Latest in Tag: Construction Highlight
Latest in Tag: Construction
Mazaya Developments begins construction on 3 projects at NAC ahead of schedule
The company’s investments in the NAC exceed EGP 2bn
Six-month grace period for construction projects in new cities begins: Housing Minister
The decision was approved by the Board of Directors of the New Urban Communities Authority (NUCA) in a previous meeting in response to requests submitted to the authority. The measure was taken to extend the period of contract implementation amid the negative effects of the Russian-Ukrainian War.
Palm Hills aims to invest EGP 4.5bn into construction works during 2022
Mansour added that the company plans to issue a securitisation bond programme worth EGP 2bn in cooperation with Sarwa Capital.
Ora Developers to begin Silversands project’s construction in 1Q 2022 with EGP 45bn cost
The project will comprise a variety of units such as villas, twin houses, and chalets. Most of the units will have a sea view.
Akam to inject EGP 1.2bn into New Capital project construction in 2021: Managing Director
55% of Scenario project’s construction completed, 1st phase to be delivered by 2021 end
El Batal begins construction on Rock Capital 1 compound in New Capital
The work includes the excavation and plain cement concrete phase, and is currently building the foundations.
Zaytoun Development begins construction of 2 projects worth EGP 1bn in NAC
Company intends to deliver Inizio, Za Mall projects by 2022 end
Egypt’s Prime Minister, Parliament review construction requirements
Universities to prepare facade designs for new buildings in various governorates
Al-Sisi directs for national construction industry promotion
The Egyptian President met, on Tuesday, Prime Minister Mostafa Madbouly, Minister of Electricity and Renewable Energy Mohamed Shaker, Minister of Petroleum and Mineral Resources Tarek El-Molla, and Minister of Trade and Industry Nevine Gamea.
Cabinet agrees to extend reconciliation for construction violations until year end
Cabinet Spokesperson Nader Saad said that the approval came in response to the demands of several citizens, who had crowded into the administrative units designated to receive reconciliation requests in recent days.
Egypt condemns Israel’s construction of new settlement units in East Jerusalem
Ahmed Hafez, the Foreign Ministry’s Spokesperson, expressed deep concern over what these policies will lead to in terms of undermining the opportunities to achieve the two-state solution to the Palestine-Israel conflict.
Mardev Developments begins construction on Menorca Residence construction
Zahran added that 40% of the project has been marketed, with 50% of the compound’s sales expected by the end of this year.
EG Master completes 20% of construction at The City Valley in NAC
Salib said that the company is developing The City Valley compound, which is worth EGP 4bn in investments, on 63 feddans in the NAC’s R7 district, with the project comprised of 57 villas and 51 buildings.
CSCEC continues construction on high-quality business buildings at NAC despite pandemic
CBD to include CBE headquarters, Egypt’s largest paper currency printing press, and dedicated area for banks
CIRA starts Phase 1 of construction on Badr University in Assiut
Company has purchased 5-feddan plot in Sohag governorate, to construct international school.
Dolmen Developments commences construction on The Pier Mall
Company plans to direct investments worth EGP 30m into project
Reconciliation of construction violations thorny but important for Egypt: Prime Minister
Country’s law explicitly stipulates specific period of six months for resolution to all violations, says Mostafa Madbouly
Orascom Construction reports $5.4bn backlog, $34.8m net income in H1 2020
Group demonstrates resilience in Q2 of 2020, despite challenges of coronavirus, says CEO Bishai
El Sewedy, SNEL sign $38.6m contract for transformer station construction in DR Congo
Project is set to boost socio-economic development in Kasumbalesa and surrounding areas
Transport Minister orders repair of Zamalek building affected by Metro construction
Building residents were provided EGP 30,000 each to cover temporary residence until their return
EGP 1.2bn construction contracts awarded in SODIC East since 2018
During a site visit to SODIC East, Sherif said, “Since breaking ground in 2018, SODIC has awarded over EGP 1.2bn in construction contracts
Housing Ministry allows construction schedule adjustments for new city investment lands
Facilities include extending construction period for additional three months without penalties
‘The Big 5’ construction show postponed to September 2021
Event will come as Dubai is expected to enter exciting new growth phase
Ora Developers, Orascom, Banque Misr partner on ZED Sheikh Zayed construction
Construction to be completed in three years, first phase units to be delivered by 2023
City Edge, Gama Engineering announce Etapa Phase 2 Construction contract
Project has seen rapid progress, with several leading construction companies involved in bidding
Construction on new phosphoric acid project to start in June
Launch of project is good news for Abu Qir Fertilizers
Government allows construction sector to work as normal despite Covid-19 precautions
The precautionary measures have been put aside in the case of the construction industry to ensure projects with a national interest currently under development are completed quickly.
Government announces measures to protect construction workers from COVID-19 spread
Companies which want to continue, or halt operating have to commit to state preventive measures, the PM said
Calls to halt construction activities to protect workers from COVID-19
Moreover, contractors have thousands of labourers who need to work to secure appropriate income and it would be the companies’ responsibility to pay them regularly even if they were forced to reduce working hours or days.
Zewail City needs EGP 2.2bn to complete construction works: chairperson
Donations reached EGP 1.28bn, national authorities provide annual support of EGP 130m