Saudi Arabia

Makkah house prices up 100%

Arab news: House prices in Makkah have risen 100 percent as a result of high demand. Residents whose houses were demolished to make way for expansion projects around the Grand Mosque have also called for new houses. Citizens are now eyeing the suburbs of the holy city, including Al-Nawaryeh, Al-Sharaie and […]

64 Saudis = $204 billion

Saudi Arabia tops the list of Middle East’s billionaires, with 64 highly wealthy individuals possessing $204 billion in 2013, the Wealth-X and UBS World Ultra Wealth Report said. “There are 1,360 rich people in the Kingdom with a total wealth of $285 billion,” the report pointed out. The UAE came […]