Error message

  • Warning: mysqli_connect(): php_network_getaddresses: getaddrinfo failed: Name or service not known in include() (line 276 of /var/www/www.monocodebase.com/htdocs/sites/default/settings/www.constructionweekonline.com.settings.php).
  • Warning: mysqli_connect(): (HY000/2002): php_network_getaddresses: getaddrinfo failed: Name or service not known in include() (line 276 of /var/www/www.monocodebase.com/htdocs/sites/default/settings/www.constructionweekonline.com.settings.php).
  • Warning: mysqli_close() expects parameter 1 to be mysqli, boolean given in include() (line 300 of /var/www/www.monocodebase.com/htdocs/sites/default/settings/www.constructionweekonline.com.settings.php).

Egyptian market will rebound, says Al-Futtaim

MEP contractor says Egypt remains lucrative target for Middle East

Egypt will rebound, says Dawood Bin Ozair.
Egypt will rebound, says Dawood Bin Ozair.

Egypt remains a major focus for Middle East contractors in their bid to diversify and boost revenue outside their traditional home markets.

“Egypt is a big market, it is a growing market, and any number of real-estate developments get absorbed and sold out very fast. I think once the situation has settled down, the market will come up again,” said Al-Futtaim Engineering MD Dawood Bin Ozair.

The company is presently involved with MEP works and elevator supply at Cairo Festival City. “The current situation is that it is too soon to understand the implications of what is happening.

“We have closed the site and the office for one or two days, and we are monitoring the situation,” said Ozair.

Read the interview with Dawood Bin Ozair in this week’s edition of Construction Week.
 

Most popular

Awards

CW Oman Awards 2020: Meet the winners
A round of the thirteen winning names at the Construction Week Oman Awards 2020 that

Conferences

Leaders UAE 2020: Building a sustainable, 'resilient' infra
AESG’s Phillipa Grant, Burohappold’s Farah Naz, and Samana's Imran Farooq on a sustainable built environment
CW In Focus | Inside the Leaders in KSA Awards 2019 in Riyadh
Meet the winners in all 10 categories and learn more about Vision 2030 in this

Latest Issue

Construction Week - Issue 767
Sep 01, 2020