In November 2014 a new mortgage law was introduced for loans covering residential real estate transactions in the Kingdom. This imposed a 70% loan-to-value (LTV) rule on residential mortgages.
In November 2014 a new mortgage law was introduced for loans covering residential real estate transactions in the Kingdom. This imposed a 70% loan-to-value (LTV) rule on residential mortgages.
Benefitting from rising incomes and a youthful growing population, Saudi Arabia’s real estate sector has seen steady expansion in the past decade. Although this increase has been more modest than in its GCC neighbours, it is clear that strong demand for residential real estate will continue over the long term thanks to the country’s...
Despite lower government spending, transport infrastructure projects are set to continue in the Kingdom, with increasing opportunities for private sector involvement, whether through privatisation, private contracts or public-private partnerships (PPPs).
In recent years Saudi Arabia has been on a drive to grow its network of ports, as part of what has become a period of transformation for the Kingdom’s port infrastructure. One of the main targets under the national development strategy, Vision 2030, is to replace oil exports with other, mainly petrochemicals, exports, requiring a substantial increase of seaport and logistical...
Saudi Arabia has a landmass of more than 2m sq km, making it the largest country in the Middle East. With a population of 31m and industries and urban centres scattered across the coastline and interior, it has a strong need for an integrated transport infrastructure network with connecting logistics. However, the Kingdom’s geography and...
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