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By the end of 2014, justrentals.com merges to justproperty.com as a single portal for rental and sale property listings. [4] In 2015, the company started operations in Qatar and Saudi Arabia also region's venture capital firms iMENA Group announced its investment in JustProperty Group. [5] In 2019, the website was acquired by Property Finder. [6]
Dar Al Arkan Real Estate (DAAR) (Arabic: دار الأركان) is a Saudi Arabian property development company. It is the largest developer by market value in Saudi Arabia. [3] Dar Al Arkan is also involved in the acquisition, development, construction, maintenance, demolition, and restructuring of residential and commercial buildings. [4]
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In April 2020, Bayut's parent company and the Netherlands-based OLX Group announced the merger of their operations in the UAE, Egypt, Lebanon, Saudi Arabia, Kuwait, Qatar, Bahrain, Pakistan, and Oman, together with the OLX-owned Dubai-based classifieds website, Dubizzle. [3] [4]
The Saudi Arabian–Kuwaiti neutral zone, also known as the Divided Zone, was an area of 5,770 km 2 (2,230 sq mi) between the borders of Saudi Arabia and Kuwait that was left undefined when the border was established by the Uqair Convention of 2 December 1922.
When oil was later discovered in this zone it was agreed to partition it in 1965, this division being ratified in 1969–70, at which point the Kuwait-Saudi border was finalised at its current position. [3] [9] Iraq invaded and annexed Kuwait in 1990, breaching the Kuwait–Saudi Arabia border in 1991 at the Battle of Khafji during the Gulf War ...
This event set Kuwait's modern boundaries. Both Kuwait and Saudi Arabia are members of the Gulf Cooperation Council. Historically, there was a Saudi–Kuwaiti neutral zone inhabited by coastal fishermen; however, with the discovery of oil, the countries agreed to divide the territory, and reached an agreement in 1969. [1]
Khafji is located in Saudi Arabia's Eastern Region along the coast of the Persian Gulf. The city is situated at latitude 28-26 N, longitude 48-30 E. It is 10 kilometres (6.2 mi) south of the Saudi-Kuwaiti border, 130 kilometres (81 mi) south of Kuwait City and 300 kilometres (190 mi) north of Dammam.