“Although further effort is needed for Saudi Arabia to become a transparent market, there remains strong political will to continue implementing positive reforms to its economy and the real estate market in particular.”
-Dana Salbak, Head of Research, MENA, JLL. The company recently released its 2019 Year in Review report for Saudi Arabia which found the Kingdom “has witnessed rising transparency over the past three years and the government will continue to work towards improving market transparency.” [jll-mena.com]