Gov’t Constructs 5936 Units in Aswan

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

Gov’t to Build 15 Towers in New El Alamein City

The Egyptian government will start developing new construction projects in the New El Alamein City, located on the western side of the North Coast

Nakheel to Award Construction Deal for Dragon Towers By Year-End

Dubai-based developer Nakheel expects to award a contract for the construction of a twin-building residential complex at Dragon City community in Dubai by the end of 2017, Invest-Gate reports.

Nakheel Awards AED 430 mn Deals for Deira Islands

UAE's developer Nakheel awarded four contracts for a 15.3-square-kilometer waterfront city under construction in Dubai, Invest-Gate reports.

Four Mega Retail Projects to Bring More Cheer to Dubai Shoppers

At least four mega developments that are currently under construction in the UAE are scheduled for completion, and they are expected to deliver more than 3,000 shops between 2017 and 2020 alone, Reuters reports.

Saudi Contractors Authority Plans to Organize Construction Sector 

The Saudi Contractors Authority prepares to launch a project aimed at organizing the construction sector's companies and activities, Al Eqtisadiah newspaper reports.

Dubai Investments to Issue Tender for AED 1 bn Skyscraper

Dubai Investments is to tender construction for an AED 1 bn (USD 272.48 mn) tower this year, Invest-Gate reports.

SECON Profits Grow 40% in 2016

Cairo-based construction firm Saudi Egyptian Construction Company (SECON) posts a 40% year-on-year rise in its profits in the fiscal year ending on December 31, 2016, Invest-Gate reports.  

Saudi Construction Market Set to Grow to USD 98.8 bn by 2025

Multinational research firm BMI Research expects the Saudi construction market to reach a record growth of SR 362 bn in 2025, from SR 170 bn in 2016, Invest-Gate reports.

Steel Rebar Prices Up in Egypt on Import Tariffs

 Steel rebars used in construction increase by approximately 17% in Egypt after temporary import tariffs on rebars from China, Turkey and Ukraine came into effect last week, Reuters reports.  

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