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Egypt’s Economy to Expand Amid Ongoing Reforms – World Bank

Egypt’s economy is expected to expand as a result of the ongoing reforms and improved business climate provide further growth in industrial activity

Emaar Misr Unveils Marassi Marina Project in Egypt

Emaar Misr for Development (EMD) has signed two construction contracts worth EGP 2 bn for phase one of a luxury yacht marina with Arab Construction Company (ACC) and Egypt’s Orascom Construction Industries

Real Estate Developer ARCO Obtains AAIB Loan

Egypt's real estate developer Al Arabia for Real Estate Development (ARCO) has succeeded in obtaining a new loan

Egypt’s Parliament Preliminarily Approves Bankruptcy Law

The Egyptian parliament gave a preliminary approval on Tuesday to a law governing debt restructuring, preventive composition, and bankruptcy

TMG Holding Posts Higher Sales at End-December

Egypt's real estate developer Talaat Moustafa Group Holding (TMG) recorded a 100% year-on-year rise in its sales at the end of December 2017

Saudi ACWA Power Signs USD 190 mn Deal to Develop 3 Solar Plants in Aswan

Saudi developer ACWA Power has reached financial close with the Egyptian government for the development, construction, and operation of three photovoltaic projects worth USD 190 mn and set for peak total output of 165.5 megawatts peak at the Benban complex in Upper Egypt's Aswan

Sisi Inaugurates 3 Projects in 10th of Ramadan

Egyptian President Abdel-Fatah El-Sisi has inaugurated three major projects in 10th of Ramadan City

Deadline Until End-January to Accept Re-Inquiry Requests on Social Housing Units: Minister

Egypt’s Housing Minister Mostafa Madbouly, says that the social housing finance fund is granting applicants until the end of January to request a re-inquiry if their unit’s booking had been declined

L&T Construction to Build High Voltage Substation in Ain Sokhna

India's construction company L&T Construction, the construction arm of Larsen & Toubro, has won a project in Egypt

Gov’t Constructs 5936 Units in Aswan

The Housing Ministry has completed a number of social housing units in Aswan and New Aswan

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