News / Construction

HCCD Imports EGP 2B in Equipment

The Holding Company for Construction and Development (HCCD) plans to import EGP 2 billion worth of equipment over the next two years.

Second Phase of the Sahaba Project Launched

The second phase of developing the Sahaba Project was launched in the presence of Ahmed Adel Darwish, Vice Minister of Housing and Development of Urban Slums and Magdi Fouad Hejazi, Governor of Aswan.

SDA Develops Projects in Suez Worth EGP 220M

Sinai Development Authority (SDA) is developing projects in Suez governorate worth EGP 220 million, said Mohamed Al Saka, SDA President.

Slum Development Fund: EGP 470 M Towards South Sinai, Port Said

The slum development fund allocated EGP 470 million for the development of dangerous districts in Southern Sinai and Port Said.

Maalem Group: 2017 to See Residential Projects Delivered

Maalem Group, an Egypt-based construction company, will deliver numerous residential projects in New Cairo early 2017, said Islam Amer, Maalem Group's Marketing Manager.

First Phase of M2 Gardens Project’s Development to Begin in Q3 2016

M2 Developments is set to start developing the first phase of M2 Gardens in the third quarter of 2016, announced its CEO, Mostafa Aboul Fotouh.

MATD to Establish EGP 70 M Project in Sidi Abdel Rahman

Marsa Marsa Alam for Tourism Development is planning an EGP 70 million project in Sidi Abdel Rahman, in the North Coast.

Beta Egypt: 80% of Beta Greens Project Completed

Beta Egypt for Urban Development, a real estate developer, completed 80% of its three-phase Beta Greens Project, said Alaa Fekry, Beta Egypt Chairperson

Heliopolis Company to Develop 22 Acres in Maryland Park

Heliopolis Company for Housing and Development announced its plans to develop 22 acres in the first phase of Maryland Park.

CONSTEC Inks EGP 100M Contract for Porto Sokhna Project

Construction and Design Company (CONSTEC), an Egyptian joint stock contracting company, signed an EGP 100 million contract to build touristic units in Porto Sokhna, said Talaat Fawzy, CONSTEC's Managing Director.

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