Delegation of Egyptian Businessmen Discuss Bilateral Investment Ties with KSA

• Wednesday, 10th April 2019
• by Invest Gate

A delegation of Egyptian businessmen met on April 8 with the Saudi Housing Minister Majed bin Abdullah Al-Hogail to discuss future investments in real estate.

Al-Ahly for Real Estate to Establish 100,000 Housing Units in Saudi Arabia

• Monday, 3rd July 2017
• by Nayrouz Talaat

The Saudi Ministry of Housing approves the engineering designs of Egypt’s Al-Ahly for Real Estate Development to establish 100,000 housing units in Dammam and Al-Kharj cities in the Kingdom, Invest-Gate reports.

Reduction in Downpayment on Saudi State-Facilitated Mortgages Could Benefit Thousands

• Tuesday, 8th November 2016
• by Karim Mohy

A recent reduction in the minimum downpayment required for state-facilitated mortgages in Saudi Arabia could benefit hundreds of thousands of applicants who currently do not own their home.

Saudis Enraged by Housing Minister’s ‘Preachy’ Tweet

• Sunday, 6th November 2016
• by Karim Mohy

Saudi citizens heavily criticized their housing minister after a tweet in which he quoted Prophet Mohammed asking people to be generous to their neighbors, claiming he should focus on his work rather than preaching.

Saudi Housing Figures Under Criticism

• Sunday, 23rd October 2016
• by Karim Mohy

The percentage of homeownership in Saudi Arabia relative to the general population is 63%, according to figures stated by the Saudi General Authority for Statistics Demographic Research Bulletin (pdf) published last ...