RIYADH: Saudi Arabia is powering growth in the Gulf Cooperation Council’s real estate sector, accounting for 63.1 percent of total projects in the region in 2024, a new report showed. 

According to consultancy firm CBRE, the total value of the projects pipeline across the GCC is estimated at $1.68 trillion in 2024 – an increase from $1.38 trillion the previous year.

The Kingdom accounts for $1.06 trillion of this total. 

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