“Zakat sets criteria for the selection of establishments targeted in the 15th batch of e-invoicing

Zakat, Tax and Customs Authority

Reading time: < 1 MinuteThe Zakat, Tax and Customs Authority has determined the criteria for selecting the targeted establishments in the fifteenth group to apply the “linkage and integration” phase of electronic invoicing, as the Authority explained that the fifteenth group included all establishments whose revenues subject to VAT exceed (4 million riyals) during the years 2022 or 2023. The Authority explained that it will notify all targeted establishments in ... Read more

The Pilgrims Housing Committee in the Holy Capital receives applications for building permits for 1446 AH

Pilgrims Housing Committee in the Holy Capital

Reading time: < 1 MinuteThe Pilgrims Housing Committee in the Holy Capital continues to call on citizens who own buildings dedicated to housing pilgrims, and those wishing to rent their homes, to go to accredited engineering offices to complete the procedures for issuing the necessary permits. The Municipality of the Holy Capital explained that the committee started receiving applications as of 1446/1/1 AH, noting that the reception of applications will continue until the end of Rajab 1446 AH, while the issuance of permits will be ... Read more

Ministry of Industry and Mineral Resources announces the trial launch of the “Industrial” application”

Ministry of Industry logo

Reading time: < 1 MinuteThe Ministry of Industry and Mineral Resources (MIMR) has announced the trial launch of the “Senaei” application on smartphones, which represents a new digital window through which the ministry provides its e-services and enables its partners and industrial entrepreneurs to develop their facilities and products and follow up on their industrial requests. The app provides a streamlined journey for industrial investors to join the industrial ecosystem and access e-services and incentives, and enables users to ... Read more

Infographic: Adopting the rules for allocating state properties to the non-profit sector

Public Authority for State Properties

Reading time: 2 MinutesThe Board of Directors of the Public Authority for State Properties, chaired by His Excellency the Minister of Finance, Mr. Mohammed bin Abdullah Al-Jadaan, approved the controls for the allocation of state real estate for the benefit of the non-profit sector. This comes in implementation of Cabinet Decision No. 946 dated 1445/11/06 H, which stipulates that “the General Authority for State Properties allocates state real estate for the benefit of the non-profit sector in accordance with controls approved by the Board of Directors of the Authority in coordination ... Read more

Humanizing the Kingdom's Cities An urban leap that enhances the quality of life among citizens

Reading time: 3 MinutesSaudi Arabia is undergoing a major shift in its urban and developmental trends, with efforts increasingly focused on humanizing cities as part of the Kingdom's Vision 2030. These efforts aim to make cities more livable, enhance the quality of life for residents, and ensure the sustainability of urban development. The humanization of cities relies on designing an urban environment that is sensitive to human needs and promotes social and cultural interaction, ... Read more

Your comprehensive guide to the best marble for home and villa finishes

Reading time: 2 MinutesWhen it comes to villa and home finishes, marble is the perfect choice for many due to its attractive appearance and exceptional durability. Marble is a natural material that comes in a variety of textures and colors, making it suitable for different tastes and decorative styles. But what types of marble are available, and which ones are best for home and villa finishes? 1. Italian Marble: The king of luxury, Italian marble ... Read more

The endowment of Uthman bin Affan's well farm in Medina to be put up for investment

Reading time: 2 MinutesAwqaf, the investment arm of the General Authority for Endowments, has launched a unique investment opportunity for the Uthman bin Affan Well Farm in Medina. This endowment is one of the great historical landmarks in Medina, dating back more than 1,400 years and is home to the famous Rumah well, in which the Prophet (peace and blessings of Allah be upon him) said: “Who ... Read more

More than SAR 13 billion in sales by National Housing and its partners during the first half of 2024

National Housing Company Pavilion at Riyadh Real Estate Exhibition

Reading time: 2 MinutesNational Housing Company (NHC) has achieved a significant rise in residential sales during the first half of 2024, with total sales reaching SAR 13.5 billion, surpassing last year's performance by four times for the same period, with more than 13,000 residential units sold. This achievement reflects the company's continuous efforts to meet the needs of citizens in various regions of the Kingdom, ... Read more

816 billion riyals the volume of real estate loans in the Kingdom by the end of the first half of 2024

Investors in real estate

Reading time: < 1 MinuteThe data of the statistical bulletin of the Saudi Central Bank “SAMA” revealed that the total real estate loans in the Kingdom reached by the end of the first half of 2024 to 816 billion riyals, a growth from the previous quarter by about 2%. It is noteworthy that real estate loans provided by commercial banks in the Kingdom recorded a remarkable increase of 94.5% year-on-year during the first quarter of 2024, ... Read more

Real estate registration period for 18 neighborhoods in Riyadh and Mecca ends today (Thursday)

Riyadh - Saudi Real Estate Market

Reading time: < 1 MinuteThe General Authority for Real Estate announced that the deadline for the first in-kind registration of real estate for 18 neighborhoods in the cities of Riyadh and Makkah will expire at the end of today, Thursday, 25 Safar 1446 AH, corresponding to August 29, 2024 AD. The Authority indicated that the in-kind registration of real estate will end in 10 neighborhoods in Riyadh, namely: (Al Mahdia neighborhood, Al Khuzama neighborhood, Arqa neighborhood, Dhahrat Laban neighborhood, and ... Read more