Month: May 2021

30% Sales of travel and tourism agencies soar after lifting travel ban for citizens

by
King Khalid Airport - Riyadh - Travel & Tourism

Reading time: < 1 MinuteSales of travel and tourism agency offices in Saudi Arabia increased by about 30% after the lifting of the travel suspension for citizens that started from today, Monday, and the full opening of land, sea and air ports, which melted the ice of the recession resulting from the effects of the Corona pandemic outbreak, according to Hani bin Ali Al-Omairi, a member of the Saudi Travel and Tourism Association. Hani bin Ali Al-Omairi, a member of the Saudi Travel and Tourism Association, explained that more than ”2096" travel and tourism agencies in ... Read more

“Residential”: More than 17 thousand families lived in their homes last April

by
Residential Real Estate - Housing Subsidies

Reading time: < 1 MinuteThe number of families benefiting from the various housing solutions and options and mortgage loans provided by the Residential Program during last April reached 19,373 families; 17,085 families lived in their homes, and the program confirmed the benefit of 89,493 families from the options of “Residential” since the beginning of 2021 until the end of April; of which 66,651 families lived in their homes, in continuation of the program's efforts to empower Saudi families ... Read more

370 billion riyals total investment in the Kingdom's 36 industrial cities

by
Cities - Prefabricated factories

Reading time: < 1 MinuteThe Saudi Industrial Cities Authority (MODON) revealed that the number of industrial cities in the Kingdom reached 36 industrial cities that host more than 4,000 factories with investments amounting to 370 billion riyals, while the number of employees in industrial cities reached 500,000 employees, including 184 Saudi men and 17,000 Saudi women. Riyadh topped the list in terms of the number of cities ... Read more

Ministry of Justice launches new enforcement system Major changes in insolvency cases

by
Ministry of Justice Execution Law

Reading time: < 1 MinuteThe Ministry of Justice has invited all interested parties, specialists and the general public to express their opinion on the new Execution Law, which the ministry published in the “Reconnaissance” platform, which carries with it many fundamental amendments in debt and insolvency cases, such as stopping imprisonment, canceling the suspension of government services, and other new regulations through which the ministry seeks to reform the judicial structure and preserve the rights of both parties. Among the most prominent amendments that ... Read more

Al-Huqail expresses his thanks and appreciation to the leadership for allocating 20 million square meters north of Riyadh

by
Accreditation of the Saudi Housing Guarantee Company

Reading time: < 1 MinuteMinister of Municipal and Rural Affairs and Housing Majid Al-Hogail expressed his thanks and gratitude to the wise leadership for its great interest in the housing file and its directive to allocate new residential lands with an area of 20 million square meters north of Riyadh and transfer its ownership completely to the Ministry of Municipal and Rural Affairs and Housing and build 53,000 new housing units. Al-Hogail pointed out that the state's efforts to support citizens' ownership of housing ... Read more

Crown Prince directs doubling housing projects north of Riyadh to build 53,000 new housing units

by
Al Jawan Suburb - Real Estate Development - Residential Projects

Reading time: 2 MinutesHis Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, Deputy Prime Minister and Minister of Defense, announced his directive to allocate 20 million square meters of new residential land north of Riyadh and transfer its full ownership to the Ministry of Municipal and Rural Affairs and Housing, as part of his interest in the housing sector that contributes to enhancing the stability of ... Read more

8 real estate companies and funds allowed to own foreigners in their properties inside the Two Holy Mosques

by
Makkah Real Estate - Property Ownership

Reading time: < 1 MinuteAccording to press sources, there are 8 companies and funds that will benefit from the decision to cancel the ban on foreigners from owning private real estate within the two Holy Mosques, and according to the companies and funds that were previously prohibited for foreigners to own property are: «Jadwa REIT Al Haramain, Masha'ar REIT, MEFIC REIT, Bunyan REIT, Tayyiba, Mecca, Jabal Omar, and Knowledge City.» The decision includes non-Saudi individuals, companies ... Read more

“Rakaz Real Estate is the real estate marketer for Al Faisaliah in Al Khobar and Al Thawra Real Estate for Cordoba land in Riyadh

by
Liquidation of the Real Estate Contributions Committee

Reading time: < 1 MinuteThe Real Estate Contributions Committee (Tasfeeqa) announced the appointment of Rukaz Real Estate as the real estate marketer for Al-Faisaliah land in Al-Khobar, while Al-Thawra Real Estate was appointed as the real estate marketer for Cordoba land in Riyadh, this came during the committee's last meeting held at the end of last April. The committee approved the sale of seven plots of land in Al Mashiha in Al Bakiriya for a total amount of SAR 542,443, and pointed out ... Read more

«Municipality and Housing» requires 17 professions to obtain a «practicing profession» license from «Baladi»

by
Rental Properties - Real Estate - Real Estate - Real Estate Funds - Rental - Licensing -... Real Estate Deals - Real Estate Exchange

Reading time: < 1 MinuteLicensing - The Ministry of Municipal, Rural Affairs and Housing began requiring workers in 17 professions to obtain a «practicing profession» license for 4 years as a first stage, then other professions and trades will follow in stages, and press sources indicated that the ministry is currently working on the regulation that aims to regulate professions by issuing a document for each owner of a profession or craft ... Read more

State Real Estate announces the extension of the Jaroul land competition in Makkah to June 24

by
Ard Jarul Makkah

Reading time: < 1 MinuteThe General Authority for State Properties announced the extension of the Jaroul land competition, and the last day for receiving offers will be on 6/24/2021, and the competition includes three lands on Al-Mansour Street in the Jaroul district of Makkah, characterized by a vital geographical location 2.5 kilometers from the Holy Mosque in a vital commercial area surrounded by many residential towers, hotels and commercial centers, and for a period of ... Read more

© 2026 Amlak Real Estate Newspaper | All rights reserved.