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Saudi Arabia's real estate plans leading the world in innovation

RIYADH: Setting the tone for the shape of things to come, 2023 began on a high note for the real estate industry with deals worth more than SR10 billion ($2.66 billion) signed on the opening day of the Real Estate Future Forum, which was held in Riyadh from Jan. 23-25. The strong start to the year comes in the wake of a report published by PwC Middle East in December which ....

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Saudi starts phase 2 land program to increase housing supply in its metropolis

RIYADH: Saudi Arabia has started the second phase of its Idle Lands Program in the metropolis of Makkah, Jeddah and Dammam metropolises to increase housing supply in the market, Chief Idle Lands Program Officer Abdulhamid Al Hammad told Alarabiya. This phase, which will also expand its scope in Makkah, focuses on lands within neighborhoods of 10,000 meters or more, or 10,000 ....

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