Saudi builder Binladin terminates 50,000 jobs
Construction company Saudi Binladin Group has laid off 50,000 staff, a newspaper reported on Friday, as pressure…
Browsing Tag
construction
Sawiris’ Orascom Construction incurs $334 m net loss in 2015
Orascom Construction Limited, owned by Egyptian tycoon Nassef Sawiris, reported $ 334.4 million loss according to…
Egypt’s Redcon in talks over establishing a $101mn new mall
Egypt-based Redcon Construction Company is negotiating with one of the real estate investments companies to develop…
UAE Al-Futtaim to resume $281mn-phase II of Cairo Festival City project
United Arab Emirates real estate leader Al-Futtaim Construction will invest 2.5 billion Egyptian pounds ($281.6…
Construction giant Dewalt unveils a heavy-duty smartphone
Construction giant Dewalt has entered the smartphone market with a tough Android-powered handset designed for…
France eyes partaking in Egypt’s new capital city project
A delegation of French businessmen and representatives of companies operating in construction, financial…
Egypt-Saudi SECON launches new project worth $337.8mn in New Cairo
The Saudi-Egyptian Construction Company (SECON) has announced that the foundation for Riyadh SECON” has been laid…
Egypt’s capital city phase I infrastructure works start next Saturday
Egypt’s Ministry of Housing assigned four local construction companies to carry out the infra-structure of the new…
Arab Contractors to set up a port in Nigeria worth $280mn
Egyptian state-run construction firm Arab Contractors (AC) is commissioned to carry out a port worth 2.2 billion…
Arab Contractors to set Egypt’s nuclear power in motion mid-2016
Egypt's leading construction firm, Arab Contractors is to start concrete construction works on the country’s…
