New Building Regulations Are Issued
A new ministerial decision no. 218 of 2020 is issued to stop the construction of the buildings in the main capitals across Egypt for six months, Invest-Gate reports.
Lafarge Egypt Signs Partners with LMS Construction
Lafarge Egypt, a subsidiary of LafargeHolcim Group, signs an agreement with LMS Construction, for the first time in Egypt, Invest-Gate reports.
Elsewedy Electric to Build EGP 355.5 mn Substation in Sadat City
Elsewedy Electric's unit Elsewedy Electric for Trading and Distribution has announced an EGP 355.5 mn engineering, procurement, and construction (EPC) contract to establish a new substation in Sadat City, northwes ...
Mabany Edris’ New Assuit Project Raises High Sales Amid Crisis
Egyptian property developer Mabany Edris has generated a whopping sales volume from its first flagship project in Upper Egypt's New Assuit, despite being rolled out in parallel with the emergence of the novel Coro ...
GCC Records USD 5.5 bn New Projects in April
GCC has witnessed the release of USD 5.5 bn worth of new projects in April, primarily driven by Saudi Arabia which contributed to 67% of the total value of additions.
Misr Italia Properties Obtains EGP 650 mn Loan
Misr Italia Properties has inked a middle-term loan worth EGP 650 mn, coming as part of a bank consortium led by the National Bank of Egypt (NBE).
Three Bahrain Expos Postponed to October
Bahrain suspended three of its big annual events, namely the Gulf Property Show, Gulf Construction, and Interiors Expo, which were scheduled to be held in April
Pinnacle, TBH Sign JV for Latest Project Management Techniques
Egypt-based Pinnacle Real Estate Investments and the Australian project management company TBH have signed a joint venture (JV) for the deployment of cutting edge project management techniques on February 29 at th ...
Orascom Construction Wins USD 770 mn New Awards in Q4
Orascom Construction has won approximately USD 770 mn (EGP 48.65 mn) of new awards added to its backlog in Q4 2019
Hassan Allam Gets USD 20 mn EBRD Loan for New Investments
Hassan Allam Holding (HAH) has signed an agreement with the European Bank for Reconstruction and Development (EBRD) for a USD 20 mn loan to support the construction and utility sectors in Egypt.
