The document summarizes a report by Ken Research on the outlook for the retail real estate market in Riyadh, Saudi Arabia. The report predicts robust growth in retail supply and demand in Riyadh over the next few years due to increasing household spending on retail. However, the completion of several new major shopping malls will lead to oversupply and downward pressure on rental rates, resulting in a more cautious outlook. The retail sector in Riyadh has transformed from small shops to large shopping malls hosting international brands, driven by high incomes and government initiatives to diversify the economy.