Tharwat for Financial Securities participates in Restatex Riyadh Real Estate Exhibition 2024

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Gulfood to lead the way on where the F&B industry goes next, driving investment, competitiveness and growth The largest ever edition of Gulfood, the benchmark event for the global F&B community kicked off on Monday at Dubai World Trade Centre, opening its doors to 150,000 attendees from 190 countries.  With an estimated $12 billion in … Read more

Dubai real estate market soars amid record residential transactions in 2023: report 

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RIYADH: Foreign investment in Saudi Arabia’s financial market has reached SR400 billion ($106.6 billion), comprising 12 percent of tradable shares, revealed a top official.  The Kingdom, relatively late to open its stock market, the Saudi Stock Exchange, also known as Tadawul, to foreign investors, made this significant move in 2015, setting itself apart in the … Read more

Saudi-Egyptian alliance to execute real estate projects worth $1bn in the Kingdom 

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Dubai real estate market soars amid record residential transactions in 2023: report  RIYADH: Dubai’s real estate market experienced robust growth in 2023, reaching an all-time high with residential transactions totaling 118,993 units, a report from CBRE revealed.  The report highlighted a 29.6 percent year-on-year increase in deal volumes, driven by growth in both the off-plan … Read more

Foundation stone laid for Saudi real estate developer’s Jeddah gigaproject

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Saudi Media Forum embodies ambitious vision for enhancement and development, experts say RIYADH: Media experts have stressed the importance of the third Saudi Media Forum, which will be launched in Riyadh on Feb. 19. The forum embodies an ambitious vision to continue strengthening and developing the media sector in the Kingdom. The forum will include … Read more

Invest Saudi gears up to lead high-level delegation to world’s top real estate event

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RIYADH: Achieving global power security is everyone’s responsibility, according to Saudi Energy Minister Prince Abdulaziz bin Salman.  Speaking at the International Petroleum Technology Conference in Dahran on Feb. 12, the minister said that the Kingdom is continuously working toward ensuring market stability.  He added that Saudi Arabia has significant surplus oil production capabilities. “We are … Read more

Gulf real estate sector poised for growth in H1 2024: Markaz Report 

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CAIRO: Saudi Arabia’s entrepreneurial landscape is bustling with innovation, as startups across the Kingdom are leading a digital revolution in various sectors. Among these, the healthcare industry stands out as a primary focus, with a significant influx of technology firms dedicated to enhancing the sector’s efficiency and accessibility. In an interview with Arab News, Prince Mohammed … Read more

SNB Capital Co., Al-Shegrey Investment Group launch $266m real estate fund 

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RIYADH: Saudi Arabia’s strategic location at the crossroads of multiple continents, coupled with its abundant natural resources, has allowed the nation to garner a position of “influence” within the global military industry, said the governor of the General Authority for Military Industries. Ahmed Al-Ohali was speaking at the inauguration of the World Defense Show in … Read more

Saudi banks extend real estate loans to $200bn in Q3 of 2023

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UK fintech delegation to visit Saudi Arabia amid ‘exciting’ sector developments RIYADH: A 30 strong delegation of UK fintech companies and investors is heading to Saudi Arabia to capitalize on the Kingdom’s financial services reforms. The mission, organized by the Saudi British Joint Business Council, will cover a three-day programme in Riyadh, and runs from … Read more

Over 50 deals worth $26.6bn sealed during Real Estate Future Forum

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RIYADH: Private sector investments in Saudi Arabia’s Diriyah project have reached SR22.50 billion ($6 billion), as the Kingdom continues its tourism push, said a top official. Jerry Inzerillo, CEO of Diriyah Gate Development Authority, said that major investments in the heritage site are happening in the hotels, restaurants, retail, and residential sectors. According to Inzerillo, … Read more

Saudi real estate funds hit $45.3bn in Q3 of 2023

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RIYADH: Saudi Arabia’s Advanced Air Mobility initiative is poised to revolutionize the Middle East’s aviation sector, establishing the Kingdom as a leader in sustainable technologies.  Spearheaded by the General Authority of Civil Aviation, it encompasses a range of solutions, from unmanned aircraft systems to vertical take-off and landing aircraft. These advancements prioritize safety, reliability, and … Read more