Egypt to Partner with Saudi Arabia for Housing Projects

Thursday, 22nd December 2016

Egypt and Saudi Arabia are joining forces to develop the Saudi housing sector, reported Okaz News.

Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly confirms The Egyptian collaboration with the Saudi Housing Ministry to develop housing projects in Saudi Arabia with four real estate companies. He added that the number of companies participating in partnership projects with Saudi may increase, stated Amwal El Ghad

Both parties highlighted the importance of housing in both countries during the Council of Arab Ministers of Housing and Construction, held earlier this month.

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