Thursday, November 23, 2006

Saudi enters world property stage

Saudi Arabian property developers participated at Cityscape, Dubai. The organisers of the largest international B2B real estate event are said to be surprised by the Saudi Arabia's response.

Cityscape 2005 had 1,200 square metres of space booked by Saudi companies. This year the figure it has gone up to 2,500 square metres, with around twenty major Saudi companies.

Cityscape Dubai is held at the Dubai International Exhibition Centre. It will be held on December 4 to 6 2006.

The Saudi government has promised to provide every Saudi citizen with a home. The Saudi government has also revealed plans to upgrade and expand the country's electricity network and water supplies, the construction of which will cost an approximately around $700 million.

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