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Saudi Arabia's Crown Prince Mohammed Bin Salman said he will try to halt an “unacceptable” increase in property prices, highlighting the kingdom's concerns about a soaring real estate market and its impact on people's living costs....
Shares in Saudi Arabian developer Dar Al Majed Real Estate Co. rose in their first day of trading, signaling renewed momentum for newly-listed companies after a series of choppy debuts....
Saudi Arabia has launched its first residential mortgage backed securities in a move designed to boost liquidity and encourage more bank lending to drive the kingdom's economic transformation program....
Saudi Arabia's residential property market is shifting geographically, with the holy city of Madinah recording the strongest growth in the kingdom during the first half of 2025, according to real estate consultancy Knight Frank....
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,......
Shares of Saudi property companies got a strong boost after the kingdom approved a new law that will lead to the creation of designated zones where foreigners are able to own property....
Faisal Durrani, Partner & Head of MENA Research at Knight Frank speaks with Bloomberg TV's Joumanna Bercetche on the Horizons Middle East and Africa show about first-time home buyer demand in Saudi Arabia and his outlook for the property market in the kingdom. (Source: Bloomberg)...
Saudi Arabia faces growing challenges in its residential real estate market as soaring prices and high borrowing costs cool appetite for home ownership, according to the real estate consultancy Knight Frank....
Umm Al Qura for Development & Construction Co., the Saudi Arabian firm behind one of the largest projects in the Muslim holy city of Mecca, plans to proceed with an initial public offering on the country's main stock exchange....
Saudi Arabia said it will begin allowing foreigners to invest in publicly-traded companies owning real estate in the holy cities of Makkah and Madinah as the kingdom looks to draw in more overseas investment....