Tuesday 31 May 2016
 
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housing project

Saudi JV to develop $3.6bn Egypt housing project

Jeddah-based Sisban Holding has joined hands with leading developer Egyptian Mountain View to launch its giant $3.6-billion luxury residential project, said a report. The Mountain View iCity is being developed as a comprehensive u

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Al Ma’awdah unveils luxury residential project in Bahrain

Bahrain’s Al-Ma’awdah Group has launched a BD22 million ($58.35 million) luxury residential project at the Gulf Property Show. Called Residence Sharq, the project is being built over a 17,080-sq-m area of land at Dilmu

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Chinese JV wins Egypt housing contract

A Chinese joint venture company has won major contracts for the construction of 15,000 residential units for low- and middle-income citizens, besides a new convention centre in Egypt. The company will also construct the new cabine

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Green Valley completes Turkish housing projects

Green Valley International Real Estate, a leading regional developer, has announced the completion of three mixed-use developments - Boulevard Bursa, Sapanca Villas and Yalova Villas - across Turkey. The successful completion of B

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Egypt secures $381m funding for mega housing project

The Egyptian government has sealed four financing contracts worth E£3 billion ($381 million) to help fund the construction of a million housing units across the country, said a report. The housing development, which is one o

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Bahrain to launch housing project tenders

Tenders to build 1,200 housing units within the Al Ramli Housing Project will be launched next month, a report said. Housing Ministry’s assistant under-secretary Sami Bu Hazza said that work was underway to prepare the site

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Bloom to delay Iraq housing project

Bloom Properties, a subsidiary of the Abu Dhabi’s National Holding, has slowed down its plans to build 40,000 homes in Iraq because of the worsening conflict in the country, said a report. The company said it had already com

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Sedco wins Saudi housing contract

Sedco Development, a key developer in Saudi Arabia, has been awarded a contract for the construction of Gardenia Residence, a project in Jeddah owned by the AlAhli Sedco Residential Development Fund in partnership with Ghoneim International Comp

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Egypt gets World Bank loan for key housing project

World Bank approved a $500 million loan to help Egypt finance the construction of one million housing units for low-income residents over five years, said the country's housing minister. "Between 25 and 40 per cent of the

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Egypt, Arabtec near accord on $40bn housing project

Egypt's housing ministry and Dubai's Arabtec have agreed some of the terms for a $40-billion project to build one million homes across the country, and they will sign a final contract within 10 days, a ministry spokeswoman said on Tuesda

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