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Saudi Arabia has announced real estate and infrastructure projects valued at over $1.25 trillion since 2016, with key Giga projects including NEOM and the Red Sea Coast Development.
Jeddah Tower, The world’s tallest building in Saudi Arabia, has resumed construction with the aim of surpassing 1,000 meters in height, which is greater than the Burj Khalifa in Dubai.
Cityscape Global 2023 Unveils $17.3 Billion dollars in Saudi Real Estate projects, including residential towers, resorts, and mega developments, demonstrating the kingdom’s growth in the sector.
Umm Al Qura who are the owners and developers of the new Masar Destination in Holy Makkah and who aim to create 24,000 hotel rooms have just signed an agreement with Scope Properties for the construction of residential towers in Makkah city at a total investment of $240 million. The agreement was signed on the sidelines of the first Cityscape Global exhibition in Riyadh.
The PIF Funded Saudi Real Estate Developer ROSHN announces the MARAFY project in northern Jeddah, which features an 11 km Artificial Canal and aims to house 130,000 residents on completion.
Saudi Arabia Holding Co unveils the plan for the world’s tallest skyscraper Rise tower in Riyadh, beating the Burj Khalifa. The Plans for Rise Tower were revealed as part of the North Pole Project in Riyadh
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