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07.01.26 - 08:36
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Saudi Arabia Moves to Open Property Market (Bloomberg)
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Saudi Arabia is moving to open its real estate market to foreign buyers, a shift designed to unlock new capital and support a construction boom as the kingdom looks to diversify its economy. Bloomberg's Zainab Fattah told Joumanna Bercetche on Horizons Middle East and Africa that the change could draw international investors into housing projects worth hundreds of billions of riyals. (Source: Bloomberg)...
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04.08.25 - 03:30
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Is Saudi Arabia the next Dubai for Hong Kong and mainland property investors? (SCMP)
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Saudi Arabia could replicate the success of Dubai in attracting foreign property investors, including those from Hong Kong and mainland China, following the kingdom's relaxation of homebuying rules, according to experts.
A new law approved by the kingdom last month is set to allow non-Saudis to buy real estate in designated zones. The law will take effect in January.
“Saudi Arabia can absolutely succeed at making itself a major destination for investment and residency,” said Kashif Ansari,......
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