News / Construction

Tatweer Misr to Invest EGP 1.5 B in 2 Projects

Egyptian developer Tatweer Misr plans to develop two of its major projects, Fouka Bay and Il Monte Galala, with EGP 1.5 billion worth of investments next year.

Azha Ain Sokhna Records EGP 11 B Sales

Madaar Development's Azha project in Ain Sokhna has recorded sales of EGP 11 billion, according to Gasser Bahgat, CEO of Madaar.

Egypt’s Arab Contractors Partners with UAE Company for 2 Hotels in Dubai

Egypt's Arab Contractors Company will be partnering with UAE-based Al Ghuarair Properties to build two new hotel buildings in downtown Dubai.

5 Construction Tenders to be Offered in Fayoum

The Fayoum governorate is preparing five construction tenders to be offered to contractors next month in efforts to implement residential projects worth EGP 300 million.

Construction to Kick Off in Phase 1 of Il Monte Galala in December

Construction is expected to commence on 1,200 residential units in December, as part of the first phase of Tatweer Misr's Il Monte Galala project in Ain Sokhna.

Ibn Sina to Launch Residential Compound in 6th of October City

Ibn Sina for Hotels and Resorts will launch a real estate project worth of EGP 1.5 billion in 6th of October City in 2017, on 150 acres of land.

Arab Contractors Undertake EGP 2.8 M Work in New Administrative Capital

The Arab Contractors Company is undertaking infrastructure and housing projects at a cost of EGP 2.8 million in the New Administrative Capital, according to Arab Contractors Chairman Mohsen Salah.

Alkan Group Launches $600 M Citadel Plaza Project

Alkan Holdings Group is set to finalize Citadel Plaza, a five-star hotel, within five years at a cost of $600 million.

Abraj Misr Projects Sales to Record EGP 1.6 B in 2016

Abraj Misr is expecting sales of EGP 1.6 billion by the end of 2016, compared to last year’s EGP 560 million.

Infrastructure, Housing Projects to be Launched in Damietta

A total of 45 water sewage and drinking water projects will be implemented in Damietta at a cost of EGP 1.5 billion, as well as social housing units and road developments to be completed in the governorate.

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