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According to a survey by the Global Property Consultancy Firm Knight Frank, the new premium residency visa options available in Saudi Arabia have increased home ownership interest amongst expats to 77%.
A fascinating report by the Global Property Consultancy Firm, Knight Frank has revealed demand for property ownership in The Holy Cities of Makkah and Madinah amongst Global Muslim High Net Worth Individuals.
The New Murabba Development Company and Saudi Arabia’s Tourism Development Fund have partnered to develop the New Murabba, which is due to be the world’s largest downtown in Riyadh.
The Royal Commission for AlUla has unveiled the plan for a new stunning Real estate development in South AlUla called Sidrat AlUla.
The PIF owned Real estate developer ROSHN has laid the foundation stone for its groundbreaking MARAFY project in Jeddah.
The Riyadh Sports Boulevard is planned to be the world’s longest linear park and aims to connect the Wadi Hanifa in the West of Riyadh to the Wadi Al Sulai in the far East of Riyadh along a total distance of 135km.
Saudico, a leading construction firm in Saudi Arabia, has secured a $186 million contract from Diriyah Company to construct the luxurious Ritz-Carlton Residences in Diriyah. The contract was awarded at the PIF Private Sector Forum held in Riyadh.
The Rua Al Madinah Holding company signed $79.9 million in contracts at the 2nd edition of the PIF Private Sector Forum held in Riyadh.
The new Jeddah Central destination, which aims to make Jeddah a global tourist destination has got one step closer to reality with the Jeddah Central Development Company awarding $3.2 billion in contracts for Phase One of the development.
Travelers to the Holy City of Makkah can anticipate more luxury accommodations with the Jabal Omar Development Company securing clearance from The Ministry of Tourism to open the second tower of the new 5-Star Jumeirah hotel.
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