Month: May 2017

The value of real estate transactions fell to 18 billion riyals in a month

by

Reading time: < 1 MinuteThe Ministry of Justice's monthly indicators revealed a decrease in the value of real estate transactions during the month of Rajab 1438 AH to 17.8 billion riyals, a decrease of 21% compared to the same month last year. The value of real estate transactions during the first 7 months of 1438 decreased by 29% to 130.8 billion riyals compared to 184.4 billion riyals during the same period ... Read more

Al-Haqeel: We aim to reduce the construction time of housing units to 6 months

by

Reading time: < 1 MinuteHousing Minister Majid Al-Haqeel said that construction time takes two to three years, and the ministry seeks through construction techniques to limit this period to six months. Al-Hogail explained that the ministry is looking for modern construction techniques that will help reduce the cost of construction to appropriate figures that promote the ministry's goals to provide the right products as soon as possible. He pointed out that the ministry is targeting ... Read more

Middle East Facility Management Association: Saudi Arabia tops GCC in FM spending with 55%

by

Reading time: 3 MinutesExperts from the Middle East Facility Management Association (MEFMA) have highlighted the tremendous growth opportunities in Saudi Arabia's facilities management (FM) sector, noting that it has become a “giant industry” with promising prospects for regional players looking to build a strong presence in what observers say is still an untapped market. Read more

© 2025 Amlak Real Estate Newspaper | All rights reserved.