Contractors News
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Egypt plans to have the world’s tallest structure at a height of 1000 m
The proposed mega-tall skyscraper Oblisco Capitale is located in the New Administrative Capital (NAC) of Egypt.
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Egypt Set To Complete 2nd Largest Stadium In Africa
It will be the largest in Egypt and the second largest in Africa, it's 94,000 capacity and is expected to replace Cairo International Stadium.
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Egypt will allow foreigners to own property with no limits, but with rules
Egypt will allow foreigners to own property with no limits, but according to certain rules, announced Prime Minister Mostafa Madbouly on Wednesday.
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Egypt to invite bids for High Dam power expansion
Egypt is planning to issue tenders for a project to boost power generation at the ‘High Dam’ in Aswan.
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Arqa begins construction work at I-Business Park project
Ahmed Gamal, the company’s CEO, said the company recorded EGP 1bn in sales in the first five months since the project’s launch in August 2020.
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Egypt's Arqa starts construction of I-Business Park project
$319mln project is located in the New Administrative Capital.
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Egypt's SODIC says seeking to take over Madinet Nasr
After a brief halt in trading, SODIC shares were up around 5 percent and Madinet Nasr’s were around 10 percent higher.
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L&T's construction arm wins Rs 14.5 bn contracts including one in Egypt
Besides, Power Transmission & Distribution Business has bagged orders worth Rs 5.68 billion.
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Egypt reaffirms support to China's B&R Initiative
Egypt supports the Belt and Road Initiative that connects China with the world's continents through massive networks of land and sea routes.
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Egypt's property developer SODIC doubles net profit in 2015
The company said revenue for the period rose to EGP 1.47 billion from EGP 1.37 billion in 2014.
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Chinese firm to start drilling at administrative capital site in April
The government signed contracts with CSCEC for 12 buildings, including ministry headquarters, the cabinet and parliament headquarters.
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Local contractors assigned to execute 95pct of Egypt's new capital
The first phase of the 170,000 feddan mega project is due to start before the end of this month.
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Egypt takes over new capital construction
The mega-project was unveiled in March at the Sharm el-Sheikh economic summit.
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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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Egypt hires German firm to bore transport tunnels under Suez Canal
Unlisted Herrenknecht AG was discussing contract details, a spokesman for the company said on Friday, giving no details.
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Egypt signs with six international firms to dredge new Suez Canal
Egypt hopes the new canal will more than double revenues from the waterway by 2023 to $13.5 billion from $5 billion.
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Dubai plan for $40 billion Egypt housing scheme nearly completed
Arabtec originally announced in March that it had agreed with the Egyptian army to build the homes at 13 locations around the country.
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Arab Contractors to significantly expand Egyptian and Saudi operations
Company Chairman Engineer Mohsen Salah talks about the the company’s upcoming expansion projects in Egypt and Saudi Arabia.
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Indian company wins $14 million contract in Egypt
An Indian company today won a major $14 million contract for a World Bank-funded project in Egypt's power sector.
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Nestle opens chocolate plant in Egypt, builds factory in Dubai
The new plant in 6th of October City is a 65 million-Egyptian-pound ($9 million) extension to Nestle's existing dry goods factory.