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

Riyadh, 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 was released by the World Bank Group yesterday, Saudi Arabia jumped 13 places in both indicators, moving up to 19th place in the world from the 24th. It also came first with regard to the costs of registering real estate property, and classified 51st globally in contract enforcement, up from 59th.

Source: Saudi Press Agency