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Egyptian Federation for Construction

Egyptian Federation for Construction latest

Real estate prices will rise after at least 20%, as a result of the increase in fuel and electricity prices. (Shutterstock)
July 22nd, 2018 - 08:43 GMT

Expert Predicts up to 30 Percent Increase in Egypt's Real Estate

Member of the board of directors of the Egyptian Federation for Construction and Building Contractors (EFCBC), Daker Abdellah, predicted that the real estate market will witness an increase of 25-30% in prices, following the government’s decision to increase fuel prices.
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The number of registered contractors in the EFCBC has plunged to an unprecedented 9,400, compared to 41,000 that were previously registered
June 23rd, 2013 - 05:00 GMT

High prices cripple the Egyptian construction sector

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