Development companies working on the Saudi Housing 2 project Dammam face losses after the Ministry of Housing halted the building of 4,800 units until further notice, Construction Week Online reported.
Jeddah Economic Company, a real estate developers, attributed construction delays for the 1Km-high Jeddah Tower to funding issues with the contractor Saudi Binladin Group.
Saudi-Based Sidra Capital announced its acquisition of an office building in Fort Mill, South Carolina an investment worth SR 350 million ($93.3 million).
A number of major real estate investors operating in Egypt have voiced concerns over obstacles affecting the growth of the industry, and hence their businesses. The most prominent of these obstacles include an increa ...