Month: August 2023

73 new industrial licenses issued in June

by
Ministry of Industry and Mineral Resources - Certificate of Origin

Reading time: < 1 MinuteThe Ministry of Industry and Mineral Resources issued 73 new industrial licenses during June 2023, distributed among five industrial activities, led by the activity of manufacturing food products with 19 licenses, followed by the activity of manufacturing base metals with 7 licenses, the activity of manufacturing chemicals and their products, and the manufacture of non-metallic mineral products with 6 licenses each, and the activity of manufacturing industries with 5 licenses. According to ... Read more

Public Investment Fund announces the establishment of the Saudi Facilities Management Company

by
Public Investment Fund

Reading time: < 1 MinuteThe Public Investment Fund (PIF) today announced the establishment of the Saudi Facilities Management Company (FMTECH), which specializes in providing integrated services in the fields of facilities management, energy management, waste management, maintenance, cleaning, security, and landscaping services. FMTECH aims to enhance the sustainability of the local facilities management industry by focusing on ... Read more

«State Real Estate» offers 50 leasing opportunities to government entities

by
Public Authority for State Properties

Reading time: < 1 MinuteThe General Authority for State Real Estate (GASRE) has announced the launch of 50 leasing opportunities for government entities through the utilization platform, with varying areas and technical conditions according to each opportunity, in accordance with the procedures contained in the State Real Estate Leasing Law and its executive regulations. These opportunities came in 9 regions around the Kingdom, including 23 opportunities in the Riyadh region, 6 opportunities each in Makkah, Hail, and 5 ... Read more

“Capital Market” and ”Real Estate”: Real estate contributions are a new financing channel parallel to real estate investment funds

by
Public Authority for Real Estate - Off-plan Selling

Reading time: 2 MinutesAbdullah bin Mohammed bin Ghannam, Undersecretary of the Capital Market Authority (CMA) for Listed Companies and Investment Products, confirmed that the Real Estate Contributions Law approved by the Council of Ministers on July 11, which will enter into force in November 2023, will support the existing laws and legislations and enhance the level of regulation of the real estate sector activities in the Kingdom of Saudi Arabia, in a way that ... Read more

Real Estate Authority spokesperson: Contract between real estate broker and buyer to be available within 3 weeks

by
Public Authority for Real Estate spokesperson Tayseer Al-Mafraj

Reading time: < 1 MinuteThe Real Estate Brokerage Law stipulates that only real estate brokers must be Saudi, and there is a penalty for brokers who enable violators to use their data to practice the brokerage profession, which is a kind of cover-up, said Taysir Al-Mafraj, spokesperson for the General Authority for Real Estate. During an interview with MBC FM's “The Second with Dawood" program, the Real Estate Authority spokesperson added that during the weeks ... Read more

«National Housing adds 621 new housing units in Dammam's Al Waha suburb

by
Al Waha suburb project in Dammam

Reading time: < 1 MinuteThe National Housing Company (NHC) has launched the Al-Aali project, one of the façade suburb projects in the Eastern Province, for housing support beneficiaries in partnership with SMO Real Estate, as part of efforts with the private sector to increase the real estate supply in the Eastern Province. The project extends on an area of 72,924 thousand square meters, providing 621 residential units of the type of “apartments” ... Read more

Up 0.8%... Residential real estate weighs on the overall index

by
Residential Real Estate - Housing Subsidies

Reading time: < 1 MinuteThe General Authority for Statistics (GASTAT) announced that the General Real Estate Price Index for the second quarter of 2023 increased by 0.8% compared to the same quarter of last year (Q2 2022); this slight increase is attributed to the escalation of residential real estate prices by 1.1%. According to the results of the bulletin, prices of the residential sector increased by 1.1%, influenced by the rise in the price of ... Read more

Riyadh Land Registry completes documentation of 63% of targeted properties in Al Falah neighborhood

by
Riyadh - Business - Localization of real estate activities and professions

Reading time: 2 MinutesThe General Authority for Real Estate revealed the success of the application of the Real Estate Registry in Riyadh in Al-Falah neighborhood in Riyadh, as the first areas benefiting from the real estate registry, which began its application in the neighborhood since Shawwal 17, 1444 AH corresponding to May 7, 2023 AD and ended yesterday, Tuesday, where real estate records were issued for more than 63% properties in the neighborhood during the past 90 days, while ... Read more

A range of ceramic colors to avoid when building a home

by
Bathroom Ceramic Colors

Reading time: < 1 MinuteThere is no doubt that when establishing a house, we seek that our choice is all suitable for the place and its energy that affects our lives, our mood and well-being and makes us always better, and there is also no doubt that the bathroom is one of the main places in the house, and the choice of ceramic colors has a great power and influence on the entire house, so any ideas for the bathroom must include careful study ... Read more

Saudi Engineers Organization concludes the 19th Ordinary General Assembly Meeting

by
Saudi Council of Engineers - Saudi Building Code

Reading time: < 1 MinuteThe Saudi Organization for Engineers (SOE) concluded the 19th Ordinary General Assembly Meeting, which was held virtually yesterday, to present and discuss the approved topics, which included the annual report for 2022, the final accounting for 2022, and the appointment of the external accountant for 2023, with the participation of the main members of the organization (Saudi engineers), where the meeting aims to participate and vote on the topics raised in the meeting. A member explained ... Read more

© 2026 Amlak Real Estate Newspaper | All rights reserved.