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RIYADH: Riyadh offices have hit 96 percent occupancy, reaching the highest level in five years, as the Saudi capital witnessed a massive surge in the number of foreign business licenses.
According to the latest analysis by real estate consultancy firm Knight Frank, most of the prime office buildings in the city are now experiencing an unprecedented level of demand.
“Businesses from the world over continue to clamor for a piece of the unfolding economic transformation in Saudi Arabia,” said Faisal Durrani, head of Middle East Research, Knight Frank.
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