News / Egypt

EFCBC to Discuss Construction Challenges in March

Egyptian Federation for Construction & Building Contractors (EFCBC) in collaboration with Excellent Agency is to hold the third “National Projects: Patriotic Vision to the Future” conference held on March 14

New Al Alamein City Developments in Progress

Construction tenders have been launched to build 1,500 social housing units in New Al Alamein City, alongside other in progress developments

EGX Increase Expected in 2017

The Egyptian Stock Exchange (EGX) targets 20,000 points level by the end of 2017 amid the current economic conditions, achieving 60% increase compared to its closing level by the end of 2016

Over 30 Ships Pass through Suez Canal

38 ships carrying total shipments/ cargo of 2.3 mn tons have passed through Suez Canal earlier this week

USTDA Regional Director Meets Darwish

Head of the Suez Canal Economic Zone Ahmed Darwish met with Regional Director of the US Trade & Development Agency (USTDA) Carl Kres to discuss boosting trade and industrial sectors in the Suez Canal Economic Zone, Invest-Gate reports.

Several Development Projects to be Constructed for EGP 14.6 bn

Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly announced plans for several development projects in Sinai, Giza, and Upper Egypt at a cost of EGP 14.6 bn through cooperation with the Central Authority for Construction, Invest-Gate reports.

‘Real Estate Investment’ to Join Social Housing Through Investment Companies, Sixth of October City

Minister of Housing, Utilities and Urban Communities Mostafa Madbouly held a meeting with the Chamber of Commerce’s Real Estate Investment department to discuss their involvement in Sixth of October City’s Social Housing project, Invest-Gate reports.

West Port Said Harbour Receives EGP 3 bn for Developments

Development works worth EGP 3 bn have began at West Port Said Harbour, MENA reports.

Ministry of Social Solidarity to Develop Homes for 10,000 Families

Setra,an urban developmental project to enhance the living conditions of 10,000 families in Cairo, will launch through cooperation between the Al Waleed Foundation and the Misr El Kheer Foundation

Emirati-Egyptian University to be Developed, New Al Alamein City

An Emirati-Egyptian university will be constructed in New Al Alamein City following the presidency’s approval to build four to five academic departments out of a total of ten through a number of partnerships

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