Month: February 2025

Saudi Arabia's infrastructure needs $1 trillion in investment over 10 years

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Reading time: < 1 MinuteSaudi Minister of Economy and Planning Faisal Al-Ibrahim revealed that the total investment required for the Kingdom’s infrastructure sector is estimated at approximately $1 trillion over the next decade, noting the growing role of the private sector in the Saudi economy, which aims to contribute 65.1% of GDP by 2030. During his participation in the Public Investment Fund and Private Sector Forum in Riyadh, Al-Ibrahim explained … Read more

Public Investment Fund Forum discusses “Real Estate Potential, Building Financing Capabilities and Partnerships”

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Reading time: < 1 MinuteThe third edition of the Public Investment Fund and Private Sector Forum, held at the King Abdulaziz International Conference Center in Riyadh, has concluded. The panel discussion, titled “Opportunities in the Real Estate Sector: Capacity Building, Financing, and Partnerships” covered several topics, including: an overview of the real estate sector, the future of partnerships, and investment opportunities for real estate developers. The session featured Laila Abdulmunonova, Director of Real Estate and Construction at the Public Investment Fund, and the CEO … Read more

Land Registry and Thiqaqa sign MoU to convert paper deeds into electronic ones

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Reading time: < 1 MinuteThe Real Estate Registry announced the signing of a memorandum of understanding with Thiqah to strengthen their partnership in the field of digital services and smart solutions, with the aim of developing and implementing real estate registration processes, thereby accelerating registration procedures and achieving the target of registering 80% properties within five years. According to the Real Estate Registry, the memorandum of understanding aims to modernize paper documents and convert them into electronic documents, in addition to … Read more

Real Estate Registry for 58 Neighborhoods in Riyadh City and Al-Muzahimiyah and Diriyah Governorates Completed

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Riyadh city

Reading time: 2 MinutesThe General Real Estate Authority announced that the deadline for the initial real estate registration is nearing its end for 22 neighborhoods in the city of Riyadh, 25 neighborhoods in Al-Mazahmiyah Governorate, and 11 neighborhoods in Al-Dir’iyah Governorate. The Authority stated that the real estate registration will conclude in the following neighborhoods in Riyadh: (part of the Arid neighborhood, Wadi Luban, King Abdullah City for Energy, Al-Wisam, Al-Sahab, Al-Marjan, Al-Bashair, Al-Iskan, Al-Bariyah, … Read more

New Square showcases opportunities to collaborate with the private sector at the Public Investment Fund Forum

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Residential program

Reading time: < 1 MinuteNew Square Development Company, a subsidiary of the Fund, participated in the Public Investment Fund and Private Sector Forum, which was held on February 12 and 13 at the King Abdulaziz Conference Hall in Riyadh. New Square’s participation in the forum aimed to strengthen communication with partners and investors, as it showcased the remarkable progress made in the development of the destination, along with currently available opportunities for cooperation, and underscores … Read more

Launch of the “Luxury Darah 34” project in Batha Quraish, Mecca, attended by stars from Al-Wehda Club

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Reading time: < 1 MinuteThe city of Makkah, specifically in the Batha Quraish neighborhood, hosted the opening ceremony for the “Luxury Darah 34” project, which represents a significant addition to the region’s luxury real estate market. The ceremony was attended by a select group of prominent figures, led by stars from Al-Wehda Club, as well as business leaders, investors, and a number of media personalities. The “Luxury Darra 34” project is distinguished by its modern design and integrated facilities, … Read more

10 Tips for Choosing the Right Real Estate Agent to Ensure a Successful Deal

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Reading time: < 1 MinuteChoosing the right real estate agent is a crucial step in ensuring the success of any real estate transaction, whether you’re looking for your dream home or seeking a profitable investment. A professional agent’s role isn’t limited to simply showing properties; it extends to providing expert advice, facilitating legal procedures, and negotiating to secure the best deals. In this article, we offer you 10 golden tips to help you… Read more

Jeddah Development and Urban Development offers investment opportunities to boost the automotive and construction sectors

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Jeddah City Jeddah Real Estate - Jeddah Real Estate - Businesses

Reading time: < 1 MinuteThe Jeddah Urban Development and Development Company announced the launch of two strategic investment opportunities for the establishment and operation of automotive and and construction within the jurisdiction of the Southern Municipality, as part of its efforts to promote economic development and create high-quality investment opportunities; with the aim of organizing and developing integrated environments that support the automotive and construction sectors. The opportunities aim to provide an organized and sustainable environment that enhances the efficiency of the automotive sector and provides advanced infrastructure … Read more

Billion-dollar deals on the real estate exchange Namar neighborhood tops the charts

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Reading time: < 1 MinuteDuring trading on Wednesday, the Real Estate Exchange recorded 1,349 real estate transactions with a total value exceeding 1.7 billion riyals, while the traded area amounted to approximately 8.9 million square meters. According to data from the Real Estate Exchange, the highest recorded price per square meter was 18,700 riyals, while the average price per square meter stood at 194 riyals. The most traded neighborhoods in terms of the most … Read more

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