Reading time: 2 MinutesNew US tariffs 10% on the United States' trading partners around the world went into effect on Saturday, as part of a strategy to boost domestic investment by companies wishing to avoid import taxes. US stocks: $5.4 trillion loss as countries consider how to respond to Trump's latest tariffs, which raised U.S. tariffs to the highest ... Read more
Reading time: < 1 MinuteDuring the first quarter of 2025, residential real estate trades in the real estate bourse indices won the highest percentage of 87.8%, commercial real estate reached 6%, then agricultural real estate, while the total value of trades achieved 28.1 billion riyals, a slight decrease of about 1%. The statistics showed that the number of real estate transactions decreased to 15,786 transactions compared to 18,776 transactions year-on-year, a decrease of 16% ... Read more
Reading time: 2 MinutesIn light of the escalation of land prices and rents in the capital Riyadh, Finance Minister Mohammed Al-Jadaan revealed important statements, through which he highlighted a series of new government directives, which aim to rebalance the real estate market and achieve housing stability for citizens. In an intervention on Al-Ekhbariya TV, Al-Jadaan emphasized that these generous directives represent a strategic step to address the challenges ... Read more
Reading time: < 1 MinuteDuring the month of March, the Infrastructure Projects Center in Riyadh carried out more than 16,000 control rounds on project works in Riyadh city and the governorates of the region, which resulted in the detection of more than 2,300 violations, and the center received more than 18,000 reports of violations of the controls and requirements of infrastructure projects. The violations varied between the lack of cleanliness of work sites during ... Read more
Reading time: < 1 Minute The Saudi Council of Engineers has announced that it is offering intensive courses in Saudi architecture to train and qualify engineering offices and companies on the 19 architectural styles adopted in the Kingdom, whether for commercial or residential buildings, in preparation for the implementation of the Saudi Architecture Map. The Kingdom recently launched the architecture map, which includes 19 architectural styles inspired by the geographical characteristics of ... Read more
Reading time: 2 MinutesThe Ministry of Commerce announced the entry into force of the Commercial Registry and Commercial Names Systems and their executive regulations as of today, April 3, and the return of the services provided to the business sector related to the two systems after their development to keep pace with the legislative aspect of the two systems. This comes as a continuation of the development of the legislative system that promotes the practice of business, in line with the economic and technological developments and the transformation witnessed by the Kingdom in Vision 2030. The registry system facilitates ... Read more
Reading time: 2 MinutesWhen choosing flooring, many find themselves faced with the dilemma of choosing between traditional wood flooring and parquet, both of which have an attractive appearance and a warm touch that adds luxury to any space. But what is the difference between the two and which option is better in terms of durability, cost, and ease of maintenance? In this report, we reveal the essential differences between laminate and parquet flooring to help you make the best decision for your home or ... Read more
Reading time: 3 MinutesLighting is not just a way to illuminate spaces, it is an essential element in interior and exterior design, playing a pivotal role in defining a home's atmosphere and visual impact. Through the smart distribution and selection of the right light sources, narrow spaces can be transformed into spaces that feel larger and more comfortable, and decorative elements can be highlighted in a way that enhances the beauty of architectural details. But how can lighting ... Read more
Reading time: < 1 MinuteThe commercial registration and trade names systems came into effect on Thursday, and the necessary penalties for violators have been determined, including warning the trader, or obliging him to take the necessary steps to avoid the violation in the future, or obliging him to correct the effects of the violation, or issuing a decision to correct the data recorded in the commercial register. The Ministry of Commerce spokesperson Abdulrahman Al-Hussein explained that fines ranging from 500 ... Read more
Reading time: 2 MinutesLifting the moratorium on selling, buying, dividing and retailing in the north of Riyadh and approving new plans is a strategic step to reset the real estate market and enhance its balance, ensuring its sustainability and competitiveness, in line with the objectives of Vision 2030, according to the Royal Commission for Riyadh City and the Council of Economic and Development Affairs. The directives came after in-depth studies conducted by the Royal Commission for Riyadh City and the Council of Economic and Development Affairs, against the backdrop of the remarkable rise in the prices of ... Read more
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