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Vision 2030 is heavily focused on restructuring and diversifying the economy in the face of lower oil prices which will have a positive impact on the real estate market.
The current slowdown in performance in some of the sectors in the Riyadh market is expected to continue for the remainder of the year. Nevertheless, it is expected that the market will recover in the near future as the Saudi government takes new initiatives to stimulate the market.
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27 July 2016