The Business Times
business-time-50
SUBSCRIBERS

Egyptian developers suspend Saudi project amid tensions

Each of four firms was to build up to 15,000 housing units

google-preferred-sourceAdd BT as a preferred source
Published Fri, Feb 24, 2017 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Cairo

THREE Egyptian real estate executives said on Thursday that their companies have suspended housing deals with the Saudi Arabian government amid political tensions between the two countries.

A Saudi housing ministry official denied that any project had been suspended.

Saudi Arabia

Share with us your feedback on BT's products and services

Feedback

TRENDING NOW

DBS filed the bankruptcy application after serving statutory demands to the directors of Autobahn Rent A Car in December 2025.

Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS

Chinese Foreign Minister Wang Yi stopped short of explicitly naming the US or Israel as aggressors, a telling omission from a country that otherwise speaks with little diplomatic timidity.

Beijing’s calculated silence on the Iran war 

Eu Yan Sang group chairman Richard Eu has been with the company since 1989 and has seen plenty of change over the years, such as how employees view their jobs.

Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant

Malaysia Madani, or Civil Malaysia, is Prime Minister Anwar Ibrahim's slogan encapsulating positive values (such as humanity and strong governance) that would shape policy direction. But the "corporate mafia" claims have now cast the spotlight on governance credibility.

From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More