List of all articles filed under “saudi-arabia-real-estate” category.
Asim Al Harthi, Chief Commercial Officer of Ajdan, gives an overview of the company. Ajdan is a lifestyle mixed use developer focused on creating destinations in Saudi Arabia.
Mohammed Al Otaibi, CEO of Ajdan, talks about lifestyle destinations in Saudi Arabia. According to him, lifestyle development solutions are part of the natural growth and evolution of the real estate development market in Saudi.
That is a very difficult question. We talk about numbers and it is not clear what the right number is. Right now it is a different story, there are some journalists or activists that claim that there are one million units available i.e. one million units not occupied.
Yasser Abu Ateek, CEO of Dar Al Tamleek talks about the main priorities for the housing sector in Saudi Arabia.
Total volume of mortgages to GDP in Saudi Arabia is less than 5%, whereas in the developed countries the ratio is 70% to 80%. Yasser Abu Ateek, CEO of Dar Al Tamleek talks about the mortgage industry in Saudi Arabia.
Yasser Abu Ateek, CEO of Dar Al Tamleek talks about the outlook for mortgage industry in Saudi Arabia.
Yasser Abu Ateek, CEO of Dar Al Tamleek explains the structure of Saudi Arabia’s mortgage industry.
The Islamic finance industry has evolved in the direction of complying with the conventional system. Islamic finance industry has to rethink its philosophy. The latest trend in the industry is the emergence of innovations from Islamic institutions that are derived from the principals of the Islamic finance philosophy, not from the motive of providing solutions or mimicking the conventional finance systems.
The real estate sector is regarded one of the dynamic sectors in development, it is a target sector for all community segments and a safe channel because it depends on a set of pillars that depend on the strength of KSA economy, and the urgent demand for housing units. Now we can see that the percentage of KSA youth under age of 30 is about 70% of population, accordingly all those youth need houses. According to the recent statistics, the demand for housing units in the KSA is more than 200,000 housing units per year.
Hamad A. Al Showair, Managing Director of Hamad Al-Showair Group talks about the real estate sector in Saudi Arabia.
