Construction News
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An Egyptian-Emirati alliance aims to control construction, water and energy projects in the Middle East and Africa
It is worth noting that the Emirati ARJ Group consists of 49 companies. The group covers all sectors of building, construction and investment.
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Egypt's UDF launches $24bln national mega housing project
The project aims to develop the capitals of the governorates and major cities.
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Egypt's Urban Development Fund launches project to develop the historic Fustat area
The project will be developed at a total investment of $243mln.
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Egypt, World Bank Group discuss developments of social housing financing programme
The social housing financing programme began in 2015 at a value of $1bn to provide adequate housing for low and middle-income people.
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Iron prices in Egypt witness new increase starting Monday
Al-Zaini revealed that the price of iron in Egypt for the consumer has reached about EGP 25 thousand per ton.
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Urbnlanes plans to raise investments in Egypt to $974.61mln
Urbnlanes’ investments in Egypt amount to EGP 11 billion distributed on 3 projects, Urbnlanes CEO, Fadi Emeel said.
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Egypt's Tatweer Misr launches Rivers project in New Zayed
The project consists of more than 700 villa residential units, will start in 2025 and complete in 2027.
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Reduced subsidies, a burden on property developers
The decision, however, stipulates that the Ministry of Housing, Utilities, and Urban Communities would support the interest difference.
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IDP sets up Egypt's first Potain MCR 295 tower cranes for Maspero Triangle project
The crane is as high as the restaurant of Cairo Tower.
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Egypt's Ontario Developments starts construction of Maple Business Complex
Hafez Consultants is the project’s lead consultant, and delivery is planned to begin by 2026.
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The 8th Annual Intelligent Cities Exhibition & Conference kicks Off 6 November in Cairo
It is the leading event to gain insight on how to generate significant returns by turning your development into an intelligent sustainable city.
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Patement proptech Platform raises $1.5 million
Partment offers a hassle-free solution for second home co-ownership through the digital platform and smart booking system
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Egypt's Housing & Development Bank sees over $1mln block trading deal
In the first half of 2022, HD Bank reported higher consolidated net profits by 29.9% annually.
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Investments in Egypt's construction sector hit LE600B annually
This came during the inauguration of the fourth edition of The Big 5 Construct Egypt exhibition.
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Misr Italia to deliver 800 units in IL BOSCO
El-Assal said that IL BOSCO was built on an area of about 200 feddan in R7 at the New Administrative Capital (NAC).
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IHD Developments launches Vivid Business Tower in New Capital
Company invests EGP 600m in project, It is a commercial project located in the NAC’s Downtown area.
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2022 to open new opportunities in Egypt's real estate market
Egypt was one of the few emerging market countries that experienced a positive growth rate thanks to the government’s timely response to COVID-19.