Saudi Arabia’s real estate market showed modest improvement in the second quarter, with transaction volumes rising from the previous quarter but remaining below last year’s levels, according to Al Rajhi Capital. Residential property prices rose 2.6% year on year, lifting the overall real estate price index despite weaker commercial property prices and declining transaction activity.
PROPERTY
Dubai Land Department has partnered with the UAE Football Association to launch sports leagues and tournaments for real estate professionals, promoting healthier lifestyles, stronger industry collaboration, and greater community engagement. The initiative supports Dubai’s long-term vision of enhancing quality of life while fostering teamwork across the real estate sector.
money
Gold recovered above the US$4,000 mark after last week’s pullback, but analysts say the correction is masking a deeper shift in global demand. While short-term investors have reduced exposure, central banks and long-term buyers—particularly in China—continue to increase their gold holdings, reinforcing gold’s role as a strategic reserve asset.
Kuwait’s annual inflation rate rose 2.19% in June, driven by higher prices for food, transport, healthcare, education, clothing, and other consumer goods, according to official data. Food and beverages saw the largest increase at 5.55%, while miscellaneous goods and services climbed 5.8%.
lifestyle
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