construction
Cement price surge puts a damper on construction materials sector
Business
March 26, 2013
Cement price surge puts a damper on construction materials sector
As inflation and energy shortages strike Egypt’s economy, construction materials producers are feeling the crunch. The cement industry, in particular,…
Construction sector shrinks as material prices soar
Business
March 4, 2013
Construction sector shrinks as material prices soar
The number of registered contracting and building companies has fallen from 41.000 to 14,000, according to Mohamed Abul Enein,…
The real estate pirates behind Alexandria’s collapsing tenements
Egypt
July 28, 2012
The real estate pirates behind Alexandria’s collapsing tenements
That just three people — a mother and her daughters — died when a building collapsed in Alexandria on Monday places the incident amongst…
Somalia’s capital enjoys building boom
World
May 6, 2012
Somalia’s capital enjoys building boom
Somalia's last president before the country erupted into decades of war made an ominous warning: Force him from power, and…
Govt report: Growth of GDP, construction sector revitalize economy
Business
April 8, 2012
Govt report: Growth of GDP, construction sector revitalize economy
The Egyptian economy partially recovered in the second quarter of the fiscal year 2011/2012, from October to December, according to…
Orascom Construction Q4 net falls more than expected
Business
March 27, 2012
Orascom Construction Q4 net falls more than expected
Egyptian group Orascom Construction reported a 34 percent drop in quarterly net income, missing expectations after being hit by debt…
Egyptian Resorts posts narrower full-year loss
Business
March 18, 2012
Egyptian Resorts posts narrower full-year loss
Real estate company Egyptian Resorts posted a narrower full-year loss, helped by new revenue from its Sawari project on the…
Optimism pervades Cityscape real estate convention
Art news
February 21, 2012
Optimism pervades Cityscape real estate convention
Real estate developers participating in Cityscape Egypt 2012 used longer payment plans, smaller affordable houses and additional promotional material to…
Steel and cement prices rise in January
Business
February 15, 2012
Steel and cement prices rise in January
The prices of steel and Portland cement rose in January by around 2 percent and 11 percent, respectively, compared to…
US expert: Leadership of ‘Military Inc.’ is running Egypt
Business
October 26, 2011
US expert: Leadership of ‘Military Inc.’ is running Egypt
The Egyptian military’s economic interests have long been considered too taboo to discuss in the mainstream media, so little is…