Saudi Arabia ranks 13th globally in terms of property registration and contract enforcement

Saudi Arabia ranks 13th globally in terms of property registration and contract enforcement
Saudi Arabia ranks 13th globally in terms of property registration and contract enforcement

The Kingdom of Saudi Arabia has made significant progress in contract enforcement and real estate registration indices, advancing 13 ranks in the two indicators included in the ease of doing business 2020 report, which addresses measurement results in 190 countries, it was reported here today.

According to the World Bank report, which wasreleased by the World Bank Group yesterday, Saudi Arabia jumped 13 places inboth indicators, moving up to 19th place in the world from the 24th. It alsocame first with regard to the costs of registering real estate property, andclassified 51st globally in contract enforcement, up from 59th.

Related Stories

No stories found.
Ajel
english.ajel.sa