News / Construction

Arab Contractors to Develop Infrastructure Project in Kuwait

Egyptian real estate developer Arab Contractors will establish a new road in Kuwait worth EGP 10 bn to ease traffic congestion, Invest-Gate reports.

Construction Material Exports On the Rise

Egyptian construction material exports have been on a steady rise since the flotation of the EGP in November, Invest-Gate reports.

Oryx Industries Pumps Investments worth USD 76 mn into GCC, North Africa, 2020

Oryx Industries, a UAE-based building materials manufacturer, is to pump investments worth AED 280 mn into the Arab Gulf and North Africa regions until 2020, Invest-Gate reports.  

Egypt Tops World’s Fastest Growing Mortgage Markets

Egypt tops the world’s fastest growing mortgage markets and anticipates an expansion of 18.9% in mortgaged homes in 2017, Invest-Gate reports.

Huawei to Establish Fiber Optics Manufacturing Plant in Egypt

China’s telecom giant Huawei is planning to establish a fiber optics manufacturing plant in Egypt to turn the country into a hub for assembling the company’s products and exporting them to global markets, Invest-Gate reports.

Residential Supply in Cairo’s Outskirts Grows by 13%, Says OLX Report

Residential supply in the outskirts of Cairo and Giza has grown from 113,000 to 126,000 units, an increase of 13% in 2015 and 2016, an OLX Properties Egypt report says.

Govt To Use Nanotechnology In Construction

The government is revealing plans to use nanotechnology in construction as part of efforts aimed at supporting sustainable architecture, Invest-Gate reports.

Egypt Seeks Better Property Registration Ranking, Enforcement of Contracts

Egypt is seeking to improve its ranking on the World Bank’s “Doing Business Report”, especially regarding the registration of properties and the enforcement of contracts, Invest-Gate reports.

Tunnel in New Cairo’s Street 90 to Operate End of Month

A new tunnel has been finalized in New Cairo to connect the north and south of Street 90, New Cairo’s main road, and will be operating by the end of this month, Invest-Gate reports.

ElSewedy: New Law on Licensing Industrial Establishments To Boost Investments

The House of Deputies indefinitely passed on March 14 a draft bill facilitating the licensing of industrial establishments in a move seen by businessmen and experts as promising for the country’s investment climate, MENA reports.

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