“Two-Story Tents”… A Modern Living Environment Welcoming Pilgrims to Mina

Residential program

Reading time: < 1 MinuteKadana Development and Construction Company (the lead developer of the Holy Sites) has launched the two-story tent project, which represents a series of qualitative transformations in pilgrim housing at the Holy Sites by providing premium accommodations that ensure a suitable environment for pilgrims through permanent solutions, and high-quality operational efficiency, thereby contributing to the pilgrims’ comfort and peace of mind. Kadana confirmed that the two-story tent project was implemented in partnership with the private sector… Read more

“Saudi Electricity Company raises capacity in holy sites by 75% for the Hajj season

Saudi Electricity Company

Reading time: 2 MinutesThe Saudi Electricity Company increased the capacity of the power grid in the Holy Sites area for the 1446 AH Hajj season by more than (75%), compared to last season, as part of a package of development projects costing over (3) billion riyals. Engineer Abdul-Salam Al-Omari, General Supervisor of Hajj Plan Operations at the Saudi Electricity Company, explained that these efforts were undertaken in accordance with the directives of the wise government and under the direct guidance of … Read more

“Zakat invites businesses to submit tax withholding forms for last month

Zakat, Tax and Customs Authority

Reading time: < 1 MinuteThe Zakat, Tax, and Customs Authority has called on businesses subject to withholding tax in the Kingdom to submit their withholding tax forms for May 2025 by June 10, 2025, at the latest. The Authority urged businesses to promptly submit their withholding tax forms through its website: (https://zatca.gov.sa/ar/pages/default.aspx) to avoid a late payment penalty of 1% of the unpaid tax … Read more

SAR 922.2 billion in real estate loans from banks to individuals and companies by the end of Q1 2025

Reading time: 2 MinutesMortgage loans issued by commercial banks in the Kingdom of Saudi Arabia recorded year-over-year growth of 15.2% by the end of the first quarter of 2025, an increase of 121.73 billion riyals compared to the same period of the previous year. According to data released by the Saudi Central Bank (SAMA), the total cumulative volume of mortgage loans provided by banks to individuals and companies reached approximately 922.2 billion riyals … Read more

“ROSHN signs MoU with Singapore Cooperation Foundation to foster innovation in the real estate sector

Rushen

Reading time: < 1 MinuteThe “Roshon” Group—a company of the Public Investment Fund— has signed a memorandum of understanding with the Singapore Cooperation Foundation to explore institutional partnerships, exchange best practices in urban governance, and define frameworks for cooperation to improve comprehensive urban planning and commercial procurement mechanisms. This took place during a visit by a number of representatives from the “Roshon” Group to Singapore to discuss areas of cooperation with Singaporean entities operating in https://amlak.net.sa/72774/قطاع … Read more

Choosing the perfect floor for your home: A comprehensive comparison of porcelain, marble, wood and vinyl

Reading time: 2 MinutesFlooring is one of the most important elements that affect a home’s aesthetics and functionality; it is not merely a decorative element, but a key factor in daily comfort, ease of maintenance, and the home’s longevity. While homeowners have a wide range of options to choose from, four main types dominate the market: porcelain, marble, natural wood, and vinyl. But which of these options is the best? And what are the key differences … Read more

“Joud Moment” campaign contributes to providing more than 200 housing units through the “Joud Housing” platform”

Reading time: < 1 MinuteThe “Lahza Joud” campaign, through the “Joud Al-Iskan” platform, continues to achieve success in its mission to provide housing for eligible families; donations from generous and charitable individuals have helped provide more than 200 housing units. The campaign was launched on the first day of Dhu al-Hijjah this year, coinciding with the Hajj season, with the goal of encouraging generosity and community participation through the Jood Housing platform. The number of … Read more

Abu Dhabi Approves a New Package of Housing Benefits Worth 462 Billion Dirhams

Abu Dhabi

Reading time: < 1 MinuteSheikh Khalid bin Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has approved a new package of housing benefits for citizens in the Emirate of Abu Dhabi, in accordance with the directives of Sheikh Mohammed bin Zayed Al Nahyan, President of the UAE and Ruler of the Emirate. The total value of the package is 4.62 billion dirhams, benefiting 3,052 citizens across various regions of the emirate. According to a report published by the … Read more

SAR 35.5 billion in new housing loans for individuals in 4 months; contracts rise to 45.43 thousand contracts

Mortgage Loan - Housing Units

Reading time: 2 MinutesSaudi Arabia’s new residential mortgage sector for individuals recorded growth of 25.35% from January through the end of April 2025, compared to the same period in 2024, according to an analysis based on data from the Saudi Central Bank (SAMA). The value of new housing loans provided to individuals by banks and companies rose to 35.53 billion riyals during the first four months of the year … Read more

Umm Al-Qura newspaper reveals details of the amendments to the housing subsidy organization

Mersiya View - North Riyadh - Residential Projects

Reading time: 2 MinutesThe official gazette “Umm al-Qura” announced that the Council of Ministers has approved amendments to the housing subsidy regulations, which include several regulatory measures designed to streamline eligibility procedures and expand the pool of beneficiaries. According to the new amendments to the housing subsidy regulations, the eligibility age for the head of household has been lowered to 20 years old from 25, which means young people will have a greater opportunity to own … Read more