Property prices in Saudi Arabia increased by an average of 3.1% in the fourth quarter of 2024 compared to the same period in 2023, acc …
Brunei ranks 13th globally in Islamic finance development; Malaysia and Saudi Arabia maintain their top two positions
Brunei has achieved a notable milestone, ranking 13th out of 136 countries globally in the Islamic Finance Development Report 2024: From Niche to Norm, marking its return to the top 15 rankings, …
Latest Saudi giga-project opens with cliff-hanging mountain retreats
Carved into the rugged Hejaz Mountains in Saudi Arabia, Desert Rock is the latest part of the country’s ambitious Red Sea giga-project to be realized. It provides a luxurious getaway for well-heeled …
Saudi Arabia: Rising Demand for Housing Units Drives Property Prices Higher
Riyadh: Real estate experts have attributed the ongoing rise in Saudi Arabia’s property price index, over 16 consecutive quarters, to significant and growing demand for housing units.This trend is …
Saudi Arabia: sarcc acquires Al Nakhla Residential Resort for $668mn
Al Nakhla Investment to ensure continued excellence in operating, leasing, and marketing the property as a premium residential destination. Saudi Arabia: sarcc acquires Al Nakhla Residential Resort …
Riyadh’s Real Estate Boom Challenges Saudi Homebuyers
The housing market in Riyadh, Saudi Arabia, has been on an upward trajectory since the pandemic, with property prices skyrocketing. However, this surge has led to a growing concern among residents and …
India’s Sajid Hussain awarded Saudi premium residency
Sajid Hussain, a distinguished business analytics expert from Delhi, India, has been awarded Saudi Arabia’s premium residency under the Special Talent Category. The premium residency offers its …
IMF slashes 2025 Saudi Arabia growth forecast on extended oil production cuts
The fund said it expected energy commodity prices to decline by 2.6 per cent in 2025, more than assumed in October …
China’s crude oil imports from top supplier Russia reach new high in 2024
China’s crude oil imports from top supplier Russia were up 1% in 2024 to a record high versus 2023, while purchases from Saudi Arabia dropped 9%, data showed on Monday, as refiners chased discounted Russian supplies to cope with weakened margins.
Saudi Arabia’s GACA to showcase $100bn in aviation investment
The General Authority of Civil Aviation (GACA) of Saudi Arabia will host an investment showcase including two high level panel discussions at Saudi House on the sidelines of the World Economic Forum …