The Fastest Growing Economy in the MENA Region was Halted Earlier This Year in the Midst of Revolution and Political Change

By Iqpc Middle East, PRNE
Tuesday, March 29, 2011

DUBAI, UAE, March 30, 2011 - Before Egypt's historic protests took place in January, Egypt was rapidly
becoming a budding economy, witnessing unparalleled population growth,
resulting in an equally unparalleled construction growth in order to meet the
population's demand.

Now after two months of instability, Egypt is again witnessing a dramatic
growth on the stock market with Orascom Construction Industries stocks rising
by 8.2% indicating that investors are again banking on the cheap and secure
market centred around the North African nation returning to some sense of

Now is the time for Egypt to resume its position as a rapidly developing
nation. With talks of a new sustainable Egypt, in order to rebuild and build
afresh there couldn't be a more pivotal time for industry players to consider
optimising sustainable construction practices.

The Egyptian Green Building Council (EGBC) developed its Green Pyramid
Rating System last year which recognises the unique ecological, industrial
and social challenges of the region and integrates proven methodologies which
encourage green building practices. The EGBC's Founding Member, Ayman
Mossallem and Co-Ordinator of Technical Secretariat, Manal El Batran will be
joining members of other regional green building councils on 11 - 12 April
at Cost-Effective Sustainable Design and Construction Egypt to discuss
the future of green building practices as Egypt continues to flourish. This
could be a fundamental opportunity for Egypt's construction industry to focus
on building appropriately harnessing their budding nation's growth and
implement the Egyptian Green Building Council's guidelines.

In order to design and construct new developments sustainably, there are
many factors in the construction process that need to be considered. These
factors include exploring regional case studies and best-practice sustainable
methods, promoting the benefits of cost-effective sustainable design and
construction, identifying appropriate materials and technologies for
sustainable development and enforcing and measuring sustainable development
for communities.

All of these objectives will be addressed by industry leaders at IQPC's
Cost-Effective Sustainable Design and Construction Egypt, which will be held
at the Radisson BLU Hotel in Cairo from 11-12 April 2011. Further details can
be obtained at

About IQPC: IQPC provides business executives around the world with
tailored practical conferences, large scale events, topical seminars and
in-house training programmes, keeping them up-to-date with industry trends,
technological developments and the regulatory landscape. IQPC produces more
than 1,700 events annually around the world, and continues to grow. Founded
in 1973, IQPC now has offices in major cities across six continents
including: Bengaluru, Berlin, Dubai, London, New York, Sao Paulo, Singapore,
Sydney, and Toronto. IQPC leverages a global research base of best practices
to produce an unrivalled portfolio of conferences.

    For more information, please contact
    Eileen Grace Espelita
    Marketing Manager
    IQPC Middle East

For more information, please contact: Eileen Grace Espelita, Marketing Manager, IQPC Middle East, +971-4-364-2975, enquiry at

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