
âThe Big 5â exhibition boosts flow of FDI into Egyptâs construction sector
The Daily News Egypt sat down for an interview with Heijmans, the transcript for which is below, lightly edited for clarity
The Daily News Egypt sat down for an interview with Heijmans, the transcript for which is below, lightly edited for clarity
The MENA construction sector is surprisingly diverse in terms of exposure, profitability, and metrics, making it difficult to draw broad conclusions, yet currently Egypt is the most prosperous construction market in the Middle East and North Africa (MENA) region despite the effect of the currencyâs devaluation and the high inflation rate, according to HSBCâs âMENA …
Net profits register EGP 336m in FY 2012/2013, compared to EGP 505m in the preceding fiscal year
Gleeds Construction Consultancy Egypt says devaluation of the local currency is likely to take its toll on the sector
Managing Director of Suez Cement Group, Bruno Carre spoke to Daily News Egypt about the companyâs current projects and products
By Reuters DUBAI: Dubai contractor Drake & Scull, which has shifted its focus to other regional markets after a slowdown in the United Arab Emirates’ property sector, has won a 845 million dirham ($230 million) contract in Algeria, it said on Tuesday. The contract was awarded to the civil contracting arm of Drake, the firm said …
By Ahmed Rasheed / Reuters BAGHDAD: Iraq’s cabinet approved a $363 million contract on Tuesday with Egypt’s Orascom Construction to build a 1,014 megawatt gas power plant in the north of the country, it said on Tuesday. The contract involves building a plant in Baiji, 180 km (112 miles) north of Baghdad, to install six gas …