Construction News
-
Egypt imposes tariffs on Chinese, Turkish, and Ukrainian steel
The decision is intended to protect the local industry from imported alternatives.
-
Debut Egypt Property Show nets over $55m sales
Egypt Property Show (EPS) 2017 ended its inaugural GCC edition on a successful note with leading developers clinching sales deals worth E£1 billion.
-
Misr Italia Properties launches Cairo Business Park hotel
Suez Canal and New Cairo attracting significant infrastructural investment, says Hilton vice president.
-
Egypt real estate market to be the fastest growing globally in 2017
About 300,000 households in Egypt are expected to be owned through a mortgage in 2017.
-
Egypt emerges as the world’s fastest growing mortgage market
An overwhelming demand for housing in Egypt has resulted in the world’s fastest growing mortgage market, for Cityscape Egypt.
-
Mega projects enriching Egypt's real-estate sector
In a prelude to CityScape Egypt conference, the panel focused on the effect of New Capital City and Suez Canal Economic Zone on real estate sector.
-
China's Goodsense to establish $100 mln aluminium factory in Egypt
The government will allocate a 16,000 square-meter area in the industrial zone of Ataqa in Suez Governorate for the project.
-
Egypt’s construction sector is most prosperous in the MENA region
Egypt is the most prosperous construction market in the region despite the effect of the currency’s devaluation and the high inflation rate.
-
InterCairo Aluminum to cancel IPO procedures due to US dollar exchange hikes
The world prices of aluminium dropped significantly, which has forced the company to retreat from offering its shares on the EGX.
-
China Fortune to help build new city in Egypt
CFLD released a statement saying it had signed an MOU with the Egyptian government to invest in and build the second phase of the new capital.
-
Will government intervention bridge the housing gap in Egypt?
Housing Ministry depends on “social housing” and makes adjustments to the project’s main axes.
-
Egypt’s real estate sector remains buoyant
Egypt’s residential real estate market has recorded impressive results thanks to persistently high demand.
-
Egypt to establish skytrain worth $4.5bn
The rail line is planned to be 35 km long, 10 stations and transporting 270,000 passengers a day. The journey time from Giza to 6October is 38 mins.
-
Domestic Investors Pour Money Into Egypt’s Property Market
Rise in prices and sales raise fears of a market bubble; buying houses as a hedge.
-
Egypt and UAE talk real estate
During the crown prince’s visit to Cairo, the UAE allocated $4bn in funding to support development in Egypt.
-
Egypt's Redcon targets business worth $168mn by 2017
Egypt-based Redcon Construction Company aims to expand its volume of business in the Egyptian market to reach USD 168 million by 2017.
-
69% of real estate professionals confident in market growth
Investors and real estate professionals have much to be optimistic about.
-
1,560 units built in New Tiba city
A total of 5,352 new housing units are being built in the city, says Madbouly.
-
Egypt's property developer Emaar Misr saw net profit doubled in 2015
Emaar contributed to the rise in profits by delivering of 819 units across its developments.
-
Property developers report record activity in Egypt
Cityscape Egypt set to welcome record number of buyers and sellers through its doors as real estate industry begins to boom.