Layali Diriyah: Blending scents of history, culture, global flavors
Riyadh, Saudi Arabia – Surrounded by the natural emblem of palm trees, Layali Diriyah during Ramadan radiates a distinctive ambiance, blending the scents of history, culture, and global flavors, while gentle breezes carry the fragrances of the past and the richness of traditions. The ambiance of Ramadan permeates the entire area, where ancient heritage intertwines…
Urban developments transform Saudi realty
The exhibition saw the launch of massive real estate ventures, including integrated, modern cities, with a combined investment of around $18.3 billion. Some of the these projects are nearing completion.
Realty sector’s success hinges on GDP growth
The kingdom’s Minister of Housing, Majid Al-Hogail recently said that Gulf country’s residential real estate finance is expected to exceed 1.2 million contracts with a value of SR600 billion ($162 billion) by 2030.
Mega projects bet high on diversified future
This TRENDS infographic dives into Saudi Arabia’s ambitious transformation to discover how the Kingdom is reshaping its future with high investments in the real estate sector and infrastructure projects.
Real estate exchange transforms Saudi market
The stock exchange offers indices, real estate services, and wealth management. It ensures supply-demand balance, and swift transactions, while delivering high-quality, accurate and efficient data.
Saudi smart homes market builds on digitization drive
Saudi Arabia’s smart homes market is growing due to government backing, tech advancements, and evolving consumer tastes. As the Kingdom advances toward its Vision 2030 goals, the smart homes sector is poised to play an important role in shaping the country’s future urban landscape.
Five skills workers require in real estate
Saudi Arabia’s real estate sector is evolving with new regulations, creating fresh job opportunities. The latest initiatives seek to enhance the sector’s GDP contribution while fostering job and investment prospects.
Saudi real estate gets non-oil boost
The Saudi commercial real estate market is set for a significant upswing in 2023, propelled by the government’s vision to diversify from oil. Investments are flooding into non-oil sectors, including tourism, manufacturing, and logistics. The rise of e-commerce demands more warehouses and distribution hubs. Additionally, a growing population predicts a surge in demand for office,…
Office segment demand drives Saudi Arabia’s real estate boom
“The office sector shines brightest in the real estate market. Saudi Arabia’s rapid economic growth drives the demand,” Faisal Durrani, Partner, Head of Middle East Research told TRENDS. “Overseas businesses are flocking to Riyadh, evidenced by a 54 percent rise in business licenses in 2022.”