News / Egypt
Saudi Egyptian SECON Launches New Project in Egypt
The Saudi Egyptian Construction Company (SECON) launched its newest project in Egypt, Riyadh-SECON, reported Daily News Egypt.
Egyptian, Saudi Investors Voice Concerns over Obstacles
A number of major real estate investors operating in Egypt have voiced concerns over obstacles affecting the growth of the industry, and hence their businesses. The most prominent of these obstacles include an increase in the price of land, lack of vision, and absence of trained labor, reported Daily News Egypt.
69% of Real Estate Professionals Confident in Market Growth
An estimated 50 percent of investors and 69 percent of real estate professionals expressed confidence in Egypt’s real estate market and expected growth over the upcoming year, according to a market analysis by YouGov, an internet-based market research firm, reported Daily News Egypt.
5m Smart Water Meters Deal for Cairo’s New Administrative Capital
Minister of Housing, Utilities, and Urban Communities, Moustafa Madbouly, signed a cooperation protocol with a Chinese company that has secured the supply of 5 million smart water meters for Cairo’s new administrative capital, as well as assistance in laying out the control systems of the capital, Invest Gate reported.
