Construction

Displaying 1081 - 1086 of 1689

After a sharp decline in real estate activity in 2011, the market has crawled back and many companies should see full-year figures for 2014 return to pre-revolution levels. Players in the market predicated their expectations for the year on continued stability. They were not disappointed, and higher sales volumes and values have been reported throughout 2014 as Egyptians...

Where are the greatest opportunities for engineering, procurement and construction contractors?

As an exercise in getting a large-scale infrastructure project – and a massive industrial development – off the ground, it is probably unparalleled. An appeal to the Egyptian people to fund the widening and deepening of the Suez Canal was met with such enthusiasm that it took just eight working days to raise LE64bn ($9.1bn) – around LE4bn ($568m) more than was being sought....

In light of recent political and macroeconomic instability, housing has once again risen to the top of the policy agenda in many countries of North Africa and the Levant. Although the dynamics of local real estate markets and regulatory environments vary widely between Morocco in the west and Jordan in the east, persistent housing deficits, an affordability gap and under-...

The contention that nothing is certain except for death and taxes has been given further credence as property taxes have finally become an established part of Egyptian life. A law to impose these levies was first introduced six years ago, but was never enforced in the face of strong opposition from property owners, and demands that the threshold and criteria be changed.

Thanks to privatisation and a growing population, the construction industry in Egypt flourished in the years up to 2010 and many of the cement producers doubled their capacity in order to supply the demand. This changed drastically, however, after the January 25 revolution in 2011 partly, but not wholly, because of the revolution itself. Certainly there was a squeeze on...

Covid-19 Economic Impact Assessments

Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.

Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.

Register Here×

Product successfully added to shopping cart