Real Estate Articles Real Estate Articles Subsidized Easy Installment Path
Reading time: < 1 MinuteSubsidized Affordable Instalment Pathway
Month: September 2023
With representatives from 170 countries Cityscape kicks off today in Riyadh
Reading time: 3 MinutesToday, Sunday, September 10, the Kingdom is hosting the Cityscape International Exhibition, sponsored by the Ministry of Municipal, Rural Affairs, and Housing and organized by Tahalf under the theme “Building the Home of the Future.” The event runs through September 13, 2023, at the Riyadh Exhibition and Convention Center in Malham, north of Riyadh. Cityscape Global is the world’s largest real estate exhibition, with more than 170 … Read more
Residential program provides 8280 free land plots to Saudi families in 8 months
Reading time: < 1 MinuteThe “Sakani” program announced that 8,280 free plots of land have been made available to Saudi families benefiting from the program from the beginning of the year through the end of August 2023, through the Sakani website and app in various regions of the Kingdom, as part of joint efforts to improve housing affordability and achieve the goals of the Housing Program—one of the Saudi Vision 2030 initiatives—by providing opportunities … Read more
Al-Falih: Saudi Arabia's power and influence have made it an influential country in the G20
Reading time: 3 MinutesHis Excellency the Minister of Investment, Engineer Khalid bin Abdulaziz Al-Falih, explained that the Kingdom of Saudi Arabia’s presence since 2008 as one of the key members of the G20 Summit (G20) is a result of its political and economic strength and influence, its ability to shape global economic policy, its distinctive and impactful initiatives in achieving the group’s objectives, as well as its pivotal role … Read more
“Roshen” Signs Agreement to Support the Training and Qualification of National Personnel in the Real Estate Sector
Reading time: < 1 MinuteThe Human Resources Development Fund in Riyadh has signed an agreement with the “Roshon” Group to support the training, qualification, and employment of Saudi nationals in the real estate sector. The agreement was signed on behalf of the Fund’s Director, Turki bin Abdullah Al-Jawini, by the Fund’s Deputy Director General for Operations, Abdullah bin Mohammed Al-Nafei, and the Chief Human Resources Officer of the “Roshon” Group, Nasreen Al-Dosari. The agreement aims to provide more job opportunities and… Read more
Statistics: Non-oil activities grew by 6.1% in the second quarter of 2023
Reading time: < 1 MinuteReal gross domestic product (GDP) rose by 1.2% in the second quarter of 2023 compared to the same period in 2022, according to estimates by the General Authority for Statistics. The report’s findings indicated that non-oil activities achieved positive growth of 6.1% during the second quarter of 2023 compared to the same period in … Read more
The General Authority for Real Estate announces 7 million contracts in the “Ejar” network”
Reading time: < 1 MinuteThe General Real Estate Authority revealed that the total number of contracts registered on “Ejar” has exceeded 7 million, after last August saw the highest rate of lease contract notarization since the network’s inception, with more than 307,000 electronic lease contracts, ranging from residential to commercial, at a daily rate exceeding 10,000 contracts. The General Real Estate Authority added in a statement that … Read more
Ministry of Justice launches real estate exchange app And download links
Reading time: < 1 MinuteThe Ministry of Justice announced the launch of the Real Estate Exchange app on the Apple App Store and Google Play, coinciding with the official inauguration of the Real Estate Exchange by His Excellency the Minister of Justice, Dr. Walid bin Mohammed Al-Samaani, early last week. The Ministry of Justice explained that the Real Estate Exchange app is part of its digital channels, which provide judicial services to beneficiaries through convenient electronic procedures available around the clock, which … Read more
20.19 billion riyals worth of real estate transactions during August
Reading time: 2 MinutesThe value of real estate transactions rose in August for the second consecutive month on a year-over-year basis, increasing by 24.61% to reach 20.19 billion riyals—the highest level since the beginning of this year— compared to 16.2 billion riyals in August 2022. The value of transactions also rose in July by more than 62% to 16.84 billion riyals, … Read more
SR 46.7 billion in residential financing for individuals over 7 months
Reading time: 2 MinutesRetail Housing Finance
