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We have an updated list of properties available in Saudi Arabia ranging from the most luxurious villas to the modest commercial accommodations in the most preferred locations around the city.

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Innovation to enhance Saudi housing sector development

Friday March 24th, 2017,

There are positive expectations about potential growth and development in the Saudi housing sector. This came after a workshop entitled “Energy Efficiency” which connected SABIC, Ministry of Housing, and Schneider Company aimed at integrating better technology in housing manufacturing in the Kingdom. The event took place in SABIC Plastics Applications Development Center on Monday. Saudi … Continue reading Innovation to enhance Saudi housing sector development

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Ascott to manage new property in Saudi Arabia

Tuesday March 21st, 2017,

Ascott, a leading service residence owner-operator, said it has been awarded a contract to manage a Citadines-branded property at Al Khobar in the eastern province of Saudi Arabia. Citadines Al Khobar will be located at central Al Khobar, in a highly sought after location between King Salman and Prince Fawaz streets on the 4th main … Continue reading Ascott to manage new property in Saudi Arabia

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Unified Real Estate Development Adopts Yardi Voyager 7S for Property and Lease Management

Friday March 17th, 2017,

Shopping center owner and operator Unified Real Estate Development, whose tenants include some of Saudi Arabia’s largest retail companies, will perform lease and property management with Yardi Voyager® 7S, a cloud-based platform. Unified will manage other aspects of its business within Yardi Voyager with additional solutions, including: Yardi Advanced Maintenance™, with which Unified will schedule, … Continue reading Unified Real Estate Development Adopts Yardi Voyager 7S for Property and Lease Management

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Riyadh begins clearout of illegal businesses from residential neighborhoods

Friday March 17th, 2017,

Riyadh city authorities have started clearing the capital’s neighborhoods of illegal markets operating on residential plots following a government order that was passed in December.Scores of small businesses ranging from tailors to car mechanics and grocery stores to pop-up clothing stalls were being driven out of residential areas to improve security, traffic flow and the … Continue reading Riyadh begins clearout of illegal businesses from residential neighborhoods

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Luxury house prices in the Kingdom hold firm

Friday March 17th, 2017,

Prime residential property prices in Riyadh held firm in 2016, according to Knight Frank’s unique Prime International Residential Index (PIRI 100). This metric forms part of Knight Frank’s latest Wealth Report (2017) and tracks the value of luxury homes in 100 locations worldwide. The news is set amidst a general backdrop of marginal declines in … Continue reading Luxury house prices in the Kingdom hold firm

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McDermott to construct fabrication and marine complex in Saudi Arabia

Thursday March 9th, 2017,

McDermott International Inc. has signed a memorandum of understanding with Saudi Aramco for a long-term land lease at the new maritime facility at Ras Al Khair in Saudi Arabia, currently being developed by Saudi Aramco. With a long-term phased approach, McDermott plans to build a new fabrication and marine complex that will feature state-of-the-art facilities, … Continue reading McDermott to construct fabrication and marine complex in Saudi Arabia

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Makkah transportation project on schedule

Tuesday February 28th, 2017,

Emir of Makkah Prince Khaled Al-Faisal has followed up with King Abdulaziz Road Project, which is aimed to facilitate transportation for pilgrims and visitors to the holy city. A source said the emir looked into the latest updates on the project and the progress of work. “This project is a very important one and will … Continue reading Makkah transportation project on schedule

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Construction, Halal And Services Among Potential Sectors To Tap In Saudi Arabia

Tuesday February 28th, 2017,

Construction and halal products, as well as services, are among the potential sectors for Malaysian businesses to seize further opportunities in Saudi Arabia. Minister of International Trade and Industry, Datuk Seri Mustapa Mohamed, said Malaysia could now hope to export not just more halal goods but also expertise in the construction and property development and … Continue reading Construction, Halal And Services Among Potential Sectors To Tap In Saudi Arabia

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Pepsi building ‘one of its largest plants’ in Saudi Arabia

Thursday February 23rd, 2017,

PepsiCo will build ‘one of its largest manufacturing plants’ in Jeddah, Saudi Arabia, according to local press. Gulf Business reported that the site, which will open later this year, will be used to fill and bottle some of the company’s most well-known carbonates including Mountain Dew, Mirinda and trademark Pepsi. The plant will be used … Continue reading Pepsi building ‘one of its largest plants’ in Saudi Arabia

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Raising professional standards needed as real estate market in Saudi Arabia grows

Wednesday February 22nd, 2017,

Increasing demand for properties in Saudi Arabia due to a rapidly expanding population indicates that the Saudi real estate industry will be resilient for the years to come. “The current sentiment regarding the decline within the industry needs to be addressed with transparency and credibility,” said real estate expert Tarek Zeitoun, Country Manager of eSimsar.com. … Continue reading Raising professional standards needed as real estate market in Saudi Arabia grows

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