REAL ESTATE

Saudi Arabia Set to Launch $32 Billion Plan to Jumpstart Housing Market

housing-RE1
Saudi Arabia's Public Investment Fund-backed mortgage company, the Saudi Real Estate Refinance Company (SRC), plans to roll out new funding soon to the Kingdom’s lenders to boost home ownership in Saudi Arabia, according to a report.

Saudi Arabia

News, analysis, and more

War in Yemen

Saudi-Led Troops Fight Rebel Forces South of Yemen’s Hodeida

Troops in a Saudi-led coalition captured a town south of Yemen's port city of Hodeida on Thursday as fierce fighting and airstrikes pounded the area, ...

 

War in Yemen

Saudi Arabia and UAE announce five-point plan for relief in Yemen’s Hodeidah

As part of the plan, the two coalition states aim to establish a shipping lane to Hodeidah from the UAE capital, Abu Dhabi, and Jizan, ...

 

World Cup: 2018

Russia, Saudi Arabia Set to Kick Off World Cup

Russia will be looking to avoid joining an exclusive club when they participate in this year’s tournament. Ever since the World Cup began, only one ...

 

Saudi Football

From Riyadh to Moscow: one Saudi fan’s epic journey

Thanks to the wonders of modern transport, many supporters can now travel across the globe to see their national teams in action. Making a journey ...

 

US soccer president thanks Saudi Arabia for supporting United Bid for 2026

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Oil Prices

Russia and Saudi Arabia Pursue OPEC Deal at World Cup Summit

Russian President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman will discuss how to boost oil production while maintaining their petro-alliance when they meet ...

 

Investment

Mobius Not Convinced by Saudi Stocks Set for Status Upgrade

As Saudi Arabia stands poised to win emerging-market status, one of the best-known developing-nation investors says he isn’t completely convinced the kingdom’s stocks are a ...

 

Saudi-Jordan

Jordan’s economy to improve after Gulf aid, analysts say

Jordan's economy is expected to improve following some 3 billion U.S. dollars aid pledged by the Gulf states, analysts said. ...

 

Saudi Labor Market

The Labor Market in Saudi Arabia: Highlights from an EPoD Research Symposium

Researchers from a range of international institutions presented new findings on the Saudi Labor market at a symposium in Riyadh on May 2. Topics ranged ...

 

Maritime Yard

Construction starts at Saudi Arabia’s new maritime yard

A joint venture comprising UAE-based oil rig builder Lampell, oil company Saudi Aramco, the National Shipping Company of Saudi Arabia (Bahri), and South Korean shipbuilder ...

 

Saudi +

Regional and related topics

World Cup: 2018

Perspective: How the World Cup reflects the world

For the next month, across the planet, interest in non-World Cup happenings will dry up, office-goers will skip work, politicians will don and hide behind ...

 

Yemen

The Marib paradox: How one province succeeds in the midst of Yemen’s war

Marib’s newly acquired autonomy has allowed it to retain a share of its natural resource wealth, improve infrastructure, and expand government services, including paying state ...

 

War in Yemen

What would deeper involvement in Yemen mean for US troops?

On Wednesday, a Pentagon spokesman reiterated that the U.S. has been supplying targeting information to the Saudi-led coalition, as well as refueling their warplanes, but ...

 

Turkey

Turkey’s Erdogan says will lift state of emergency if re-elected | Middle East Eye

Ten days before voters head to the polls, Turkish president promises to end measure repeatedly extended since 2016 coup attempt ...

 

Iran in the Region

Perspective: Why Iran’s involvement in Syria may backfire

Iran — and Russia — in this sense are responsible for a devastated country ripped apart along sectarian, regional and political fault lines suffering from ...

 

Abraaj

The Downfall of Arif Naqvi’s Abraaj Group, Dubai’s Star Investor

Abraaj has grown along with Dubai’s desire to create a world-class financial center. When it peaked at $13.6 billion worth of assets under management last ...

 

Iraq

Why did this Iraqi army brigade swap its American Abrams tanks for Russian ones?

The swap comes after U.S. officials complained that Abrams tanks ended up in the hands of Iranian-backed militias, and may be an avenue through which ...

 

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