Saudi Stalled Projects Expected to Decline 10% by Year-End

The Saudi Ministry of Environment, Water and Agriculture is seeking to cut stalled projects to less than 10% by the end of 2017, Al-Eqtisadiah newspaper quoted the ministry’s undersecretary Mohammed Al-Mukli as saying.

Saudi Real Estate Deals Decline 31% in Ramadan

Saudi Arabia’s real estate transactions fall by 31% y-o-y in the holy month of Ramadan, Argaam reports.

Remco For Tourism Village Construction Losses Decline in Q1

Remco for Tourism Village Construction Company’s standalone net loss declines in the first quarter of 2017 by 43.55% to stand at EGP 22.4 mn, compared to EGP 24.7 mn a year ago, Invest-Gate reports.

Dubai’s Real Estate Market Expected to Bottom Out by End of 2017

The Dubai real estate market is expected to bottom out by the end of 2017 with a downtrend across all sectors of the market, Invest-Gate reports.

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