All posts tagged "Egypt"
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ConstructionArdic starts work on Zizinia El Mostakbal in Egypt
Ardic for Real Estate Development, the Egyptian firm, has started construction work on its Zizinia El Mostakbal development in the Future City....
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InfrastructureSiemens celebrates milestone in Egypt power megaproject
German Chancellor Angela Merkel and Egyptian President Abdel Fattah El-Sisi recently symbolically inaugurated the first phase of Siemens’ megaproject in Egypt. The...
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ConstructionThree Egyptian developers ‘suspend Saudi projects’
Three developers from Egypt have put housing deals in Saudi Arabia on hold, Reuters reported. The news agency cited “political tensions between...
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ConstructionEgypt construction costs ‘soar after currency float’
Construction costs in Egypt have soared since Cairo took the decision to float its currency, the pound, according to a press report....
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ConstructionTender for Sharm El-Sheikh airport works expected – report
A tender for the expansion of Egypt’s Sharm El-Sheikh International Airport is being prepared, it has been reported. A source from the...
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ConstructionEgypt’s Arab Contractors in $15m Dubai hotel deal
Arab Contractors, one of Egypt’s largest construction and contracting companies, recently signed a AED55 million ($15 million) contract with UAE-based Al Ghurair...
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ConstructionChina firm in $20bn deal for Egypt’s new capital
A Chinese firm has reportedly signed a deal to develop and manage a vast area of Egypt’s planned new administrative capital city,...
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InfrastructureEgypt hoping to attract $10bn in FDI – official
Egypt’s investment chief has revealed that the North African country hopes to attract $10 billion in foreign direct investment (FDI) as it...
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ConstructionProfits slide at Egypt’s Orascom Construction
Egypt’s Orascom Construction on Wednesday reported a 22.4% drop in second-quarter profits, as the contractor said it continues to limit its exposure...
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ConstructionArab Contractors turnover ‘hits $2bn’ on new Egypt deals
Egyptian construction firm Arab Contractors says its total turnover has registered a year-on-year increase of four billion Egyptian pounds ($112.6 million) to...