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A view shows the construction of the King Abdullah Financial District in Riyadh, Saudi Arabia May 12, 2016. REUTERS/Faisal Al Nasser
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Dubai’s Burj Khalifa is the tallest building in the world, but perhaps not for long. Saudi Arabia has announced plans to build a 1 kilometer (3,280 foot) tower into the sky, to be named the Jeddah Tower, scheduled for completion in 2020. The Burj Khallifa currently stands at 2,716 ft. REUTERS/Matthias Seifert
Saudi: Commercial Sector Prices on the Rise
Riyadh- In coincidence with the residential properties sector poor performance, the commercial properties sector seems to undergo a first of its kind rise in prices, especially in the commercial stores rental fees during the past five years. Ibrahim Mortada, manager...Caption:
A falconer holds a white falcon, which is also pictured inset left. (Asharq Al-Awsat)
Business meets pleasure in Saudi falconry
Riyadh, Asharq Al-Awsat—”Every year in mid-October, my friends and I pack up a car to travel to the northern and western part of the Saudi Arabian desert. We earn hundreds of thousands of riyals from this month-long business venture,” says Ra’ad Al-Mizani,...Caption:
File photo of Old Okaz Market in Taif, near Mecca, Saudi Arabia (Asharq Al-Awsat)
Saudi GDP growth records gradual slowdown
Riyadh, Asharq Al-Awsat—A report published by the Saudi Central Department for Statistics and Information has revealed that GDP has grown by 2.1 percent in the first quarter of this year, compared to 4.4 percent for the previous quarter, and 6.6 percent for the...Caption:
Multiple weighted gold bars sit in a stack in this arranged photograph at Gold Investments Ltd. bullion dealers in London, UK, on Thursday, November 1, 2012. (Photographer: Chris Ratcliffe/Bloomberg via Getty Images)