Leeds Eco Inks MoU with Kfoury Engineering and Contracting

Leeds Eco, Sky Investment subsidiary, announces the signing of a memorandum of understanding (MoU) with Kfoury Engineering and Contracting to provide its wide portfolio of clients with cutting edge technologies in ...

Egypt’s Construction Sector to Become the Top in the Region by 2029, Fitch

Fitch Solutions’ BMI Research expected Egypt’s construction sector to grow by 9% on an annual basis within 2020 and 2024, in spite of the slowdown due to the current pandemic in the short term, Invest-Gate reports ...

FEDCOC Respond to The Latest Construction Halt Decree

Mamdouh Badr El-Din, Federation of Egyptian Chambers of Commerce Real Estate Investment Chamber head, declared that the recent six-month- construction permits ban will negatively affect on the sector and customer ...

Egypt One of Brightest Spots: GlobalData

Egypt is deemed one of the region's "brightest spots," where construction is expected to expand by an annual average of 11.3% between 2019 and 2023.

Gov’t, Private Developers Annually Pump EGP 200 bn in Housing Industry

Egyptian housing ministry and private sector pump total annual investments of nearly EGP 200 bn in the construction and real estate investment sector, which significantly contribute to the growth of the local econ ...

The Big 5 Construct Egypt Returns Early September

The Big 5 Construct Egypt, the Cairo-based edition of The Big 5, is back for a second round pfrom September 2 to 4, during which experts, decision-makers, and exhibitors from the global construction sector will ga ...

Orascom Construction Seals USD 475 mn Deals in Q1 2019

Egypt-based Orascom Construction has announced adding new contracts worth USD 475 mn to its backlog during the first quarter of 2019, driving the company’s consolidated backlog to hit nearly USD 4.2 bn as of March ...

Gov’t to Provide Export Incentives for Construction Sector: Official

Khaled Abbas, deputy minister of housing for national projects, said that the housing ministry is currently seeking to provide export incentives to support the construction sector.

Hassan Allam Awarded New Project in NAC

Egypt-based Hassan Allam Construction (HAC) has announced a new project award for the development of the Commercial International Bank’s (CIB) new headquarters project in the New Administrative Capital (NAC).

Orascom Construction’s Adjusted Net Income Rise 208.5% in Q3 2018

Egypt-based Orascom Construction maintained its positive position in the third quarter of 2018, posting a 208.5% surge in its adjusted net income of USD 69.1 mn versus USD 22.4 mn in the year-ago period, excluding ...

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