Latest in Tag: Construction Highlight
Latest in Tag: Construction
Public Sector Affairs Minister demands officials of HCCD complete housing and construction projects
The minister asked for a plan to take advantage of unused assets owned by HCCD and to diversify investments to reduce risks
NUCA seizes farmers’ land for construction in Beni Suef
The government’s decisions are arbitrary and serve only the investors, says NGO
Banque du Caire conducts study of EGP 1.5bn investment
The bank invested EGP 1.4bn in projects related to electricity, housing, food industries, says El-Zahid
RTVC to invest EGP 4bn in its Stella Di Mare II project
Sales of the projects are estimated to amount to EGP 5bn
Tabarak Holding allocates EGP 12m for projects’ maintenance
The company has already spent some EGP 8m and is expected to finish the maintenance work by mid-2016.
CI Capital prepares IPOs at EGX in construction, food, and hotel sectors in 2016
Government should activate one-stop shop quickly to attract more local and foreign investments, says Chief Executive
Orascom Construction signs power plants contract for $420m
OC will assist Egypt in receiving the necessary financing to pay back the company
Real estate prices and production costs at a disjoint as state reaps benefits
NUCA’s generated EGP 61bn last year for the state because of how it allocated lands
Madboudly encourages Saudi investment amid claims of continued high housing demand
Zaazou said discussion between Saudi and Egypt are taking place over constructing a $4bn resort
New Aswan City to see construction under much-delayed Social Housing Programme
The Ministry of Housing announced the construction of 4,000 units; 640 units already constructed
Funds to be secured for demolition and restructuring of informal settlements
EGP 10bn essential for medium term plan, three years plan of slums’ development
Talks with Saudi Arabia on constructing $4bn resort in Sharm el-Sheikh: Zaazou
Financed with Saudi capital, the project has been dubbed the largest tourist resort
Cairo hotels to profit despite lack of tourists: Colliers
Sharm El-Sheikh and Hurghada revenues suffers losses
IRON records EGP 104m loss in Q1 2015/2016
The company’s losses decline by 16% YoY
SODIC registers EGP 224m profits
The company delivered 425 units across eight projects during the first nine month of 2015
Wadi Degla wins bid to develop 800,000 sqm village
Revenues going to Wadi Degla will amount to EGP 1.1bn
New tenders to be offered by NUCA
Last week, the authority offered 5 bids in 3 new cities
Increase in tourism supports real estate growth: Lamudi report
Tourists’ arrival increases demand for new developments
Orascom Construction Industries registers EGP 789.6m profit in Q1 2015
Company turns to profit after registering an EGP 207.9m during the same quarter last year
Jordan’s Masaken Capital to acquire Cairo-based firm
Masaken Capital targets stock markets listing, projects for limited-income individuals
Dorra targets 10,000 residential units project
The company seeks to build 3,000 units per year
Building, construction sector major drivers of Egyptian economy growth: EFG Hermes
Growth will be around 4.5% this fiscal year, and the oil price will remain constant, says Ziada
Cairo suffers shortage of middle-income housing: JLL
Government and developers need to cooperate in fixing the shortfall, JLL suggested
EBRD considers €160m loan for construction new Delta gas-fired power plant
Other projects include €24m Energy Efficiency Facility to finance small scale renewables and energy efficiency loans, €16m Women in Business facility
Construction sector still has room for growth: Industry experts
Private companies’ interest in social housing has increased, say Euromoney conference panellists
Elsaeed Contracting’s H1 net profit jumps 122.9%
Company’s gross profits recorded EGP 125m in same period
MNHD’s gross profit reached EGP 102m
Company says it’s on track with its Tag Sultan project
Arabian Cement studies selling frozen shares
Company held an IPO in May 2014
Palm Hills records highest H1 net profit in company’s history
Net profits in Q2 of 2015 register EGP 431.2m
Ministry of Social Solidarity, charity organisations send aid to Imbaba families
Dozens of families have been living in a big tent following the collapse of a building in the working-class neighbourhood