Riyadh-Mubasher: Saudi Arabia’s investments overseas are expected to increase to SAR 483.75 billion by 2019, Makkah newspaper stated citing the weekly report of Mazaya Holding.
More than 30% of the Saudi investments are focused on the real estate sector.
Several businessmen prefer to invest in the real estate sector, with 37% of the wealthy GCC investors focusing on the sector despite its challenges and crises over the last years.
The current real estate indicators show that wealthy GCC investors rushed back to the market to seize the investment opportunities and diversify their investment portfolios and risks.