FY) 2023/2024.
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Egypt: Ezz Steel moves to losses in Q1
Ezz Steel is an Egypt-based manufacturer and trader of steel and related products.
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TRA opens first scope review on glass fibre from Egypt
A scope review looks at whether an existing trade remedy measure’s scope is still appropriate.
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Project: Bridges
Aswan: Replacement and renovation of 4 bridges
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Project: Paving roads
Assuit: Paving some roads
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Egypt real estate for foreigners decree: All you need to know
Foreigners were limited to owning two residential properties for personal or family use, with each property not exceeding 4,000 square meters in area.
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Egypt allows foreigners to own residential real estate
The Egyptian Cabinet approved a law on Wednesday allowing foreigners to own residential properties in Egypt, according to an official statement.
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Jawad Developments eyes achieving EGP 1bln in sales of VAL Plaza project in west Cairo
Dr Adel Abdel Jawad said that the company has obtained construction licenses and has already begun construction works of the mall.
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Egyptian Real Estate faces challenges with low registration rates
The low registration rates stemmed from a combination of bureaucracy and lengthy procedures.
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New Capital embraces first initiative to regulate Egypt’s real estate marketing sector
The Innovation Experts Real Estate Institute is the educational arm of the Real Estate Regulatory Agency (RERA), which is affiliated to the Dubai Land
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Egypt Set To Complete 2nd Largest Stadium In Africa
It will be the largest in Egypt and the second largest in Africa, it's 94,000 capacity and is expected to replace Cairo International Stadium.
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Capital Group Properties reinforces commitment to strategic growth plan in Egypt
Capital Group Properties (CGP) has announced plans to further drive its strategic growth plan in Egypt.
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Lift Slab’ losses widen 48% YoY in Q1: Egypt
Lift Slab is an Egypt-based company engaged in the construction and development of industrial buildings and facilities.
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Al-Futtaim Real Estate wins the prestigious ‘Developer of the year’ award at The Big 5 Construct Egypt 2023
The Big 5 Construct Egypt 2023 was held from 19-21 June at Egypt International Exhibition Center.
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Egypt steel production slows amid dollar shortage, declining demand
Egypt’s steel production has slowed since the beginning of the year as a result of a foreign currency shortage and a decline in local demand.
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LMD Breaks Ground on W Residences Cairo & W Cairo situated within its Flagship One Ninety Development in New Cairo
LMD is a leading real estate company that continues to establish an outstanding position in Egypt and many countries around the world.
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Project: Reinforced concrete bridges
Sharkeyya Governorate: Replacement and renewal of (4) reinforced concrete bridges on different wasters
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Fifth edition of Big 5 Construct Egypt exhibition opens in Cairo
The fifth edition of the Big 5 Construct Egypt for construction material opened on Monday at the Egypt International Exhibitions Centre.
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Egypt: Zahraa Maadi obtains shareholders’ nod for 2022 dividends
Shareholders greenlighted the dividends proposal during the ordinary general meeting (OGM) that was held on 15 June.
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Egypt: Orascom Investment Holding records higher consolidated net profits in Q1-23
The company’s operating revenue jumped to $1.22mln in Q1-23.