Sedco Capital Acquires $126 M in Saudi Real Estate Assets

Sedco Capital, a Saudi licensed asset manager, said it acquired seven quality properties over the past 19 months of a total of 88,000 square meters of built up area across the kingdom for a total cost of $126 million.

Saudi Arabia developing 10,000 housing units in Eastern Province

The Saudi Ministry of Housing signed deals with two national real estate companies on Wednesday to build more than 10,000 housing units in its Eastern Province in the Al-Qatif Governorate.

Arabian Centres to Launch Al Hamra Mall in Riyadh

A leading developer for international shopping malls in Saudi Arabia, Arabian Centres, will be launching Al Hamra Mall, containing 167 retails and entertainment outlets, in Riyadh.

Saudi Arabia Develops $300 B Infrastructure Projects Amid Vision 2030

Saudi Arabia will be launching infrastructure projects worth $300 billion in the power, water, transportation, hydrocarbons, and construction sectors.

Cayan Offers Mixed-use Project in Riyadh

Leading property developer Cayan Group has launched mixed-used residential project in Samaya at Riyadh, Saudi Arabia, built at a cost of $ 266 million.

Major Real Estate Expo to Take Place in Jeddah this November

The Jeddah Urban Development and Real Estate Investment Event is set to kick off in Saudi Arabia in November, with the presence of prominent investors, developers, and real estate designers.

Egypt Receives First Segment of Saudi Loan for Developing Sinai

Egypt received EGP 2.664 billion ($300 million) from Saudi Arabia to develop the Sinai peninsula, announced Minister of International Cooperation Sahar Nasr.

Bayat Plaza Tower 1 Completed in Jeddah

Tower One of Bayat Plaza's superstructure has recently been completed in Jeddah, Saudi Arabia.

Al Ahly to Open Saudi Arabia Branch Within 4 Months

Al Ahly For Real Estate Development Company, an Egypt-based real estate developer, will open a new office branch in Saudi Arabia within four months.

Mecca, Dubai Lead in Hotel Rooms Under Development

According to latest data supplied , Makkah and Dubai are top leaders in hotel construction and planning in the Middle East

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