Mohammed al-Mutairi

Mohammed al-Mutairi
Business The Saudi Telecom Company (STC) pavilion at the LEAP 24 International Conference in Riyadh (Asharq Al-Awsat)

Saudi PIF Raises $1 Billion from 2% STC Stake Sale

Saudi Arabia’s Public Investment Fund (PIF) raised SAR 3.86 billion ($1.03 billion) by selling a 2% stake in Saudi Telecom Company (STC) through the region’s…

Mohammed al-Mutairi (Riyadh)
Business A residential project of the Ministry of Municipalities and Housing (Asharq Al-Awsat)

Population Growth Drives Saudi Real Estate Prices to 15th Consecutive Increase

Real estate prices in Saudi Arabia have continued their upward trajectory for the fifteenth consecutive quarter since early 2021. In the third quarter of this…

Mohammed al-Mutairi (Riyadh)
Business Riyadh accounts for about 60% of total real estate deals (Reuters)

High Demand, Lower Interest Rates Boost Growth in Saudi Arabia’s Real Estate Transactions

High demand for residential units in Saudi Arabia’s major cities, along with a recovery in the real estate market driven by lower interest rates, has boosted…

Mohammed al-Mutairi (Riyadh)
Business A building offering small housing units in Riyadh. (Dar Al Arkan Real Estate)

Saudi Arabia: Real Estate Deals for Small Residential Units Increased by 151%

The Saudi real estate market has recently seen an increased demand for small residential units, ranging in size from 30 to 65 square meters, with real estate…

Mohammed al-Mutairi (Riyadh)
Business The interest rate cut will positively affect the Saudi stock market. (AFP)

Interest Rate Cut Boosts Corporate Revenues in Saudi Stock Market

Economic analysts predict that the recent 50-basis-point interest rate cut will positively impact the Saudi stock market by boosting liquidity, attracting more…

Mohammed al-Mutairi (Riyadh)
Business A general view of Riyadh, Saudi Arabia. (SPA)

Interest Rate Cut Boosts Saudi Real Estate Activity

Experts expect the recent 50-basis-point interest rate cut by the Saudi Central Bank (SAMA) to boost the Kingdom’s real estate market. The move is likely to…

Mohammed al-Mutairi (Riyadh)
Business SABIC accounted for approximately 69% of the sector’s net profits in Q2 2024, with an 85% growth. (SABIC)

Saudi Petrochemical Companies Projected to Increase Profitability Over Next Two Quarters

Economic analysts predict that Saudi Arabia’s petrochemical companies will continue to post strong profits in their financial results for the next two quarters…

Mohammed al-Mutairi (Riyadh)
Business Real estate in Makkah, western Saudi Arabia (SPA)

Real Estate Market Creates Positive Momentum in Saudi Market

In its first year, the Saudi real estate exchange recorded approximately 619,000 real estate transactions valued at over $273 billion (SAR 1.025 trillion),…

Mohammed al-Mutairi (Riyadh)