Construction News
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Emaar Misr’s $353m IPO in Egypt to run June 16-25
The shares will be priced at 4.49 Egyptian pounds each, meaning the offer is expected to raise 2.69 billion pounds.
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مدير المشروعات العالمى المهندس عبد الرءوف مختار
مشروعات البنية التحتية الدولية
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International Projects Manager Abdel-Raouf Mokhtar
International Infrastructure Projects
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المهندس المصري العالمي عبد الرءوف مختار
مشروعات البنية التحتية
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Egypt's MNHD approves joint mall project with Saudi's Fawaz Alhokair
The Teegan development is located in the east of the Egyptian capital, across from Cairo International Airport, and will ultimately cover 3.5 million square metres.
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Egypt's SODIC doubles first-quarter profit
The revenues doubled from the same period last year.
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Egypt's Madinet Nasr Q1 net profit falls 51 pct y-o-y
The company reported net profit of 50.8 million pounds in the first quarter of 2014.
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14 GCC, Egyptian investors request North Coast land for tourist resorts: Ministry official
TDA aims to offer North Coast land tender in second half of 2015 as part of country’s intention to develop region.
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Gulf Extrusions sees demand for aluminium products rising in Egypt
A commercial office will open in Egypt before the end of the year to take advantage of a growing market boosted by housing sector. demand
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UAE provides EGP11bn to finance 50,000 residential properties
Project to be finalised by July, according to head of Executive Body for Social Housing
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Egypt's Amer Group posts jump in Q1 profit
Amer has diversified businesses in the primary and secondary homes market, as well as hotels, shopping malls and restaurants.
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World Bank to present mortgage system plans in Egypt
Bank participates in social housing programme providing $500m towards 1m housing units for low-income citizens.
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World Bank lends Egypt $500 mln for social housing project
Madbouly said 170,000 units would be completed by the end of the year, bringing the total number of finished units to 250,000.
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Emaar Misr's Egypt unit aims to raise $367 mln -statement
The board had recommended to shareholders that the developer offer 600 million shares on the Cairo bourse to raise EGP2.8 billion.
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Orascom, Bombardier to build $1.5 billion monorail in Egypt
The train will connect the Cairo metro system, which is being expanded, to areas west of the capital including 6th of October City and Sheikh Zayed.
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Intelligent Cities Exhibition & Conference (ICEC) Gathers Global Industry Leaders Together
The not to miss event brings global industry leaders together under one roof to deliver sustainable intelligent cities
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Dubai's Arabtec says in talks with banks to fund Egypt project
Arabtec has said the first phase will involve building 100,000 units.
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Urban development project set to upgrade informal settlement of Istable Antar
Residents suffer from lack of services and medical care, and isolation from basic needs.
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Egypt arm of Dubai developer Emaar reports big profit increase
The company's revenues rose 110 percent in the same period to 751.5 million pounds from 357.7 million.