imported 2024-03-17 17:43:07
Dr. Bader Ibrahim Ibn Saedan, General Manager of Al Saedan Real Estate, discusses land issues in the country. The government in Saudi Arabia, with the authorization from the King, gives land to the people or to the government for public projects. Transferring land is a freehold transfer of ownership. GCC citizens can buy in Saudi Arabia with regulations, except for Mecca and Medina, which can only be sold to Saudi Arabians.
Dr. Bader Ibrahim Ibn Saedan, General Manager of Al Saedan Real Estate, describes housing in Saudi Arabia. He states that the country “lacks hotels.” He sees many hotels being constructed at the moment, including 5-star and 4-star hotels. The market will be saturated in about two years.
“The SCCT is a true success story for Egypt… There is no other container terminal on the Suez Canal on the Mediterranean end able to handle very large container vessels. Therefore, our main competitive advantage is our prime location. There are facilities close by on the Mediterranean but we stand out because of our size,” explains Klaus Holm Laursen, CEO of Suez Canal Container Terminal (SCCT).
Though coming out of a challenging period Egyptian industry is showing marked signs of a steady recovery. Industry is the second largest sector in the Egyptian economy and accounts for nearly 40 percent of GDP.
Subsidy cuts, new taxes and “bitter pills” were introduced to enable a smoother recovery of Egypt’s economy.
Ahmed A. Kashadah, Managing Director of Libya Africa Investment Portfolio (LAP), talks about investment opportunities in Africa.
Al Saedan Real Estate is one of the leading real-estate companies in Saudi Arabia.
To the average American or even European business person, one of the most remarkable developments, not only in Cote d’Ivoire but throughout much of the developing world, is the work of the Aga Khan Development Network (AKDN).
