Saudi Arabia will build around 1.5 million homes through 2015 in order to accommodate a rapidly rising population that is set to exceed 26 million within the next three years, said a leading developer ahead of a real estate event in Riyadh.
Kuwaiti real estate developer Al Mazaya Holding said on Monday it would add SR23.1 million ($6.16 million) of profit from the sale of a property in Saudi Arabia to its first quarter profits.
The property was sold for SR104.6 million, the c
The Saudi property market offers some of the strongest fundamentals in Gulf and international investors must take a close look at the sector, says a new report from HSBC.
Saudi Arabia is unique in the Gulf in that it has a large and under-