Egypt’s unemployment falls to 5.8% in Q2 – planning minister
Egypt's unemployment rate fell to 5.8 per cent in the second quarter of 2026 from around 6 per cent in the previous…
Browsing Tag
construction sector
Egypt sees 20% jump in new construction firms, $35.8b FDI: GAFI
The number of newly established construction companies in Egypt rose 20 per cent in 2024 to 2,856 from 2,375 a year…
Germany’s industrial production falls to lowest since May 2020
Germany’s industrial production dropped 1.9 per cent in June 2025 from the previous month, hitting its lowest level…
EU economic sentiment improves in July ’25
Economic sentiment in Europe improved in July, with the Economic Sentiment Indicator (ESI) rising by 1.0 points to…
Germany’s economy shrinks slightly, investment falls
Germany’s economy contracted by 0.1 per cent in the second quarter of 2025 compared to the previous quarter,…
China’s non-manufacturing PMI up in June ’25
China’s non-manufacturing Purchasing Managers’ Index (PMI) rose to 50.5 in June 2025, up 0.2 percentage points from…
Senegal’s debt jumps amid rising fiscal pressures
Senegal’s public debt surged by the end of March 2025, reflecting mounting fiscal strain as the government…
Egypt’s GAFI hosts Saudi delegation to boost construction ties
Egypt’s General Authority for Investment and Free Zones (GAFI) hosted a Saudi government delegation to discuss…
Egypt, S. Arabia discuss expanding construction cooperation
Egypt’s Minister of Housing Sherif El-Sherbiny met with a high-level Saudi delegation to discuss strengthening…
UK economy grows in Q1 ’25, led by services, production
UK economy expanded by 0.7 per cent in the first quarter of 2025, marking a sharp acceleration from the 0.1 per…
German business morale stagnates in Feb. ’25
German business morale remained subdued in February as the ifo Business Climate Index held steady at 85.2,…
UK business optimism falters amid higher taxes
UK business sentiment sharply declined in Q4 2024, staying just positive, with higher business taxes in the Autumn…
Germany’s economy shrinks in ’24
Germany’s economy contracted in 2024 compared to the previous year with the gross domestic product (GDP) dropping…
S. Arabia’s real GDP up by 2.8% YoY in Q3 ’24
Saudi Arabia's real GDP increased by 2.8 per cent year-on-year (YoY) and 0.9 per cent quarter-on-quarter (QoQ) in…
S&P Global: UK construction expands in Nov. ’24
The UK construction sector showed robust growth in November, with the S&P Global Construction PMI rising to…
Singapore’s manufacturing sector rebounds in Q3
Singapore's manufacturing sector staged a strong rebound in the third quarter of 2024, expanding by 7.5 per cent…
Euro area construction production stable in July 2024
Production in the euro area construction sector remained stable in July 2024 compared to June, while increasing…
UK construction sector maintains growth in August ’24
The UK construction sector continued its recovery in August 2024, with the S&P Global UK Construction PMI…
S&P PMI: Germany’s construction sector extends decline in August ’24
Germany's construction sector continued its steep decline in August 2024, with the HCOB Germany Construction PMI…
Eurozone construction sector sharply down in August – PMI
The eurozone construction sector continued to show weakness in August 2024, according to the HCOB PMI survey, as it…
France’s construction sector downturn continues in August – PMI
France's construction sector continued to deteriorate at a rapid pace midway through the third quarter, a recent…
Cambodia’s construction investment falls 8% in H1
Cambodia's construction sector reported an 8 per cent decline in investment throughout the first half of 2024,…
Finland’s construction turnover drops 5.5% in July ’24
Finland's construction sector saw a 5.5 per cent decline in working day adjusted turnover in July 2024 compared to…
Turkey’s business sentiment down in August
Turkey's confidence index for the services sector decreased by 2.0 per cent to 111.8 in August 2024 compared to…
France’s construction sector hits new low in July – PMI
France’s construction sector plunged deeper into contraction in July, with the headline HCOB France Construction…
Eurozone construction activity falls to six-month low
The eurozone construction sector remained deeply in contraction in July, with activity falling sharply, according…
UK construction sector surges in July – PMI
The UK construction sector experienced accelerated growth in July, the S&P Global Construction PMI rose to 55.3…
Germany’s construction slowdown softens for 3rd month – PMI
Germany's construction sector remained deeply contracted in July, though the rate of decline eased for the third…
INTERVIEW: Big 5 Construct ’24 Egypt poised to capitalise on booming construction market
With Egypt's economy projected to reach nearly $600 billion by 2028, fueled by a surging construction sector, Big 5…
Italy’s consumer confidence index dips to 95.2 in April
Italy's consumer confidence declined from 96.5 to 95.2 in April 2024, according to the Italian National Institute…
Iraq to offer 50 housing projects in 2024
Iraq is set to offer up to 50 housing complexes in 2024 in a post-war plan to tackle housing supply shortages, an…
Egypt’s Redcon Construction bids for 8 projects in KSA
Egypt’s Redcon Construction is competing for eight projects in Saudi Arabia, said the company’s chairman Tarek…
Egypt’s Riyad Castle finishes 80% of Valore El-Thawra
Egypt's developer Riyad Castle Development finished 80 percent of construction work on Valore El-Thawra mixed-use…
Egypt’s Hyde Park Developments makes sales of $323mln in 8 months
Egypt's Hyde Park Developments, a leading real estate developer, announced on Wednesday it achieved sales of ten…
Egypt’s Misr Italia to launch new phase of IL BOSCO in October – CEO
Egypt's leading developer, Misr Italia Properties, announced the launch of a new phase of its project IL BOSCO City…
Egypt’s Areva Development constructs mixed-use project in New Cairo
Egypt's Areva Development started construction works of its 2.4 billion Egyptian pounds ($78 million) mixed-use…
Egypt’s Hassan Allam Holding expands in UAE
Egypt's construction company Hassan Allam Holding announced its expansion in the UAE, the company said in an…
Egypt’s Misr Italia gets ministerial decree for Solaré Project in Ras El Hikma
Egypt's Misr Italia Properties said it secured a ministerial decree for its Solaré Ras El Hikma project, located on…
Chinese CSCEC to expand business across Egypt
China State Construction Engineering Corporation (CSCEC) is expanding its business and urban development across…
Egypt’s Innovation Design Studio wins contracts for 11 projects
Egypt’s Innovation Design Studio won contracts for 11 projects across Egypt on Tuesday and is currently preparing…