Saudi Arabia Studies Using 3D Printing for Housing Project

• Thursday, 4th August 2016
• by Fatma Khaled

Saudi Arabia is collaborating with a Chinese company to study a proposal that aims at implementing 3D printing techniques in the construction of housing units.

Saudi Arabia Drafts Rules for Real Estate Funds

• Thursday, 4th August 2016
• by Fatma Khaled

As efforts in attracting private investors in to the housing department, Saudi Arabia drafted rules for exchange-listed real estate funds.

Qatar’s Barwa Real Estate Buys Saudi Land for $175.8 M

• Thursday, 4th August 2016
• by Fatma Khaled

Qatar’s Barwa for Real Estate, one of the Gulf Arab state’s major developers stated that it purchased a vacant plot land in Riyadh, Saudi Arabia worth of 659.28 million Riyals which is equivalent to $175.8 million

Saudi ‘White Land’ Fees Spark Unprecedented Drop in Real Estate Sales

• Sunday, 31st July 2016
• by Joana Saba

A new tax on undeveloped lands, aiming to tackle the sharp housing decline in the kingdom, induced a 56.7% drop in real estate sales in Saudi Arabia.

Saudi Developer Dar Al Arkan Reports a 38.7% Drop in Net Profit

• Monday, 25th July 2016
• by Eman El Sherbiny

Leading Saudi property developer, Dar Al Arkan announced a 38.7% slump in its 2nd quarter (Q2) net profit, as well as a drop in land sales.

Saudi Arabia’s Residential Market Sees Minor Increase in Q1

• Wednesday, 20th July 2016
• by Eman El Sherbiny

During the first quarter of 2016, Riyadh and Jeddah witnessed a decline in sales and rentals in the villa and apartment segments.

Saudi Government Authorizes Infrastructure Projects within Tourism Sector

• Tuesday, 19th July 2016
• by Eman El Sherbiny

Twenty-four infrastructure projects have been been authorized by the Saudi government, to include 17 hotel buildings in the Asir region, in a bid to boost the kingdom’s tourism sector.

Kuwaiti Kamco Buys 16,500 Sqm Commercial Land in Riyadh

• Thursday, 14th July 2016
• by Eman El Sherbiny

Kamco, the top Kuwaiti investment company, with one of the highest assets under management (AUM) in the region announced that its real estate fund has bought a 16,500 square meter commercial land in Riyadh, Saudi Arabia.

Egypt’s Moukhtar Ibrahim to Expand Regionally

• Sunday, 10th July 2016
• by Heba Eid

Moukhtar Ibrahim, Egypt-based construction firm, plans to open two branches in Algeria and UAE, by the end of 2016, announced its chairman, Fayek El Banna.

Cayan Signs Agreement with Bidaya to Provide Home Financing Solutions

• Sunday, 3rd July 2016
• by Eman El Sherbiny

Top property developer, Cayan Group signed an agreement with Saudi Bidaya Home Finance to enable financing solutions to its clients, Trade Arabia reported.