Month: January 2025

Fourth Saudi Urban and Real Estate Forum and Exhibition kicks off on January 14

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Reading time: < 1 MinuteUnder the patronage of the Ministry of Municipalities and Housing, the Saudi Society for Urban Sciences will launch the fourth Saudi Urban and Real Estate Forum and Exhibition 2025 at King Saud University in Riyadh on Tuesday, January 14, and will continue until Thursday, January 16. The fourth edition of the Saudi Urban and Real Estate Forum and Exhibition, which is attended by a group of real estate experts and speakers, will address three themes, namely ... Read more

UK real estate makes strong gains in 2024 Potential volatility in 2025

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Britain

Reading time: < 1 MinuteReal estate prices in the UK had a banner year in 2024, rising strongly to settle at levels very close to the record high reached in the summer of 2022. Data from Britain's Nationwide Building Society showed that the real estate market managed to end the year with an annual growth of 4.7% in December, compared to 3.7% in November. On ... Read more

The Insurance Authority clarifies the benefits of hidden defects insurance to protect construction projects and ensure their quality

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Reading time: < 1 MinuteThe Insurance Authority published on its account on the X platform an insurance product for ”hidden defects insurance“, which exists to enhance the safety and quality of buildings and structures during the construction stages, providing long-term protection of up to 10 years against hidden defects that were not discovered during the construction process. The insurance policy obligates the project owner and the contractor ... Read more

Medina Pilgrims Housing Committee accepts permits until the end of Rajab

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Reading time: < 1 MinuteThe Pilgrims Housing Committee in Medina continues to receive applications for the issuance of pilgrims' housing permits for the 1446 Hajj season until the end of this Rajab. She called on the owners and investors of pilgrim housing wishing to obtain the necessary permits, to apply quickly and ensure that all the requirements are met according to the regulations, through the following link: https://geoservices.amana-md.gov.sa/citizen/service/pilgrims_permit .

“Aknaf Al Mada'in launches a halter auction to sell 8 real estate opportunities in Jeddah

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Reading time: < 1 MinuteAknaf Al Mada'in Real Estate Investments and Auctions, under the supervision of the Enforcement and Liquidation Center and a decision by the Enforcement Court, announces the Rasen auction to sell a group of commercial and residential properties in Jeddah, on Monday, January 13, at 4 pm, in person at Gloria Hall in Jeddah, and electronically through the Saudi Auctions platform. The auction offers 8 distinctive real estate opportunities, where ... Read more

Real estate crisis hits China's clean steel ambitions

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Tough times ahead for the commercial real estate industry

Reading time: 2 MinutesChina is facing increasing challenges in achieving its ambitious environmental goals in the steel production sector, as it slows its steps towards switching to cleaner production. This comes amid a stifling real estate crisis that is affecting demand and prices, putting the Chinese economy in a difficult equation between maintaining economic growth and meeting climate commitments. The challenges of producing clean steel in China... Read more

Global Real Estate in 2025 Challenges and opportunities for growth

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Reading time: 2 MinutesAs global economic shifts grow and impact various sectors, the real estate sector is emerging as one of the main indicators of economic stability and growth. As we approach 2025, expectations are rising about the performance of this vital sector and the opportunities and challenges it may present. Global shifts and their impact on the real estate sector The real estate sector is currently undergoing significant changes due to multiple factors, including monetary policies, ... Read more

U.S. home sales jumped sharply in November

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U.S. Real Estate - Home Sales

Reading time: 2 MinutesContracts to purchase previously owned homes in the United States rose more than markets expected in November, continuing its positive trajectory for the fourth consecutive month. A report from the National Association of Realtors showed that the Pending Home Sales Index - which is based on signed contracts - rose 2.2% to 79, the highest level since February 2023, compared to 77.3 in Read more

“Municipalities and Housing” achievements in the municipal and residential sectors during 2024

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Reading time: 2 MinutesThe Ministry of Municipalities and Housing revealed the most prominent achievements and figures achieved in the municipal and residential sectors during the year 2024, as part of its continuous efforts to improve the quality of municipal and residential services, improve the quality of life in Saudi cities and provide an integrated urban environment that meets the aspirations of the Saudi society in line with the objectives of Saudi Vision 2030. The ministry said in a press release today that the ... Read more

With an ambitious electoral program. Real estate expert Ayed Al-Harfi is running for the Riyadh Chamber's Real Estate Committee elections 2025

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Reading time: 2 MinutesAyed Al-Harfi, real estate expert and Chairman of Emaar Advanced Investment Company, announced his candidacy for the Riyadh Chamber's Real Estate Committee 2025 elections, under number (13), setting an ambitious vision aimed at developing the real estate sector, addressing its challenges, and promoting real estate security and sustainability. The electoral program focuses on development and innovation The electoral program is based on a number of important elements, including ... Read more

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