Construction News
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Egypt takes aim at overpopulation by building new cities
NZZ reports Egypt is launching satellite cities with modern infrastructure and developer incentives to relieve Cairo’s overcrowding.
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Egypt Launches 261,000 Apartments Across Five Phases
Ministry of Housing prepares to offer diverse housing options while reforming subsidy system for food support.
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75% of construction works of new Dairut barrage project completed
The project also includes the establishment of seven barrages with a system to manage and follow up water distribution in 45 areas.
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Egyptian Ezz Steel to challenge EU anti-dumping duties on hot-rolled steel
Steel producers in various countries subject to provisional duties have until April 4 to file their objections.
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LMD Announces Completion of Phase One of Business Quarter at “ONE NINETY” in New Cairo
LMD completes phase one of the Business Quarter at ONE NINETY, a major milestone in New Cairo's premier business and investment destination.
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Egypt’s residential sector leads 2024 project awards, valued at $2.4bn
Egypt's residential sector leads 2024 project awards with $2.4 billion in value, driven by easing inflation and improved currency stability.
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Egypt Advances Public Transport With BRT Project Launch
Egypt launches a BRT project to enhance public transport, reduce congestion, and promote sustainable, environment-friendly transportation solutions.
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Egypt’s Madinet Masr in talks for Saudi, UAE expansion
The EGX-listed developer is in negotiations with companies in Saudi Arabia and the UAE for potential joint ventures, starting with Riyadh.
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PM inspects units of “Housing for all Egyptians” initiative
The premier is accompanied by Minister of Housing, Utilities and Urban Communities Sherif Sherbiny and officials of the Housing Ministry.
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Housing Ministry to facilitate real estate funds
El-Sherbiny emphasized that real estate funds are vital financial instruments that offer diverse investment opportunities and generate strong returns.
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Egypt says 100 countries will attend Gaza reconstruction conference
Egypt prepares to host a Gaza reconstruction conference, with 100 countries participating, aiming to address rebuilding efforts post-conflict.
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Egypt’s Mountain View, STM Investment partner for residential project in East Cairo
Egypt’s Mountain View teams up for a new residential project in East Cairo, marking a significant investment in the real estate sector.
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Banque Misr grants EGP 2.6bn credit facility to Hyde Park for ‘Sea Shore’ project
The Sea Shore project is designed as a high-end coastal destination, featuring a mix of residential and hotel units for sale.
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Construction of centers
Matrouh: Construction of 2 healthcare centers under two contracts
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“Your Home in Egypt” receives strong interest within 48 hours of launching, secures $2.5M
Launched in December 2024, the initiative aims to give Egyptians living abroad the chance to buy residential units.
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Your Home in Egypt: New housing initiative with exclusive benefits for Egyptians abroad
Ministry of Housing will officially launch the website for the "Your Home in Egypt" initiative where Egyptians living abroad can reserve housing units
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Inertia Egypt to invest EGP 8bn in real estate during 2025
Inertia Egypt plans an EGP 8bn investment in real estate projects throughout 2025, focusing on expanding residential and commercial developments.
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Construction of wastewater treatment plant
Kafr El Sheikh: Design and Construction of wastewater treatment plant
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Emirati Emaar to expand Egypt investments to $25 bin
Mohamed Alabbar, founder of the Emirati Emaar Properties, announced that the company’s investments in Egypt had reached $18 billion.
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MIDAR and Emaar Misr partner for $277mln residential project in East Cairo
Midar and Emaar Misr join forces for a $277 million residential project in East Cairo, advancing real estate development in Egypt’s thriving market.