Tag Archives : Jeddah

Riyadh tops in real estate with SAR99bn deals

Riyadh, with SR99 billion real estate transactions, has ranked as the most sought-after city in the Kingdom. The capital city outweighs Jeddah, which had recorded more than SR90 billion of real estate transactions as per the real estate index issued by the Ministry of Justice. The real estate sector has revealed the positive impact of […]

GCC industrial water treatment chemicals market revenue to soar

JEDDAH – The water and wastewater treatment chemicals market in the Gulf Corporation Council (GCC) is making considerable headway as the dire water shortage has lent momentum to water treatment activities. Industrial water reuse schemes and stringent desalination requirements are further necessitating the deployment of high-quality treatment chemicals as a means to boost operational efficiency, […]

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 […]

Kingdom plans to expand ports capacity by 29m tons

JEDDAH – Saudi Arabia is planning to expand its ports handling capacity by around 29 million tons to face a steady rise in demand, the head of the ports authority in the kingdom was reported as saying. “The projects include the construction of 20new quays which will be ready for operation within two years to […]

Growth opportunities seen in Gulf as world trade shifts to emerging markets

JEDDAH – Islamic trade finance in its current state is still a small sector compared to global trade finance industry as a whole, a report issued by KFH -Research, a subsidiary of Kuwait Finance House KFHabout international Islamic trade finance “Reality and Growth Opportunities” said. However, the strong capabilities for commercial growth of the countries of the Organization of […]