News / Construction

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.

Orascom Completes Al Masah Hotel in New Administrative Capital

Orascom Construction has finalized construction on Al Masah Hotel in the New Administrative Capital, in collaboration with the Armed Forces Engineering Authority.

HCCD Subsidiaries Sign EGP 3 B Worth of Contracts

Subsidiaries of the Holding Company for Construction and Developments (HCCD) have signed contracts worth EGP 3 billion for projects to be completed in a year and a half, according to Mohamed Hegazy, CEO of HCCD.

5000 Social Housing Units to be Launched in Sadat City

A total of 4,980 residential units have been finalized in the first phase of a social housing project in Sadat City, along with facilities, according to Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly.

Asala Sells 80% of New Cairo Residential Compound

Asala Holding for Investment and Residential Development has sold 80% of its residential compound in New Cairo, according to Hamdy Raslan, a Sales Executive at Asala Holding.

50 Acres Allocated for Social Housing in New Fayoum

The New Fayoum Administration has announced the availability of 50 acres dedicated to social housings in a statement sent to New Urban Communities Authority (NUCA).

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