Increase in Traffic on OLX Properties from Egyptian Expats After EGP Float

• Wednesday, 12th April 2017
• by Nayrouz Talaat

Egyptian expats in Saudi Arabia have the highest online demand on OLX Properties, accounting for 56 per cent of overall traffic, especially after the Egyptian government floated the EGP last November, Invest-Gate rep ...

Saudi Arabia Unveils Plans for ‘Entertainment City’ Near Riyadh

• Monday, 10th April 2017
• by Menna A. Farouk

Saudi Arabia unveils plans for an entertainment city on the edge of Riyadh, which will be 50 times the size of Gibraltar once complete, Invest-Gate reports.

) SAR 1.8 bn Development Projects Underway, Saudi Arabia’s Al-Leith, Adham

• Monday, 27th March 2017
• by Leena ElDeeb

Developmental projects worth over SAR 1.8 bn are now underway in Saudi Arabia’s western provinces of Al-Leith and Adham, Arab News reports.

Fitch Downgrades Saudi Arabia’s Rating to A+

• Thursday, 23rd March 2017
• by Leena ElDeeb

Fitch Ratings downgrades Saudi Arabia by one notch to A+ with a stable outlook from AA- with a negative outlook, citing deterioration of state finances due to low oil prices and doubts over whether Riyadh can achieve ...

Saudi Arabia Offers Bids to Generate Electricity from Solar Power

• Monday, 20th March 2017
• by Leena ElDeeb

Saudi Arabia announces the offering of three bids to generate electricity from solar energy in the years of 2018, 2019 and 2020, Al-Madina reports.

Saudi High-Speed Rail Project Almost Completed

• Monday, 20th March 2017
• by Leena ElDeeb

A Saudi high-speed rail project connecting Medina and Mecca is progressing at a speedy pace with 95% of construction works completed, Saudi Gazette reports.

Egyptian-Saudi Business Council to Invest in Egypt’s Projects

• Thursday, 16th March 2017
• by Fatma Khaled

The Egyptian-Saudi Business Council is planning to invest in major national projects now underway in Egypt to stimulate economic growth, Invest-Gate reports.

Saudi Arabia to Revive Real Estate Sector

• Thursday, 26th January 2017
• by Yasmin El-Beih

Saudi Arabia plans to form the National Authority for Real Estate responsible for organizing non-government real estate activity in the country, quality development, and attracting investments to the sector, Invest-G ...

Saudi Arabia Allocated USD 266 mn on Infrastructure Projects

• Sunday, 22nd January 2017
• by Farah Montasser

Saudi Arabia is currently developing infrastructure projects in areas of Thadiq and Huraymila at a total investment cost of USD 266 million

Saudi to Build 280,000 Homes Within Three Years

• Tuesday, 17th January 2017
• by Yasmin El-Beih

Around 280,000 residential units will be constructed in Saudi Arabia at a total investment cost of USD 32 bn within three years, according to a Saudi Housing Ministry statement.