Month: February 2025

96.2 million riyals in real estate transactions in 24 hours

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Riyadh city

Reading time: < 1 MinuteThe Saudi real estate market continues its activity, as the real estate exchange recorded today, Saturday, February 1, 2025, a performance that reflects the movement of real estate transactions in various regions of the Kingdom. In this report, we review the most prominent indicators, in terms of the number of transactions, value, and traded areas, in addition to price details and the most active neighborhoods. Details of the real estate indicators: Real Estate Daily Index: 10,285.15 points. Rate of change: 0.10%. ... Read more

“Real Estate Authority: Extension of applications to join the experimental regulatory environment for real estate technology companies

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Real Estate Registration Authority Logo

Reading time: < 1 MinuteThe General Real Estate Authority (GRA) has announced the extension of the period of receiving applications to join the Sandbox regulatory environment for emerging real estate technology companies wishing to create a flexible and realistic environment to test innovative models in the fields of real estate technology, ensure their compatibility with current regulations and legislation, and develop them to achieve the objectives of real estate sector development and sustainability. The official spokesperson of the General Authority for Real Estate, Tayseer bin Mohammed ... Read more

Municipalities and housing: 12 agreements signed with 6 billion riyals to support the housing sector

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Ministry of Municipalities and Housing

Reading time: < 1 MinuteThe Ministry of Municipalities and Housing announced that the fourth edition of the Future of Real Estate Forum succeeded in signing 12 agreements for distinguished real estate projects worth more than 6 billion riyals, in the framework of promoting the growth of the real estate sector and increasing the housing supply in various regions of the Kingdom. The Ministry of Municipalities and Housing announced the success of the fourth edition of the Real Estate Future Forum in signing 12 agreements for distinctive real estate projects worth more than 6 billion riyals, as part of enhancing the growth of the real estate sector and increasing the housing supply ... Read more

Ministry of Commerce solicits feedback on draft regulations on trade names

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Ministry of Commerce Financial Statements Filing

Reading time: < 1 MinuteThe Ministry of Commerce invited interested parties and the public to express their views and suggestions on the draft executive regulations of the Trade Names System, based on the principle of participation and transparency. The Ministry of Commerce explained that the draft regulation aims to organize the procedures for reserving and registering trade names, enhancing their value, and ensuring their protection and related rights based on the Trade Names System. The most prominent provisions of the draft regulations include setting controls ... Read more

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