SUBSCRIBERS
Egyptian developers suspend Saudi project amid tensions
Each of four firms was to build up to 15,000 housing units
Published Fri, Feb 24, 2017 · 09:50 PM
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.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Luxury private home rents jump in Q1 amid wider market slump: Huttons Asia
Evictions surge in Arizona with housing shortage and rising prices
China property shares firm after Politburo highlights clearing inventory
Dubai billionaire’s children plan to revive troubled world islands
UK commercial real estate lending plunges to lowest in a decade
Hybrid, flexible working set to curb Singapore office usage and rents