Month: February 2025

Real Estate Apps. A new engine for the real estate market in the digital age

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Real estate applications

Reading time: 2 MinutesWith the world going digital, the real estate industry is one of the sectors that has benefited the most from technological advancements. Real estate apps are playing a game-changing role within the real estate market, whether by facilitating searches and purchases, improving the user experience, or even supporting investors and developers in making accurate decisions. How have these ... Read more

Real estate registration begins for 40 neighborhoods in Qatif and 18 real estate parcels in Harimla February 23

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Cadastre

Reading time: < 1 MinuteThe General Real Estate Authority (GRA) announced the start of real estate registration work for (30,297) real estate pieces in (40) neighborhoods in Qatif Governorate and (18) real estate pieces in Harimla Governorate, starting from February 23 until the end of May 29, 2025. The Authority explained that the neighborhoods benefiting from the real estate registry in this phase include the following neighborhoods in Qatif Governorate: (Al-Ruwayha, Al-Kawthar, Al-Badr, Granada, ... Read more

Citizen Account deposits 3.1 billion riyals to beneficiaries of the February payment

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Residential program

Reading time: < 1 MinuteToday, the Citizen Account Program deposited 3.1 billion riyals of the February subsidy allocation to beneficiaries who completed their applications, as the number of beneficiaries who met the eligibility criteria in the eighty-seventh installment reached more than 10 million beneficiaries and continued. The Director General of Communication for the Citizen Account Program, Abdullah Al-Hajri, said that the total amount paid by the program to beneficiaries since its launch is 232 billion riyals, including 2.7 billion ... Read more

3 types of real estate auctions in Saudi Arabia to suit all needs

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Reading time: < 1 MinuteThe General Real Estate Authority (GRA) has announced the provision of various options for organizing real estate auctions, allowing interested parties to choose the most appropriate type according to the nature of the property and the purpose of the auction. This step aims to enhance transparency in the real estate market and organize sales and leasing operations in a guaranteed manner, while providing easy and facilitated procedures for individuals and companies. Details of the types of real estate auctions The General Authority for Real Estate provides three types... Read more

The government's Sukuk product, what are its main features and how to buy it?

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Real estate expert Mutair Al-Shammari - Land Selection

Reading time: 2 MinutesWith the growing search for safe investment tools away from the volatility of the markets, the government's Sukuk savings product stands out as an ideal option for those wishing to invest their money in a stable and secure manner. Matar Al-Shammari revealed the details of this product, noting that it is part of the government's efforts to promote a culture of savings and develop personal investments in an organized and safe manner. Why Sukuk is... Read more

2.9 trillion riyals of cash in Saudi Arabia by the end of 2024

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Reading time: 2 MinutesMonetary liquidity in the Saudi economy (money supply 3) witnessed a remarkable rise by the end of 2024 by 8.8% year-on-year, equivalent to an increase of 236.13 billion riyals, according to a monitor based on data from the Saudi Central Bank (SAMA). Total liquidity reached SAR 2.921 trillion by the end of December 2024, compared to SAR 2.685 trillion in the same month of 2023. ... Read more

Virtual and augmented reality. How is technology changing the future of real estate?

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Reading time: 3 MinutesWith rapid technological advancements, the construction and real estate industry has become one of the most innovative sectors to improve efficiency and reduce costs, with the advent of new technologies such as virtual reality (VR) and augmented reality (AR). With the advent of technologies such as virtual reality (VR) and augmented reality (AR), companies can strike a better balance between quality, time and cost, while enhancing the experience for clients and engineers alike. VR and AR have become essential tools ... Read more

Investments and strategic partnerships worth $14.9 billion on the first day of LEAP 2025

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LEAP 2025

Reading time: < 1 MinuteThe Leap 2025 global technology conference in Riyadh witnessed a strong start with the announcement of quality investments and strategic partnerships totaling more than $14.9 billion (about SAR 56 billion) during the first day of its activities. The Ministry of Communications and Information Technology (MCIT) emphasized that these investments come within the framework of supporting the Kingdom's leadership in the fields of artificial intelligence and advanced technologies ... Read more

Between real estate and journalism: Lessons from the field

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Exhibitions and conferences

Reading time: < 1 MinuteBetween real estate and journalism: Lessons from the field Maha Alangari Fieldwork is an essential milestone in the career of a trainee journalist, as it allows them to have direct contact with events and acquire analytical skills. Among the experiences I had as a journalism student was my coverage of real estate exhibitions, which revealed to me the dynamics of the real estate market and its impact on the economy and investment. These exhibitions are not limited to ... Read more

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