Saudi Arabia's government will provide housing for 100,000 low-income families over the next year as part of a reform programme designed to strengthen the economy and reduce its dependence on oil, the Housing Ministry said on Sunday.
Dubai Properties (DP), a leading real estate master developer and asset manager of renowned destinations across the emirate, released the additional units of Arabella 2 at the ongoing International Property Show (IPS) in Dubai, UAE.
Despite the ongoing economic challenges across the globe, the residential sector in Cairo, Egypt, continues to thrive, underpinned by a young population base, said a report.
The composition of Egypt’s population continues to
A total of 1,560 new residential units have been constructed in the New Tiba city in Egypt and are due for handover to the beneficiaries, said a report.
Another set of housing units, totalling 5,352, are being built in the city, r
A consortium including Korean group Hanwha Engineering & Construction has won a $20-billion project to build 100,000 homes in Saudi Arabia, said a report.
The housing development plan will mark the largest ever project that a
Madinet Nasr for Housing and Development (MNHD), one of the oldest and largest companies in Egypt, said its net profit for 2015 soared to E£240 million ($30.6 million) from E£213 million ($27 million)
the year earlier.
Saudi Arabia’s developers need to build nearly 257,000 residential units over the next five years in bid to tackle the growing housing problem in the country, said a report.
With 80 per cent of the Saudi families unable to b
King Abdullah Economic City (KAEC), a special economic zone on Saudi Arabia's Red Sea coast, is set to offer affordable apartment homes in its newly built Al-Shurooq community following the success of its recent residential sales across all
The residential market in Abu Dhabi continues to outperform other asset classes amidst a moderating economy, according to an industry expert.
The average residential rents in the UAE capital grew by four per cent (y-o-y), despite
Bahrain’s residential property sector continued to show signs of market stability during the third quarter of 2015 with insignificant quarter-on-quarter changes in key performance indicators, said a report.
Despite the incre