Saudi’s Red Sea becomes first real test of foreign property ownership

“We’re already seeing buyers pull the trigger,” says Driven Properties CEO, as international investors complete early deals at Saudi Arabia’s flagship Red Sea development following the introduction of new foreign ownership rules

Saudi Arabia’s Red Sea development is becoming the first place where the Kingdom’s newly opened property market is being tested in practice, with international buyers already completing purchases under rules that took effect this month, according to Driven Properties CEO Abdullah Al Ajaji. More

Arabian Business

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Trump Mansions in Rayana, Wadi Safar

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