Reading time: 2 MinutesSaudi Arabia's industrial warehouses have reached near-full occupancy amid an accelerated industrial transformation, with occupancy reaching 98% in Riyadh and 97% in Jeddah, with a sharp increase in demand and warehouse rents in the capital rising by 16%, according to Knight Frank, the global real estate consultancy. The company noted in its report on the industrial market. Read more
Reading time: < 1 MinuteThe spokesperson for the General Real Estate Authority (GRA), Tayseer Al-Mufaraj, confirmed that the real estate market is witnessing many common violations that some people may commit unknowingly, especially with regard to providing recommendations by unqualified people, which may negatively affect individuals“ decisions and miss promising real estate opportunities. In his intervention during the program ”Ya Hala" on Rotana TV, he explained... Read more
Reading time: 7 MinutesHis Excellency the Minister of Information, Mr. Salman bin Yousef Al Dosari, stressed that the record numbers, major successes and achievements in the goals and programs of the Kingdom's Vision 2030 during 2024 indicate that the vision is no longer limited to time and space, but has become an inspiring model for nations, peoples and societies. This came during His Excellency's speech at the 11th edition of the Government Press Conference in ... Read more
Reading time: < 1 MinuteAs part of its continuous endeavor to promote economic development and enable the private sector to contribute to improving the quality of services and attracting investors, the Al-Baha Municipality offered 234 investment opportunities during the first quarter of this year. The municipality explained that the investment opportunities include (resorts and hotels, residential, commercial and recreational projects, gas stations, waste recycling, and billboards), in order to ... Read more
Reading time: < 1 MinuteThe Minister of Municipalities and Housing, Majid Al Haqeel, revealed that new decisions on white land fees will be issued soon, noting that they come as part of the ministry's efforts to control the real estate market and balance supply and demand. This came during the government press conference that reviewed the results of the annual report of Saudi Vision 2030, where Al Haqeel emphasized that these measures will contribute to moderating the prices of ... Read more
Reading time: 2 MinutesMinister of Housing and Municipalities Majid Al-Hogail revealed that the size of the real estate sector increased from 170 billion riyals to 850 billion riyals in 2024, and pointed to its contribution to 16% of the total foreign direct investment flows, and stressed during the government press conference held on Monday evening that the efforts made contributed to the ownership of more than 850 thousand Saudi families in their homes until ... Read more
Reading time: 5 MinutesSaudi Architecture Map: Challenges for designers, opportunities for local creativity Explore: Abdullah Al-Salih: The Saudi Architecture Map contains 19 architectural styles inspired by the geographical nature and cultural identity of each region. This initiative not only aims to improve the urban landscape and enhance the quality of life, but also seeks to establish an inspiring architectural identity that embraces the past and keeps pace with the future. Will this map succeed in ... Read more
Reading time: 2 MinutesReal estate expert Yousef Al-Sharida praised the generous donation made by His Royal Highness Prince Mohammed bin Salman, Crown Prince and Prime Minister, at his own expense of one billion riyals - to the Community Development Housing Corporation (Sakan), represented by Joud Al-Askan; with the aim of supporting the ownership of housing for beneficiaries and deserving families, noting that it will make a qualitative leap in the stability of the real estate market, and enhance the achievement of the goals ... Read more
Reading time: 2 MinutesIn a step that reflects the deep vision of the Kingdom's leadership towards enhancing social stability and realizing the aspirations of citizens to own housing, His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud - may God protect him - made a generous donation of one billion riyals to the Sakan Foundation, represented by the Joud Housing platform. This donation is not only a philanthropic initiative, but also represents a strong push to support the ... Read more
Reading time: < 1 MinuteHis Excellency Minister of Municipalities and Housing, Majid bin Abdullah Al-Hogail, extended his thanks and gratitude to His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, for his generous donation of one billion riyals to the Community Development Housing Corporation (Sakan), through the “Joud Housing” platform. Al-Huqail emphasized that this generous donation will contribute to the ownership of ... Read more
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