Month: May 2023

Euromoney Conference: 72% in mortgage financing contracts were subject to housing subsidies

by
Riyadh - Real Estate in Riyadh - Trade Names System

Reading time: < 1 MinuteThe Housing and Mortgage Finance Conference “Euromoney,” currently being held in Riyadh, revealed that various housing support programs have accounted for 72% of the total value of real estate financing contracts in Saudi Arabia from the first quarter of 2017 through the end of the first quarter of 2023. Mansour bin Madi, CEO of the Real Estate Development Fund, confirmed this during his participation in the fourth edition of the “Euromoney” conference, under … Read more

With 500 participants in attendance, the Euromoney Conference kicks off this morning to discuss opportunities and challenges in the housing market

by
Euromoney Conference 2023

Reading time: < 1 MinuteThe fourth edition of the “Euromoney” Housing and Mortgage Finance Conference kicked off this morning under the theme “Opportunities and Challenges in the Housing Market,” under the patronage of Majed Al-Hogail, Minister of Municipal, Rural Affairs, and Housing. The conference brings together a number of experts and thought leaders in the housing finance sector from the Kingdom, the Gulf region, and various countries around the world, serving as a key platform for exchanging ideas on how to build sustainable growth … Read more

The Saudi Central Bank Issues Guidelines for Digital Brokerage Activities

by
Saudi Central Bank - Digital Brokerage

Reading time: < 1 Minute  The Saudi Central Bank announced the issuance of the “Guidelines for Engaging in Digital Brokerage Activities,” which are derived from the licensing rules for activities supporting the finance sector issued by the Central Bank. This step stems from the Central Bank’s supervisory and regulatory role over digital brokerage entities and its ongoing efforts to develop the finance sector and empower the fintech sector. The guidelines aim to establish the minimum standards and procedures necessary … Read more

“National Housing signs Memorandum of Understanding with the Saudi Contractors Authority

by
Part of the signing of the agreement between the National Housing Authority and the Contractors Authority

Reading time: < 1 MinuteThe National Housing Company “NHC” signed a memorandum of understanding with the Saudi Contractors Authority to strengthen cooperation in the construction sector, enhance the efficiency and diversity of real estate contractors, and provide opportunities for mutual development, on the sidelines of the Future Projects Forum. Representing the National Housing Company at the signing was Ma’an Al-Othaimine, Director General of Supply Chain and Business Support, and on behalf of the Saudi Contractors Authority, the Head of the Affairs Sector … Read more

State real estate: State lease system guarantees rights of landlords and government agencies

by
Introductory meeting organized by the Public Authority for State Properties

Reading time: < 1 MinuteThe General Authority for State Real Estate has confirmed that the State Real Estate Leasing System and its implementing regulations safeguard the rights of property owners who have entered into contracts with government agencies. This is achieved by having properties appraised by three appraisal firms accredited by the Saudi Appraisers Authority, as well as documenting any agreements made with them through the State Real Estate Services platform. This was announced during an introductory meeting organized by … Read more

Saudi Contractors Authority launches «Scavo» platform to track contracting sector projects

by
Future Ventures Forum launches Scavo platform«

Reading time: < 1 MinuteOn the sidelines of the Future Projects Forum, the Saudi Contractors Authority launched the «SCAFO» platform during the forum, which helps contractors and interested parties track and search for construction projects in the Kingdom and the Middle East. The Chairman of the Board of Directors of the Saudi Contractors Authority, Engineer Zakaria Al-Abdulqader, praised the role of wise leadership in supporting and empowering the construction sector, which is the second-largest non-oil sector in the Kingdom, in … Read more

© 2026 Amlak Real Estate Newspaper | All rights reserved.