Majid Al-Hogail hands over a number of housing units to beneficiaries of the development housing program

Bunyan Beneficiaries Delivery

Reading time: < 1 MinuteHis Excellency the Minister of Municipal and Rural Affairs and Housing, Mr. Majid bin Abdullah Al Haqeel, handed over a number of housing units to beneficiaries of the developmental housing program in cooperation with Bunyan Charity Association. This is the first installment of the tripartite ownership agreement that was previously signed between the Ministry of Municipal, Rural Affairs and Housing, the Community Development Housing Corporation and Bunyan Charity Association, which aims to provide 2,000 ... Read more

ROSHN real estate development company completes 10 million hours of work without recording work injuries

Sidra Residential Project Roshan

Reading time: < 1 MinuteROSHN Real Estate Development, a wholly-owned subsidiary of the Public Investment Fund (PIF), has announced that it has achieved 10 million hours of injury-free work at its Sidra project in Riyadh. ROSHN Group CEO David Grover said that reaching 10 million hours of injury-free work is a remarkable achievement for employees, contractors and health and safety supervisory teams, noting that the rate of ... Read more

Residential land prices in the first quarter of 2022 rose by 1.5%

GASTAT launches economic data platform

Reading time: < 1 MinuteThe bulletin issued by the General Authority for Statistics (GASTAT) showed the rise in residential land prices in the first quarter of 2022, as the residential sector recorded a rise of 1.5 percent, influenced by the rise in residential land prices by 1.8 percent, and given the weight of the residential sector, it was the largest contributor to the rise in the general index. Overall, the bulletin showed a rise in the index ... Read more

National Housing Company finalizes reservations for the new Nasaj Town Al Narjis project in Riyadh

Weaver Town

Reading time: < 1 MinuteThe National Housing Company succeeded in finalizing the booking of the new project “Nassaj Town Al Narjis”, which it launched for beneficiaries of the “Residential” program in Riyadh, within the projects under construction developed by the company in partnership with the private sector, as an extension of the efforts of the housing system to increase the supply of residential real estate by providing sustainable housing and financing solutions by building systems and legislation, to increase the ownership rate of Saudi families to ... Read more

April 30 deadline for taxpayers to file their first-quarter tax returns

Zakat and Income Tax Approval

Reading time: < 1 MinuteThe Zakat, Tax and Customs Authority (ZTCA) has set April 30 as the deadline for business taxpayers subject to value-added tax (VAT) to submit their tax returns for last March and the first quarter of 2022. The Authority urged taxpayers from the business sector to submit their tax returns via the website (zatca.gov.sa), or submit them and pay via the Authority's application ... Read more

40 articles in the “Real Estate Registration” system enhance data accuracy and validity

Riyadh city

Reading time: 2 MinutesThe Real Estate Registration Law contains 40 articles that define all the details and procedures for real estate registration, foremost of which is granting the General Authority for Real Estate the competence to register real estate in kind with the possibility of using government agencies or assigning it to private sector companies, in addition to establishing the real estate registry and ensuring the correctness and accuracy of real estate information and data, and the system was characterized by granting real estate ownership ... Read more

Eastern Province Municipality offers 213 permanent and temporary investment opportunities for investors and entrepreneurs

Eastern Province Municipality - Housing and Development Agency

Reading time: < 1 MinuteThe Eastern Province Municipality has launched 213 permanent and temporary investment opportunities for investors and entrepreneurs in various cities and governorates of the Eastern Province, aiming to develop the investment system, develop revenues and enhance the elements of quality of life. The Undersecretary for Investments and Revenue Development, Eng. Hamdan bin Odeh Al-Aradi, explained that some of these opportunities extend for 50 years, which incentivizes investors and raises the attractiveness of investments ... Read more

Al-Haqeel thanks the leadership for approving the real estate registration system

Benefits of in-kind registration

Reading time: < 1 MinuteHis Excellency the Minister of Municipal, Rural Affairs and Housing and Chairman of the Board of Directors of the General Authority for Real Estate, Mr. Majid bin Abdullah Al-Hogail, extended thanks and gratitude to the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and His Royal Highness the Crown Prince, may Allah protect them, for the Cabinet decision approving the Real Estate Registration System. He explained that the issuance of the system comes as an extension of the ... Read more

Saudi courts hear 116 cases related to intellectual property and trademark infringement

Eastern region

Reading time: < 1 MinuteSaudi courts have received 116 cases related to intellectual property and trademark imitation in the economic sectors submitted by companies and institutions, since the beginning of the current Hijri year (255 days). The Commercial Court in Riyadh accounted for 91.4% of intellectual property and trademark counterfeiting cases with 107 cases since the beginning of the current Hijri year.The Commercial Court in Dammam came second with five ... Read more