Month: May 2025

Administrative harmony

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Reading time: < 1 MinuteDr. . Moanis Shujaa Management is the most important element that is practiced in all governmental or commercial sectors and even the third sector “charity” and as it is said “management is a science and art” and the art here is the cornerstone of administrative success through the application of this ancient science since the age of man's practice of business throughout history, which has developed significantly over the past few decades. Despite the great development ... Read more

The storm of U.S. tariffs Can emerging economies withstand global shifts?

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Reading time: 2 MinutesAt a time when politics and economics are intertwined and sovereign decisions are turning into waves sweeping global markets, the recent announcement of comprehensive US tariffs came to shuffle the cards and redraw the paths of international trade. On April 2, the US President announced the implementation of a unified tariff of 10% on all imports, while raising it to 50% on certain countries, ... Read more

SAR 4.7 billion in first-quarter sales for the attribution and liquidation center

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Reading time: < 1 MinuteThe Enforcement Center achieved sales worth more than 4.7 billion riyals through physical and electronic auctions during the first quarter of this year, through which it sold 2,147 real estate assets in different regions of Saudi Arabia. The Riyadh region accounted for about 50% of the total value of sales with 2.9 billion riyals for 488 real estate assets, while the Makkah region came in second place with 1.1 billion riyals ... Read more

Real estate transformation in the Kingdom: Investment opportunities backed by a vision for the future

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Reading time: 2 MinutesArchitect Dr. Hisham Al-Qasim The real estate market in Saudi Arabia is undergoing fundamental transformations driven by Vision 2030, which aims to build a diversified and sustainable economy. The real estate sector is one of the main drivers of this transformation, whether in supporting housing projects or the development of smart cities and new economic zones. In this article, we highlight the key features of this transformation, and review the opportunities and challenges that are shaping ... Read more

Al Bakiri Real Estate Auction Company announces the auction of Manabat Al Kharj

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Reading time: < 1 MinuteAl Bakiri Real Estate Auction Company, under the supervision of the Enforcement and Liquidation Center and a ruling from the Personal Status Court, announces the auction of «Manabat Al Kharj», the auction offers a millionaire farm in a strategic location in Al Kharj city, where the farm is characterized by its proximity to the old Riyadh Al Kharj road and the most prominent quality projects/services in Al Kharj; which makes it a promising strategic investment destination. The auction is also an opportunity ... Read more

Recent reports predict continued growth in the Saudi real estate market. and the expansion of real estate finance

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Real estate development companies

Reading time: 2 MinutesIn a recent report, global credit rating agency Standard & Poor's (S&P) predicted that Saudi Arabia's residential real estate market will continue to grow, driven by ambitious government plans and changing consumer preferences. At the same time, however, it warned that costs and execution risks must be carefully managed, especially in light of the current economic challenges and relatively high interest rates. Ownership rate nears target, says ... Read more

NHC signs 11 strategic agreements during the Real Estate Supply Chain Forum 2025

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Residential program

Reading time: < 1 MinuteNHC announced the signing of 11 strategic agreements and quality initiatives yesterday, during its participation in the Real Estate Supply Chain Forum 2025, which was held at the Al Faisaliah Hotel in Riyadh, with a total value of more than 145 million riyals. The agreements included strategic initiatives with the General Authority for Small and Medium Enterprises to increase the number of national suppliers and provide training programs, as well as a cooperation agreement with Sukuk ... Read more

Details... The draft system for the sorting and ownership of real estate units and the management of common areas is out for consultation

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Off-plan real estate projects

Reading time: < 1 MinuteThe General Real Estate Authority (GRA) has launched the draft system of sorting and ownership of real estate units and managing common areas through the “Explore” platform, with the aim of soliciting the opinions of government agencies, the private sector and the public about the project. The Real Estate Authority explained that the draft system of sorting and ownership of real estate units and managing common areas aims to organize transactions in the real estate market, through which it provides transparency ... Read more

Infographic: Riyadh Municipality completes infrastructure works for 24 plans in 2024

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Reading time: < 1 MinuteThe Riyadh Municipality has completed infrastructure works in 24 private plans in the city during 2024, with a total area of more than 11 million square meters. The works included the implementation of more than 215,000 linear meters of streets, asphalting areas exceeding 3.1 million square meters, in addition to implementing sidewalks with an area of 355,000 square meters. The plans were equipped with 707 signboards to enhance safety and 6,655 lampposts to improve ... Read more

Zakat Commission approves new executive regulations for the real estate transaction tax system

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Zakat, Tax and Customs Authority

Reading time: < 1 MinuteThe Board of Directors of the Zakat, Tax and Customs Authority has approved the new executive regulations of the Real Estate Transaction Tax System, which came to define the mechanisms and criteria for applying the tax on real estate transactions in the Kingdom. 5% tax on any real estate transaction The executive regulations of the Real Estate Transaction Tax System stipulate that a 5% tax will be imposed on any real estate transaction, regardless of the condition, form, or use of the property at the time of ... Read more

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