Construction News
-
Egypt launches digital system for property ownership transfers in social housing units
The service enables users to submit and process transfer requests via new city authorities and governorate housing directorates.
-
FRA cuts MCDR fees to boost digital real estate investment platforms
The move is part of the FRA’s broader strategy to support innovative investment mechanisms, expand financial inclusion, and facilitate investments.
-
Egypt extends deadline for private developers to join low-income housing scheme
15 extra days for private-sector real estate developers to submit applications to partner with the government in implementing a social housing scheme
-
Egypt: Bonyan sees $6.4mln block-trading deal on EGX
The transaction was executed on 68.245 million shares.
-
Lenders compete to fund EgyptAlum’s USD 3 bn alumina facility
EgyptAlum and Alba are pushing forward with the largest alumina refining facility the country has ever built as international lenders compete.
-
Is the reinvention of downtown Cairo Egypt’s most controversial comeback?
The Egyptian capital is fast evolving as developers seek fresh opportunities on its storied streets.
-
IMKAN Misr Signs MoU with AASTMT to Allocate 45 Feddans within Alburouj
This is for the establishment of a new campus for the Academy, reflecting both parties’ commitment to supporting the education sector.
-
Egypt’s real estate boom is starting to split in two
While luxury coastal projects along the North Coast continue to post explosive price growth, Cairo’s urban residential market is showing strain.
-
Egypt’s North Coast residential prices soar 390% amid investment boom
The region has evolved from a seasonal summer retreat into a year-round coastal destination attracting both regional and international capital.
-
Egypt-Based Proptech Byit Expands Into UAE Following $1.1M Round
Byit says the move is aimed at connecting Gulf investors with Egypt’s property market through an agent-focused platform.
-
Trafigura takes minority stake in Egyptalum smelter expansion
The expansion will carry an investment ticket of USD 750-900 mn and doubles the Naga Hammadi complex’s capacity.
-
Hassan Allam wins contract for Mopco’s Damietta complex overhaul
Plus: Algeria’s Condor to invest USD 25 mn in Sixth of October AC plant.
-
Egypt cuts 46 transport projects, presses ahead with $525M road works
Egypt’s Transport Ministry will advance 21 road and bridge projects in the next fiscal year, with an estimated investment of 28 billion EGP.
-
Livingyards unveils EGP 30bn portfolio, eyes revenues above EGP 50bn
Livingyards' total investment value of its project portfolio has exceeded EGP 30bn, with targeted revenues projected to surpass EGP50bn.
-
Artificial intelligence powers Egypt’s USD 27bn city project
Backed by Talaat Moustafa Group, the development aims to fuse digital twin infrastructure, edge AI and data-driven economic planning.
-
30 cents for an apartment with a view? Egypt says no more as it ends old rent law
The so-called "old rent" rule, which fixes the amount and allows it to be passed down through generations.
-
New real estate fees ignite pricing pressure in Egypt
Egypt’s move last week to impose partnership fees on real estate projects is adding fresh cost pressures across the sector, raising expectations.
-
Egypt allocates EGP 35 bln for construction and development projects in Sinai
Egypt has allocated a total of around EGP 35 billion (around $665.2 million) in public investments for the construction and development of Sinai.
-
Egyptian Hassan Allam, Saudi Al Bawani consortium awarded $490 mln Diriyah museum contract
Hassan Allam Holding and Saudi Arabia’s Al Bawani Holding have been awarded a $490 million contract to construct the Saudi Museum of Contemporary Art.
-
7 facts about “The Spine”: Egypt’s first cognitive city project
Here are seven key things to understand about what The Spine is, how it works, and why it could become one of Egypt’s most closely watched development