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King Fahd International Airport lines up an airport expansion + new budget carrier
Plus: Dammam Airports signed a design contract with WSP to develop the airport
Saudi housing markets diverge in 1Q as Riyadh slows, Dammam grows
Riyadh’s housing boom is cooling just as a supply wave arrives, while Dammam keeps climbing
Pilgrims start arriving to KSA ahead of Hajj season
Good morning, ladies and gents. We’re less than five weeks away from the Hajj season, and pilgrims have already started…
Dammam is getting SAR 98 bn seaside urban development
The project covers a total of 32 mn sqm
Lifestyle malls, digital adoption drive Saudi retail market
Riyadh leads Saudi retail with 4.17 mn sqm GLA and 2.2 mn more due by 2028
Industrial sector sees double-digit rent growth and near-full occupancy in 1H 2025 -Knight Frank
Demand for modern facilities outpaced the addition of 1.3 mn sqm of space, pushing up rents and occupancy rates
Eastern Province partners with Thai investors for a Global City in Dammam
The project’s first phase is estimated to cost SAR 200 mn
Real estate transactions reach SAR 267.8 bn in 2024
Residential sales hit SAR 164.8 bn
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