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FINANCIAL NEWS
Real estate value to reach USD26 b in Saudi Eastern Province
05 Dec 2013
(MENAFN) Saudi Arabia’s real estate is expected to value at USD26.65 billion in the Eastern Province (EP) over the following five years, according to Arab News.
The Kingdom’s real estate market sees normal changes focus on strategies and trends, though the sector needs modern approaches to improve and flourish.
Changes in strategies for investors and market drivers are normal but the other part of the story is mandatory; the state policies and customer needs, said Mohamed bin Badr Al-Dosari, CEO of Dammam-based Al-Mashriq Real Estate Company.
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