Month: June 2025

11 real estate opportunities at Jeddah Investment Auction

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Reading time: 2 Minutes  Dar Al Qiyas Auction Company, under the supervision of the Attribution and Liquidation Center «Enforcement» and by a decision of the Execution Court and a ruling from the Personal Status Court, announces the holding of the «Jeddah Investment» hybrid auction on Thursday, 19/06/2025, in person at: 04:00 PM at the Moonlight Ballroom in Jeddah. And electronically through the Saudi Auctions platform. The auction offers 11 distinctive real estate opportunities in ... Read more

“Zakat carries out more than 15 thousand inspection visits in May

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Zakat, Tax and Customs Authority

Reading time: < 1 MinuteThe Zakat, Tax and Customs Authority carried out more than 15,000 inspection visits during the month of May 2025 on markets and shops in various regions and cities of the Kingdom. The Authority explained that the visits carried out by its monitoring and inspection teams included a number of commercial sectors, most notably: The retail sector, tobacco, gold, and public services. The Authority pointed out that the most prominent violations detected ... Read more

Residential rents accounted for the largest share of inflation in May

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Reading time: < 1 MinuteThe annual inflation rate in Saudi Arabia rose by 2.2% during May 2025, compared to the same month in 2024, according to data released by the General Authority for Statistics (GAS). The rise was primarily due to a significant increase in the prices of housing and related services, making this sector the main driver of the index. According to the authority, the prices of ... Read more

Today. The ban on working under the sun goes into effect

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Reading time: < 1 MinuteThe decision to prohibit working under direct sunlight, which applies to all private sector establishments, will be implemented on Sunday 19 Dhu al-Hijjah 1446 AH, corresponding to June 15, 2025, until Sunday 23 Rabi al-Awwal 1447 AH, corresponding to September 15, 2025, on a daily basis during the period from 12pm to 3pm. The decision aims to prohibit working under direct sunlight ... Read more

«Real Estate Actions offers 15 unique opportunities in Dammam and Khobar in the »Athman Al Sharqiya« auction»

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Reading time: 2 MinutesActaat Real Estate Company, under the supervision of the Attribution and Liquidation Center «Enforcement» and in accordance with the decision of the Execution Court, announces the holding of the «Athman Al Sharqiya» auction on Tuesday, June 24, 2025, in person at 4:00 pm at Al Andalus Ballroom in Dammam, and electronically through the «Mubasher Auctions» platform. The auction offers 15 distinctive real estate opportunities in strategic locations in Dammam and Khobar, where the property consists of ... Read more

12 Real Estate Opportunities in East Riyadh at Taraz Auction

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Reading time: < 1 MinuteRimal Al Jazeera Real Estate Company, under the supervision of the Enforcement and Liquidation Center and by a decision of the Execution Court and a ruling by the Personal Status Court, announces the holding of the «Taraz» online auction on Monday, 16/06/2025 at 10:00 am and will continue until Wednesday, 06/2025/18 from 03:00 to 4:50 pm through the Sumtech platform. The auction offers 12 investment opportunities in ... Read more

Mubarak Al-Sulami: Pilgrims are looking for affordable housing and comfort

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Mubarak Al Salami, 94th National Day - Haseefa Real Estate

Reading time: < 1 MinuteMubarak Al-Sulami: Pilgrims are looking for affordable housing and comfort Businessman Mubarak Al-Sulami emphasized that residential investment on vital and international roads, especially those linking Mecca, Medina and airports, is a promising investment, pointing out that there is an increasing need for shelters to accommodate this crowd of pilgrims and provide quality services, especially as the number of pilgrims and pilgrims increases every year ... Read more

Your Mortgage... Your Decision

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Mohamed El Hassami - National Day 95 - Foundation Day - Housing Subsidies

Reading time: < 1 MinuteYour Mortgage Loan... Your Decision Mohammed Al-Hassami Deciding to take out a mortgage loan is one of the most important financial decisions and one that affects your personal and family stability, and here lies the importance of the decision stemming from self-awareness, not from imitating others or getting carried away by offers. What works for others may not be compatible with your means and circumstances. In order to achieve financial stability in the long run... Read more

Real estate is an economic engine reshaping cities

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Hisham Al Qasem Real Estate Articles - Real Estate Investment - National Day 95 - Housing Projects Don't buy a property without a consultant - The Journey of Home Ownership

Reading time: 2 MinutesReal estate is an economic engine that reshapes cities Architect Dr. Hisham Al-Qasim The real estate sector has always been one of the main pillars of urban growth, as its role is not limited to providing housing and shelter only; it goes beyond that to shape the urban, social and economic fabric of cities. With increasing rates of urbanization and changing lifestyles, real estate has played a pivotal role in reshaping the features of cities and directing the paths of ... Read more

In detail... Adoption of new amendments on zakat for real estate projects and «off-plan sales»

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Minister of Finance Mohammed Al-Jadaan - Real Estate Transaction Tax Executive Regulations

Reading time: 2 MinutesThe Minister of Finance, Mohammed bin Abdullah Al-Jadaan, approved amending Article 73 of the Executive Regulations for Zakat Collection, adding a new mechanism for calculating Zakat for real estate projects under construction and off-plan sales projects, in line with the nature of these real estate activities. According to what was published in the official gazette “Umm Al-Qura”, the new amendments will apply to fiscal years starting in ... Read more

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