Development & Construction

Future Investment Initiative: Reforming the global trading system to accommodate digital commerce

Reading time: < 1 MinuteThe Director-General of the World Trade Organization, Dr. Ngozi Okonjo-Iweala, affirmed that the international trading system faces significant pressures and challenges, but remains a vital component of trade stability ... Read more

Reforming the global trading system to meet the challenges of digital trade, according to the Director-General of the World Trade Organization.

29/10/2025

Residential program

15 minutes free and 4 occasions without fees.. Draft of new regulations for paid parking

The ministry’s draft sets out the rates for paid parking, free periods, exemptions on four occasions, and fees for towing vehicles that are in violation of the rules.

5 Digital Steps to Protect Property Buyers from Fake Listings

Before Paying a Deposit: 5 Steps to Protect Property Buyers from Fake Listings

A brief guide to verifying the license, the broker, and property details, and to documenting the deposit before purchasing or reporting any suspected fraud.

Territory

New regulations introduced for the development of housing subsidy land... with a maximum concession to investors of 20%

Public Authority for State Properties

Revision of Regulations Governing Government Agencies’ Lease of Real Estate… with Contract Terms of Up to 25 Years

The project mandates publicly disclosed annual plans, pre-qualification, and technical and financial controls to enhance efficiency and transparency in the leasing of government properties.

Acceptance of Applications for Refunds of Undue «Real Estate Sales» Tax Begins

The Authority set out conditions and a 30-day deadline for the refund or cancellation of taxes and fines for real estate transactions between 2018 and 2020.

«Municipalities and Housing» Warns Owners of Undeveloped Land: Less Than 3 Months Until Fees Are Due

The ministry urges landowners to verify the status of their land and either develop it or pay the fees within the statutory deadline to avoid fines.

Signing of an Agreement to Complete the Second Phase of Prince Mohammed bin Salman Road in Buraydah

The Ministry of Commerce has approved the new import licensing guide; implementation will begin in 30 days.

The guide was published in «Umm Al-Qura» on October 2, 2026, and work on it will begin after 30 days in coordination with 11 government agencies.

Approval of a regulation to revive unknown and dormant endowments... and 5% of the endowment's value as a reward for informants

A new regulation organizes the disclosure, proof, and revival of unknown and inactive endowments, with rewards for informants of up to 10 million riyals.

Public Authority for Real Estate

«The Real Estate Authority conducted 37 inspection tours and audited 14,900 advertisements and offices during September.

The authority detected licensing and real estate advertising violations and processed 1,542 reports, while carrying out more than 30,600 electronic surveys.

Transforming the construction sector into an industrial sector

Infrastructure project contractors will be required to implement technical accreditation starting in 2027.

Real estate auctions

«9» criteria and «5» categories… The Real Estate Authority sets a new framework for classifying auction establishments

A project is open for surveys until October 30, 2026 to measure the performance of real estate auction licensees, enhance transparency, and improve the quality of services.

Today, the process of submitting objections to the eligibility results of the Real Estate Balance Program begins electronically.

The Royal Commission for Riyadh City opens an electronic objection period of 30 days for those who are not eligible, in preparation for including those who are accepted in the housing lottery.

Royal Commission Riyadh - Real Estate Balance

Today... the results of the eligibility verification for applicants to the Real Estate Balance Program will be announced.

The Royal Commission for Riyadh City makes the results available through the electronic platform, including those who qualify in the draw and allowing objections for those who do not meet the requirements.

The Shura Council calls on the Real Estate Development Fund to develop housing financing solutions.

The decision emphasized controls to ensure the efficiency of real estate financing and its alignment with the needs of beneficiaries and changing housing demand patterns.

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