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    <title>Saudi real estate sector to exceed $400bn in 2010</title>
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    <pubDate>Mon, 02 Nov 2009 12:18:14 +0400</pubDate>
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        The real estate sector in Saudi Arabia continues to retain its appeal, despite the global recession and property market downturn. Saudi Arabia, the GCC's largest economy, continues to focus on diversifying its economic activities. It is expected that the total investment in the kingdom's real estate sector will exceed the $400bn barrier by 2010.
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    <title>Saudi Arabia: Public debt reduced to SR237bn</title>
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    <pubDate>Tue, 13 Oct 2009 16:00:26 +0400</pubDate>
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        Saudi Arabia's government has used the budget surplus of recent years to reduce public debt from SR660bn in 2002, representing 82% of GDP, to SR237bn in 2008, which represents 13.5% of gross domestic product.
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    <title>Saudi Arabia tops regional foreign investment</title>
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    <pubDate>Tue, 29 Sep 2009 12:55:14 +0400</pubDate>
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        Saudi Arabia topped the list of Arab and regional countries in attracting foreign direct investment in 2008, followed by Turkey and the UAE. The value of investment inflows into Saudi Arabia last year, was slightly more than $38.2bn, a record amount for the country.
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    <title>Saudi gold consumption tops SR16.5bn</title>
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    <pubDate>Mon, 17 Aug 2009 15:29:51 +0400</pubDate>
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        Gold consumption in Saudi Arabia grew last year by 17% in terms of value, breaking the SR16.5bn barrier, compared with SR13.8bn in 2007. Conversely, the total demand in terms of weight fell by 4% to 122.4 tonnes. In the fourth quarter of 2008 the kingdom fell to seventh in the world in terms of demand for jewellery and gold jewellery.
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    <title>Saudi housing market facing mid-income unit shortfall</title>
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    <pubDate>Tue, 28 Jul 2009 10:39:33 +0400</pubDate>
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        Pressure on Saudi Arabia's housing sector continues to grow as demand for low-income housing rises unabated. Luxury housing projects in the capital Riyadh, Jeddah, Mecca and the Eastern Province ostensibly point to a vibrant housing market. But the reality is that the target population; affluent, cash-rich Saudi's that can afford significant properties, is very much in the minority.
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