MG Developments to Implement HQ Project in New Cairo

MG Developments started the construction of its HQ project in the first sector on 90 Road in New Cairo's Fifth Settlement, east Cairo.

UAE’s Azizi Aliyah Residences in Final Construction Phase

UAE-based Azizi Developments, a subsidiary of Azizi Group, has announced that construction at its forthcoming AED 470 mn project in Dubai Healthcare City, Azizi Aliyah Residences, is almost done with concluding th ...

Oriental Weavers to Build New Industrial City in Ain Sokhna

Egypt-based Oriental Weavers Company has begun constructing a new industrial city in Ain Sokhna "Masnaay," to be developed and managed by its subsidiary Orientals for Industrial Development and would cater to both ...

NUCA Reveals Implementation of 35 Projects in Egypt’s New Cities

The New Urban Communities Authority (NUCA) reveals that its planning and projects sector is progressing around 35 construction, service, and investment projects on a total area of 5,700 acres in 12 new cities to l ...

Orascom Logs 13.9% Net Profit Increase in Q1-18

Egypt's Orascom Construction recorded an increase of 13.9% year-on-year (YoY) in its net income attributable to shareholders to amount to nearly USD 32 mn in Q1-18 versus USD 28 mn in the same-prior year

Egypt’s Cement Prices Drop in April to EGP 950 per ton

Cement prices in Egypt have dropped this month to EGP 950 per ton after it hiked to EGP 1,250 per ton in March

15 Kuwaiti Construction Companies to Declare Bankruptcy Soon

Fifteen construction companies in Kuwait are expected to declare bankruptcy soon due to lack of liquidity and hence inability to fulfill their financial commitments to complete suspended projects for over three ye ...

Egypt’s USD 1.1 bn Cement Plant to Operate Within Days

A USD 1.1 bn cement plant with six production lines in the Egyptian city of Beni Suef will start operations within days, Reuters quoted officials as saying on January 31

Highlights: Cityscape Egypt Business Breakfast

And it is back! Cityscape Egypt is set to take place from March 28- 31, featuring the biggest companies in real estate and construction. Here are the highlights of its Business Breakfast of last Thursday January 1 ...

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