Investments into Real Estate Companies Trading on Saudi Stock Market

“If you look at the liquidity (petrodollars) which is coming into the country, it’s huge. This liquidity must find some channels to go into. Real estate went up in a very substantial way,” says Abdullah Saud Al-Rashoud, CEO of Blominvest Saudi Arabia.

“The real estate went up multiple times and the stock market now is the other channel. There is spillover into the stock market. People are now going to the stock market, in particular to some of the real estate companies that are trading on the stock market.”