Al Fanar Agrees on EGP 5.5 mn Finishing Works in New Alamein

Al Fanar Contracting, Construction, Trade, Import, and Export Company has contracted with the consortium of the Consolidated Contractors Group (CCC) and HA Construction Company (HAC) for the execution of some fini ...

Tatweer Misr Completes 70-80% of Building Works While Committing to Workers Safety

Tatweer Misr has completed 70-80% of construction works at projects' sites, continuing to work under new safety guidelines and precautionary measures to guard against Coronavirus, reveals its President and CEO Ahm ...

CBE Expands EGP 100 bn Initiative to Contractors

The Central Bank of Egypt (CBE) has decided to broaden the base of beneficiaries of its EGP 100 bn industry stimulus initiative to include the contracting sector.

El Gazzar Inaugurates The Big 5 Construct Egypt 2019

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has officially inaugurated on September 2 the second edition of The Big 5 Construct Egypt at Egypt International Exhibition Center (EIEC).

Egyptian Construction Market Leads Africa in 2018: Deloitte

The latest edition of Deloitte's Africa Construction Trends report has indicated that Egypt leads Africa in the number and value of construction projects within a single country in 2018, scoring 9.5% of the total ...

Hyde Park Signs New Agreement with 5 Contractors for New Cairo Project

Egyptian real estate developer Hyde Park Properties for Development (HPD) signs an agreement worth more than EGP 1.5 bn (USD 84.4 mn) with five local construction firms for its new project in New Cairo, Invest-Gate r ...

Parliament to Discuss Final Law for Compensating Contractors End-May

The law for compensating contractors is expected to be effective before the end of June, Invest-Gate reports.

Saudi Aramco Launches Center To Facilitate Registration for Contractors, Suppliers

Saudi Arabia’s national petroleum and natural gas company Saudi Aramco launched on March 20 a center for contractors and suppliers to facilitate the registration process and help contractors reach the company, Invest ...

Fayoum Pays Eight Contractors for Infrastructure Projects

The Fayoum governorate paid EGP 72.5 million as late costs to eight contractors for executing infrastructure projects within the governorate expected to launch next March.

Cabinet Approves Deadline Extension for Real Estate Projects

Following numerous requests from contractors to postpone projects delivery dates, the Egyptian Cabinet has agreed to extend deadlines on real estate projects, according to Head of the Egyptian Federation for Construc ...

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