Tag: Construction

Construction companies face significant losses due to delayed compensation: Egyptian Federation for Construction

Construction companies have been waiting for the payment of compensation for more…

Shaimaa Al-Aees Shaimaa Al-Aees

Fuel prices increase construction costs by 15%

Recent economic reform decisions raised administrative expenses and profits of contracting companies…

Shaimaa Al-Aees Shaimaa Al-Aees

From flotation to energy price hikes: how construction materials companies are affected

The Egyptian state is seeking to reduce fiscal expenditures through fuel subsidy…

Reem Hosam El-din Reem Hosam El-din

Dar Misr auctions increased prices of commercial units in new cities

Brokers increased the value per square metre to record levels, provided resale…

Ahmed Samir Ahmed Samir

Hyde Park to offer new tenders to speed up construction process

The company says it has received all the necessary licences for its…

Hamada Ismail Hamada Ismail

CGP to sign construction contracts worth EGP 1bn in first 4 months of 2017

Companies must search for new patterns of development to keep pace with…

Hamada Ismail Hamada Ismail

Pound flotation was mandatory, sector faces difficulty in marketing new units: real estate investors

The flotation of the Egyptian pound has increased the cost of construction

Daily News Egypt Daily News Egypt

Business volume for construction companies affiliated to HCC declines after pound’s flotation

Roland Construction demands 50% price difference from the value of remaining works 

Ahmed Samir Ahmed Samir

Exports of building, construction materials doubled to EGP 41bn in 2016

Egypt’s exports of construction materials has doubled in 2016 to record EGP41.93bn…

Hisham Salah Hisham Salah

Ministry of Housing poses construction of hypermarket to commercial chains to put up for rent and usufruct

The Ministry of Housing has offered the construction of a number of…

Mohamed Darwish Mohamed Darwish