Tough Times Ahead for the Gulf States



In future the Gulf States will be forced to learn how to save, to be more economical. The citizens of these Arab states will also have to make adjustments to upcoming changes. The main reason for this is the slump in the oil prices. This and other factors will have a significant impact on the growth of these countries, and in turn, investments and profit or loss as well. The situation in the Middle East is a cautionary tale of a gold rush struggling not to go bust.

Saudi Real Estate Co. Eyeballing $1.3 Billion in Development



The CEO of Saudi Real Estate Co. (SRECO) told Bloomberg recently his firm is intent on building a housing development in Riyadh estimated to be worth $1.3 billion. According to reports from news outlets and the company, Saudi Real Estate is refocusing on middle-income buyers who can leverage a home shortage there.

MENA Region Faces Shortage of Affordable Homes



The MENA region of the Middle East and North Africa is estimated to be facing a shortage of around 3.6 million affordable homes over the next five years, and the governments and property developers in these countries need to combine their efforts to solve this problem. The most populated country in this region is Egypt, […]

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