Construction News
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Sumou Holding to Establish Real Estate Investment Fund in Egypt
The group’s goal to expand from eight countries to thirty, positioning Egypt as a central hub in this ambitious growth plan.
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Egypt High-Speed Rail Project Boosts Sustainability with New HVAC
Egypt’s high-speed rail adds HVAC to 21 stations, enhancing comfort and energy efficiency.
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Mohamed Fekry appointed Vice Chairman of Beta Real Estate Development
Beta Real Estate names Mohamed Fekry Vice Chairman, signaling a new era of innovation.
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Egypt’s property developers surges to 1,910 in 2025
Egypt's property developers surge to 1,910 in 2025, driven by government support and vast untapped land, signalling robust sector growth.
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Egypt establishes Real Estate Market Regulation Unit to oversee sector transparency
New Real Estate Market Regulation Unit launched to boost transparency, protect buyers, and formalize developer/broker relationships in Egypt.
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DDC Alliance receives Chinese loan to help finance high-speed train between Port Said and Abu Qir
DDC Alliance secures Chinese financing for a high-speed rail link connecting Port Said and Abu Qir, boosting Egypt's infrastructure.
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Egypt’s Nawy Acquires Majority Stake in Dubai’s SmartCrowd
By acquiring SmartCrowd, Nawy gains immediate access to the GCC market while integrating regulated fractional investment services into its portfolio.
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7 updates on Egypt’s new draft Rent Law
Egypt has an estimated 3 million rented units, with nearly 2 million in Cairo alone, The reform could reshape the housing market.
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Egypt unveils plan for new desert city megaproject
While officials say these projects are key to Egypt’s long-term growth, they have also contributed to the country’s soaring foreign debt.
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Nasr for Civil Works obtains EGM’s nod for capital raise
Nasr for Civil Works gets EGM nod to raise capital to EGP 210M, issuing bonus shares from 2024 profits.
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Egypt’s Elsewedy Electric to supply power solutions for first resort in Ras El Hekma
Elsewedy will power Ras El Hekma’s first resort, boosting Egypt’s coastal development.
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TMG climbs to 4th in Forbes’ Top 50 Public Companies in Egypt
The company advanced two places to secure the fourth position. The ranking reflects growth that saw the company’s sales rise to $837m from $593m.
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House of Representatives’ Housing Committee approves new “old rent” law
The draft law stipulates an appropriate transitional period before terminating old lease contracts.
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Egypt "ready to implement" bridge to Saudi Arabia over Red Sea
Egypt advances plans to build a bridge or tunnel connecting it to Saudi Arabia, boosting regional trade and transportation links.
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Construction of a building
Gharbiya: Construction of a service/commercial building
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Hassan Allam Construction & Metito awarded Alexandria West Wastewater Plant upgrade
The plant post upgrade will have a capacity of 600,000 m³/day to meet national effluent standards.
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Egypt launches trial operation of Cairo Ring Road BRT first phase
Egypt initiates the first phase of Cairo's BRT system, deploying electric buses to enhance sustainable urban transit and reduce congestion.
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Over 6,000 projects completed in Upper Egypt with $642mln investment
To date, the programme has implemented more than 6,000 projects with total investments exceeding EGP 32bn.
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Shark Tank Business Park: A Revolutionary Development by Madinet Masr
This one-of-a-kind destination is designed to seamlessly blend work and play within a dynamic environment that unlocks human potential.
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Ebny Real Estate Development Unveils Upper Egypt’s Premier and Most Extensive International Entertainment Hub
Ebny Land debuts in Upper Egypt with 100+ attractions across 63,000 sqm to boost tourism and regional job creation.