Elsewedy Electric Among Forbes’ 100 Top Mideast Companies in 2020

Egypt-based Elsewedy Electric has been recognized among the top 100 companies in the Middle East by Forbes, due to its sector-based contribution to significantly boost local economic growth.

Egypt’s Construction Sector to Become the Top in the Region by 2029, Fitch

Fitch Solutions’ BMI Research expected Egypt’s construction sector to grow by 9% on an annual basis within 2020 and 2024, in spite of the slowdown due to the current pandemic in the short term, Invest-Gate reports ...

Egypt One of Brightest Spots: GlobalData

Egypt is deemed one of the region's "brightest spots," where construction is expected to expand by an annual average of 11.3% between 2019 and 2023.

Egypt Holds 4th Largest Pipeline of Branded Residences: Savills

Egypt and the UAE hold the largest volume of under-development branded homes, accounting for around 21%, with the former country currently having two branded residence schemes and 14 projects in the pipeline.

Hassan Allam Holding Wins ‘Infrastructure Project of the Year’ Award

Hassan Allam Holding's (HAH) Al-Mahsama Irrigation Drain Water Treatment Plant in Sinai was named the "Infrastructure Project of the Year" at Dubai's 2019 Construction Innovation Awards, which recognizes the achie ...

Egypt, Japanese Bank Partner to Boost Bilateral Investments

Egypt's General Authority for Investment and Free Zones (GAFI) signed on August 28 a memorandum of understanding (MoU) with MUFG Bank, Japan's largest bank, aiming to set an action plan to boost bilateral investme ...

Mubadala, Nirvana Partner to Brace Abu Dhabi’s Medical Tourism

Mubadala Investment Company's healthcare arm, Mubadala Healthcare, inked a memorandum of understanding (MoU) with Nirvana Travel and Tourism to team up on projects that brace Abu Dhabi Vision 2030 by setting the e ...

Market Cap of Listed Real Estate Firms Hits EGP 80.2 bn: Official

Chairman of Egyptian Stock Exchange (EGX) Mohamed Farid said Egypt’s property sector has managed to log a market capitalization of at least EGP 80.2 bn in 2018, with 36 real estate firms listed at an 18% return on ...

Builders of Egypt 2019 Braces Developing Exports for More Investments

Prime Minister Mostafa Madbouly inaugurated on June 16 the fifth edition of Builders of Egypt forum, under the rubric "Exporting Egypt’s Real Estate and Contracting Services: A New Future of Investments," with mor ...

Hassan Allam Holding Buys Majority Stake in Bioworks

Egypt's Hassan Allam Holding (HAH) has acquired a majority stake in German Bioworks AG, a global player in water and wastewater technology, representing a major extension to the former’s offerings and a pivotal ex ...

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