As part of preparations for the fifth edition of the Real Estate Future Forum, taking place in May 2025, Forum officials met in London with Baroness Theresa May, former Prime Minister of the United Kingdom and member of the House of Lords. The meeting was held during an international tour aimed at...
BEYOND Developments, the bold and design-led real estate developer shaping next-generation waterfront destinations in the UAE, today unveiled SIORA, its first beachfront masterplan on Dubai Islands and the company’s second large-scale community within a year. The launch underscores BEYOND’s...
JLL said that growth in Saudi residential property prices has slowed and, in some cases, declined following a period of strong expansion, particularly in the capital, Riyadh. In a report, JLL noted that other markets recorded strong demand accompanied by continued price increases,...
US President Donald Trump signed an executive order to block state-level artificial intelligence (AI) regulations, aiming to establish unified federal standards and giving the Department of Justice authority to penalize states that impose rules deemed restrictive for the...
Saudi Arabia’s Ministry of Industry and Mineral Resources issued 95 new industrial licenses in October, while 81 factories began production during the same month. The newly licensed projects represent investments exceeding SAR 2.4 billion and are expected to create more than 942 jobs across...
Wahdan Al Kadi, CEO of the Events Investment Fund (EIF), said that the fund plans to develop 20 projects in Riyadh and Jeddah at a total value of SAR 8 billion over the next five years. Speaking to Al-Eqtisadiah on the sidelines of the Development Finance Conference (MOMENTUM) in...
Saudi Arabia’s Ministry of Human Resources and Social Development (HRSD) has rolled out national initiatives and programs, in partnership with the private sector, to close the skills gap and better prepare the workforce for future labour market needs, said Abdullah Abuthnain, Vice Minister of...
Saudi Arabia’s real estate sector is entering a new phase driven by advanced regulations, digital governance and the activation of a framework allowing non-Saudis to own property, boosting market transparency and appeal, said Abdullah Al-Hammad, CEO of Real Estate General Authority...
The Saudi Cabinet approved the draft Financial Oversight Law. Financial oversight refers to the policies, procedures, and mechanisms applied by the ministry to entities through the oversight methods stipulated in the law, without encroaching on the jurisdictions of other oversight...
PwC Middle East has relocated its Riyadh office to Laysen Valley, providing an expanded space to support its people, clients and growing operations in the Kingdom. The new office brings together PwC’s teams and capabilities in a purpose-built environment designed for collaboration, delivery ...
Prince Sultan University has successfully concluded the annual Saudi AI and Edge Computing Hackathon in Riyadh. Held in conjunction with partners NEOM and MemryX, the competition’s pitch format, collaborative ethos and entrepreneurial spirit celebrated the creativity and technical excellence of...