Month: January 2025

Ministry of Industry signs MoUs with 6 countries to promote international partnerships in the mining sector

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Reading time: < 1 MinuteThe Ministry of Industry and Mineral Resources signed memorandums of understanding and cooperation agreements with six countries, in a qualitative step aimed at strengthening international partnerships and developing the mining and minerals sector in the Kingdom. The agreements and memorandums of understanding were signed by His Excellency the Minister of Industry and Mineral Resources from the Saudi side. Read more

6 smart tips for choosing the right contractor to build your property

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Building license via Baladi platform

Reading time: 2 MinutesChoosing the right contractor is one of the most important decisions you will make during the construction of your property, as it directly affects the quality of work, timing, and costs. With a growing number of contractors and a variety of offers, it is essential that you have the right tools and criteria to choose the person who will carry out your project. In this report, we take a look at some of the most important tips and criteria you should ... Read more

Infographic: Liquidity grows in a year by more than 275 billion riyals by the end of November 2024

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Reading time: 2 MinutesThe levels of liquidity “available money” in the Saudi economic system achieved an annual growth of SAR 275,155 billion, by 10.3%, to reach a level of SAR 2,945,656 million by the end of November 2024, compared to SAR 2,670,501 million for the same period in 2023, and its levels reflect the money supply in its broad and comprehensive concept (N3), according to the data of the monthly statistical bulletin ... Read more

“Statistics”: Inflation in the Kingdom reached 1.9 % during December

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Reading time: < 1 MinuteThe General Authority for Statistics revealed that the annual inflation rate in the Kingdom reached 1.9 % during the month of December 2024, compared to the same month last year, while it recorded relative stability on a monthly basis compared to November 2024. The inflation rate is among the lowest inflation rates among the G20 countries. It is noteworthy that the Consumer Price Index (CPI) reflects changes in ... Read more

Starting next Sunday How do property owners in Makkah register in the Real Estate Registry?

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One of the tunnels in Makkah

Reading time: 2 MinutesIn an important step towards enhancing transparency and reliability in the real estate market, the General Authority for Real Estate announced the launch of the real estate registry in the Makkah region, which will start next Sunday, January 19, 2025 and continue until April 24, 2025. This system aims to modernize and improve the real estate infrastructure, which enhances confidence in the real estate market and contributes to achieving the goals of ... Read more

Video 10 tips to follow before signing a mortgage contract

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Matar Al-Shammari, Old Buildings - Real Estate Marketing

Reading time: 2 MinutesIn an important step for those about to sign a mortgage contract, real estate and investment consultant Matar Al Shammari has provided a set of essential tips to help individuals make sound financial decisions that will ensure their financial stability in the future. These tips are essential in light of the increasing demand for real estate financing in the Sultanate, and help individuals avoid unexpected financial burdens. And in ... Read more

Real Estate Fund: 12.2 million electronic transactions to facilitate home ownership in 2024

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Real Estate Development Fund - Your Subsidy Equals Your Installment - Direct Lending

Reading time: < 1 MinuteThe Real Estate Development Fund implemented through its various electronic platforms during the year 2024, about 12.2 million operations and services with advanced and diverse digital solutions. He stated that the electronic operations provided to beneficiaries in 2024 included: 2.9 million operations through more than 30 available e-services, 5.2 million electronic operations in partnership with the housing system and financing entities, and 1.9 million operations through ... Read more

In pictures... Details of the first day of the fourth Saudi Urban and Real Estate Forum

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Reading time: 2 MinutesHis Excellency Deputy Minister of Municipalities and Housing Ihab Ghazi Al-Hashani inaugurated the fourth edition of the Saudi Urban and Real Estate Forum and the accompanying exhibition under the umbrella of the Ministry of Municipalities and Housing in Riyadh today. The three-day forum, organized by the Saudi Society for Urban Sciences, will be held at King Saud University and will witness the participation of a number of academics, contractors, real estate and officials from the public and private sectors, ... Read more

The first day of the International Mining Conference

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Reading time: 2 MinutesThe first day of the fourth edition of the International Mining Conference in Riyadh witnessed the holding of the fourth international ministerial meeting of ministers concerned with mining affairs, and the signing of memoranda of understanding and cooperation agreements with a number of countries to strengthen international partnerships in the mining and minerals sector, and this important step was taken within the framework of strengthening international relations and developing the vital sector in the Kingdom, which is witnessing a remarkable development ... Read more

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