November 2023

When the Saudi Vision 2030 was launched in 2016 by His Royal Highness Prince Mohammed bin Salman, The Kingdom placed a focus on sustainability which was followed by major investment allocated to environmental, social, and economic sustainability. Since then, countless initiatives have been launched that look toward a greener future and also provide countless professional […]

Persistently high oil prices are expected to prevail until 2024, primarily driven by production cutbacks led by Saudi Arabia. This forecast comes as the U.S. crude oil standard, West Texas Intermediate (WTI), recently hit a 13-month high due to supply constraints. A recent survey by the Wall Street Journal predicts that both Brent crude and

Saudi Arabia’s real estate sector saw its positive momentum continue in the second quarter of 2023. Saudi Arabia’s GDP has 1.1% growth forecast in 2023. June 2023 saw headline inflation stand at 2.7%, up from 2.3% compared to a year earlier.  In Q1 2023, unemployment rate in Saudi Arabia has declined to 5.1%. Office rents