{"id":82166,"date":"2024-01-23T00:00:00","date_gmt":"2024-01-23T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2024\/01\/23\/real-estate-accounted-for-12-2-of-non-oil-gdp-in-9m-2023-plus-debt-technology-hospitality-and-construction-news\/"},"modified":"2024-01-23T00:00:00","modified_gmt":"2024-01-23T00:00:00","slug":"real-estate-accounted-for-12-2-of-non-oil-gdp-in-9m-2023-plus-debt-technology-hospitality-and-construction-news","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2024\/01\/23\/real-estate-accounted-for-12-2-of-non-oil-gdp-in-9m-2023-plus-debt-technology-hospitality-and-construction-news\/","title":{"rendered":"Real estate accounted for 12.2% of non-oil GDP in 9M 2023. PLUS: Debt, technology, hospitality, and construction news"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">REAL ESTATE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Real estate accounted for 12.2% of Saudi Arabia\u2019s non-oil GDP in 9M 2023<\/strong>, with the sector employing some 26k individuals in 2023, up 116% y-o-y, Municipal, Rural Affairs and Housing Minister Majid bin Abdullah Al Hogail said at the Real Estate Future Forum yesterday, according to state news agency SPA (<a target=\"_blank\" href=\"https:\/\/www.spa.gov.sa\/en\/N2034091\" style=\"\" rel=\"noopener\">here<\/a> and <a target=\"_blank\" href=\"https:\/\/www.spa.gov.sa\/en\/N2034130\" style=\"\" rel=\"noopener\">here<\/a>). Construction contributed 11.3% of non-oil GDP during the first nine months of the year, according to Al Hogail. Real estate funds currently have a collective SAR 170 bn of assets under management, Capital Markets Authority Chairman Mohammed El Kuwaiz also said at the forum, <a target=\"_blank\" href=\"https:\/\/www.arabnews.com\/node\/2446046\/business-economy\" style=\"\" rel=\"noopener\">Arab News<\/a> reports.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">HOSPITALITY-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Abdul Mohsen Al Hokair Group has landed a SAR 760 mn contract from Alpha Facilities <\/strong><strong>Contracting<\/strong> to provide catering services at an unnamed residential complex in NEOM, it said in <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/!ut\/p\/z1\/04_Sj9CPykssy0xPLMnMz0vMAfIjo8ziTR3NDIw8LAz83d2MXA0C3SydAl1c3Q0NvE30w1EVGAQHmAIVBPga-xgEGbgbmOlHEaPfAAdwNCCsPwqvEndzdAVYnAhWgMcNXvpR6Tn5SZDwyCgpKbBSNVA1KElMSSwvzVEFujE5P7cgMa8yuDI3KR-oyNDCyEA_ODVPvyA3NMIgMyA3XNdREQAfVNTe\/dz\/d5\/L0lDU0NTQ2xDbENRb0tVUW9LVVFvZ3BSQ2lDbEVpUSEhL1lGVUVBQUFJSUVNQ0lFQUtJS0dJR0lPQkpCSk9CRk5GTk9GRERMRExISUVFRFBQQXZBblBNSW9FTUEhIS80SkNpaksyTVhIRUlKU1pDa21vcHlGTk5Relc3V1d6bXA1cmRyTFlMVVVxcU1VQSEvWjdfNUE2MDJIODBPMEhUQzA2MFNHNlVUODFEUTYvWjZfNUE2MDJIODBPMEhUQzA2MFNHNlVUODFESTMvdmlldy9ub3JtYWwvQU5OT1VOQ0VNRU5UX05VTUJFUi83NzkyNy9jb21wYW55U3ltYm9sLzE4MjAvaHR0cDolMCUwdGFkYXd1bCUwL2FubkNhdC8xL2FuSWQvZW4!\/\" style=\"\" rel=\"noopener\">a Tadawul regulatory filing<\/a>. There is no publicly available information about the duration of the contract.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">DEBT-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi Real Estate (Al <\/strong><strong>Akaraia<\/strong><strong>) has renewed and extended a SAR 200 mn<\/strong><strong>shariah-compliant debt facility with Saudi Awwal Bank<\/strong>, it said in <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/!ut\/p\/z1\/jZDLDoJADEW_xQVbWhEQ3WFUjI-IEgPOxgw6jiQwQ3CU-PeOutL46q7tubc3BQIJEEHPGacqk4Lmul8Td-P4LlojD-fB0BrgYtjpLfqDoIkTG-JnAKPQ0UA4a01xiQG6QP7R44fy8beefEWC9ivwJuId-JJhDITnMn38wxdpy-NAKrZnFavMU6XHB6XKY9dAA-u6NrmUPGfmVhYGvpMc5FFB8kzeuJvL3UTRHa1PuVYTvSqpuESXIpX6kI0WQsQElMUqwSwsYk85qe03rsiAICY!\/dz\/d5\/L0lDU0NTQ2xDbENRb0tVUW9LVVFvZ3BSQ2lDbEVpUSEhL1lGVUVBQUFJSUVNQ0lFQUtJS0dJR0lPQkpCSk9CRk5GTk9GRERMRExISUVFRFBQQXZBblBNSW9FTUEhIS80SkNpaksyTVhIRUlKU1pDa21vcHlGTk5Relc3V1d6bXA1cmRyTFlMVVVxcU1VQSEvWjdfNUE2MDJIODBPMEhUQzA2MFNHNlVUODFEUTYvWjZfNUE2MDJIODBPMEhUQzA2MFNHNlVUODFESTMvdmlldy9ub3JtYWwvQU5OT1VOQ0VNRU5UX05VTUJFUi83NzkyNS9jb21wYW55U3ltYm9sLzQwMjAvaHR0cDolMCUwdGFkYXd1bCUwL2FubkNhdC8xL2FuSWQvZW4!\/\" style=\"\" rel=\"noopener\">a disclosure to Tadawul<\/a>. The facility runs for a period of 360 days, with proceeds earmarked for financing letters of credit for the real estate player and supporting its working capital.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">CONSTRUCTION-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Belt Industrial partners with Kidana to build a restroom tower in Mina: <\/strong>Belt Industrial \u2014 a subsidiary of <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/company\/ladun\" style=\"\" rel=\"noopener\">Ladun Investment<\/a> \u2014 has inked a SAR 81 mn project with <a target=\"_blank\" href=\"https:\/\/kidana.com.sa\/en\/home\/\" style=\"\" rel=\"noopener\">Kidana Development<\/a> \u2014 a subsidiary of Makkah Province Development Authority\u202c\u2069 \u2014 to build a 16-floor public restroom at the Jamarat facility in Mina, the parent company said in a <a target=\"_blank\" href=\"http:\/\/tinyurl.com\/ymz5c9d5\" style=\"\" rel=\"noopener\">disclosure to Tadawul<\/a> yesterday. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">TECHNOLOGY-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Al Moammar Information Systems (MIS) has landed a SAR <\/strong><strong>72 mn contract<\/strong> to install an advanced data analysis system at the National Center for Government Resources Systems, it said in <a target=\"_blank\" href=\"http:\/\/tinyurl.com\/yckhyc42\" style=\"\" rel=\"noopener\">a disclosure to Tadawul<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">ENVIRONMENTAL ENGINEERING-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AWPT to establish a new LLC for Riyadh sewage plants: <\/strong>Alkhorayef Water and Power Technologies (AWPT) is setting up a limited liability company for the rehabilitation, operation, and maintenance of sewage treatment plants in Riyadh\u2019s Heet and Al Hayer, it said in a <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/issuer-announcements\/issuer-announcements-details\/!ut\/p\/z1\/04_Sj9CPykssy0xPLMnMz0vMAfIjo8ziTR3NDIw8LAz83d2MXA0C3SydAl1c3Q0NvE30w1EVGAQHmAIVBPga-xgEGbgbmOlHEaPfAAdwNCCsPwqvEndzdAVYnAhWgMcNXvpR6Tn5SZDwyCgpKbBSNVA1KElMSSwvzVEFujE5P7cgMa8yuDI3KR-oyMjAwlC_IDc0wiAzIDfcUVERANGiRfs!\/dz\/d5\/L0lDU0NRa2dwUXBRa0tDbEVLQ2xFS0lLVVFvZ3BSSWshL1lEVUVBQUFJSUVNRUNLSUVBR0lHT0lPSUJKRkpGQkpORE5EQk5MTEhMSFBJRUVMQWdvZ292QXNDQUEhIS80SkNpaksxYkdMamlFRXBNaFNUVVU1Q21tb1pyZHJMWnpVODF1MWxzRnFLVlZHS0EvWjdfNUE2MDJIODBPMEhUQzA2MFNHNlVUODFEUTYvWjZfNUE2MDJIODBPMEhUQzA2MFNHNlVUODFESTMvdmlldy9ub3JtYWwvQU5OT1VOQ0VNRU5UX05VTUJFUi83NzkzNC9jb21wYW55U3ltYm9sLzIwODEvaHR0cDolMCUwdGFkYXd1bCUwL2FubkNhdC8xL2FuSWQvZW4!\/\" style=\"\" rel=\"noopener\">disclosure to Tadawul<\/a> yesterday. The Package 6 Company for Environmental Services \u2014 which will be fully owned by AWPT\u2014 will have SAR 100k in capital.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Real estate funds also currently have SAR 170 bn of assets under management<\/p>\n","protected":false},"author":1,"featured_media":82167,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2564],"tags":[322,320,281,328,323,54,324,10,329,325,326,327,100,330,76,321],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-82166","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-abdul-mohsen-al-hokair-group","tag-al-akaria","tag-al-moammar-information-systems","tag-alkhorayef-water-and-power-technologies","tag-alpha-facilities-contracting","tag-also-on-our-radar","tag-belt-industrial-partners","tag-enterpriseam-ksa","tag-heet-and-al-hayer","tag-kidana-development","tag-makkah-province-development-authority","tag-national-center-for-government-resources-systems","tag-neom","tag-real-estate-future-forum","tag-saudi-awwal-bank","tag-saudi-real-estate","wpautop","entry"],"acf":{"mongo_id":"b07b1da3-653e-411a-8790-1a6d53d0d4e9","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/1\/1939.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Real estate accounted for 12.2% of non-oil GDP in 9M 2023. PLUS: Debt, technology, hospitality, and construction news","related_issue":[82147],"teaser":"Real estate funds also currently have SAR 170 bn of assets under management","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/1\/.285a3770-22dd-4049-afc3-dfad71c65da4.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Real estate accounted for 12.2% of non-oil GDP in 9M 2023. PLUS: Debt, technology, hospitality, and construction news - KSA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/ksa\/2024\/01\/23\/real-estate-accounted-for-12-2-of-non-oil-gdp-in-9m-2023-plus-debt-technology-hospitality-and-construction-news\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Real estate accounted for 12.2% of non-oil GDP in 9M 2023. PLUS: Debt, technology, hospitality, and construction news\" \/>\n<meta property=\"og:description\" content=\"Real estate funds also currently have SAR 170 bn of assets under management\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/ksa\/2024\/01\/23\/real-estate-accounted-for-12-2-of-non-oil-gdp-in-9m-2023-plus-debt-technology-hospitality-and-construction-news\/\" \/>\n<meta property=\"og:site_name\" content=\"KSA\" \/>\n<meta property=\"article:published_time\" content=\"2024-01-23T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1939.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2024\/01\/23\/real-estate-accounted-for-12-2-of-non-oil-gdp-in-9m-2023-plus-debt-technology-hospitality-and-construction-news\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2024\/01\/23\/real-estate-accounted-for-12-2-of-non-oil-gdp-in-9m-2023-plus-debt-technology-hospitality-and-construction-news\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Real estate accounted for 12.2% of non-oil GDP in 9M 2023. PLUS: Debt, technology, hospitality, and construction news\",\"datePublished\":\"2024-01-23T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2024\/01\/23\/real-estate-accounted-for-12-2-of-non-oil-gdp-in-9m-2023-plus-debt-technology-hospitality-and-construction-news\/\"},\"wordCount\":373,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2024\/01\/23\/real-estate-accounted-for-12-2-of-non-oil-gdp-in-9m-2023-plus-debt-technology-hospitality-and-construction-news\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1939.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Abdul Mohsen Al Hokair Group\",\"Al Akaria\",\"Al Moammar Information Systems\",\"Alkhorayef Water and Power Technologies\",\"Alpha Facilities Contracting\",\"ALSO ON OUR RADAR\",\"Belt Industrial partners\",\"EnterpriseAM KSA\",\"Heet and Al Hayer\",\"Kidana Development\",\"Makkah Province Development Authority\",\"National Center for Government Resources Systems\",\"NEOM\",\"Real Estate Future Forum\",\"Saudi Awwal Bank\",\"Saudi Real Estate\"],\"articleSection\":[\"ALSO ON OUR RADAR\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2024\/01\/23\/real-estate-accounted-for-12-2-of-non-oil-gdp-in-9m-2023-plus-debt-technology-hospitality-and-construction-news\/\",\"url\":\"https:\/\/enterpriseam.com\/ksa\/2024\/01\/23\/real-estate-accounted-for-12-2-of-non-oil-gdp-in-9m-2023-plus-debt-technology-hospitality-and-construction-news\/\",\"name\":\"Real estate accounted for 12.2% of non-oil GDP in 9M 2023. PLUS: Debt, technology, hospitality, and construction news - KSA\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2024\/01\/23\/real-estate-accounted-for-12-2-of-non-oil-gdp-in-9m-2023-plus-debt-technology-hospitality-and-construction-news\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2024\/01\/23\/real-estate-accounted-for-12-2-of-non-oil-gdp-in-9m-2023-plus-debt-technology-hospitality-and-construction-news\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1939.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2024-01-23T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2024\/01\/23\/real-estate-accounted-for-12-2-of-non-oil-gdp-in-9m-2023-plus-debt-technology-hospitality-and-construction-news\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/ksa\/2024\/01\/23\/real-estate-accounted-for-12-2-of-non-oil-gdp-in-9m-2023-plus-debt-technology-hospitality-and-construction-news\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2024\/01\/23\/real-estate-accounted-for-12-2-of-non-oil-gdp-in-9m-2023-plus-debt-technology-hospitality-and-construction-news\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1939.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1939.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2024\/01\/23\/real-estate-accounted-for-12-2-of-non-oil-gdp-in-9m-2023-plus-debt-technology-hospitality-and-construction-news\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/ksa\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Real estate accounted for 12.2% of non-oil GDP in 9M 2023. PLUS: Debt, technology, hospitality, and construction news\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#website\",\"url\":\"https:\/\/enterpriseam.com\/ksa\/\",\"name\":\"KSA\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/ksa\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#organization\",\"name\":\"KSA\",\"url\":\"https:\/\/enterpriseam.com\/ksa\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/42482.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/42482.svg\",\"caption\":\"KSA\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/ksa\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Real estate accounted for 12.2% of non-oil GDP in 9M 2023. PLUS: Debt, technology, hospitality, and construction news - KSA","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/ksa\/2024\/01\/23\/real-estate-accounted-for-12-2-of-non-oil-gdp-in-9m-2023-plus-debt-technology-hospitality-and-construction-news\/","og_locale":"en_US","og_type":"article","og_title":"Real estate accounted for 12.2% of non-oil GDP in 9M 2023. PLUS: Debt, technology, hospitality, and construction news","og_description":"Real estate funds also currently have SAR 170 bn of assets under management","og_url":"https:\/\/enterpriseam.com\/ksa\/2024\/01\/23\/real-estate-accounted-for-12-2-of-non-oil-gdp-in-9m-2023-plus-debt-technology-hospitality-and-construction-news\/","og_site_name":"KSA","article_published_time":"2024-01-23T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1939.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/ksa\/2024\/01\/23\/real-estate-accounted-for-12-2-of-non-oil-gdp-in-9m-2023-plus-debt-technology-hospitality-and-construction-news\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/ksa\/2024\/01\/23\/real-estate-accounted-for-12-2-of-non-oil-gdp-in-9m-2023-plus-debt-technology-hospitality-and-construction-news\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Real estate accounted for 12.2% of non-oil GDP in 9M 2023. PLUS: Debt, technology, hospitality, and construction news","datePublished":"2024-01-23T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/ksa\/2024\/01\/23\/real-estate-accounted-for-12-2-of-non-oil-gdp-in-9m-2023-plus-debt-technology-hospitality-and-construction-news\/"},"wordCount":373,"publisher":{"@id":"https:\/\/enterpriseam.com\/ksa\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/ksa\/2024\/01\/23\/real-estate-accounted-for-12-2-of-non-oil-gdp-in-9m-2023-plus-debt-technology-hospitality-and-construction-news\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1939.jpg?fit=%2C&ssl=1","keywords":["Abdul Mohsen Al Hokair Group","Al Akaria","Al Moammar Information Systems","Alkhorayef Water and Power Technologies","Alpha Facilities Contracting","ALSO ON OUR RADAR","Belt Industrial partners","EnterpriseAM KSA","Heet and Al Hayer","Kidana Development","Makkah Province Development Authority","National Center for Government Resources Systems","NEOM","Real Estate Future Forum","Saudi Awwal Bank","Saudi Real Estate"],"articleSection":["ALSO ON OUR RADAR"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/ksa\/2024\/01\/23\/real-estate-accounted-for-12-2-of-non-oil-gdp-in-9m-2023-plus-debt-technology-hospitality-and-construction-news\/","url":"https:\/\/enterpriseam.com\/ksa\/2024\/01\/23\/real-estate-accounted-for-12-2-of-non-oil-gdp-in-9m-2023-plus-debt-technology-hospitality-and-construction-news\/","name":"Real estate accounted for 12.2% of non-oil GDP in 9M 2023. PLUS: Debt, technology, hospitality, and construction news - KSA","isPartOf":{"@id":"https:\/\/enterpriseam.com\/ksa\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/ksa\/2024\/01\/23\/real-estate-accounted-for-12-2-of-non-oil-gdp-in-9m-2023-plus-debt-technology-hospitality-and-construction-news\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/ksa\/2024\/01\/23\/real-estate-accounted-for-12-2-of-non-oil-gdp-in-9m-2023-plus-debt-technology-hospitality-and-construction-news\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1939.jpg?fit=%2C&ssl=1","datePublished":"2024-01-23T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/ksa\/2024\/01\/23\/real-estate-accounted-for-12-2-of-non-oil-gdp-in-9m-2023-plus-debt-technology-hospitality-and-construction-news\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/ksa\/2024\/01\/23\/real-estate-accounted-for-12-2-of-non-oil-gdp-in-9m-2023-plus-debt-technology-hospitality-and-construction-news\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/ksa\/2024\/01\/23\/real-estate-accounted-for-12-2-of-non-oil-gdp-in-9m-2023-plus-debt-technology-hospitality-and-construction-news\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1939.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1939.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/ksa\/2024\/01\/23\/real-estate-accounted-for-12-2-of-non-oil-gdp-in-9m-2023-plus-debt-technology-hospitality-and-construction-news\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/ksa\/"},{"@type":"ListItem","position":2,"name":"Real estate accounted for 12.2% of non-oil GDP in 9M 2023. PLUS: Debt, technology, hospitality, and construction news"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/ksa\/#website","url":"https:\/\/enterpriseam.com\/ksa\/","name":"KSA","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/ksa\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/ksa\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/ksa\/#organization","name":"KSA","url":"https:\/\/enterpriseam.com\/ksa\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/42482.svg","contentUrl":"https:\/\/ent.news\/internal\/42482.svg","caption":"KSA"},"image":{"@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/ksa\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1939.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1939.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/ksa\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1939.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/posts\/82166","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/comments?post=82166"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/posts\/82166\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/issue\/82147"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/media\/82167"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/media?parent=82166"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/categories?post=82166"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/tags?post=82166"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/brand?post=82166"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=82166"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}