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“Amlak publishes contractor classification system, penalties include revocation of classification or 5-year ban on renewal

Reading time: 3 MinutesThe Council of Ministers approved the Contractor Classification System, which included 19 articles, and the Umm Al-Qura newspaper today published details of the 19 articles of the new system as follows: ... Read more

The new system requires contractors to be categorized for government projects, and includes financial and technical criteria and penalties up to five years of de-categorization.

03/09/2021

322 plots of land in Dreamland plan to be auctioned off

A public auction in Taif on April 23-24 starting at 16:00 to offer 322 plots of land within the Dreamland plan.

Public Authority for Real Estate logo - Regulatory Tours

Public Authority for Real Estate launches a service to create a “brokerage contract between a broker and a sub-broker”

It provides documentation of the governance of the relationship between brokers, defining the rights, obligations, and the mechanism for distributing the deposit through the brokerage platform.

Zakat, Tax and Customs Authority

Learn about the amendments to the executive regulations of the VAT system after its approval

Zakat, Tax and Customs Authority adopts VAT executive amendments with a 180-day deadline and a refund facility for tourists.

Ceredo Real Estate Exhibition

The third edition of the Ceredo Real Estate Development and Ownership Exhibition kicks off in September

Jeddah Chamber will host the exhibition on September 9-11, 2025 to showcase projects, workshops and investment opportunities in the real estate sector.

Issuing the executive regulations for monitoring and compliance with water efficiency and rationalization standards. The date of its implementation

The National Center issues a 15-article regulation to regulate oversight and responsibilities with mandatory implementation starting March 21, 2026

Residential program

Ministry of Commerce conducts 132,000 inspection visits and handles 158,000 commercial reports during the first quarter

More than two million products seized and 72 cases referred to the prosecution

Kuwait - Kuwait Mortgages

Kuwait allows banks to offer mortgages for the first time

A move that could open up a $65 billion market and increase banks' loan portfolio by about 40%

Real Estate Registration Authority Logo

General Real Estate Authority licenses 71 online real estate platforms after meeting the necessary conditions

KDIPA confirms the continuation of receiving license applications, and emphasizes the seizure of unlicensed platforms and the protection of customer rights.

Zakat, Tax and Customs Authority

Today. The new real estate transaction tax system comes into effect

New executive regulations impose 5% tax on all real estate transactions and specify exemption criteria and value assessment

Cadastre

How do you communicate with the Land Registry? Here are 4 quick and effective ways

The Land Registry shows WhatsApp, unified phone, email, and X platform numbers for customer service during official working hours.

Zakat, Tax and Customs Authority

«Zakat invites businesses to submit tax withholding forms for last month

You have until April 10, 2025 to submit March forms via the authority's website or face a late penalty of 1% every 30 days.

Minister of Commerce: Commercial Registration and Trade Names Systems Ease Burdens on Businesses

The two new systems and their regulations come into effect and services return after being upgraded to align with the transformation of the Kingdom's Vision 2030

White House - New U.S. tariffs

New U.S. tariffs go into effect, trillion-dollar losses for global trade

The implementation of the 10% tariffs pushes the S&P to a loss of 5.4 trillion and triggers international tariff responses, including China.

Ministry of Commerce Financial Statements Filing

Ministry of Commerce: Cancel the issuance of branch registers for individual enterprises and settle for a single commercial register

Both regulations take effect from April 3 with annual confirmation, bank account requirement, and a five-year grace period to rectify the situation

Ministry of Commerce - Commercial Register

Today is Thursday. Commercial Registration and Trade Names Regulations come into effect

The Ministry of Commerce imposes fines of SAR 500-10,000 and gives a five-year grace period to correct and cancel sub-registries.

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