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Cabinet greenlights foreign ownership rules
Good morning, all. We lead today’s issue with M&A news after local restaurant management Foodics acquired Greek hospitality analytics startup…
Al Rajhi and Osus partner to accelerate Makkah redevelopment
Al Rajhi and Osus will invest SAR 1 bn in three residential towers located within Makkah’s Masar Destination
Construction index crosses back into growth territory in May
The headline seasonally adjusted index rose to 51.2 from April’s 48.5
Saudi awards SAR 1.9 bn worth of real estate projects to Chinese players
The agreements aim to boost implementation efficiency, accelerate completion, and improve the quality of residential projects
Alramz, Assayel go in on SAR 370 mn real estate fund, 3 years to go for our rail link with Turkey
Saudi and Turkish railway operators are looking to cooperate on rail infrastructure
From offices to warehouses, real estate needs more room
New supply is coming, but Saudi Arabia's office and logistics markets remain short on space, while the residential sector undergoes…
Developers double down on Syria reconstruction, Makkah redevelopment
Abyat rolls out USD 2 bn worth of developments in Syria, and AlRajhi launches another mega development in Makkah
Real estate developer MSGA is heading to Nomu
The developer will float 10% of its stakes in the parallel market
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