Month: May 2025

Discussions. Real estate legislation and its role in the sustainability of the real estate sector in Saudi Arabia

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Reading time: < 1 MinuteIn an important step towards enhancing cooperation between the public and private sectors, a panel discussion led by His Highness Prince Waleed bin Nasser Al Saud, CEO of Makashifa, was held at Restatex Jeddah Real Estate 2024, entitled “Developing Legislation and its Role in the Sustainability of the Real Estate Sector,” to discuss the development of real estate legislation and its role in the sustainability of the sector. Private Sector Participation in the Development of Legislation The ... Read more

Video... Conditions for successful real estate investment in land

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Reading time: 2 MinutesAbdullah Al-Otaibi, a real estate expert, revealed the best strategy to make good profits from real estate investment, highlighting the great importance of investing in land. Al-Otaibi explained in a video clip that land is considered the ideal choice for real estate investment, as it is the basis for all other types of real estate. Al-Otaibi pointed out that investing in other real estate such as houses and buildings requires many costs associated with licenses, ... Read more

140 billion riyals of off-plan sales in 2024

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Reading time: < 1 MinuteDr. Mohammed Al Qarnas, Executive Director of Enabling Real Estate Development, confirmed that sales of off-plan sales projects in the Kingdom recorded a significant jump during 2024, reaching more than SAR 140 billion, with 192 projects licensed, including 104,000 housing units. These figures reflect the positive growth witnessed by the real estate development sector, pointing to the efforts made to promote financing ... Read more

Video... New regulations to control real estate prices and rents in Saudi Arabia

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Reading time: 2 MinutesIn a move aimed at achieving a balance in the rental market, the CEO of the General Authority for Real Estate, Engineer Abdullah Al-Hammad, denied the existence of any immediate decisions regarding limiting the rise in rents, stressing that the authority is working on studying the appropriate controls for this matter, benefiting from international experiences to ensure the desired effect in regulating the relationship between landlords and tenants. #Fourth Bulletin | CEO of the Public Authority ... Read more

524 exhibitors participate in «Riyadh International Industry Week 2025»

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Reading time: < 1 MinuteRiyadh will host «Riyadh International Industry Week 2025», which will be held under the patronage of the Ministry of Industry and Mineral Resources, from May 12 to 15, 2025, at the Riyadh International Convention and Exhibition Center, with the participation of more than 524 exhibitors from different countries of the world, with an expected attendance of more than 25,000 visitors from specialists ... Read more

Report reveals: Saudi Arabia's real estate market continues to rise, supported by demand and foreign investment

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Private Sector - Saudi Economy - Construction Contracts in Saudi Arabia

Reading time: 2 MinutesWith unprecedented economic momentum and continued government support, Saudi Arabia's real estate sector continues to shine, attracting the attention of local and international investors and recording impressive results in the first quarter of 2025, according to a recent report by global real estate consultancy CBRE. The report revealed a strong performance of the real estate market in Saudi Arabia ... Read more

“MODON signs contracts and agreements worth more than 2.3 billion riyals to empower mining industries

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Reading time: 2 MinutesThe Saudi Industrial Cities and Technology Zones Authority (MODON) has signed industrial contracts and agreements worth more than 2.3 billion riyals to enable the mining industries in line with the objectives of the Kingdom's Vision 2030 to transform the mining sector to be the third pillar of the national industry. This came during MODON's participation as a strategic sponsor of the fourth edition of the International Mining Conference, organized by the Ministry of Industry and Mineral Resources in Riyadh under the patronage of the Custodian of the Two Holy ... Read more

5 essential tips for buying furniture that will last for years to come

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Reading time: 2 MinutesFurniture is an essential part of the composition of our home, it's not just items that fill spaces, it's our partner in creating everyday memories, reflecting our personal taste and lifestyle. When it comes to buying furniture, we all want our choice to be both durable and beautiful. However, with the variety of options available in the market, it can be difficult to make the right decision that ensures... Read more

Water consumption. How does it affect the world's economies?

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Reading time: 5 MinutesDespite the current great technological progress that affects all aspects of life, especially the economy, the latter remains strongly dependent on natural resources, especially water. Since the dawn of history, people have settled near water sources, whether rivers, springs, oases, or wells, to meet their basic needs, whether in agriculture or ... Read more

Annual growth in real estate financing from banks slowed in March

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Reading time: 2 MinutesAlthough new residential mortgage financing for individuals in Saudi Arabia recorded an annual growth of 12.7% during March 2025, central bank data revealed a sharp slowdown in the growth of financing provided by banks on an annual basis, reaching the lowest level since August 2024, reflecting a disparity in the performance of the sector between banks and real estate finance companies. According to SAMA's data, financing reached ... Read more

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