imported 2024-03-17 17:43:07
Dr. Bader al Saedan, CEO of Al Saedan Real Estate, states, “This is the current state of the market. The sector continues to be very vibrant and growing.” Al Saedan, being an international company with projects in Saudi Arabia, Tunisia, and the UK, sees the changes in the market quite satisfying. Dr. Bader continues, “Residential area and land prices are steady.”
Les travaux de construction du pont de Jacqueville sont achevés, a annoncé le Directeur général de l’Ageroute, le mardi 10 mars 2014, au terme d’une visite de chantier.
Le jeudi 15 Janvier 2015, le Président Alassane Ouattara a procédé à l’inauguration du pont de Bouaflé dans la région de la Marahoué, dans le centre-ouest de la Côte d’Ivoire.
Présentation de SIMAT Express, un service de SIMAT spécialisé dans l’envoi des plis et colis à l’international et dans la messagerie urbaine.
Indian engineer giant Punj Lloyd recently signed a half-billion dollar deal for large-scale infrastructure construction in Zliten.
Al Saedan Real Estate – Opening of the Saudi Capital Markets
The Capital Market Authority’s report disclosed the total market capitalization of the Saudi bourse at 1,945.15 Billion Riyals for the first half of 2014, up 29.93% from last year’s second half.
According to Citigroup (Middle East), approximately 60 percent of all real estate projects worth 3.5 trillion dollars underway or in the pipeline in the Middle East are located in Saudi Arabia and the United Arab Emirates.
Amid ample demand from an ever young and ambitious population, property in the oil-rich kingdom is booming. But the run for climatised square meters in the desert adds fuels inflation in the biggest Gulf Arab country.
With the market regulator taking steps to give foreign institutions access to the Tadawul market in Riyadh, banks, fund managers and brokers in the region expect a boon and a boom for Saudi shares and new listings to come.
The Kingdom of Saudi Arabia and oil are some of the oldest synonyms in contemporary history. But the kingdom has more to offer than black gold, and the government in Riyadh is working tenaciously to diversify the economy. “If you compare it by GDP, oil represents 85 percent in Saudi Arabia,” says Abdulrahim Al-Zamil, Chairman of the multi-industry conglomerate Zamil Group.
