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.

Saudi to Launch USD 30 to 50 bn Renewable Energy Program

• Monday, 16th January 2017
• by Yasmin El-Beih

Saudi Arabia will launch a renewable energy program within coming weeks that is anticipated to include investments worth USD 30-50 bn as 2023 approaches, Minister of Energy Khaled Al-Falih announced on Monday, Reuter ...

Italian Firm To Renovate King Fahd International Stadium, Riyadh

• Thursday, 12th January 2017
• by Farah Montasser

The Saudi General Sport Authority (GSA) has commissioned Schiattarella Associati, an Italy-based leading architectural firm, out of five competing firms, for the modification of King Fahd International Stadium in Riyadh

SECON to Invest EGP 2 Bn in Egypt in 2017

• Monday, 9th January 2017
• by Farah Montasser

Saudi Egyptian Construction Company (SECON) is to pump investments worth EGP 2 bn worth of projects in Egypt during full-year 2017 in an effort to promote the company’s strategy to achieve revenues, according to Chai ...

Saudi Monetary Authority raises mortgage up to 85%

• Sunday, 8th January 2017
• by Farah Montasser

Saudi Arabian Monetary Authority (SAMA) has raised the loan limit for mortgages from 70 to 85% for first-time Saudi buyers, according to a statement

Saudi Arabia to Develop New Industrial City

• Wednesday, 28th December 2016
• by Farah Montasser

Saudi Arabia is to develop a new smart industrial city in Asfan, north of Jeddah, reported the Saudi Gazette.

Saudi Arabia to Invest in Madinah

• Sunday, 25th December 2016
• by Farah Montasser

As part of the government’s plan to improve infrastructure and other projects in the city of Madinah, Saudi Arabia is currently investing in 1,148 projects and expects to complete them all in 2017, reported the Saudi ...

Egypt to Partner with Saudi Arabia for Housing Projects

• Thursday, 22nd December 2016
• by Farah Montasser

Egypt and Saudi Arabia are joining forces to develop the Saudi housing sector, reported Okaz News

Saudi Arabia Takes its Rental Market Online

• Wednesday, 21st December 2016
• by Farah Montasser

Saudi Arabia plans to set up a new national e-network system to regulate rent prices and broker activity as well as to create a new rental disputes center, reported the Saudi Gazette on Tuesday