Month: March 2025

USD 1.22 billion expected to be invested in residential real estate in Saudi Arabia by 2025

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Residential Real Estate - Housing Subsidies

Reading time: 2 MinutesThe residential real estate market in Saudi Arabia is experiencing growing investment momentum, with private-sector buyers expected to spend more than $1.22 billion by 2025, according to a report released Tuesday by real estate consultancy Knight Frank. The report confirmed that the Neom project remains one of the most attractive real estate destinations, but is seeing a noticeable decline in demand, … Read more

Significant activity on the real estate exchange over the past 24 hours... Increase in transactions and trading volume

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Rental Properties - Real Estate - Real Estate - Real Estate Funds - Rental - Licensing -... Real Estate Deals - Real Estate Exchange

Reading time: < 1 MinuteIn trading yesterday, Tuesday, March 11, 2025, the Real Estate Exchange saw a rise in real estate indices, recording a notable performance in the number of transactions and trading values, reflecting active movement in the real estate market at the start of trading. Today’s real estate market indices: The Real Estate Exchange Index reached 10,410.86 points, an increase of 2.73%, indicating a notable improvement in overall performance … Read more

Ramadan. Assessment and planning

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Abdulaziz Al-Issa - Third Amlak Centennial - Lifting the land moratorium - Saudi Media - Vision 2030

Reading time: < 1 MinuteRamadan: Assessment and Planning by Abdulaziz Al-Issa Real estate activity during the blessed month of Ramadan undergoes a noticeable shift, as it is influenced by the changing pace of life and the nature of this holy month. While some tend to reduce their working hours and focus on worship and drawing closer to God, others try to balance the spiritual demands of Ramadan with seizing the golden opportunity to evaluate their work and plan their future projects. It took place … Read more

In pictures... Al-Fath Mosque returns with a new look that reflects the identity of Islamic architecture

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Residential program

Reading time: 2 MinutesAl-Fath Mosque in Al-Jamoum Governorate, in the Makkah Region, is one of the historic mosques undergoing a comprehensive renovation as part of Prince Mohammed bin Salman’s project to develop historic mosques, which aims to revitalize Islamic heritage sites in accordance with the highest standards of sustainability, while preserving their authentic architectural character. It is likely that the Prophet Muhammad, peace be upon him, prayed in … Read more

Liquidity in the Saudi economy grows by more than 236 billion riyals in a year

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Residential program

Reading time: 2 MinutesThe level of liquidity (“available cash”) in the Saudi economy grew by an estimated 236,129 million riyals, or 9.1%, reaching 2,921,472 million riyals by the end of 2024, compared to 2,685,343 million riyals in 2023. These levels reflect the money supply in its broad and comprehensive sense (M3), according to data from the Saudi Central Bank (SAMA)“s monthly statistical bulletin for the month of … Read more

“Flag Day” in honor of its national values

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Reading time: 2 MinutesYesterday, Tuesday, the 11th of Ramadan 1446 AH, corresponding to March 11, 2025 AD, the Kingdom of Saudi Arabia celebrated “Flag Day,“ the day on which King Abdulaziz bin Abdulrahman Al Saud—may God have mercy on him— the flag with its great symbolism, representing monotheism, justice, strength, growth, and prosperity, on the 27th of Dhu al-Hijjah 1355 AH, corresponding to March 11, 1937 AD. It is known as … Read more

General Authority for Statistics: Saudi economy grows by 1.3% in 2024

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Reading time: < 1 MinuteThe General Authority for Statistics released its report on gross domestic product and national accounts indicators for 2024 and the fourth quarter of 2024. According to the report’s findings, real GDP grew by 1.3% in 2024 compared to the previous year, Non-oil activities and government activities grew by 4.3% and 2.6%, respectively, while oil activities saw a decline of … Read more

Real estate registry for 23 neighborhoods in Makkah ends next Thursday

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Cadastre

Reading time: 2 MinutesThe General Real Estate Authority announced that the deadline for the initial real estate registration for 23 neighborhoods in the Makkah region is fast approaching, set to expire at the end of next Thursday, the 13th of Ramadan 1446 AH, corresponding to March 13, 2025 AD. The Authority called on property owners located within the following neighborhoods: (New Al-Shamiya, part of New Al-Shabika, part of New Al-Falq, and part … Read more

Organizational excellence is the key to competitiveness

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Dr.. Dr. Moans Shujaa writes about: Teamwork and Startups

Reading time: < 1 MinuteInstitutional Excellence: The Most Important Factor in Competition Dr. Mounis Shujaa The topic of institutional excellence is frequently discussed in the business world as well as in government sectors that provide services to the public, where these service providers, in offering their products or services to customers or beneficiaries, seek to establish or provide a competitive advantage that adds value for the customer and is not available from other competitors… Read more

Riyadh Municipality reduces building permit application procedures to 180 seconds via “Madinaty” application”

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Residential program

Reading time: < 1 MinuteThe Riyadh Municipality has reduced the processing time for building permit applications from three weeks to just 180 seconds, in a move that reflects its commitment to developing digital services and improving the user experience through the “Madinaty,” which allows procedures to be carried out easily and efficiently in accordance with the latest regulations and standards. The service applies to properties for which building permits have been issued in accordance with the requirements. The service allows property owners who have been issued … Read more

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