Egypt-based Wadi Degla Developments has commenced work on a new luxurious residential compound dubbed "Promenade Maadi," with investments worth EGP 350 mn.
Osama Bishay, managing director of Orascom Construction Company, has expected the company's consolidated revenues to range between EGP 3 bn and 3.5 bn in 2018.
Minister of Housing, Utilities and Urban Communities, Moustafa Madbouly witnessed the launch of construction works at the Central Park (green river) in the New Administrative Capital (NAC).
Egypt-based Pyramids Developments has commenced drilling works at its new project, Grand Square Mall, the first commercial administrative medical mall in the New Administrative Capital's (NAC) Central Business District (CBD).
Dubai-based property developer Nakheel has commenced construction works of its rooftop infinity swimming pool at The Palm Tower, its 52-story, luxury hotel and residential complex at the heart of Palm Jumeirah, Dubai
Daker Abdellah, a member of the board of directors of the Egyptian Federation for Construction and Building Contractors (EFCBC), said the country's construction sector will face challenges in 2019, as a result of a shortage of liquidity due to delayed payments of contracting companies’ dues
Kuwaiti National Real Estate Company’s (NREC’s) unit Wadi El Nile Urban Development has signed a partnership agreement with Baderddin Group to develop part of Egypt’s housing units
Egypt's property developer Administrative Capital for Urban Development (ACUD) has inked a deal with the Egypt's Petroleum Ministry to establish the first cooling district in the New Administrative Capital (NAC), with the project's first phase to be implemented with investments valued at EGP 2.5 bn
Arab Contractors Chairman Mohsen Salah said Egypt's vast series of national projects over the past years has contributed to revitalizing the country's construction market and ending a colossal chunk of its stagnation crises
Swiss-Swedish engineering giant ABB Group has announced that it has relocated its Egypt-based branch to a new administrative headquarters in New Cairo, on 90th Street, on an area of 8,400 square meter
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