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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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Saudi Arabia pushes forward with smart city initiative

Saturday April 22nd, 2017,

A ‘smart city’ initiative has been launched in Saudi Arabia. The initiative will target five Saudi cities by 2020 in gradual phases that are to be carried out in partnership with the private sector, the ministry said. The Ministry of Municipal and Rural Affairs has launched the initiative to apply smart city concepts as one … Continue reading Saudi Arabia pushes forward with smart city initiative

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Smart city initiative launched

Thursday April 20th, 2017,

The Ministry of Municipal and Rural Affairs has launched the “application of smart city concepts” initiative as one of the municipal transformation projects emanating from the National Transformation Program 2020 and the Vision 2030, the Saudi Press Agency (SPA) said. The initiative aims to enhance urban development in the Kingdom through the application of the … Continue reading Smart city initiative launched

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Riyadh real estate market softens as economic reforms are implemented

Thursday April 20th, 2017,

Real estate market in Riyadh moderated as economic reforms make headway, JLL, the world’s leading real estate investment and advisory firm, said on Wednesday in its “Q1 2017 Riyadh Real Estate Market Overview” report which assesses the latest trends in the office, residential, retail and hotel sectors. The latest Q1 market summary report discusses the … Continue reading Riyadh real estate market softens as economic reforms are implemented

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Royal Commission of Yanbu unveils first Smart City in KSA

Thursday April 20th, 2017,

ROYAL Commission of Yanbu, in collaboration with Bayanat Co, Etihad Etisalat (Mobily) subsidiary, inaugurated the first smart city in Saudi Arabia at Yanbu, by establishing its infrastructure, in a ceremony held at the Head Office of the Royal Commission for Jubail & Yanbu in Riyadh. The Royal Commission of Yanbu executed the telecom network infrastructure … Continue reading Royal Commission of Yanbu unveils first Smart City in KSA

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Nebras works to fortify future generations through building national capabilities

Saturday April 15th, 2017,

Abdullah bin Mishaan Al-Badrani, director general of the Anti-Narcotic Department in the Eastern Province and head of the action team of the National Commission for Narcotics Control (NCNC), applauded the efforts exerted by the national project for combating drugs (Nebras) across all regions of the Kingdom. The director general also lauded the preventive and educational … Continue reading Nebras works to fortify future generations through building national capabilities

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Weak cement sales continue in Saudi Arabia

Thursday April 13th, 2017,

Total cement sales in Saudi Arabia fell 19 per cent year-on-year (y-o-y), but grew 16 per cent month-on-month (m-o-m) to 4.7 million tonnes in March. Clinker production came in at 4.6 million tonnes during March, down three per cent y-o-y, a report said. Historically March has generally seen the highest monthly sales in a year, … Continue reading Weak cement sales continue in Saudi Arabia

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Urban growth, increase in livestock encroach on desert vegetation in Kingdom

Sunday April 9th, 2017,

The desert vegetation in Saudi Arabia is slowly receding, the result of the expansion of urban settlements and population, and the increase in the number of livestock, and thus overgrazing, chairman of the Cooperative Society of Moringa and Desert Plants Nasser bin Saleh Al-Khalifa said.Other reasons include a growing number of cars that roam the … Continue reading Urban growth, increase in livestock encroach on desert vegetation in Kingdom

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Saudi Arabia's NCB gives Fidelity core European real estate mandate

Tuesday April 4th, 2017,

Saudi Arabia’s NCB Capital has mandated Fidelity International to invest in core European real estate. Fidelity said it had partnered with the Saudi Arabian investment bank and asset manager to launch a $300m (€281.4m) bespoke real estate mandate. The vehicle has $150m of equity, which can be leveraged to invest up to $300m. The pan-European … Continue reading Saudi Arabia's NCB gives Fidelity core European real estate mandate

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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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