OCI-VINCI-Arab Contractors alliance to complete $300mn barrage in Egypt
A joint venture comprising of French VINCI, Egyptian Arab Contractors and Orascom Construction Industries will…
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construction
Misr Italia Holding signs construction deals of $28 mn to complete projects
Egypt-based property developer Misr Italia Holding has signed construction deals of 250 million Egyptian pounds…
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…
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…