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Press Dossier   By Date  29/04/2025
Saudi Arabia’s real estate brokerage contracts surge 97% YoY in Q1
More than 96,000 real estate brokerage contracts were documented in Saudi Arabia in the first quarter of 2025 — a 97 percent annual rise, according to new figures.
Saudi Ports Authority to develop $79m logistics zone at Dammam port
Saudi Arabia’s General Ports Authority, known as Mawani, has signed a new agreement to develop a SR300 million ($79 million) logistics zone at King Abdulaziz Port in Dammam, further strengthening the Kingdom’s ambition to become a global logistics hub.
iMENA raises $135m in pre-IPO round led by PIF’s Sanabil Investments
Digital platform operator iMENA Holding has raised $135 million in a pre-initial public offering funding round led by Sanabil Investments, a unit of the Public Investment Fund, as venture capital activity in Saudi Arabia gains momentum.
Eastern Province tops Saudi Arabia for FDI, with $97.6bn, says top official
Saudi Arabia’s Eastern Province is leading the Kingdom in attracting foreign direct investment, with the value of its FDI stock standing at SR366 billion ($97.6 billion) — 42 percent of the country’s cumulative total, according to a senior official.
Emaar EC finalizes $904m debt restructuring deal with Saudi banks
Saudi developer Emaar, The Economic City has signed final agreements with four local banks to reschedule SR3.39 billion ($904 million) in existing debt and secure a new credit facility.
Saudi ministers highlight real estate and urban-planning successes under Vision 2030
Ministers on Monday showcased the achievements so far within Saudi Arabia’s real estate and housing sector since the launch in 2016 of Vision 2030, the Kingdom’s plan for national development and diversification, and the effects it is having on future strategies.
Saudi Arabia, Egypt strengthen industrial ties with new initiatives
Saudi Arabia and Egypt are advancing efforts to strengthen their industrial and economic partnership, as officials emphasized the importance of trade facilitation, industrial integration, and government-backed support.
Saudi debt capital market nears $500bn mark amid global uncertainty
Saudi Arabia’s debt capital market continued its upward trajectory in the first quarter of 2025, defying global challenges and uncertainties.
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