Cabinet approves a supplementary phase of Beit AlWatan project to attract more remittances: Housing Minister

Shaimaa Al-Aees
1 Min Read
social housing

Minister of Housing Mostafa Madbouly announced the approval of the Cabinet in its meeting on Wednesday on the ministry’s request to extend the Beit AlWatan project, in New Cairo, through an additional phase in new cities to attract and receive more remittances from Egyptian expats.

Further, Madbouly noted that the cabinet approved also providing a discount 7.5% of the remaining amount to pay the full price whether for lands or housing units except the last installment.

Beit Al Watan project is tailored to for Egyptian expatriates, where application would be made online transfer and paying in US dollars.

Share This Article
Leave a comment