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Riyadh might be getting a new SAR 2 bn multi-use tower
A Concrete Plus and Zahran Holding partnership will oversee construction
Competition for the world’s uber-wealthy is heating up as European parties clamp down on tax benefits
A record 128k mn’aires are forecast to relocate this year
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
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.
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