National Housing Co. signs contracts worth $533m to build 3,800 residential units in Saudi Arabia

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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

Al-Ahsa Municipality issues 2,928 licenses to establish residential units in 2023

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RIYADH: Saudi Arabia has secured the second rank among G20 nations in the International Telecommunication Union’s 2023 index to monitor information and communication technology worldwide.  According to ITU’s Information and Communication Technology Development Index, the Kingdom scored 94.9 points, advancing 10 spots over last year and reigning higher than the global average of 72.8.   … Read more

China starts erecting temporary housing units after earthquake destroys 14,000 homes

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TURKMENBASHI: On the Caspian Sea coast in Turkmenistan, Batyr Yusupov can no longer ferry his passengers between two ports. There is not enough water. “I used to go between Turkmenbashi and Hazar,” the 36-year-old ferry worker said of the ports separated by a small gulf on Turkmenistan’s coast.“But we haven’t been able to go there … Read more