Saudi Arabia Stories

List of all articles filed under “saudi-arabia-stories” category.

How Al-Khobar Became the Industrial, Commercial, Tourism and Recreational Hub of the Eastern Province

Al-Khobar is one of the three main cities in the Eastern Province of Saudi Arabia. It is located along the western coast of the Arabian Gulf, and is part of the ‘Triplet Cities’ area, along with Dammam and Dhahran, forming the residential core of the region. In time, Al-Khobar has become the industrial, commercial, tourism and recreational hub of the Eastern Province.

Residential and Commercial Real Estate in Saudi Arabia and the GCC: Overview and Trends

The GCC will be one of the fastest regions to grow in 2022 at an estimated 5.2%. With many countries in the region focusing on diversification of industries and different social programs, other sectors, such as real estate, are also expected to see recovery and booms in the coming quarters. Saudi Arabia is expected to have the highest demand for housing units among the Gulf Cooperation Council by 2022, with 3.95 million housing units.

Vision 2030 to Diversify the Economy of Saudi Arabia: The Largest Economy in the Middle East

The economy of Saudi Arabia is the largest economy in the Arab world and the Middle East. The standard of living is one of the highest in the Middle East, with a GDP per capita of over $ 20,000. The far-reaching public works policy undertaken by the authorities, together with foreign direct investment and the strength of the financial and banking system, have enabled the country to become the number one regional economy and one of the largest in the world.

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