Month: June 2025

Real Estate Finance Records Monthly Growth of 17% in May, Slight Year-on-Year Decline

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Reading time: < 1 MinuteNew residential real estate financing provided by banks to individuals in the Kingdom recorded a remarkable increase of 17.1% during May 2025 compared to April of the same year, reaching SAR 7.376 billion, compared to SAR 6.297 billion in April, according to the monthly statistical bulletin issued by the Saudi Central Bank (SAMA). According to the data, the new real estate financing was distributed to ... Read more

NHC Launches Registration for Makkah's «Al Warif Destination» over 10.4 million m2

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Residential program

Reading time: < 1 MinuteNational Housing Company (NHC) has announced the opening of the registration of interest in Al Warif, the new urban destination it is developing southeast of Jeddah, as part of its ongoing efforts to provide integrated residential communities that enhance the quality of life in various regions of the Kingdom. Al Warif is the company's largest project in terms of area in the Makkah region, spanning an area of more than 10.4 ... Read more

Undersecretary of the Ministry of Municipalities and Housing: The real estate sector is witnessing rapid growth and 85% small and medium-sized developers. They are the foundation of the sector

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Residential program

Reading time: < 1 MinuteThe real estate sector in the Kingdom is witnessing rapid development, which opens wide horizons for real estate developers from small and medium enterprises, who constitute more than 85% of the total developers, emphasizing that this category is “the basis of work in the real estate sector”, said Abdulrahman Al-Tawil, Undersecretary for Stimulating Housing Supply and Real Estate Development at the Ministry of Municipalities and Housing. This came during ... Read more

«Al Joud Auctions offers 97 plots of land in an elite auction in East Riyadh

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Al Joud Auction Company Logo 2

Reading time: < 1 MinuteAl Joud Auctions announces the offering of 17 blocks containing 97 plots of land through the Mubasher Auctions platform as part of the “Elite Elite” real estate auction, located in the Elite Plan in eastern Riyadh, where the plots include residential, commercial and residential plots, with a total area of more than 71,500 square meters. This offering comes within the keenness of Al Joud Auctions to provide promising real estate opportunities ... Read more

Is real estate a mirror of oil prices?

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Real Estate Marketing - Lana Al-Shabaneh - The Line

Reading time: < 1 MinuteIs real estate a mirror of oil prices? Lana Fahad Al-Shabaneh Oil is considered a major and important driver of the economies of the countries producing it, especially in the Gulf region, and since the real estate sector is one of the main economic pillars, the question arises, does oil really affect the real estate market? The relationship between oil and real estate exists, but it is not always direct, as when ... Read more

“ROSHN ranks among Brand Finance's top 25 global real estate brands”

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Rushen

Reading time: < 1 MinuteROSHN Group, a Public Investment Fund (PIF) company, has been ranked among the 25 strongest real estate brands in the world by the independent consulting firm Brand Finance, which specializes globally in brand valuation, the first time a Saudi real estate company has been included in this global ranking. Brand Finance valued ROSHN Group at more than one billion dollars. Read more

The deadline for filing financial statements expires today. Fines await offending companies

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Ministry of Commerce - Saudi Companies

Reading time: < 1 MinuteThe deadline set by the Ministry of Commerce for companies whose fiscal year ended on December 31, 2024, to deposit their financial statements, as stipulated by the Companies Law, expires today, Monday, amid assurances that financial penalties will be applied against late filers. The Ministry emphasized that the filing is mandatory for all types of companies, based on Article (17) of the Companies Law, ... Read more

Net FDI inflows rise to SAR 22.2 billion in Q1 2025

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General Authority for Statistics - Residential Rental Prices

Reading time: < 1 MinuteThe net foreign direct investment flows for the first quarter of 2025 increased by (44%) to reach (22.2) billion riyals, compared to the same quarter of last year, while it recorded a decrease of (7%) compared to the previous quarter of 2024. The results of the GASTAT FDI Bulletin for the first quarter of 2025 showed that the value of FDI inflows ... Read more

“Al-Ahsa concludes its participation in the UNESCO Creative Cities Conference

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Reading time: < 1 MinuteCreative Al-Ahsa concluded its participation in the 17th annual conference of the UNESCO Creative Cities Network (UCCN), which was hosted by the city of Angien-les-Bains, north of the French capital Paris, from June 23 to 24, with the participation of more than 350 cities from around the world. Al-Ahsa's delegation, headed by Al-Ahsa's Secretary General, Eng... Read more

Control tours on 6 neighborhoods in Makkah to control violations and correct building conditions

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Reading time: < 1 MinuteThe Municipality of the Holy Capital has started implementing a series of intensive regulatory and organizational measures in six neighborhoods in Makkah, including Bir Al Ghunam, Al Jarana, Malakan, Al Husseiniya, Al Lahyaniya and Al Umrah, in order to monitor and correct the conditions of buildings and commercial activities and ensure their compliance with municipal regulations and requirements, as part of its continuous monitoring activities to enhance the quality of life and achieve sustainable urban development. Through this campaign, the Municipality seeks to ... Read more

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