Construction News
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EZZ Steel sets buyback price for delisted shares at EGP 138.15
In addition, the price is 40 percent higher than the average price over the six months preceding the announcement.
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Hisham Talaat Moustafa acquired 500,000 shares in TMG
This announcement follows Talaat Moustafa Holding Group’s report of exceptional and record-breaking sales in 2024.
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TAMEER Egypt Launches Urban Business Lane in New Cairo
The 155,000-sqm-metre commercial project in New Cairo is part the UrbanWalk mixed-use development.
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Navigating the Egyptian Rental Market
As of October 2024, electricity prices for households have risen by different amounts, ranging from 14.5 percent to 50 percent, depending on usage.
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Real estate developers anticipate 10-30% price increases in 2025
Economic factors such as high inflation and interest rates are likely to place significant pressure on financing and investment costs.
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Housing min. reviews implementation progress of projects in New Suez City
During a meeting held Saturday, the minister reviewed work progress and strategic plans in the presence of a host of respective officials.
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Housing minister discusses cooperation opportunities with real estate developers
The minister pointed out that in the past period he visited a number of investment projects established in partnership with real estate developers.
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All you need to know about "Your Home in Egypt” Initiative
This initiative is exclusively designed for Egyptians residing abroad, allowing them to purchase residential units in Egypt.
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Egypt’s steel industry giant EZZ Steel to delist its shares from EGX
EZZ Steel, one of the fastest-growing steel producers in Egypt, is known for its technological advancements.
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Construction Project
Cairo: Design, planning, and construction of a dry port, a logistic center, and a free zone
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Egypt’s steel industry giant EZZ Steel to delist its shares from EGX
EZZ Steel has appointed BDO Keys Financial Advisory to perform a detailed valuation and assessment of a fair value for the shares.
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Housing Ministry eyes global marketing strategy
The strategy also aims to reduce the ministry’s operational and maintenance burdens, particularly for large-scale infrastructure projects.
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Ezz Steel announces voluntary delisting from EGX
In a filing to the EGX, the company stated that the decision was approved during a board meeting held on December 7, 2024.
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Orascom Announces Additional Investment in Giza Pyramids Development Project
This brings the company’s total investment in the project to EGP 1.5 billion (USD 30.25 million), as stated in an interview with CNBC Arabia.
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Egypt, Qatar to cooperate on north coast real estate project
Madbouly added there was a ‘request’ from the Qatari side for tourism investment opportunities in the north coast region.
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Egypt and Qatar tackle North Coast together
This marks another step in the deepening partnership between the two nations, promising economic growth and opportunities in various sectors.
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Egypt, Qatar to soon announce big real estate investment project
The joint real estate venture is just one aspect of a broader partnership that aims to increase trade, investment, and cooperation in various sectors.
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36 real estate companies listed on
These companies achieve an average return on equity of 19.7 percent and a net profit margin of 39.2 percent.
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UAE’s Modon, Egypt’s Hassan Allam sign MoU on major construction projects in Ras El-Hekma
The two companies will explore opportunities to enhance utilities and infrastructure, with a specific focus on delivering sustainablity and resilience
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Egypt's parliament to review 'unconstitutional' decades-old rent law
Egypt's Supreme Constitutional Court has annulled the first two articles of the law regulating the tenant-landlord relationship, dubbed 'the old rent.