Big 5 Construct Saudi 2025 continues amidst a large number of interested parties and specialists

Reading time: 3 MinutesMohammed Abdulaziz Al Ajlan, Chairman of the Saudi Contractors Authority, inaugurated the 13th edition of Big 5 Construct Saudi at the Riyadh Front Exhibition and Convention Center, unveiling its new two-week format designed to meet the growing market demand and sector-specific growth opportunities in the construction industry in ... Read more

Housing prices drive inflation higher in Saudi Arabia last month

Reading time: < 1 MinuteSaudi Arabia's annual inflation rate rose in January, recording 2% compared to 1.9% in December, according to data from the General Authority for Statistics (GAS) released on Sunday. Prices of housing, water, electricity, gas and other fuels recorded a notable increase of 8% in January, while food and beverage prices rose by 0.8%, while transportation costs declined ... Read more

New agreement to boost infrastructure for electric vehicle charging stations

Reading time: < 1 MinuteRiyadh Development Company (RDC) has signed a strategic agreement with EVIQ, an electric vehicle infrastructure company specialized in the development and operation of electric vehicle charging stations, on the sidelines of the Public Investment Fund and Private Sector Forum, held at the King Abdulaziz International Convention Center in Riyadh. The agreement comes as part of the two parties“ efforts to enhance the Kingdom's sustainable transportation infrastructure, ... Read more

“Water” and ”Electricity” call for speedy documentation and connection of meters to the actual beneficiary

National Water Company

Reading time: < 1 MinuteThe companies providing water and electricity services called on all beneficiaries, citizens and residents, to expedite the documentation of meters with the actual beneficiary, before starting the procedures for disconnecting the service from the undocumented meters. The service providers pointed out that the meter documentation procedures have been provided by several entities, which focused on awareness and definition of the importance of documentation for the beneficiary and the service provider, and many channels have been made available ... Read more

Secretary of Riyadh: Riyadh Development deal stimulates investments and maximizes financial returns

Residential program

Reading time: 2 MinutesPrince Faisal bin Abdulaziz bin Ayyaf, Secretary of Riyadh Region and Chairman of the Board of Directors of Riyadh Reconstruction and Reemat Riyadh Development Companies, confirmed that increasing the capital of Riyadh Reconstruction Company comes within the framework of the Secretariat's strategy to stimulate investments and maximize financial returns, which enhances the financial sustainability of the city in light of the unprecedented development movement witnessed by the capital. Bin Ayyaf pointed out that ... Read more

“Damanat” and “Re” collaborate to strengthen the mortgage finance sector and support the National Housing Program

Saudi Housing Guarantee Company (Damanat)

Reading time: < 1 MinuteThe Saudi Real Estate Housing Guarantee Services Company (Damanat) and the Saudi Reinsurance Company (Re) announced the signing of a Memorandum of Understanding (MoU) aimed at strengthening their cooperation in the field of reinsurance. Through this agreement, the two companies seek to achieve several key objectives, including developing innovative risk management solutions, enhancing the growth and stability of the financial sector, providing technical support for the development of insurance products and services ... Read more

Restatex Riyadh Real Estate 2025 kicks off in Riyadh Today, Monday

Reading time: < 1 MinuteRestatex Riyadh Real Estate 2025 kicks off at the Riyadh International Convention and Exhibition Center today, Monday, and will continue until February 20, 2025, with the participation of a large number of government agencies, real estate companies, developers and investors. The exhibition aims to highlight the role of the real estate sector in influencing efforts to diversify investment sources as one of the most important goals of the Kingdom's Vision 2030. It also conveys developments in ... Read more

Contractors Authority launches the 5th International Contracting Conference in Riyadh

Residential program

Reading time: < 1 MinuteThe Saudi Contractors Authority (SCA) launched the 5th International Contracting Conference, under the patronage of SCA Chairman Mohammed bin Abdulaziz Al-Ajlan, at the Riyadh Front for Exhibitions and Conferences, which will run from February 15-16, 2025, in conjunction with the Big5 Saudi exhibition, which targets more than 75,000 visitors to the exhibition. The conference, now in its fifth edition, is a platform ... Read more

Is owning a smart home worth it? Advantages and disadvantages to know

Reading time: 2 MinutesIn a world dominated by technology, the concept of a “smart home” has become a tempting option for many individuals seeking comfort and convenience. From controlling devices remotely to automating daily tasks, smart homes offer a sophisticated experience that makes life easier. But does this development come without challenges? In this report, we explore the pros and cons of owning a smart home to help you decide... Read more

Minister of Transport: Investment opportunities in partnership with the private sector worth 240 billion riyals

Reading time: < 1 MinuteMinister of Transport and Logistics Saleh Al-Jasser revealed that 80% of the targeted investments in the transportation and logistics sector will be from the private sector, as part of the framework of strengthening the partnership between the public and private sectors. The minister's remarks came during a panel discussion at the Public Investment Fund and Private Sector Forum, which kicked off today in Riyadh, where he emphasized that these investments will be ... Read more