No progress on Egypt homes project: ArabtecUnited Arab Emirates-based builder Arabtec on Wednesday denied a media report that it would only develop the first phase of a project in Egypt to build one million homes. The company announced more than a year ago that it had agre More… |
Arabtec denies retreat from Egypt projectDubai-listed builder Arabtec issued a statement on Thursday denying a media report that it was withdrawing from a planned project to build one million homes in Egypt. "The company...reaffirms that it's still discussing so More… |
Egypt ‘needs cheaper land to tackle housing crunch’Sodic, one of Egypt's largest listed real estate developers, says the state must find new ways to allocate land at lower prices if it wants the private sector to help meet the massive demand for housing. Government property sc More… |
Arabtec profit on Egypt project 'won't top 7.5pc’Dubai-listed construction firm Arabtec will have a profit margin not exceeding 7.5 per cent for its project to build homes in Egypt, a company spokesman said on Saturday. He also told Reuters that within six months of work on the More… |