Saudi Real Estate Deals Decline 31% in Ramadan

• Monday, 3rd July 2017
• by Menna A. Farouk

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

Al-Ahly for Real Estate to Establish 100,000 Housing Units in Saudi Arabia

• Monday, 3rd July 2017
• by Nayrouz Talaat

The Saudi Ministry of Housing approves the engineering designs of Egypt’s Al-Ahly for Real Estate Development to establish 100,000 housing units in Dammam and Al-Kharj cities in the Kingdom, Invest-Gate reports.

Saudi Arabia Has USD 250 bn in the Pipeline

• Tuesday, 20th June 2017
• by Menna A. Farouk

Saudi Arabia has over USD 250 bn worth of projects in the pipeline, with their main construction contracts are yet to be awarded, Invest-Gate reports.  

Next Phase of White Land Tax in Saudi Not Before 2020

• Sunday, 18th June 2017
• by Menna A. Farouk

The next phase of Saudi Arabia's white land tax will not be rolled out before 2020, Reuters reports.

Saudi Arabia Opens Phase I of Jabal Omar Project

• Saturday, 3rd June 2017
• by Nayrouz Talaat

Saudi Arabia inaugurates the first phase of the iconic Jabal Omar Project near the Grand Mosque in Mecca, Saudi Gazette reports.

World’s Tallest Tower Due in Saudi Arabia, 2019

• Monday, 15th May 2017
• by Nayrouz Talaat

The first stage of the - one kilometer- high- Jeddah Tower, set to be the world’s tallest building, is due by 2019 after financial issues with contractor Saudi Binladin Group (SBG) were resolved, Saudi Gazette reports.

SCZone, Saudi Arabia’s ASIC Partner to Develop Land Plots, Granite City

• Thursday, 4th May 2017
• by Fatma Khaled

The Suez Canal Economic Zone (SCZone) Authority will be partnering with Saudi Arabia’s ASIC Capital to develop six mn square meters of land plots and a granite city spreading on an area of one mn square meters in the ...

Saudi Home Prices Fall by 8%

• Wednesday, 26th April 2017
• by Nayrouz Talaat

Prices of houses in Saudi Arabia have declined by 8% while land prices are down by 9%, Reuters reports.

Egypt, Saudi Arabia Seek to Establish 8 Real Estate Projects in North Coast, Red Sea

• Monday, 24th April 2017
• by Nayrouz Talaat

The Saudi-Egyptian Business Council is mulling the establishment of eight real estate development projects in the North Coast and the Red Sea resort towns of Sharm El-Sheikh and Hurghada as President Abdel Fattah El ...

Ghasan Holding Group to Invest in Egypt’s Housing, Tourism Projects

• Tuesday, 18th April 2017
• by Nayrouz Talaat

Saudi Investor and owner of Ghasan Holding Group,  Ghasan bn Abdallah bn Ali El-Nemr, is aiming to pump more investments in housing and tourist projects in Egypt, Invest-Gate reports.