REAL ESTATE IN SAUDI ARABIA

JLL Research: 2018 a ‘Year of Implementation’ for Saudi Arabia

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A recent report by international real estate company Jones Lang LaSalle said that 2018 would be a "year of implementation" for Saudi Arabia following a historic 2017 in which Saudi Arabia saw great social and economic change.

Saudi Arabia

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War in Yemen

Saudi and UAE envoys bid to end standoff in Yemen’s Aden

The two governments' envoys "met with all concerned parties, stressing the need to abide by the ceasefire... and refocus efforts on the front lines against ...

 

Yemen Civil War

Saudi-led coalition denies reports of Houthis launching missile at Riyadh airport

A "failed attempt" instead landed in an uninhabited desert, said coalition spokesperson ...

 

Technology

Google to expand in Saudi amid push to grow online Arabic content

Technology major Google aims to expand its offerings in Saudi Arabia as part of efforts to increase the amount of Arabic language content on the ...

 

Technology

Uber Eats launches in Riyadh

Uber has announced that Uber Eats, the company’s popular food delivery app, is now available in the Riyadh. ...

 

Saudi Nuclear Energy

Saudi Nuclear Talks: Risks and Limitations

Riyadh has ambitious plans to build as many as sixteen nuclear reactors at a cost of some $80 billion in the coming decades. American companies ...

 

Saudi Oil Production

Top three Saudi oil fields drive 59% of country’s oil production in 2021

Saudi Arabia is expected to spend $79.6bn as capex on conventional oil projects during 2018 to 2021, with spending topping in 2021 at $20.5bn. ...

 

Prince Alwaleed bin Talal

For Saudi tycoons freed from detention, cheers and a business challenge

Cheering supporters greeted Saudi Arabian billionaire Prince Alwaleed bin Talal when he arrived at his skyscraper offices in Riyadh after his release from detention in ...

 

Debt Collection

Saudi Arabia and UAE tops for tough debt collection, report says

“In the UAE, Russia and Saudi Arabia, payment terms are quite long. In the UAE it is over 60 days . . . In UAE we were expecting a ...

 

Buying Preferences

Shifting Saudi food buying patterns spurs exporters confidence

As global brands maintain their traditional dominance in the preserved food categories, the survey highlights how Saudi consumers increasingly prefer locally produced dairy and fresh ...

 

Riyal Coin > Riyal Bill

Coins replace notes in Saudi Arabia

The SAMA distributed a letter to all banks in Saudi Arabia instructing the banks to stop dealing with the 1-riyal bank note progressively. The coin ...

 

Major Construction

Revealed: 10 biggest construction projects in Saudi Arabia

Expansion and redevelopment of existing structures and areas set a trend amongst the top construction projects in Saudi Arabia, as reported by the BNC Network. 1 ...

 

Ma'aden

Saudi Ma’aden rebounds to a net profit in 2017, fueled by higher sales

Saudi Arabian Mining Co (Ma‘aden), the Gulf’s largest miner, rebounded to an annual profit in 2017 from a loss in its previous financial year, boosted ...

 

Remittances

SAMA: Expat remittances drop 6.74%

Remittances abroad by expatriates in the Kingdom have dropped 6.74 percent last year compared to the previous year, according to the Saudi Arabian Monetary Authority ...

 

Saad-Al Gosaibi Case

Saudi Arabia steps up efforts to end $22 billion debt dispute

Legal battles over the debts left by Saad Group and Ahmad Hamad al-Gosaibi & Bros Co (AHAB) have dragged on for almost a decade since ...

 

Saudi +

Regional and related topics

Productivity

Region’s productivity gains lag global improvements

Investment in technology, notably AI and robotics, will have a unique impact in the Gulf as expatriates, made redundant by technology, will just depart resulting ...

 

The Changing Wealth of Nations

A new World Bank project shows that wealth, not GDP, is the best gauge of a country’s progress

This week, the World Bank published an ambitious project to measure economies by wealth, to get a more complete picture of a nation’s health, both ...

 

U.S.-Qatar

Qatar Wants to Host US Ships, Expand Air Base For American Families

In an effort to deepen ties with U.S. military, Qatar’s defense minister has laid out plans that would allow the U.S, Navy to base warships ...

 

Etisalat

Most Valuable Brand in the Middle East 2018

Globally, Amazon and Google topped the list, and Etisalat ranked 217th out of the 500 companies evaluated around the world (which is 75 positions higher ...

 

ME Air Traffic

Middle East airline passenger traffic up for 2017 as global demand soars

The International Air Transport Association (Iata) announced Middle East carriers’ traffic increased 6.6 per cent last year over 2016. Capacity climbed 6.4 per cent and ...

 

Syrian Immigrants

DHS lets protected Syrians stay in US another 18 months, newly arrived Syrians shut out

The Department of Homeland Security announced Wednesday night that it will extend humanitarian protected status for the some 6,900 Syrians in the U.S. that already ...

 

Iraq Pollution

The ISIS winter: The environmental impact of Middle East conflict

The report, titled "Living Under a Black Sky," concluded that the armed conflict, which began in June 2014 and ended with the evacuation of ISIS ...

 

Israeli Settlements

U.N. Identifies 206 Companies Linked to Israeli Settlements

The U.N. human rights office said Wednesday that 206 companies — mostly Israeli and American — are facing a review of their business practices involving ...

 

Egypt

Egypt’s Sisi warns opponents as calls to boycott election build

“Be warned. What happened seven or eight years ago, will not happen again in Egypt,” Sisi said, a reference to mass protests in 2011 that ...

 

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