Month: October 2023

Al-Haqeel leads the Kingdom's delegation to the 21st meeting of the GCC Housing Ministers Committee

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Al-Haqeel leads the Kingdom's delegation to the 21st meeting of the GCC Housing Ministers Committee

Reading time: 2 MinutesHis Excellency the Minister of Municipal and Rural Affairs and Housing, Mr. Majid bin Abdullah Al Haqeel, headed the delegation of the Kingdom of Saudi Arabia at the 21st meeting of the Committee of Ministers in charge of Housing Affairs of the Gulf Cooperation Council (GCC), which was held within the activities of the October Al-Omran Conference and the first Gulf Housing Conference hosted by the Sultanate of Oman during the period ... Read more

24-hour real estate transactions for the Kingdom's cities

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Riyadh - Business - Localization of real estate activities and professions

Reading time: < 1 Minute24-hour real estate transactions for the Kingdom's cities (Tuesday, October 31, 2023) Number of transactions: 949 deals. Value of deals: SAR 1,090,229,356. Traded area: 1,368,627 square meters. Highest price: SAR 36,129 per square meter. Average price: 796,586 SAR/square meter. = = = = The most traded neighborhoods in the Kingdom - Badr - Riyadh - Al Hamra - Jubail - Janadriyah - ... Read more

“Investment Aspirations and Leadership Projects” session at Restatex Eastern Real Estate Exhibition

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Restatex Sharqiya Real Estate Exhibition

Reading time: < 1 MinuteThe first panel discussion session at the Restatex Eastern Real Estate Exhibition kicked off today, at the Dhahran International Exhibition Center, titled ‘Investment Aspirations in the Eastern Region and Leading Projects’, which is being held under the title 'Investment Aspirations in the Eastern Region and Leading Projects'. Earlier today, under the patronage of His Royal Highness Prince Saud bin Naif bin Abdulaziz, Governor of the Eastern Province, the largest real estate event ... Read more

Video... Restatex Eastern Real Estate opens its new edition

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Restatex Sharqiya Real Estate Exhibition opens

Reading time: < 1 MinuteUnder the patronage of His Royal Highness Prince Saud bin Naif bin Abdulaziz, Governor of the Eastern Province, the largest annual real estate event in the region, “Restatex Eastern Real Estate Exhibition” for the year 2023, opened on Tuesday, October 31, 2023, and will continue until November 3, at Dhahran International Exhibitions “Dhahran Expo”; with the support of the Ministry of Municipal and Rural Affairs and Housing and the General Authority for Real Estate. With the participation of a number of ... Read more

 Saudi Arabia's GDP rose last year to 4,157 billion riyals

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Saudi Exports - GDP

Reading time: < 1 MinuteData from the General Authority for Statistics (GASTAT) showed that the Kingdom's GDP growth rate increased to SR4,157 billion in 2022, up 8.7 percent compared to 2021. This rise is due to the growth of oil activities by 15.4 percent, non-oil activities by 5.5 percent, and government activities by 4.6 percent. According to the General Authority ... Read more

“National Housing offers more than 20,000 housing units with the lowest financing profit margin

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National Housing Company

Reading time: < 1 MinuteThe National Housing Company (NHC) has made available more than 20,000 housing units at prices starting from 300,000 with a minimum financing profit margin of 2,59% on all residential projects it is developing in various regions of the Kingdom, as part of the company's plans and strategies to increase the real estate supply in the Kingdom and provide housing options at competitive prices and financing solutions. Facilities for ownership and ... Read more

MoU between Municipality and Housing and Najm to support road performance improvement initiatives

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"Municipality and Housing" and "Najm" sign "Memorandum of Understanding" to support road performance initiatives

Reading time: < 1 MinuteThe Ministry of Municipal, Rural Affairs and Housing signed a memorandum of understanding with Najm Insurance Services to develop initiatives that support the development of road performance and cooperate in awareness campaigns to avoid traffic accidents, under the patronage of HE Minister of Municipal, Rural Affairs and Housing Mr. Majid bin Abdullah Al Haqeel, and a number of officials from both sides. The Ministry was represented by the Undersecretary of Projects and Public Health ... Read more

Sharqiya Municipality invites property owners of Dammam commercial streets to issue building compliance certificate

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Eastern Province Municipality invites property owners of Dammam commercial streets to issue a building compliance certificate

Reading time: < 1 MinuteThe Eastern Province Municipality called on property owners on commercial streets in the center of Dammam to issue a building compliance certificate before the expiration of the corrective period on 18/02/2024, which is 3 years from the date of issue, in continuation of its efforts to improve the urban landscape and raise the quality of life in various cities and neighborhoods. The Municipality explained that the certificate aims to promote ... Read more

“Municipality and Housing” showcases Saudi Arabia's experiences at the October Urban Conference in Oman

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Ministry of Municipalities and Housing - Group Housing Requirements

Reading time: < 1 MinuteThe Kingdom of Saudi Arabia, represented by the Ministry of Municipal and Rural Affairs and Housing, is participating in the October Al-Omran Conference and the first Gulf Housing Conference, which will be hosted by the Omani capital Muscat under the theme “Resilience of the Urban Economy” from 29 to 31 October under the patronage of the Deputy Prime Minister for Defense Affairs of the Sultanate of Oman His Highness Shehab bin Tariq Al Said, the conference highlights models ... Read more

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