Increased development in commercial offices Between growing demand and fears of a slowdown and rising prices 

Business Office Survey

Reading time: 3 MinutesAfter the decision to require foreign companies to establish headquarters in the Kingdom, the commercial sector has been active in providing commercial offices and exhibitions with international specifications, as a result of which some developers have turned to work in this aspect to meet the expected demand.

Value is up... The number fell... Real estate transactions achieve 190.7 billion riyals in 10 months

Real estate index

Reading time: 2 MinutesReal Estate Indicator - Abdulrahman Al-Shahrani During the first ten months of the year 2022, the real estate market recorded a remarkable progress in the value of transactions amounting to 190.7 billion riyals, an increase of 10.7% compared to the same period last year. The results were opposite to the number of real estate transactions for the same period, which recorded an annual decrease of 18.0%, and recorded an annual decrease in the volume of sales during the same period ... Read more

24 residential schemes approved and unlimited support for developers

Developer Services Center "Completion"

Reading time: < 1 MinuteRiyadh - Mohammed Jamous During the third quarter of this year, the Real Estate Developers Services Center (TAMAMAM) achieved a number of achievements, as 24 residential plans were approved, with the total area of the plans exceeding 39 million square meters, as an extension of the continuous efforts provided by the Beneficiary Services Center (TAMAMAM) to facilitate real estate development. Partnership with service providers The rise in the number of ... Read more

Smart technologies have revolutionized... 4.87 trillion riyals worth of projects in the construction sector

Construction projects

Reading time: 2 MinutesRiyadh - Mohammed Jamous The Kingdom of Saudi Arabia is one of the largest markets for the construction sector in the Middle East and one of the fastest growing in the world, and this sector in the Kingdom has witnessed a major paradigm shift in recent decades; advanced architecture, reinforced concrete structures, and modern construction technology have replaced traditional construction methods, and this vital sector achieves sustainable development, ... Read more

In the presence of businessmen and women. Riyadh Chamber spreads joy at the annual ceremony for the business community 

Riyadh Chamber organizes business community event

Reading time: 2 MinutesRiyadh - Mohammed Al-Amin Jamous In the presence of more than 3800 businessmen and women, Riyadh witnessed a wonderful evening that remains memorable and unforgettable, melting the ice of formalities and protocols in an atmosphere that spread joy and love among everyone, during the annual ceremony organized by the Riyadh Chamber for the business community on Monday, November 7, during which the Entrepreneurship Center was inaugurated ... Read more

With 25 speakers... The third international contracting conference discusses facilities and protection for the sector

Saudi Contractors Authority

Reading time: < 1 Minute  Under the patronage and attendance of His Excellency the Minister of Municipal and Rural Affairs and Housing, Mr. Majid bin Abdullah Al-Hogail, the Saudi Contractors Authority (SCA) is organizing the Third International Contracting Conference, which will be held at the Riyadh International Convention and Exhibition Center on November 15-16, 2022. More than 25 local and international speakers will participate in this conference to present the latest information, experiences and technologies to many contractors. Read more

Saudi Arabia accounts for 30 percent of the Arab economy with a GDP of $1.01 trillion

Economy of Saudi Arabia

Reading time: < 1 MinuteEconomic reports revealed, according to data from the International Monetary Fund and Arab statistical bodies, that Saudi Arabia's share of the Arab economy in 2022 will reach about 29.7% “was the same share in 2021” as the largest Arab economy with about 1.01 trillion dollars “3.8 trillion riyals”, as the report included 20 Arab countries. According to the report, the size of the Arab economy in 2022 surpasses the sixth ... Read more

Saudi Building Expo. Attracting 550 international companies to showcase the latest technologies, sector needs and sustainability

Saudi Construction Exhibition

Reading time: 2 MinutesWith the participation of 550 international companies, experts and specialists from 43 countries, the Riyadh International Convention and Exhibition Center will launch the 32nd edition of the Saudi Construction Exhibition, under the patronage of the Minister of Municipal and Rural Affairs and Housing, H.E. Mr. Majid bin Abdullah Al Haqeel, during the period between 14-17 November 2022, and the exhibition coincides with the International Contracting Conference, and the exhibition gains its importance in this session as a result of ... Read more