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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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Rosatom Signs Deal on Potential Construction of Wind Farms in Saudi Arabia

Thursday June 22nd, 2017,

Moscow and Riyadh could cooperate on building wind farms in Saudi Arabia. MOSCOW (Sputnik) — Rosatom's international branch on Wednesday said it will cooperate with Saudi Al-Yamama Group on potential projects in the construction of wind farms in Saudi Arabia as well as on supplying the Russian corporation’s equipment for the Saudi petrochemical industry, “Rusatom … Continue reading Rosatom Signs Deal on Potential Construction of Wind Farms in Saudi Arabia

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King Abdullah Port completes construction of central operations room for customs

Tuesday June 20th, 2017,

The Ports Development Co., the owner and developer of the King Abdullah Port, announced that building a central operations room for monitoring and linking customs X-ray inspection systems in the port has been completed. A wireless network will connect all customs inspection areas. The project has been delivered to Saudi Customs at King Abdullah Port, … Continue reading King Abdullah Port completes construction of central operations room for customs

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Contracts worth $250bn still to be awarded in Saudi Arabia

Monday June 19th, 2017,

Main construction contracts for over $250bn ($917bn) worth of projects have not been awarded in Saudi Arabia, according to a new report. Middle East Economic Digest (Meed), in its Saudi Arabia 2017: Delivering Vision 2030 report, said the kingdom’s pipeline of unawarded projects accounts for 39 percent of the GCC total. The sector where most … Continue reading Contracts worth $250bn still to be awarded in Saudi Arabia

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Saudi construction market set to double to over SR360bn by 2025

Saturday June 17th, 2017,

ADVANCED construction technology will be vital for delivering Saudi Vision 2030 mega-projects on time and on budget, experts announced ahead of The Big 5 Saudi Arabia. The Kingdom’s construction market is set to more than double, reaching a record high of SR362 billion in 2025, from SR 170 billion in 2016, according to a recent … Continue reading Saudi construction market set to double to over SR360bn by 2025

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Saudi Housing Requirements For A Strong And Secure Future – Analysis

Saturday June 10th, 2017,

Vision 2030 calls for addressing housing issues, a primary requirement in today’s Saudi Arabia. Providing more Saudis with the security of owning a home is an aim of Vision 2030. Yet currently there are not enough affordable homes to satisfy demand. To boot, there are thousands of undeveloped sites in urban areas. Up to half … Continue reading Saudi Housing Requirements For A Strong And Secure Future – Analysis

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Saudi Arabia releases new rental contract model

Wednesday June 7th, 2017,

Saudi Ministry of Housing has released the model of a uniform rental contract that has been framed to protect the rights of landlords, tenants and real estate brokers, as well as to control prices in the kingdom, said a report. The contract consists of 16 articles that spell out the rights and duties of each … Continue reading Saudi Arabia releases new rental contract model

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The First Group’s New Dedicated Food & Beverage Division to Bring Innovative Dining Concepts to Dubai

Monday June 5th, 2017,

The First Group has launched a dedicated F&B business that will introduce new and established restaurant brands to Dubai, some of which will be global firsts. In a move that marks significant expansion for the Dubai-based property development firm, the new division will fill the gap in the market for affordable lifestyle-driven dining concepts, as … Continue reading The First Group’s New Dedicated Food & Beverage Division to Bring Innovative Dining Concepts to Dubai

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Aramco in joint venture with 3 other firms for building of maritime yard in Ras Al-Khair

Thursday June 1st, 2017,

Saudi Aramco has signed a shareholder agreement with Lamprell plc, the National Shipping Company of Saudi Arabia (Bahri), and Hyundai Heavy Industries Co. Ltd (HHI) to enter into a joint venture partnership for the establishment, development and operation of a world-class maritime yard – the anchor project in the King Salman International Complex for Maritime … Continue reading Aramco in joint venture with 3 other firms for building of maritime yard in Ras Al-Khair

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JLL-Effat partnership encourages women into real estate sector

Thursday June 1st, 2017,

The world›s leading real estate investment and advisory firm, and Effat University, a private non-profit institution of higher education for women in Saudi Arabia, have signed a Memorandum of Understanding (MoU) that encourages students into the real estate sector. The MoU was signed in Jeddah between Jamil Ghaznawi, National Director and Country Head of JLL … Continue reading JLL-Effat partnership encourages women into real estate sector

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SOBHA Declared Top Brand for the 3rd Consecutive Year

Wednesday May 31st, 2017,

(ME NewsWire)– SOBHA Limited, India’s most admired and trusted real estate brand, has been declared the top brand of the Indian real estate sector for the 3rd consecutive year by the Brand X Report 2016-17, an annual study conducted by Track2Realty. This has been a rare accomplishment – the first HATTRICK of brand leadership by … Continue reading SOBHA Declared Top Brand for the 3rd Consecutive Year

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