Month: January 2025

How does allowing foreign ownership of shares in real estate companies in Makkah and Madinah boost the real estate sector?

by
Medina

Reading time: 2 MinutesThe Capital Market Authority (CMA) has allowed foreigners to own shares of real estate companies that invest in Mecca and Medina, after real estate investment in the two holy cities was restricted to citizens and local companies, in a new move that reflects the Kingdom's economic trends towards enhancing investment attractiveness. The decision marks a turning point in the real estate market, as it opens the door for capital inflow ... Read more

Launching a logistics city in Khouzam destination in cooperation with a Chinese company

by

Reading time: 2 MinutesIn a strategic move to enhance its logistics and real estate capabilities, the National Housing Company (NHC), the executive arm of the Ministry of Municipalities and Housing, has announced the launch of a logistics city in Khuzam, in collaboration with China's CITIC Construction and Al Rawaf Contracting. The announcement came as part of the Future of Real Estate Forum held today in Riyadh, where agreements and memorandums of understanding worth up to 30 ... Read more

12 agreements for real estate projects worth more than 6 billion riyals were signed at the Future of Real Estate Forum

by

Reading time: < 1 MinuteThe fourth edition of the Future of Real Estate Forum witnessed a prominent step to support the real estate sector, as 12 agreements were signed to implement real estate projects worth more than 6 billion riyals, with the aim of promoting the growth of the sector and increasing the housing supply in various regions of the Kingdom. The Future of Real Estate Forum also witnessed the signing of a memorandum of understanding between the Housing Supply and Real Estate Development Agency of the Ministry of Municipal Affairs ... Read more

Saudi Commission for Accredited Valuers launches a professional certification program for the “Inspector” category”

by

Reading time: < 1 MinuteThe Saudi Commission for Accredited Valuers (Taqeem) has announced the approval and launch of a professional certificate program for the “Inspector” category. The certificate is a document provided by Taqeem according to specific requirements to work in valuation establishments to carry out inspection work in the branches of real estate valuation, machinery, equipment and movable property valuation, and vehicle damage valuation. The certificate targets those who wish to enter the labor market in the field of appraisal, for those who hold a high school diploma... Read more

240 unique real estate opportunities in Jazan's Basateen Plan Auction

by

Reading time: < 1 MinuteTabian Real Estate and Real Estate Housing announces the launch of distinctive investment opportunities within the auction of Al Basateen scheme, one of the promising projects in North Jazan, where the direct sale and public auction will start on Thursday, January 30, 2025, at the site of the scheme at 4:00 pm. The plan is strategically located within the urban area, north of Jazan and on Prince Mishaal bin Abdulaziz Road, ... Read more

Abdullah Al-Hammad: 3 key pillars to develop the real estate sector and attract investments

by

Reading time: < 1 MinuteAbdullah Al Hammad, CEO of the General Real Estate Authority (GRA), said that the real estate legislation approved during the past years has contributed significantly to regulating the real estate sector, protecting rights, strengthening partnerships, and improving the quality of real estate products and services. In a statement on the sidelines of the Future of Real Estate Forum, Al Hammad explained that these legislations have played a key role in regulating the market and limiting practices ... Read more

Saudi Real Estate Authority plans to increase the number of real estate technology companies to 1,500

by
Public Authority for Real Estate Taysir Al-Mafraj

Reading time: 2 MinutesThe General Real Estate Authority (GRA) plans to increase the number of real estate technology companies from 270 to 1,500 over the next five years, according to Taysir Al-Mufaraj, GRA's spokesperson. As part of supporting entrepreneurs and startups, the authority will announce within hours that it will extend the period of receiving applications to join the experimental regulatory environment for an additional two months, which will ... Read more

1.86 billion riyals in real estate transactions Janadriyah neighborhood is the most active

by
International Monetary Fund Riyadh office market

Reading time: < 1 MinuteThe Saudi real estate market witnessed yesterday, Wednesday, active trading according to the daily indicators, as the real estate bourse index recorded 10,283.09 points, an increase of 1.77% compared to the previous days. Details of the real estate market Number of deals: 1,453 transactions. Value of deals: Exceeded SAR 1.86 billion. Traded area: About 4,095,588 square meters. Prices Highest Price: Prices in some locations recorded SAR 25,539... Read more

In detail... Program sessions on the third and final day of the Future of Real Estate Forum

by
Attend Day 3 - Future of Real Estate Forum

Reading time: 8 MinutesThe Future of Real Estate Forum continued its program activities for the third and final day in the capital, Riyadh, on Wednesday, amid significant local and international participation. Minister of Municipalities and Housing, Majid Al-Hogail, confirmed that off-plan sales and real estate brokerage systems have played a pivotal role in organizing the real estate market and enhancing its efficiency. In statements on the sidelines of his participation in the Future of Real Estate Forum, Al-Hoqeel explained that all ... Read more

Bill Clinton praises Vision 2030 at the Future of Real Estate Forum 

by

Reading time: < 1 MinuteSpeaking at the Future of Real Estate Forum, former US President Bill Clinton highlighted the importance of resilience and collaboration in shaping the future of real estate, economic growth and sustainability, emphasizing that building resilient and diverse communities is the key to prosperity for future generations. Bill Clinton highlighted Saudi Arabia's Vision 2030 as a bold plan that unites efforts and transcends competition to drive progress ... Read more

© 2026 Amlak Real Estate Newspaper | All rights reserved.