SECON to Invest EGP 2 Bn in Egypt in 2017

Saudi Egyptian Construction Company (SECON) is to pump investments worth EGP 2 bn worth of projects in Egypt during full-year 2017 in an effort to promote the company’s strategy to achieve revenues, according to Chai ...

Saudi Monetary Authority raises mortgage up to 85%

Saudi Arabian Monetary Authority (SAMA) has raised the loan limit for mortgages from 70 to 85% for first-time Saudi buyers, according to a statement

Saudi Arabia to Develop New Industrial City

Saudi Arabia is to develop a new smart industrial city in Asfan, north of Jeddah, reported the Saudi Gazette.

Saudi Arabia to Invest in Madinah

As part of the government’s plan to improve infrastructure and other projects in the city of Madinah, Saudi Arabia is currently investing in 1,148 projects and expects to complete them all in 2017, reported the Saudi ...

Egypt to Partner with Saudi Arabia for Housing Projects

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

Saudi Arabia Takes its Rental Market Online

Saudi Arabia plans to set up a new national e-network system to regulate rent prices and broker activity as well as to create a new rental disputes center, reported the Saudi Gazette on Tuesday

Egypt Showcases Housing developments at an Arab Council, Riyadh

Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly accompanied by a delegation from ministry headed to Riyadh, Saudi Arabia, to discuss the housing development in Egypt at the 33rd Council of Arab ...

Alshaya to Establish New Logistics Hub at KAEC

Alshaya International Trading Co. is set to establish a logistics hub at King Abdullah Economic City (KAEC), according to a press release last week

Emaar Launches New Jeddah Residential Project

Property developer Emaar Properties launched a third residential project in Jeddah Gate under its Emaar Residences brand, according to a press release.

Saudi Arabia to Establish Refinancing Company

Saudi Arabia's Housing Minister Majed Al-Hogail announced the establishment of a refinancing company for the country's housing sector, reported the Saudi Press Agency on Tuesday

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