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Real Estate News Alert.

Real Estate News Alert is a roundup of the most recent news that gets updated daily to keep you always up to date on the world's most attractive projects in the real estate market from the UAE (Dubai, Abu Dhabi, Umm Al-Quwain, Ajman, Ras Al-Khaimah, Sharjah and Fujairah) and sometimes from the GCC or other countries and from various news sources.


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Friday, September 19, 2008

Saudi Construction Projects in Excess of $460 Billion

Projects in excess of $460 billion (SAR1,725 billion) are currently underway in Saudi Arabia, placing the Kingdom on the verge of an unparalleled construction boom, says a report by National Commercial Bank.

This value figure, however, is a moving target, as projects are announced, rescoped or cancelled on a daily basis. Nonetheless, expectations are for more projects to enter the pipeline, it adds. ...

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