First Day's Harvest 4 sessions to boost real estate growth at the National Housing Forum

National Housing Forum for Real Estate Supply Chains

Reading time: 3 MinutesUnder the patronage of Majid bin Abdullah Al-Hogail, Minister of Municipal, Rural Affairs, and Housing, the National Housing Forum for Real Estate Supply Chains 2024, organized by the National Housing Company (NHC), opened today, Monday, in the presence of a number of local and international companies, with the aim of strengthening cooperation and building high-quality partnerships with major service providers, thereby promoting the development of real estate projects and enabling the completion and launch of more … Read more

Video | Federation of Saudi Chambers announces the formation of the first national committee for real estate development

Reading time: < 1 MinuteThe Council of Saudi Chambers announced the formation of the first special national committee for real estate development and the election of Bandar bin Muhammad Al-Amri as chairman and Rashid bin Abdulrahman Al-Qadi as vice chairman for the 1444–1447 term. The committee represents a large consortium of the Kingdom’s leading real estate development companies, including four companies from the Public Investment Fund and the National Housing Company. The formation of the committee strengthens the ability of developers and real estate development companies to … Read more

Tadawul-listed real estate developers earn SAR 389 million by the end of Q1 2024

Real estate developer profits

Reading time: < 1 MinuteProfits for real estate development companies listed on the Saudi Stock Exchange “Tadawul” at 389 million riyals by the end of the first quarter of 2024, a decline of 29.4% compared to the 551 million riyals in profits achieved by the same companies in the corresponding quarter of 2023. According to the financial results for the quarter ending March 31, seven companies recorded … Read more

Real Estate Auctions: “Enforcement” Oversees 38 Auctions to Sell 276 Properties in 10 Regions

Real estate auctions

Reading time: < 1 MinuteThe Enforcement and Liquidation Center “Infaaz” announced that it will hold 38 public auctions—both in-person and online—to sell and liquidate 276 residential and commercial properties and a number of vehicles in 10 regions across the Kingdom, during the period from May 21 and May 31, 2024. It explained that the auctions will be held in various regions across the Kingdom, with 12 auctions taking place in the Riyadh region to offer 74 real estate opportunities, … Read more

President of National Housing at the Supply Chain Forum: 225 billion riyals worth of real estate portfolio by the end of 2025

Reading time: 3 MinutesMr. Mohammed Al-Bati, CEO of the National Housing Company, said during his speech at the Real Estate Supply Chains Forum 2024 that we at the National Housing Company are proud to be the largest real estate developer of communities and suburbs. We are providing the largest real estate supply in the Kingdom, which will reach 300,000 housing units by 2025, and the value of our real estate portfolio will reach 225 billion riyals by the end of 2025, in partnership with 90 real estate developers … Read more

Video | Head of the National Housing Authority at the Supply Chain Forum: 300,000 Housing Units to Be Delivered by 2025

Reading time: 3 MinutesThe CEO of the National Housing Company, Mr. Mohammed bin Saleh Al-Bati, said that the company is the largest real estate developer of communities and suburbs, offering the largest real estate portfolio in the Kingdom. Al-Bati added during his speech at the Real Estate Supply Chain Forum, which opened today, that the company’s real estate portfolio will reach 300,000 residential units by 2025, and that the value of the real estate portfolio … Read more

Opening of the Future Enterprise Forum. 6 ministerial sessions on the first day

Future Projects Forum

Reading time: < 1 MinuteThe sixth edition of the Future Projects Forum kicked off this morning, with the aim of strengthening cooperation among more than 40 entities from the public and private sectors, The event is part of the Authority’s efforts to review projects worth one trillion riyals, and the forum’s sessions will feature participation from ministries and major companies. The Saudi Contractors Authority stated that the forum will be held over two days, from the 20th to … Read more

Under the patronage of Al-Hakeel National Housing Forum opens its 2024 Real Estate Supply Chain Forum

National Housing Company Pavilion at Riyadh Real Estate Exhibition

Reading time: 2 MinutesToday, Monday, Majid bin Abdullah Al-Hogail, Minister of Municipal, Rural Affairs, and Housing, will preside over the opening of the National Housing Forum for Real Estate Supply Chains 2024, organized by the National Housing Company (NHC), in the presence of a number of local and international companies, with the aim of strengthening cooperation and building quality partnerships with major service providers, thereby promoting the development of real estate projects and facilitating the completion and launch of more … Read more

“The Ministry of Municipalities and Housing Concludes Its Participation in the Second Gulf Housing Week in Doha

Ministry of Municipalities and Housing - Group Housing Requirements

Reading time: < 1 MinuteThe Ministry of Municipal, Rural Affairs, and Housing concluded its participation in the second edition of Gulf Housing Week, hosted by the Qatari capital, Doha, with the participation of the Gulf Cooperation Council (GCC) member states from May 13 – 16 May, to discuss the challenges and opportunities for developing sustainable urban communities. The Ministry showcased its efforts in developing the housing sector through the exhibition held in conjunction with Gulf Housing Week … Read more

Launching the Baladi Footprint Award to improve the urban landscape with public facilities

Reading time: < 1 MinuteThe Ministry of Municipal, Rural Affairs, and Housing, represented by the Developmental Housing Agency, has launched the “Basma Baladi” Award with the aim of encouraging individual and institutional innovations and initiatives to improve the urban landscape of public facilities in various cities across the Kingdom. The award aims to attract innovative solutions and new ideas from both individuals and institutions to participate in developing and improving the urban environment of public facilities in the Kingdom’s cities and provinces, and to promote … Read more