Tag Archives : Investment


SAR581bn for solar power projects

The Gulf Cooperation Council (GCC) countries are set to invest $155 billion (SR581.25 billion) for the construction of energy generating plants from non-traditional sources, notably solar energy, local media reported quoting a specialized energy report. However, the drive of energy firms from the private sector to renewable energy projects is still under the required level […]


Kingdom’s real estate market stands at SAR1.5 trn

Real estate circles are waiting for a decision from the Council of Ministers regarding the allocation and prioritization of the lands available to the citizens through the scheme of “A land and a loan.” The parties involved in the scheme are mainly the Ministry of Housing, the Ministry of Justice, the Ministry of Municipal and […]


GCC emerging as an attractive investment destination

JEDDAH – “GCC offers strategic advantages, such as availability of cheap energy and feedstock supply, low tax environment, well-developed infrastructure, growing population and increasing income levels, conducive for the development of various industries in the region. All these advantages if properly showcased could attract substantial investment flows from Indian corporates, who are looking to expand […]