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Multinationals face leaner times as China’s growth slows
Consumer confidence remains low amid job and real estate markets that still have not recovered from the covid-19 pandemic
It’s PMI day
PLUS: Saudi embassy in Beirut warns citizens to leave the country
Residential real estate prices ticked up again last quarter, as commercial prices remained unchanged
Apartment prices rose 2.9% y-o-y in 2Q 2024
Monsha’at launches a real estate accelerator
PLUS: Saudi lists a new archeological site with the UNESCO
Embraer could help Saudi localize aircraft manufacturing, assembly
Riyad Bank’s launches banking sector’s first specialized AI center
Diriyah awards USD 2.1 bn Wadi Safar contract
Diriyah is developing the ancestral home of the royal family at a cost of USD 63 bn
Demand for Riyadh office space surges despite rising rents and high occupancy rates -Savills
Grade A offices remained 98% occupied last quarter.
Housing Ministry rolls out new building regulations
To boost urban development across local cities as per the Saudi Building Code
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