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This initial report focuses on the two largest centres of commercial real estate within the Eastern Province, the Dammam Metropolitan Area (or DMA, which comprises Dammam, Al Khobar and Dhahran) and Jubail (one of the largest petrochemical clusters in the world). Both of these lie on Saudi Arabia's Eastern Seaboard – the Arabian Gulf coast, between Kuwait to the north and the King Fahd Causeway to Bahrain.
Unlike other Gulf States that are basing their diversification strategies away from oil production on Finance, Media or Tourism, Saudi Arabia is pursuing a different direction, based largely on downstream manufacturing and processing of the Kingdom's hydrocarbon resources.
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02 November 2014