NEOM attracts SAR 21 billion in investment to build new residential complexes

New housing complexes

Reading time: 2 MinutesNEOM announced the completion of contracts with investors for the first phase of the expansion of new residential complexes, a social infrastructure project aimed at accommodating the growing workforce in “NEOM.” In a statement released Tuesday, NEOM said the value of the agreement for the first phase exceeds 21 billion Saudi riyals, making it one of the largest international public-private partnerships … Read more

The Real Estate Unit Classification Program is rolling out an online classification application service to all cities

Real Estate Sorting Program

Reading time: < 1 MinuteThe “Real Estate Unit Classification Program” of the General Real Estate Authority announced the official rollout of the “Electronic Sorting Request” service to all engineering firms in every city across the Kingdom, following the launch of its pilot version during the previous period. This enables property owners or real estate developers to submit an electronic sorting request to obtain price quotes from engineering firms, or select an engineering firm … Read more