Tuesday, 20th June 2017
Housing Ministry Delivers 700 Units in El-Noubariya El-Gadida
The government is handing over new units in in El-Noubariya El-Gadida City in El Beheira governorate, Invest-Gate reports.
Monday, 19th June 2017
Gov’t Unveils Service Projects Worth EGP 182.8 mn
The Central Agency for Reconstruction is currently implementing new service projects as part of its plan for the fiscal year 2016/2017, following the completion of 13 projects in 12 governorates, Invest-Gate reports.
Monday, 19th June 2017
Steel Rebar Prices Up in Egypt on Import Tariffs
Steel rebars used in construction increase by approximately 17% in Egypt after temporary import tariffs on rebars from China, Turkey and Ukraine came into effect last week, Reuters reports.
Sunday, 18th June 2017
Egypt to Establish 20,110 Units in 16 Cities by Year-End
The government is to complete the establishment of 20,110 residential housing units in 16 governorates by the end of this year, Invest-Gate reports.
Wednesday, 14th June 2017
Samcrete Posts Higher Profits in Q1
Egyptian construction and development company Samcrete Egypt Engineers and Contractors posts a 2820% year-on-year rise in its standalone profits in the first quarter of 2017, Invest-Gate reports.
Thursday, 8th June 2017
Egypt’s ECG: Works Will Go On In Qatar Despite Rift
Egypt-based Engineering Consultants Group (ECG) is committed to continuing its works in Qatar despite Cairo’s recent decision to break off relations with Doha, Reuters reports.
Wednesday, 7th June 2017
Egypt Imposes Tariffs on Chinese, Turkish, Ukrainian Steel
The Egyptian Trade and Industry Ministry is imposing temporary import tariffs on steel from China, Turkey and Ukraine, Invest-Gate reports.
Tuesday, 6th June 2017
El-Saeed Contracting Shareholders Approve Capital Hike
Egypt’s El-Saeed Contracting and Real Estate Investment Company is to raise the issued and paid-up capital to EGP 709.65 mn from EGP 665.297 mn, Invest-Gate reports.
Tuesday, 30th May 2017
HDB Profits Grow 203% in Q1
Egypt’s Housing and Development Bank (HDB) posts consolidated profits of EGP 556.8 mn in Q1 of 2017, up 203% y-o-y from EGP 183.7 mn, Invest-Gate reports.
Monday, 29th May 2017
HHD Allocates EGP 50 mn to Develop Land Plot in New Cairo
Egypt’s Heliopolis for Housing and Development (HHD) is allocating EGP 50 mn from its investment budget for FY2017-18 to provide its land plot in New Cairo with basic facilities, Invest-Gate reports.