Latest news with #NabilAl-Saffar
Iraqi News
08-07-2025
- Business
- Iraqi News
Iraq sets price for Al-Jawahiri residential city at 900k IQD per square meter
Baghdad ( – Iraq's Ministry of Construction and Housing has set the price for units in the new Al-Jawahiri residential city at 900,000 Iraqi dinars per square meter, with sales centers now open for citizens to apply, the ministry announced on Monday (July 7, 2025). Ministry spokesperson Nabil Al-Saffar stated this is part of a major push to address the country's housing crisis through the development of several new cities. Other major projects moving forward include Ali Al-Wardi and Al-Fursan in Baghdad, Dhifaf Karbala, Al-Janain in Babil, and Al-Ghazlani in Mosul. Al-Saffar clarified that the government retains a 10% to 25% share in these projects, which will be allocated to deserving groups who do not own homes. He also noted that the Al-Fursan city is specifically designated for Ministry of Defence personnel at reduced prices. This long-term strategy of building new, integrated residential cities is seen as a key government solution to increase the housing supply and provide citizens with new opportunities for home ownership.
Zawya
10-02-2025
- Business
- Zawya
Iraq awards 5 new city projects
Iraq has awarded five projects to construct new cities in various parts of the country and is planning to offer six other similar projects, an official has said. The five awarded contracts include the 120,000-house Ali Al-Wardi City near Baghdad, which has been awarded to Ora Developers, owned by Egyptian tycoon Naguib Sawiris. 'This is the largest new city in Iraq….its designs have been completed and the project will be launched shortly after it was approved by the cabinet,' said Nabil Al-Saffar, a spokesman for the Construction and Housing Ministry. 'We have plans to offer six new such projects on an investment basis…these cities are part of a strategy by the Ministry to tackle the housing crisis in Iraq,' he told the official Iraqi News Agency (INA) on Sunday. Writing by Nadim Kawach; Editing by Anoop Menon) (
