It s boom time for residential market in Saudi capital Riyadh with an ever increasing demand for affordable housing units despite the slowdown - mainly driven by a large and growing population, coupled with rising urbanisation, said an industry expert.
RIYADH: The Saudi Arabian capital has long been seen by international bankers and executives as a place to visit for work, before weekending elsewhere in the region. However, that is about to change as the Saudi capital is not only fast transforming into a global and regional hub of business activities, it is also becoming a center of entertainment facilities and fun-filled