Construction
Egyptian Tax Authority issues comprehensive tax guide for contracting sector
Rasha Abdel Aal, Chairperson of the Egyptian Tax Authority, announced the release of a comprehensive explanatory guide on the tax treatment of contracting and construction services under Law No. 157 of 2025. The guide aims to boost tax awareness in the contracting sector—a key pillar of Egypt's economy—by simplifying tax concepts and procedures. It is available for viewing and download on the ETA's official website.
White House East Wing demolition sparks ethics concerns
An excavator has begun demolishing the facade of the White House's East Wing, marking the start of a $250 million ballroom project championed by President Trump. The move has surprised observers and drawn criticism from historic preservation groups over its impacts. Watchdogs highlight potential ethical issues tied to funding from corporations with government business.
Public works launches action plan to end construction failures
South Africa's Department of Public Works and Infrastructure has unveiled the South African Construction Action Plan to address chronic issues in public construction projects. Minister Dean Macpherson announced the initiative in Cape Town, aiming to restore accountability and halt the cycle of incomplete schools, hospitals, and escalating costs. The plan targets mismanagement, disappearing contractors, and criminal interference in the sector.
Conconcreto inaugurates curved bridge on avenida 68 trunk line
Conconcreto and the IDU inaugurated the Curved Bridge of Group five on the Avenida 68 trunk line in Bogotá. The structure enables dual TransMilenio buses to connect the Avenida de Las Américas with the Gold Museum. The initiative highlights sustainability and local job creation.