Month: March 2025

The Federation of Saudi Chambers launches two initiatives to support entrepreneurs Details

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Reading time: < 1 MinuteThe Federation of Saudi Chambers, represented by the National Committee for Entrepreneurship, announced the launch of two initiatives aimed at supporting the entrepreneurship sector in the Kingdom and Saudi entrepreneurs. This came on the sidelines of the Entrepreneurship Evening, organized by the National Committee for Entrepreneurship yesterday in cooperation with Markaz Al Balad Al Amin in Makkah, with the participation of a number of Their Excellencies, officials, representatives of authorities, funding agencies, experts and interested ... Read more

Today. Deadline for documenting water meters before additional services are suspended

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National Water Company

Reading time: < 1 MinuteThe National Water Company has stressed the need to document water meters through its digital channels before March 15, 2025, noting that failure to do so will result in the suspension of additional services such as: Raising requests and reports, up to the suspension of water service. This comes as part of the initiative to document meters and link them to the national identity or residency of the actual beneficiary, thus achieving full utilization of water services, ... Read more

10,422 points. The real estate bourse records a remarkable performance at the end of the week

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Reading time: < 1 MinuteOn Thursday, March 13, 2025, the real estate bourse recorded a strong performance according to market indicators, as the daily real estate index reached 10,422.76 points, recording a rate of change of 7.93. During the past 24 hours, the market witnessed 1,261 transactions worth more than SAR 2.85 billion, while the traded area amounted to 8.97 million square meters. In terms of prices, the highest ... Read more

Investing in hotel real estate during Ramadan Golden opportunities to maximize profits

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Mecca

Reading time: 2 MinutesThe hotel real estate and hospitality sector is witnessing a remarkable revival during Ramadan, especially in holy cities that attract millions of visitors and pilgrims from around the world. With demand for hotels and hotel accommodation units on the rise, there are opportunities for investors to realize record returns during this month. Are investors taking full advantage of this season? What are the most important strategies for hotels to attract guests and maximize ... Read more

Commercial real estate in Ramadan. How are leasing and consumption patterns changing?

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Reading time: 2 MinutesDuring the holy month of Ramadan, consumption patterns change significantly, which has a direct impact on the commercial real estate market. This month witnesses a significant increase in demand for restaurants, cafes, and malls, making it an exceptional season that reshapes the demand for commercial space. How are leasing and consumption patterns affected during this month? What are the key trends for investors in the commercial real estate sector? Read more

Al Diriyah announces 450-unit “Media and Innovation Neighborhood”

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Reading time: < 1 MinuteDiriyah Media and Innovation District will help make Diriyah, the birthplace of Saudi Arabia, a leading global destination for media, technology and creativity, the company announced at MIPIM in Cannes, France, emphasizing that the project will fully support the industry by providing a state-of-the-art environment for global media networks, creative agencies, innovators, ... Read more

ROSHN donates 30 million riyals to the fifth edition of the National Campaign for Charitable Work “Ihsan”

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Rushen

Reading time: < 1 MinuteROSHN Group, a Public Investment Fund (PIF) company, continues its support for the national campaign for charitable work “Ihsan” by contributing 30 million, in a move that reflects the group's commitment to promote social development in various regions of the Kingdom, in line with its mission to improve the quality of life in line with the Kingdom's Vision 2030. Supporting more than 140,000 beneficiaries since the launch of its partnership with the Ihsan platform in ... Read more

Today... Real Estate Registry for 23 Neighborhoods in Makkah Region Completed

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Cadastre

Reading time: 2 MinutesThe General Authority for Real Estate announced that the deadline for the first in-kind registration of real estate for (23) neighborhoods in the Makkah region will expire at the end of today, Thursday, 13 Ramadan 1446 AH corresponding to March 13, 2025 AD. The authority called on the owners of properties located within the following neighborhoods: (the new Shamiya neighborhood, part of the new Shabika neighborhood, part of the new Falaq neighborhood, part of the new ... Read more

Saudi residents spend SAR 13 billion on purchases in the first week of Ramadan

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Residential program

Reading time: 2 MinutesThe number of POS operations in the Kingdom during the period from 02 - 08 March 2025 AD (the first week of Ramadan), amounted to 185,481,000 operations, with a value of 13,096,977,000 riyals, compared to 17,575,070,000 riyals, for the same previous period. According to the Saudi Central Bank's weekly POS bulletin, the number of operations in clothing and shoes amounted to 8,051,000 with a value of SAR 1,227,495,000, and the number of operations ... Read more

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