Latest in Tag: Construction Highlight
Latest in Tag: Construction
EGP 500m to construct solar powered compound
MCR will run global tender to choose company that will be responsible for implementing 1 MW solar power plant
30,000 units issued for Social Housing Programme
Represents first time for programme’s units to be issued in Giza governorate, says Madbouly
Amer Group establishes company in Dubai to handle projects: Investor relations manager
Company’s capital stands at AED 1,000, divided into 10 shares with a value of AED 100 per share
Emaar Misr Board approve capital rise by EGP 600m
Firm’s current issued capital evaluated at EGP 4.019bn, set to reach EGP 4.619bn with increase
28% YoY decline expected in Luxor hotel room revenues: Colliers International
Medium-term tourism in Luxor sees a hit after recent militant attack
Hassam Allam to start construction of $80m solar project in Q1 2016
Company signed agreement with NREA to develop 50 MW solar power plant in Aswan
ERC, KarmSolar sign contact to construct $2.5m solar station
KarmSolar company will rent ERC’s 50,000 sqm land while ERC receives 2% of the project’s profits
SODIC expects EGP 4.5-5bn in contracted sales in 2016
Company hopes to start sales in North Coast project by end of this summer
Arab Development and Real Estate Company buys New Cairo land for EGP 3.5m
Company says it will establish real estate projects on 1,000 sqm of land
Emaar sets share price at EGP 3.5-EGP 4.25
Around 15% will be offered publicly, remaining 85% will be offered privately for qualified institutions
Arabian Cement’s net profit declines 52% despite 11% revenue increase
Devaluated Egyptian pound, high cost of transportation result in “tough quarter” for the company
European tourists drive hotel room profit during Ramadan: Colliers International
Demand maintained in Cairo, while Luxor sees lowest revenues and occupancy rates
UAE provides EGP11bn to finance 50,000 residential properties
Project to be finalised by July, according to head of Executive Body for Social Housing
World Bank to present mortgage system plans in Egypt
Bank participates in social housing programme providing $500m towards 1m housing units for low-income citizens
Tabarak Holding to start North Coast project early 2016: Company’s chairman
Increase of land usufruct in Ras Sedr and airport constructed to be discussed in June conference
Tabarak Holding targets 2015 profits of EGP 100m
Company will have an EGP 600m IPO on the Egyptian stock market
Surplus cement supply stabilises prices for 5th month
854,000 tonnes of cement were produced in April, states Minister of Supply
Consumer Protection emphasise maintaining mineral water pricesÂ
Demand for mineral water has increased since the spillage of 500 tonnes of phosphate in the river Nile last week, causing a fear of poisoning through the water supply.
Arabtec seeks funds from banks
UAE construction company holds talks with domestic and international banks
1,700 Construction Company workers strike over unpaid salaries
The company does not make revenues, workers demand government involvement
Heliopolis Company targets EGP 200m profits for FY 2015/2016
Company is studying issuing two tenders for four real estate projects
Palm Hills, MNHD sign MoU establishing residential project
Project’s revenues will range between EGP 4.6bn to EGP 5.5bn
Arab Contractors Co. raises investments in Ethiopia by $111m
The company is studying building a new affordable housing project in Addis Ababa, such as residential buildings 7, 9, 12 floors, says the company CEO
Legal restrictions behind absence of Egyptian developers in Saudi Arabia
Despite growing market, countless opportunities and housing shortage, Egyptian firms unable to break ground in Gulf state
5 years needed to implement Arabtec project
The Emirati company’s profits from the project will not surpass 7.5% of project’s cost
Hotel room revenues to increase in upcoming period: Colliers International
Quarterly and annual forecast sees rise in room revenues compared to last year’s corresponding periods
17% of Middle East wealth builders invest in real estate: Citi
Households with financial assets of $100,000-$2m comprise world’s fastest growing wealth segment
EFCBC submits memorandum to Cabinet on diesel shortage: EFCBC member
Diesel shortage is delaying implementation of construction projects, says Abdellah
Growth awaits residential, commercial real estate development: EIG Inc marketing and sales director
Big demand for middle, upper-middle housing units by large segment of society, significant increase in demand of malls and administrative centres
Abraj Misr to start EGP 4.5bn project in April
The project is expected be completed by 2018