Incumbent Turkish operator ATÜ Duty Free, owned in joint venture by Germany’s Heinemann, has been in place since 2015.
A Master Concession In Saudi Arabia Is A Timely Win For French Travel Retailer Lagardere
Incumbent Turkish operator ATÜ Duty Free, owned in joint venture by Germany’s Heinemann, has been in place since 2015.
Saudi Arabia to record fastest growth in major economies in 2022: Economist
Flag of Kingdom of Saudi Arabia Economist Intelligence said, in a report that Saudi Arabia is set to be the fastest growing of the world’s la …
Israel sanctions 20 entities in crackdown on Hamas investment
Israeli Defense Minister Benny Gantz issued orders sanctioning companies in Sudan, Turkey, Algeria, the United Arab Emirates and Saudi Arabia for allegedly helping finance Hamas.
Bangladesh eyes $35b slice of Saudi market
Bangladesh looks to gain a foothold in the Kingdom of Saudi Arabia (KSA) with seven potential products, including food and beverage, apparel, and jute and leather, products which are now sourced from …
Residential property deals fall in major Saudi Arabian cities – CBRE
In the commercial sector, property prices have grown as demand outstrips supply in the capital The number of residential properties sold in Saudi Arabia fell by 19.9% in the second quarter of 2022, …
Saudi Arabia real estate market ‘fragmented,’ but long-term outlook positive: CBRE
The kingdom’s office market performed well over the last quarter, but residential real estate witnessed a slump, according to the report Saudi Arabia real estate market ‘fragmented,’ but long-term …
Performance in Saudi Arabia’s real estate sector remains fragmented, says CBRE
Fragmented performance and activity levels in Saudi Arabia’s real estate sector continued into the second quarter of the year across the Kingdom’s regions. Looking at Saudi Arabia’s office sector …
Saudi royal family member’s former London mansion goes on sale for £12.5m
A former mansion that once belonged to members of Saudi Arabia’s royal family has gone on sale in London with a £12.5 million ($14.7m) price tag. The vast eight-bedroom property, known as Fairwood, is …
CBRE expands Saudi Arabia business with new Country Head
Pedro brings over 27 years of experience in senior leadership positions in Retail, Real Estate and Asset & Property Management firms across the Middle East, Europe and North Africa delivering billion- …