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Saudi Arabia s real estate activity drops 53 7% in the first week of 2023

RIYADH: Saudi Arabia’s real estate activity has witnessed a 53.7 percent drop during the first week of 2023, as a result of weak liquidity flows due to the high interest rates. The trend continued from the last week of 2022 when the Kingdom’s real estate activity plunged 1.8 percent bringing the total value of market transactions to a level below SR2.1 billion ($558 million),

Government initiatives aim to increase home ownership in KSA: PwC Middle East report

RIYADH: Ongoing initiatives implemented by the government, including access to finance and regulations standardizations, are reforming the housing market and improving access for Saudi families, according to a report from PwC Middle East. Saudi Arabia’s housing demand stood at 99,600 houses in 2021 and is expected to increase by more than 50 percent to reach 153,000 houses by

GCC fintech hubs must build on billion-dollar momentum

Sustainable fintech growth will boost financial services and the GCC’s overall ambitions of economic diversification and increased innovation, according to Strategy&, Middle East, part of the PwC network.

Middle East firms post strong post-pandemic rebound: study

Hopes and fears of the employees across Qatar

Employers in Qatar are addressing many aspects to retain and develop their highly talented workforce, however there are still changes organisations can make to

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