Month: October 2024

Reading time: < 1 MinuteDuring the month of October, the General Real Estate Authority (GRA), with the participation of the Ministry of Human Resources and Social Development, carried out 15 joint monitoring tours that included visiting 192 real estate establishments in the Riyadh region, the Eastern Province, the Makkah region, in addition to the Medina region in cooperation with the Municipality of Medina. These tours come with the aim of ensuring compliance with real estate legislation in general and the real estate brokerage system in particular, ... Read more

Reading time: < 1 MinuteIn a move that enhances justice and transparency, the Saudi Commission for Accredited Valuers (Taqeem) announced its intention to amend the mechanism for determining the remuneration of accredited valuers working in the committees for the valuation of expropriated properties in the public interest. The Authority invited specialists to participate in commenting on the draft amendments, which it launched on a survey platform that ends on November 11, stressing the importance of community participation in ... Read more

Reading time: 2 MinutesThe CEO of Strategy and Partnerships at the Public Authority for Real Estate, Engineer Ziad Al-Shammari, participated in a session at the Global Proptech Summit on the role of emerging technology in shaping the future of proptech. Al-Shammari said, "Our goal in the Public Authority for Real Estate is to make the real estate sector vital and attractive, and real estate technology is a key pillar to achieve transparency in the sector." He explained that the Public Authority for Real Estate has worked on ... Read more

Reading time: < 1 MinuteThe Shura Council held on Tuesday its seventh regular session of the first year of the ninth session under the chairmanship of His Excellency the Speaker of the Council, Sheikh Dr. Abdullah bin Mohammed bin Ibrahim Al-Sheikh, at the beginning of the session, the Council reviewed the agenda of its seventh regular session and the items included therein. The Council issued a decision approving an amendment to the ... Read more