High-net-worth Muslims eye $2bn real estate investment in holy cities: survey

RIYADH: Saudi Arabia’s real estate market is set for an upswing as high-net-worth Muslim individuals plan to invest $2 billion in Makkah and Madinah properties, a recent survey indicated. The survey was conducted by Knight Frank, a global property consultancy, and published in the firm’s inaugural Destination Saudi report. It found that among the individuals … Read more

Closing Bell: TASI climbs 62.19 points as trade volume hits $2bn

World Defense Show sees Saudi officials engage in multitude of meetings, agreements RIYADH: Senior Saudi officials have conducted multiple meetings with high-ranking representatives from various countries on the sidelines of the ongoing World Defense Show in Riyadh.  Saudi Defense Minister Prince Khalid bin Salman met with his British counterpart Grant Shapps on Feb. 4 during … Read more