Saudi Arabia’s residential property prices remain resilient despite softening transactions figures in the third quarter of the year. In the year to Q3 2023, the total number of residential transactions totaled 61,473, equating to a total value of SAR45.9 billion ($12.2 billion), according to leading real estate specialist CBRE. In the year to Q3 2023, the total number of residential …
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LIV Golf announced that it has moved its season-ending championship from Saudi Arabia to the United States. Originally scheduled for the first week of November in Jeddah, LIV Golf’s $50 million championship will now be played in late October outside of Miami at Trump Doral, which hosted the inaugural LIV Golf team championship last season. The Jeddah event will remain …
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Sam Jamsheedi and Faisal Bouzo: The driving forces behind Saudi-Australian trade relations In the evolving landscape of Saudi-Australian trade relations, Sam Jamsheedi has emerged as a pivotal figure in fostering stronger economic ties between the two nations. Jamsheedi, Founder of Trademark Group — a community of businesses sharing investment opportunities, ideas, and relationships for those looking to expand abroad. Trademark …
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MAKKAH: The Ministry of Justice’s recent announcement licensing 15 foreign law firms and reviewing 15 other applications for practicing law in the Kingdom has paved the way for a broad legal practice to ensure justice and uphold high standards. The decisions follow an influx of international companies seeking to establish their headquarters in Saudi Arabia. The ministry explained that licenses …
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Property technology can drive Saudi economic growth through the roof One of the active sandboxes is at the Saudi Central Bank, also known as SAMA. (Supplied) Amid the dunes and soaring skylines of Saudi Arabia, a digital renaissance is underway — a transformation that is reshaping property and facility management and propelling the nation’s economy into a new era of …
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RIYADH: The 7th edition of the Future Investment Initiative summit is set to unite 5,000 delegates and offer insights from 500 distinguished speakers across a spectrum of critical sectors. To be held under the theme “The New Compass,” the event will be held in Riyadh from Oct. 24 to Oct. 26. The FII Institute is a worldwide nonprofit organization with …
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Newcastle is changing. It is happening on the pitch — from rock bottom to the Champions League, matches at the San Siro and Parc des Princes, meting out 4-1 thrashings to European heavyweights. It is happening at St James’ Park — exploratory conversations to expand the stadium, Strawberry Place back in club hands with planning permission granted for a fan …
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By Ethan Griffiths, Open Justice multimedia journalist, Wellington of A tenant working as a Foreign Affairs staffer raised security concerns upon learning that a Saudi Arabian government entourage was to view his home. (file image) Photo: 123RF “Two planeloads” of Saudi Arabian government officials were on their way to Wellington to view three properties that were on the market, but …
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