Sadat City Sees EGP 4.4bn Investments

Sadat City has seen a total investment of EGP 4.4bn divided into EGP 1.234bn in the housing sector, EGP 333.3mn in the services sector, and EGP 2.838bn in the utilities sector

375 Decrees Against Construction Violations Imposed, Obour City

Obour City’s apparatus to enforce law against illegally built residential units, shops, and lands

Local Contractors to Execute Governmental District, Administrative Capital

As the Egyptian-Chinese agreement to build the governmental district at the Administrative Capital failed, Egyptian contracting companies set foot into the New Capital to implement the project

EFCBC to Discuss Construction Challenges in March

Egyptian Federation for Construction & Building Contractors (EFCBC) in collaboration with Excellent Agency is to hold the third “National Projects: Patriotic Vision to the Future” conference held on March 14

New Al Alamein City Developments in Progress

Construction tenders have been launched to build 1,500 social housing units in New Al Alamein City, alongside other in progress developments

EGX Increase Expected in 2017

The Egyptian Stock Exchange (EGX) targets 20,000 points level by the end of 2017 amid the current economic conditions, achieving 60% increase compared to its closing level by the end of 2016

Over 30 Ships Pass through Suez Canal

38 ships carrying total shipments/ cargo of 2.3 mn tons have passed through Suez Canal earlier this week

Ministry of Social Solidarity to Develop Homes for 10,000 Families

Setra,an urban developmental project to enhance the living conditions of 10,000 families in Cairo, will launch through cooperation between the Al Waleed Foundation and the Misr El Kheer Foundation

Emirati-Egyptian University to be Developed, New Al Alamein City

An Emirati-Egyptian university will be constructed in New Al Alamein City following the presidency’s approval to build four to five academic departments out of a total of ten through a number of partnerships

MOIC to Develop Several Projects, New Valley

The Ministry of International Cooperation (MOIC) will develop the New Valley governorate in the sectors of rural sanitation, animal farms, water treatment plants, all to be financed by the Saudi Fund for Development ...

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