First Avenue creates fund to invest in the education sector in KSA

First Avenue for Real Estate Development Company has announced it has signed an agreement with SNB Capital, Dar Al Majed Real Estate...

Property

Umm Al Qura launches Masar Gardens in Makkah

Umm Al Qura has announced the unveiling of Masar Gardens, a mixed-use urban destination in Makkah featuring residential, commercial, hospitality, and public-use...

Financial

SAB and Retal launch US $502mn fund for Saudi project

SAB Invest has joined hands with Retal Urban Development Company for the launch of a CMA-regulated real estate investment fund valued a...

Industry News

Saudi introduces new property purchase requirements for foreign companies

Saudi Arabia’s Ministry of Investment has introduced new requirements for non-resident foreign companies interested in purchasing property in the Kingdom without engaging...

Construction

PIF and TMG to develop key Saudi projects

Saudi Arabia's sovereign wealth fund PIF and Talaat Moustafa Group Saudi for Real Estate Development (TMG) have signed a MoU to explore...

Infrastructure

OHL Arabia and Hassan Allam JV win Dammam Industrial City rail link project

OHL Arabia and Hassan Allam Construction Saudi Limited Co have jointly been awarded a contract by Saudi Arabia Railways (SAR) to execute...

Construction

Gensler completes 25,000sqm workplace in Riyadh

Gensler has completed a 25,000sqm workplace for a professional services client in Riyadh, Saudi Arabia. Nestled in Laysen Valley, the 12-story project...