Latest News for: Estate saudi

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Saudi eateries give tough competition to foreign outlets

Arab News 07 Dec 2021
More than two-thirds of Riyadh’s new restaurants are Saudi, dwarfing American and Lebanese influenced eateries, according to a report from real estate firm Knights Frank. The Saudi capital has seen the birth of 288,000 square meters of new developments since 2016, when the National Transformation Plan was announced, the research says.
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Fraternal Saudi-Omani ties in focus as Muscat prepares to welcome Crown Prince Mohammed bin Salman

Arab News 06 Dec 2021
Sultan Haitham’s visit to Saudi Arabia produced promises of cooperation in different fields, notably real estate development, tourism, petrochemicals, manufacturing industries, logistics, information technology and banking systems ... • SR 24bn ($6.4bn) total Saudi investments in Oman ... • SR2bn Saudi-Omani trade volume in first quarter of 2021.
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American, Lebanese restaurants lag behind home-grown eateries in Riyadh’s lifestyle boom

Arab News 06 Dec 2021
More than two-thirds of Riyadh’s new restaurants are Saudi, dwarfing American and Lebanese influenced eateries, according to a report from real estate firm Knights Frank. The Saudi capital has seen the birth of 288,000 square meters of new developments since 2016, when the National Transformation Plan was announced, the research says.
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500 Global and Sanabil unveil 11 startups

Gulf Daily News 05 Dec 2021
The finalists in Batch 2 are working to address solutions in a diverse range of sectors, including fintech, ecommerce, NFT, health tech, and real estate tech. More than 60% have their main operations in Saudi Arabia or have a founder ... NFT marketplace for creatives in Saudi Arabia.
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Prince Charles: I’ll help police with investigation into billionaire donor’s honour

The Times/The Sunday Times 04 Dec 2021
However, Charles, 73, could be a key witness, having held private meetings with Mahfouz at his London residence, his Scottish estate and the British embassy in Saudi Arabia.
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Who’s Who: Muteeb Al-Sulaimani, general director at the General Real Estate Authority

Arab News 04 Dec 2021
Muteeb Al-Sulaimani is currently working in the General Real Estate Authority as general director of partnerships and business development, a role he has held since August 2019. He established the Saudi Real Estate Arbitration Center in 2019 ... Committee in the real estate sector.
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Aljazira Takaful raises capita, Red Sea International and Baker Hughes sign deal: Pre-market wrap

Arab News 01 Dec 2021
Saudi Arabia's stock market traded higher this morning even as concerns about the new omicron COVID-19 strain persisted ... Saudi’s parallel market Nomu almost flat as it's down by 0.13 percent ... 30, the company said in a statement on Saudi Stock Exchange, Tadawul ... The Saudi Exchange announces that the fluctuation limits for Aljazira Takaful Taawuni Co.
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Soudah Development joins United Nations World Tourism Organization

Arab News 01 Dec 2021
Soudah Development, a closed joint-stock real estate development company owned by the Public Investment Fund of Saudi Arabia, became an affiliate member of the World Tourism Organization – the United Nations agency responsible for promoting tourism as a key driver of economic growth and environmental sustainability, it said in a statement.
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Real estate loans to retail customers up 7.3% in Q3: Saudi Central Bank

Arab News 29 Nov 2021
Real estate loans made to Saudi individuals increased by 7.2 percent to hit SR412.6 billion ($110 billion) in the third quarter of this year, data from the Saudi Central Bank showed. Saudi banks lent SR533.4 billion in real estate loans ...
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Knight Frank names Dubai residential property market head

Gulf Daily News 28 Nov 2021
Knight Frank established its Middle East operations 12 years ago and from its strategically positioned offices in Dubai and Saudi Arabia, provide integrated residential and commercial real estate transaction, consultancy and management services to its clients, who range from ...
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Trump's son-in-law Jared Kushner is reportedly trying to raise capital for his investment firm by ...

The Daily Mail 27 Nov 2021
Kushner has reached out to leaders in Saudi Arabia, Qatar, the United Arab Emirates and other Persian Gulf states to try and get backing for Affinity Partners, Kushner's new company, according to The New York Times ... However, Kushner has purportedly found interest from Saudi Arabia and the kingdom's $450 billion Public Investment Fund.
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Saudi Real Estate Development Fund provides $8bn to help Saudis own homes

Arab News 24 Nov 2021
Saudi Arabia’s Real ... Mansour bin Madi, the CEO of the fund, said that the total support for this month was allocated to the profits of subsidized real estate financing contracts, Saudi Press Agency reported.
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IHG signs agreement for 11th property in Riyadh

Gulf Daily News 23 Nov 2021
IHG Hotels & Resorts has signed a management agreement with Al Aqeeq Real Estate Development Company, a wholly owned subsidiary of Taiba Investments for Crowne Plaza Taiba Riyadh, marking its 11th property in the Saudi capital ... marking its 11th property in the Saudi capital.
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Who’s Who: Ibrahim Al-Sheikh, chairman of the National Industrial Committee of the Council of Saudi Chambers

Arab News 23 Nov 2021
As chairman of the board of directors of Al-Sheikh Industrial and Commercial Group, he founded several successful companies, including Saudi Call Trading Co., Abreez Real Estate Co., Mawad Drilling, the Khobar Gate Tower and a joint stock company in cooperation with Saudi Aramco.
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Oman seeks Gulf help to shore up economy as sultan visits Qatar

The Arab Weekly 23 Nov 2021
During his visit to Saudi Arabia, he is said to have obtained promises of cooperation in various fields, most notably real estate development, tourism, petrochemicals, manufacturing industries, logistical partnership, information technology and finance. Saudi Arabia also discussed setting up an industrial zone in the Special Economic Zone in Duqm.
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