Month: April 2025

“Tourism” announces that the number of licensed rooms will rise to 475 thousand by the end of 2024

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Reading time: < 1 MinuteThe Ministry of Tourism announced a record increase in the number of licensed rooms in 2024, reaching 475,970 hotel rooms—a 69% increase compared to 2023— according to preliminary data released by the ministry. The official spokesperson for the Ministry of Tourism, Muhammad Al-Rasasma, explained that these figures reflect the results of the ministry’s intensive efforts to enable … Read more

Individuals and villas accounted for the largest share of real estate financing in February

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Saudi Central Bank

Reading time: < 1 MinuteThe residential mortgage market for individuals in Saudi Arabia saw a notable recovery in February 2025, as data from the Saudi Central Bank (SAMA) showed a significant increase in the volume of new financing provided to individuals through banks, reaching 8.91 billion riyals—a 28% jump compared to the same period in 2024—in a clear indication that momentum is returning to the residential sector. According to the data … Read more

“Spirit of Saudi Arabia is a Platinum Sponsor of the Umrah and Visit Forum 2025

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Reading time: < 1 MinuteThe Saudi Tourism Authority announced that “Spirit of Saudi Arabia” will serve as a Platinum Sponsor of the Umrah and Visitation Forum 2025, the second edition of which will take place at the King Salman International Convention Center in Madinah, from April 14 to 16, under the patronage of the Governor of the Madinah Region, His Royal Highness Prince Salman bin Sultan bin Abdulaziz Al Saud. It also announced … Read more

Amir of Northern Borders hands over a number of housing units to beneficiaries in Rafha governorate

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Residential program

Reading time: < 1 MinuteHis Royal Highness Prince Faisal bin Khalid bin Sultan bin Abdulaziz, Governor of the Northern Border Region, handed over the keys to a number of housing units to eligible families in Rafha Governorate at his office today, in the presence of a number of regional officials. His Highness emphasized the wise leadership’s commitment to supporting both the government and charitable sectors in providing adequate housing for citizens, noting the efforts of the members of the Executive Committee … Read more

Managing Real Estate Projects with Artificial Intelligence

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Abdulrahman Al-Qout - Real Estate Sales - Multiple Options - Selling Residential Units

Reading time: 2 MinutesManaging Real Estate Projects with Artificial Intelligence Abdulrahman bin Ali Al-Qut “Can artificial intelligence manage a real estate project better than a human?” During an important meeting with a major real estate developer, the executive posed a question: “Why do we still manage our projects the traditional way when artificial intelligence can do everything with twice the precision?” The room fell silent for a few moments before he replied … Read more

Commercial vs. residential real estate. Which is the best investment in Saudi Arabia?

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Imad Al-Abdalrahman - Economic Journalist - Riyadh Metro - Foreign Investment in Real Estate - Elevators - Amlak Real Estate Newspaper

Reading time: 2 MinutesCommercial vs. Residential Real Estate: Which Is the Best Investment in Saudi Arabia? Dr. Emad Al-Abdulrahman Many people seeking investment opportunities in general—and real estate investments in particular—find themselves at a crossroads, wondering whether investing in the residential sector is more profitable than investing in commercial real estate, or whether the opposite is true. We will attempt to answer this question… Read more

Real estate investment in secondary cities Supports urban decentralization

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Hisham Al Qasem Real Estate Articles - Real Estate Investment - National Day 95 - Housing Projects Don't buy a property without a consultant - The Journey of Home Ownership

Reading time: 2 MinutesReal Estate Investment in Secondary Cities... Architect Dr. Hisham Al-Qasim supports urban decentralization. In the context of the comprehensive transformations taking place in the Kingdom of Saudi Arabia under Vision 2030, secondary cities are emerging as a promising hub for urban development strategies and real estate investment. After decades of urban and economic concentration in a limited number of major cities—primarily Riyadh, Jeddah, and Dammam—it has become necessary … Read more

Red brick or cement: Which is the better choice for construction?

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Reading time: 2 MinutesWhen it comes to construction, one question always comes to mind for engineers and developers: Should we choose traditional red brick or modern concrete brick? With advances in construction technology and evolving market needs, the choice between these two types of bricks has become more complex, as each has advantages and disadvantages that affect cost, quality, durability, and even environmental considerations. But which is best suited for construction … Read more

“National Water” starts implementing 30 projects in Riyadh region with about two billion riyals

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National Water Company

Reading time: 2 MinutesThe National Water Company, represented by its Central Region, announced the start of implementation of 30 new water and wastewater projects in the Riyadh region, with a total length of pipelines and networks reaching 1,955 kilometers, at a total cost of nearly two billion riyals. This is part of its ongoing efforts to implement its strategic plans to develop infrastructure in both the water and environmental services sectors, based on its initiatives designed to increase the rates of … Read more

Jeddah International Construction 2025 showcases the Kingdom's construction market

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Reading time: < 1 MinuteNext Tuesday, the Jeddah Governorate will host the Jeddah International Construction Exhibition 2025 (JEX), organized by the Jeddah Chamber of Commerce, with the participation of a number of local and international companies. The three-day event will take place at the Jeddah Events and Forums Center. The exhibition serves as an ideal platform for local and international companies to capitalize on the tremendous opportunities in the Kingdom’s construction and building market and to make significant progress in planning and launching major projects in … Read more

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