Egypt starts housing projects in Saudi Arabia: minister

Egypt has started implementing housing projects in Saudi Arabia, OKAZ Newspaper has quoted Egyptian Minister of Housing Mostafa Madbouly as saying on Wednesday.

Speaking at the 33rd Council of Arab Ministers of Housing and Construction that took place in Riyadh on Tuesday, Madbouli said there are four Egyptian companies participating in the Saudi housing projects.

The number of Egyptian firms participating in the Saudi projects may increase, he added.

The Saudi Ministry of Housing has signed contracts with three Egyptian firms to build a number of units nationwide.