Saudi economy records highest liquidity in its history with SAR 3 trillion as of February

Reading time: < 1 MinuteThe levels of liquidity “available money” in the Saudi economy recorded positive growth, reaching its highest historical levels by the end of February 2025, with an annual increase of 277,490 million riyals, with a growth rate of 10.1%, bringing the total liquidity to 3,033,684 million riyals, compared to 2,756,193 million riyals in the same period of 2024, and this good performance reflects the growth of the money supply in its concept ... Read more

Infographic - Growth of exported business records 48% during the first quarter of 2025

Reading time: < 1 MinuteThe Ministry of Commerce issued its quarterly summary of the business sector for the first quarter of 2025, including a look at the performance of the business sector and its developments in the Kingdom. The bulletin discussed the development of the legislative environment with the entry into force of the commercial register and trade names systems and their executive regulations, and their role in facilitating doing business and reducing the financial burdens on enterprises by practicing trade with one commercial register at the level of the Kingdom. The Ministry of Commerce announced that the total number of records issued ... Read more

Medina rises 7 places in IMD's 2025 Smart Cities Index

Reading time: 2 MinutesMedina has achieved global progress in the IMD Smart Cities Index for 2025, moving up 7 places to reach 67th place globally, a step that reflects the progress witnessed by Medina in adopting smart solutions and developing a sustainable and integrated urban environment. This achievement is an extension of the national trend towards building smart cities that contribute to improving the quality of life and enhancing urban competitiveness, within the objectives of the vision of ... Read more

Undersecretary of the Ministry of Municipalities and Housing: Cabinet decision will enable a large segment of the population to own homes

Reading time: < 1 MinuteThe Undersecretary of the Ministry of Municipalities and Housing to stimulate housing supply and real estate development, Abdulrahman Al-Tawil, revealed that the Cabinet's decision to grant the ministry the authority to sell housing units to non-beneficiaries of housing subsidies will enable a large segment of individuals and families to own homes in the ministry's housing projects. In an interview on Al-Ekhbariya, Al-Tawil explained that the target groups of this decision include singles, divorced women, ... Read more

213 development projects under construction in Madinah with investments exceeding 210 billion riyals

Medina Municipality headquarters - an investment opportunity

Reading time: 2 MinutesThe economic sector in Medina is witnessing huge development projects in the Medina region, according to the economic report issued by the Medina Chamber for the first quarter of 2025. Currently, 213 development projects are being implemented with a total value of more than 210 billion riyals, including 188 private sector projects and 15 government projects, while the area of investment lands for these projects exceeds 15 million meters ... Read more

Report reveals how Egypt's interest rate cut is helping to revive the real estate sector despite rising construction costs

Reading time: 2 MinutesAmid rising fuel prices and increasing construction costs, real estate developers are optimistic about the future of the market after the Central Bank of Egypt (CBE) cut interest rates for the first time in more than four years, a move they say addresses a long-term financing gap and supports the restoration of investment activity. During the second Monetary Policy Committee meeting of 2024, the CBE cut key interest rates by 225 ... Read more

UK house prices soar to historic high despite challenges

Britain

Reading time: < 1 MinuteAt a time when many expect the real estate market to decline due to economic pressures and the return of property taxes, Britain is surprising everyone with house prices hitting new record highs in April. Despite the end of the stamp duty exemption, the British real estate market is experiencing remarkable activity and increasing demand, reflecting unexpected resilience. The average asking price of homes in Britain set a new record in April, ... Read more

Al-Hogail: Selling units to non-beneficiaries is a step to balance the real estate market

Al-Haqeel

Reading time: < 1 MinuteMinister of Municipalities and Housing Majid Al-Hogail said that granting the ministry the authority to sell the units of its housing projects to non-beneficiaries of housing subsidies according to specific controls is an extension of the wise leadership's support for the housing sector, and aims to expand the ownership base and facilitate the citizen's journey towards owning the right housing. Al-Huqail said in a statement on the “X” platform: “I extend my sincere thanks to the Custodian of the Two Holy Mosques and His Highness the ... Read more

«Crown Arrow» announces attractive investment opportunities in the «Western Ore» auction supervised by «Enforcement»

Crown Stock Auctions 1

Reading time: < 1 MinuteTaj Al-Sahm Auctions, under the supervision of the Attribution and Liquidation Center «Enforcement» and by a decision of the Execution Court, announces the holding of an electronic «Western Ore» auction on May 11-13, 2025 electronically through the Sumtech Auction Platform from 00: 04 to 06:00. The auction offers two distinctive opportunities in an exceptional location in the most important cities north of Jeddah, and the first property consists of ... Read more

Saudi Central Bank announces the start of the implementation of the latest Basel III reforms in the Kingdom

Saudi Central Bank

Reading time: < 1 MinuteThe Saudi Central Bank (SAMA) announced the official implementation of the recent Basel III reforms in local banks at the beginning of this month. He explained that the Basel III reforms aim to raise the level of confidence in the methodology for calculating risk-weighted assets by improving the sensitivity of the standardized approach used to calculate them, reducing reliance on the internal systems approach, in addition to enhancing risk-based capital. The Central Bank pointed out ... Read more