Makkah Vision Real Estate Fund launches and begins accepting applications for compensation for property owners at the Kadwa site

Reading time: < 1 MinuteThe “Developed Neighborhoods” program, one of the initiatives of the Royal Commission for Makkah City and the Holy Sites, with the support and enablement of the Ministerial Committee for Addressing the Situation of Informal Settlements in Makkah City, announced the launch of the “Makkah Vision Real Estate” Fund and that it has begun accepting compensation claims from property owners (who meet the requirements) in the Al-Kadwa area, with a total estimated value of 7 billion riyals. The fund offers two options for compensation to property owners: either a share in … Read more

2,718.4 billion riyals in revenue for 222 companies listed on “Tadawul” in 2024

Saudi Arabia's stock market today

Reading time: < 1 Minute  Reports and press releases showed that the revenues of the 222 companies listed on the Saudi Stock Exchange that announced their 2024 financial results totaled approximately 2,718.4 billion riyals, compared to 2,637.5 billion riyals, representing a 3.1% growth rate and an increase of 80.8 billion riyals. The companies“ net revenue, excluding Saudi Aramco, amounted to approximately 1,081.1 billion riyals … Read more

12 new investment opportunities in Riyadh's parks Learn about them

Residential program

Reading time: < 1 MinuteThe Riyadh Region Secretariat has launched a new package of investment opportunities at 12 diverse locations within the city, as part of its efforts to boost the local economy and enhance the private sector’s role in developing public facilities. The new offering, which is part of the Investment and Privatization Agency’s 2025 plan, aims to enable investors to operate and maintain cafes within a number of public parks in various neighborhoods … Read more

Kuwait allows banks to offer mortgages for the first time

Kuwait - Kuwait Mortgages

Reading time: < 1 MinuteKuwait has finalized arrangements to allow banks to offer mortgages for the first time, in a move that could reshape the country’s financial landscape. The Cabinet is expected to approve the legislation soon, according to people familiar with the matter who declined to be identified due to the sensitivity of the information. This move would open up a market potentially worth $65 billion, representing an increase of 40% … Read more

Asiri architecture. Local creativity that documents urban heritage and defies time

Reading time: 3 MinutesWith architectural concepts ahead of their time and a unique urban aesthetic, the houses, castles, and fortresses of the Asir region have withstood the passage of time and the harshness of the climate—from torrential rains to fierce winds. Early architects excelled at constructing buildings that harmonize with the mountainous environment, using local materials and construction techniques that combine durability, beauty, and cultural distinctiveness, making them architectural masterpieces that retain their splendor to this day. Map … Read more

5.1% Rate of increase in residential real estate prices during the first quarter of 2025

Real Estate - Ejar Platform

Reading time: < 1 MinuteData released by the General Authority for Statistics revealed that real estate prices in the Kingdom rose by 4.3 % during the first quarter of this year, marking the fastest rate of increase since the third quarter of 2023, with the residential sector accounting for the largest share of the increase at 5.1%. Residential property prices in Saudi Arabia were driven by a sharp rise in villa prices of 10.3%, marking the highest rate of increase since the third quarter of 2023. … Read more

General Real Estate Authority licenses 71 online real estate platforms after meeting the necessary conditions

Real Estate Registration Authority Logo

Reading time: < 1 MinuteThe General Real Estate Authority has licensed 71 online real estate platforms with a “FAL” license for real estate brokerage and marketing, since the real estate brokerage system went into effect, after they met the necessary conditions and requirements for obtaining the license and completed the technical integration with the Authority. The Authority confirmed that it continues to accept license applications for real estate platforms through the real estate brokerage platform on its official website, thereby achieving … Read more

Proposals to regulate the relationship between tenant and landlord

2Abdullah Muhammad al-Aziri - To regulate the relationship between the tenant and the landlord

Reading time: < 1 MinuteProposals for Regulating the Relationship Between Tenants and Landlords by Abdullah Muhammad Al-Aziri A proposed law to regulate the relationship between tenants and landlords in Saudi Arabia regarding rent amounts may include several provisions aimed at striking a balance between the rights of both parties, protect tenants from unjustified rent increases, and safeguard landlords’ rights regarding their investments. There are some key ideas that could be included in this proposal: … Read more

Photos | The latest furniture trends for summer 2025 From minimalism to bold colors

Reading time: 4 MinutesIn the world of furniture, every season brings significant changes, especially as we head into the summer of 2025. New furniture trends blend modern and traditional styles, with simplicity and bold colors creating the perfect combination to give every corner of your home a distinctive character. Summer 2025 will see a radical shift in how pieces are selected and arranged, with a strong emphasis on sustainability, design innovation, and functionality… Read more

Today. Saudi International Furniture and Decoration Exhibition 2025 kicks off in Jeddah

Reading time: < 1 MinuteThe Saudi International Furniture and Decor Exhibition 2025 kicks off today, Tuesday, and runs through April 17 at the Jeddah International Exhibition and Convention Center, with the participation of local, regional, and international institutions and companies specializing in the furniture and decor industry. The exhibition is a major event in the world of interior design and decoration, offering an ideal opportunity to showcase the latest innovations and trends in this field, and will provide an exceptional opportunity for companies specializing in … Read more