Egypt is beginning the task of boosting GDP growth and creating job opportunities for its rapidly expanding population. Construction has traditionally been one of the most labour-intensive sectors in the country. However, a December 2015 study by the Egyptian Centre for Economic Studies (ECES) found that while the industry is an important...
As cranes tower over the skies of an ever-expanding Cairo and billboards advertising new housing developments, universities and malls proliferate throughout the city, it is clear that after several years of uncertainty Egypt is in the midst of a construction boom. Large government priority projects, such as the New Administrative Capital, the expansion of the Cairo metro and water treatment...
While Egypt continues to face considerable economic challenges as it confronts the legacy of its recent political history, at the outset of 2017 the nation’s economic planners have reason for optimism.
At the end of 2016 the government reaffirmed its commitment to Bahrain’s $32bn infrastructure pipeline as a key driver of economic growth.
With leasehold ownership regulations for foreign nationals in place and property more competitively priced than in Dubai, Sharjah is set to succeed in attracting significant international investors to its real estate sector. Until the recent global financial crisis, Sharjah’s rules prevented anyone who was not an UAE national from owning real...
As the third-largest of the seven emirates that make up the UAE, Sharjah has a large population and a strategic location for regional connectivity, as well as significant real estate activity, all of which contribute towards an expanding construction sector. The emirate has several major real estate developments under construction, many of...
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