(MENAFN) Ewaan Global Residential Company signed a deal with the Saudi Ministry of Housing to develop Babak housing project in Jeddah, according to a corporate statement, The Saudi Gazette reported.
The deal aims at providing further residential options for Saudi people and marks an unprecedented move by the Ministry, giving more opportunities for developers in participating in improving the country's overall housing sector.
"Ewaan is proud to have this unique opportunity to serve the community. We are very pleased to be contributing to this promising national project and would like to thank the minister for his confidence," the Chairman of Ewaan said.
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