Construction News
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Egyptian industry body proposes low-interest home loans linked to unit size
Real estate body proposes state-backed low-interest home loans linked to unit size to help lower- and middle-income groups access housing.
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How Egypt became MENA’s third-largest construction hub
According to Knight Frank’s Destination Egypt 2025 report, Egypt attracted $1.4 billion in global private capital over the past year.
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Egypt is transforming Sinai from a battlefield into a growth frontier
The goal is to make Sinai self-sustaining: a region with modern infrastructure, fertile agricultural zones, and diversified economic bases.
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Egypt allocates LE 10B for Sinai development projects
Al-Mashat announced that LE 10 billion in public investments have been allocated for North and South Sinai under the FY 2025/2026 plan.
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Egypt becomes MENA’s 3rd-largest construction hub
The report highlighted $120 billion worth of awarded construction contracts in Egypt, with an additional $565.5 billion in the pipeline.
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Egypt unveils Smart Cities Strategy to drive sustainable urban transformation
Awad highlighted that sustainable urban development is a top priority in the government’s 2024–2027 programme.
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Egypt’s real estate market draws gulf wealth, but luxury supply still lags
Foreign direct investment is vital at a time when the Egyptian government is working hard to stabilize the economy.
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Egypt launches 10-year plan to boost iron, steel industry
Egypt has launched a 10-year strategy to transform its iron and steel industry into a regional hub.
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Egypt’s SCZone attracts $10.4bln projects as investments surge
Egypt's Suez Canal Economic Zone signs 34 projects worth $10.4B over 38 months across Sokhna, Kantara, Ismailia, and East Port Said.
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Egypt secures fourth tranche of Japanese funding for Cairo Metro Line 4
Egypt secures fourth tranche of Japanese funding for Cairo Metro Line 4, 19km Phase 1 with 17 stations serving 1.5M daily passengers.
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Egypt, JICA sign ODA loan agreement for Greater Cairo Metro Line 4 project
JICA signs loan agreement with Egypt for Cairo Metro Line 4 Phase 1 construction, aimed at reducing traffic congestion and air pollution.
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Egypt and Germany are building sustainable cities in Aswan
Beyond funding, international partnerships help Egypt access tested models in sustainable urban planning and integrate global best practices.
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Sky Realty raises stake in Bonyan to 82.19%
The filing showed no changes in related-party ownership, which remained at 0.000006%.
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Egypt’s Amer Group to invest over $104mln in new Porto Sokhna Phase
EGX-listed Amer Group's subsidiary secures tourism license for Polotano, the latest phase of the flagship Porto Sokhna development project.
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Egypt Construction Sector Grew 20% in 2024
Egypt's construction sector grows 20% in 2024 with EGP 56B in new investments, including the $35.7B Ras El Hekma development deal.
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Uptown 6 October reaffirms commitment to quality standards with ISO certification
Uptown 6 October Real Estate Development obtains ISO 9001:2015 certification, cementing its position as a leading Egyptian developer.
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Egypt introduces temporary steel import tariffs to maintain fair local market conditions
The decision, effective September 14, targets specific steel imports in a recent bid to bolster the local market after several complaints.
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Egypt construction sector grows 20% in 2024: GAFI chief
Egypt’s construction sector expanded by 20 percent over the past year, attracting EGP 56 billion (over $1 billion) in new investments.
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Egypt has imposed a temporary duty on imports of hot-rolled steel at 13.6%
According to Egypt, imports of billets to the country in 2024 increased by 227% year-on-year.
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EBRD promotes sustainable infrastructure in Egypt through PPPs
Launch of €10 million project preparation facility designed to encourage private-sector participation in infrastructure projects.