Month: November 2021

Reading time: 2 MinutesFollowers of the real estate sector are aware of the urgent need to launch and develop a real estate exchange that determines and controls price paths, and moves the market from the stage of stillness that has been very much inhabited by it in different periods, which gives positive and ambitious indicators in developing the sector and facilitating buying and selling, inevitably, this will be done according to a thoughtful and balanced vision that does not leave a negative impact on the national economy. The real estate platform has the ability ... Read more

Reading time: < 1 MinuteThe real estate sector began to organize and develop rapidly through systems, regulations, specialized bodies, accredited courses, classification and the emergence of real estate platforms, and we rejoiced at the trial launch of the real estate exchange by the Ministry of Justice, which is a real addition to the market and to raise the level of transparency, quality, credibility and speed of completion, which is an integrated digital transformation, or a notary providing its services in the vast Internet space. It is expected ... Read more

Reading time: 2 MinutesReal estate loans provided by banks operating in Saudi Arabia recorded a new rise by the end of the third quarter of this year, recording about 533.5 billion riyals, compared to about 502.7 billion riyals at the end of the second quarter of the same year, recording a rise of 6.1%, equivalent to 30.7 billion riyals. According to data from the Saudi Central Bank (SAMA), the rise in the third quarter is the highest ... Read more