Construction News
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All You Need To Know About Egypt And UAE's Ras El Hekma Multibillion-Dollar Development Agreement
The new project would bring $35 billion in foreign direct investment (FDI) into the economy within two months.
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Egypt's Ministry of Housing signs deals with UAE companies, boosting real estate, healthcare sectors
Ministry of Housing has signed an agreement to allocate land for the establishment of an integrated medical-educational urban project in El Shorouk.
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Egypt Ready to Cooperate in Raising Road Network Efficiency in Tanzania
Kamel Al-Wazir, Minister of Transport, discussed Tuesday joint cooperation with Tanzanian Minister of Works Innocent Bashungwa.
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Egypt’s building materials exports record $8.8B in 2023
Breaking down the specifics, iron and steel exports surged by 65 percent to reach $2.3 billion in 2023, compared to $1.4 billion in 2022.
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New Garden City: A Testament to Egypt's Vision for Urban Planning
New Garden City, a cornerstone of Egypt's New Administrative Capital, is a harmonious blend of classical and modern architecture.
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Egypt's Real Estate Sector Faces a Perfect Storm of Crisis
The real estate sector in Egypt is grappling with a perfect storm of crisis, including rising costs, delays in construction, and financial instability
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Talaat Mostafa's ICON completes acquisition of 7 Egyptian state-owned hotels
TMG has completed the final acquisition contract for a majority equity stake of 51 percent with full management rights in seven state-owned hotels.
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Egypt planning to offer land at Ras Ghamila for sale
The Ras Ghamila Project is the last piece of land overlooking the sea in Sharm el-Sheikh and the islands of Tiran and Sanafir.
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Wealthy GCC investors targeting Egypt for real estate investments
GCC nationals have been purchasing residential properties in Egypt for an average of around $1.1 million.
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Construction of a fence
Aswan Governorate: Construction of a fence within a Sporting Club
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Record sales in 2023 – real estate developers secure LE 700B in sales
Topping the list of the most popular real estate locations was East Cairo, with the report pointing towards expansions in Al-Mostakbal City.
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Bonyan acquires 8th commercial asset in REDCON Properties’ Golden Gate Project
This is in line with Bonyan’s strategy of acquiring trophy commercial real estate assets cementing its position as the leading real estate company.
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Construction equipment
Cairo: Supply of heavy construction equipment (iron & steel sheets), and painting supplies
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Housing Min. Visits Chinese Projects to Stand on Modern Management Systems
Gazzar, currently visiting China, said the visit is meant to stand on the up-to-date management, operation and maintenance systems.
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Cairo retail sector rents rose by 9% in 2023 – JLL
The retail sector saw limited project launches and completions in Cairo in 2023.
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With government relocated, Egypt set to unveil overhaul of downtown Cairo
The blueprint includes the government quarter on the southern edge of downtown and involves traffic plans.
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Libya signs agreement with Egyptian companies to build 11 new bridges
The Libyan government has signed contracts with Egyptian companies to build 11 new bridges in Derna, Benghazi, and Ajdabiya.
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Construction of a clinic
Menoufia: Construction of a public health clinic within Smlay Village
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Rehabilitation of some bridges
Beheira: Rehabilitation and raising the efficiency of some bridges
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PM Witnesses the Ceremony of Handing Over the First 3 Towers in New Administrative Capital
The business district also houses the Iconic Tower, a supertall skyscraper with a total structural height of almost 400 meters.