News / Construction

SODIC to Deliver “June” Project in Q3 2025: GM

Sixth of October Development and Investment Company (SODIC) is preparing to deliver the first units in the "June" North Coast project during the third quarter of 2025, the company's General Manager Ayman Amer told Invest-Gate.

Saudi Arabia Sees Rising Residential, Commercial Rental Activity

Saudi Arabia's rental index recorded over 275,000 residential and commercial leasing deals in July, unchanged from the same month last year, Invest-Gate reports.

Egypt’s Arab Contractors and Mercons Finalize JV Deal in Angola

Egypt's Arab Contractors Co. signed an agreement to establish a joint venture called Arab Contractors-Luanda with Angolan firm Mercons, as both countries deepen construction industry cooperation, Invest-Gate reports.

Dubai Property Prices Surge 24% in a Year on High Demand

Prices in Dubai's freehold residential market rose 4.8% in the second quarter, with annual gains hitting 24%, Knight Frank data shows.

ABB Opens Doors to Egyptian Students, Shares Expertise on Renewables

Zurich-based electrical equipment maker ABB Ltd. partnered with the Administrative Capital For Urban Development (ACUD) to train Egyptian university students on sustainable solutions, Invest-Gate reports.

Dubai’s Property Boom Expands to the City’s Outskirts

Dubai’s residential real estate upswing is extending to the outskirts, with luxury project prices in key areas hitting records, according to ValuStrat, an appraisal and research firm.

Al-Nayrouz Exhibitions to Launch Hazi Misr Tour in Saudi Arabia

Al-Nayrouz Company for Organizing Exhibitions said it plans to launch an exceptional tour of its Hazi Misr Exhibition beginning in Jeddah at the end of October and concluding in Riyadh in early November, in the Kingdom of Saudi Arabia, Invest-Gate reports.

Gama To Build BSH Home Appliances’ 1st Factory in Egypt, Africa

Gama Construction, Egypt's leading design-build construction firm, has signed a deal to build the first factory in Egypt and Africa for BSH Home Appliances, Europe's largest home appliances maker, Invest-Gate reports.

Counsel Masters to Start Delivery in 2nd Phase of Mamsha Ahl Masr in 6 Months

Counsel Masters real estate company announced that bookings and deliveries of the EGP 800 mn second phase of the Mamsha Ahl Masr ' Walk of the Egyptian People' project will start in six months, Invest-Gate reports.

Madinet Masr, MEDCOM Partners To Develop Taj City’s Infrastructure

Madinet Masr signed a memorandum of understanding (MoU) with Misr Engineering Development Company (MEDCOM) to implement infrastructure works in New Cairo's project, Taj City, Invest-Gate reports.

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