Real estate developers in Saudi Arabia are set to benefit from strong demand for properties, underpinned by the population growth and home-ownership targets under the government s Vision 2030 programme, according to a report by S&P Global Ratings.
RIYADH: Saudi master developer Emaar Economic City’s losses for the first nine months of 2022 deepened by 15 percent to SR627 million ($167 million) from SR545 million during the same period last year, according to a bourse filing. The Public Investment Fund-backed developer reported the losses due to high provisions and revenue tanking 12 percent to SR227 million between
Eng. Abdullah Al-Swaha, Minister of Communications and Information Technology, said on Wednesday that Saudi Arabia will manufacture and export more than
JEDDAH: As global supply chain companies are finding ways to tackle the worst maritime congestions, the world’s most efficient port is emerging as a safe harbor to unclog the worldwide logistics pressures. King Abdullah Port recently reached a milestone of handling 15 million twenty-foot-equivalent in a record time of under nine years since its container terminal operations