News tagged "National transformation program (ntp)"

Demand for Jeddah’s residential sector expected to gain momentum, says JLL

Demand for Jeddah’s residential sector expected to gain momentum, says JLL

8th April 2019

According to *MENA Herald news report, with the Saudi government’s ongoing commitment to boosting home ownership amongst local residents, demand for Jeddah’s residential sector is expected to gain momentum, highlights JLL’s Q1 Jeddah Real Estate Market Overview report, launched at Cityscape Jeddah today.  This comes as the Kingdom aims to increase the real estate sector’s contribution to GDP to 10% by 2020, up from 5%.[..]

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Saudi Aramco and Sabic to build COTC complex in Saudi Arabia

Saudi Aramco and Sabic to build COTC complex in Saudi Arabia

27th November 2017

According to *Tradearabia news report, Saudi Aramco, a world leader in integrated energy and Sabic, a global leader in diversified chemicals, have signed a memorandum of understanding (MoU) to build a fully-integrated crude oil to chemicals (COTC) complex in Saudi Arabia.[..]

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JLL: Retail sector to recover Riyadh's real estate market

JLL: Retail sector to recover Riyadh's real estate market

1st November 2017

According to *Tradearabia news report, with retail sales continuing to increase considerably, thanks to the growing participation by women in its workforce, this could be the first sector to recover in the Riyadh real estate market, said a report by property expert JLL.[..]

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Saudi Vision 2030 and NTP to support real estate sector

Saudi Vision 2030 and NTP to support real estate sector

13th January 2017

New initiatives such as the Saudi Vision 2030 and National Transformation Program (NTP) will help support the kingdom's real estate sector in response to the 2015 challenges of declining oil prices and resulting need to cut government spending, said a report.[..]

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