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Real estate transactions reach SAR 267.8 bn in 2024
Residential sales hit SAR 164.8 bn
Lazurde’s net income falls 62% in 2024 + Jahez, Arabian Shield, Saco post full-year earnings
ALSO: Fourth Milling’s net income grew 19.7% in 2024
Saudi real estate grows as investment heads to SAR 388 bn by 2030
The growth is driven by growing demand and major development projects
SNB offloads SAR 3.4 bn mortgage portfolio to Saudi Real Estate Refinance
The move aims to fuel growth in the local housing market
Homeownership aspirations may be a distant dream for many in Saudi Arabia
Rising prices and borrowing costs are the driving force
Saudi Arabia captures 14% of GCC real estate market, up 47% y-o-y
Saudi real estate transactions hit USD 75.7 bn in 2024
Al Babtain closes SAR 622 mn transmission towers contract
ALSO, Balady Poultry awards EUR 7 mn poultry waste treatment contract
SRC to list USD 2 bn sukuk on the London Stock Exchange
Offering was 6x oversubscribed by 300 investors
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