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How the pandemic has (temporarily) cooled growth forecasts for Egypt’s construction industry
How the pandemic has (temporarily) cooled off growth forecasts for Egypt’s construction industry: While the covid-19 pandemic has had minimal…
Heliopolis Housing amends mission statement to carry out new development plan
PRIVATIZATION WATCH- State-owned Heliopolis for Housing and Development (HHD) submitted a request to the EGX to amend its mission statement…
Hill International and HJI Group to manage NAC Monorail project
The National Authority for Tunnelsawarded (pdf) a consortium of Hill International andHJI Group Corporation the consultancy services contract for the…
Profits at top 5 real estate firms fall 31% in 2Q2020
Egypt’s five largest listed real estate companies reported a combined drop in profits of around 31% in 2Q2020 as a…
Porto, Amer Group determine their shares of USD 51.68 mn compensation payment from Syria’s Antaradous
Syrian tourism company Antaradous will pay out USD 36.6 mn in compensation to Porto Group and USD 15.1 mn to…
NUCA extends payment deadline on land in fourth generation, Upper Egypt cities by six months
The New Urban Communities Authority (NUCA) has granted a six-month grace period for companies to pay for land plots in…
Hassan Allam, Orascom Construction to build five towers in New Alamein
Orascom Construction and Hassan Allam have won contracts from the New Urban Communities Authority (NUCA) to build five towers in…
Egypt’s real estate market witnessing robust demand -Fitch
Fitch Solutions sees robust demand in real estate sector fuelled by new developments, office space: Egypt’s introduction of 20 new…
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