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Gulf Coast Real Estate Development to break ground on Al Khafji coastal development this year
Plus: Alramz secures SAR 500 mn in financing from Al Rajhi
KEC puts another Madinah land parcel into partner-funded development
KEC is extending a model used across two other Madinah projects to monetize its land bank without fronting development capital
REGA leaves door open on more foreign-ownership zones, but won’t say when
REGA said that geographic zones for foreign real estate ownership can expand over time, while outlining rules for Makkah, Madinah,…
KEC extends partnership funding model to its SAR 7.5 bn Knowledge Gardens project
KEC is keeping equity and fees while Fourmen and BSF Capital bring the funding
KEC signs developer-funded agreement for its Multaqa Residences
Alrashid will finance, build, and sell the project, while KEC retains land ownership and shares in the gains
Mapping the real estate foreign ownership zones
Riyadh’s zones are mega-project heavy, Jeddah goes wide, and the holy cities keep it in the faith
Madinah props up contract awards in April
April was the busiest month so far this year by project count
Knowledge Economic City sees growth and resilience in Makkah, Madinah’s real estate sector
New laws opening Madinah to 2 bn Muslims globally could more than double the existing market by capturing just 3%…
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