Drake & Scull half year profit down 37.6%

Affected by operational delays on major projects in KSA, Drake & Scull International (DSI), has reported total revenues of AED 2.353 billion...

Construction

UAE, Egypt labour chiefs discuss cooperation between manpower markets

RELATED ARTICLES: Ministry of Labour announces midday break for UAE workers | GCC to deliver joint message at International Labour Conference | Egypt to aid Saudi contractors...

Infrastructure

Thales to help train Egyptian rail engineers

Egypt's Ministry of Transport and Thales have signed a Memorandum of Understanding (MoU) for the creation of an Egyptian Academy of Transport...

Construction

OCI NV to sell 50% stake in Besix

RELATED ARTICLES: Holcim buys out Lafarge to create world’s largest cement maker | Arabtec to undertake housing project worth $40bn in Egypt |...

Harsco Egypt gains ISO certifications

Harsco Infrastructure's Egypt wing recently announced the acquisition of multiple ISO certifications. “This is the full compliment of Integrated Management System (IMS)...

Construction

Egypt to float international tender for nuclear station

After freezing its nuclear programme following the Chernobyl disaster of 1986, Egypt will launch an international tender to build its first nuclear...

Construction

Al Futtaim Real Estate completes Phase I of Cairo Festival City project

[caption id="attachment_14463" align="aligncenter" width="383"] Al Futtaim Group Real Estate has completed Phase I of the Business Ville project at Cairo Festival City.[/caption]...

Construction

Bill Gates buys $1bn stake in Orascom

[caption id="attachment_13876" align="aligncenter" width="448"] Bill Gates and other US investors will invest $1bn in Orascom Construction Industries.[/caption] RELATED ARTICLES: MAF awards Orascom $400mn...

Construction

Alexandria building collapse kills 15

[caption id="attachment_13809" align="aligncenter" width="489"] Residents shift through the rubble to find survivors of the collapsed apartment block.[/caption] RELATED ARTICLES: Emaar Fire Safety...

Construction

Egypt says land dispute with DAMAC resolved

[caption id="attachment_11964" align="aligncenter" width="256"] The land contract row between Egypt's government and Damac has been resolved, the Egyptian Investment Minister said.[/caption] RELATED...