Category: Insights

Feb 2024 Kingdom of Saudi Arabia’s real estate industry is thriving, fueled by Vision 2030 and transformative GIGA projects such as NEOM. The government aims to further accelerate this growth by increasing homeownership to 70% by 2030, up from the 47% in 2016.   China underwent a comparable period of growth characterized by a housing…

The introduction of cutting-edge technologies in real estate promises to change the way business forever is conducted in this age-old industry. In some respects, the adoption in real estate has lagged behind its use as compared to the other business sectors partially due to a reluctance to change methods that had worked well in the…

Conflicts and natural disasters forced someone to flee within their own country every second of last year, pushing the number of people living in internal displacement to a record high. This came despite strict restrictions on movement imposed around the globe in efforts to halt the spread of COVID-19, which observers had expected to push…

Under the NEOM project of Public Investment Fund (PIF), Oxagon with a 48 sqm development area, is strategically located in northwest Saudi Arabia, situated on the Red Sea near the Suez Canal. Approximately 13 per cent of global trade passes through the Red Sea, and it is positioned to be one of the world’s most…

Global sustainable mutual fund assets hit a record high at the end of the third quarter, bolstered by new disclosure rules in Europe, although the pace of net inflows slowed from the prior quarter.Funds focussed on environmental, social and governance (ESG) related issues saw their combined assets climb to $3.9 Trillion. The number of sustainable…

That level represents 4.9 times more investment compared to 2016 when the Paris Agreement was signed, as per Dealroom.co, Amsterdam-based global data provider on venture capital, and London & Partners, a U.K-based promotional company. Europe has been the frontrunner, pacing ahead of all the others, with investment in climate tech growing 7 times from 2016-2021. Only…

With the worries for environmental sustainability right around the corner, the Kingdom has laid out a word amidst the world chaos that aims to reduce carbon footprints, lead towards a sustainable future; and targets to reach the “net zero” club of nations by 2050. The Kingdom aims to reach “net-zero” greenhouse gas emissions by 2060,…

Technologies like AI are being seen as game-changers in the industry, especially during the pandemic that has led to increased adoption of technologies & the embracing of innovation by the industry. Most of the high-end realtors are now incorporating data pipelines and algorithms into their decision-making process, and the results are telling. AI is a…