Month: June 2025

What are the terms of residential and commercial leases and how do they work?

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Ejar Network - Documentation of the rental contract

Reading time: < 1 MinuteIn response to a query, the Ejar platform clarified the minimum and maximum period in which residential and commercial rental contracts can be concluded. Ejar said in its account on the social media site “X”: “Greetings... The minimum term for residential and commercial contracts is one day and the maximum term is 30 years, and you can conclude the contract through an authorized real estate broker. We are happy to serve you.” And it was ... Read more

«State Real Estate offers 15 investment opportunities with terms of up to 30 years

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Public Authority for State Properties 2025 logo

Reading time: < 1 MinuteThe General Authority for State Real Estate has launched 15 investment opportunities with terms of up to 30 yearsThe General Authority for State Real Estate announces the launch of 15 investment opportunities in public competition through the Saudi Cities Investment Portal (Forouz), including commercial and residential opportunities and gas stations, in a number of regions of the Kingdom, with investment terms of up to 30 years. The State Real Estate Authority ... Read more

Saudi bank credit grows by more than 443 billion riyals by the end of April

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Reading time: < 1 MinuteBank credit granted to the public and private sectors in the Kingdom recorded an annual growth of (16.5%) by the end of April 2025, reaching a total value of (3,126,381,381) million riyals, an increase of more than (443,018) million riyals compared to the same period in 2024, which amounted to (2,683,363) million riyals. The monthly statistical bulletin issued by the Saudi Central Bank (SAMA) for April 2025 indicated that credit ... Read more

Rising visitor numbers boost Medina's tourism sector by 18.7%

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Medina

Reading time: < 1 MinuteThe tourism sector in Medina recorded a growth in the number of visitors during the past three years, receiving more than (18) million visitors during the year 2024, compared to (14.1) million visitors during the year 2023, and (8.2) million visitors during the year 2022. According to a report issued by the Medina Chamber yesterday, the activities of the accommodation sector, travel agencies, and tour organization recorded an increase of ... Read more

China's new home prices at 7-month low

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China

Reading time: 2 MinutesNew home prices in China recorded their biggest monthly drop in seven months in May, a new sign of the depth of the crisis facing the world's second-largest economy, and an additional motivation behind the Chinese government's repeated pledges to revive the faltering real estate market. Data from China's National Bureau of Statistics showed on Monday that new home prices in 70 cities ... Read more

What do you know about the Samra Bridge project in Hail after its opening?

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Reading time: < 1 MinuteHis Royal Highness Prince Abdulaziz bin Saad bin Abdulaziz, Governor of Hail Region, inaugurated today the Samra Bridge project - one of the vital projects implemented by the Hail Municipality - to develop the city of Hail and link the industrial and commercial area and the eastern neighborhoods with the rest of the city's neighborhoods. HH The Amir was welcomed upon arrival at the project site by the regional secretary, Engineer Sultan bin Hamed Al Zaidi, ... Read more

The Road to Vision: The Modern Building Initiative A new path to drive the future of real estate

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Modern Construction Initiative - The Road to Vision.

Reading time: 2 MinutesWith the launch of the Modern Construction Initiative, Saudi Arabia has put in place pillars to support the transformation of traditional construction to modern construction, with the aim of improving the efficiency of operations, reducing costs, and creating a win-win situation for those who want to be part of the future of the real estate sector. The number of factories operating in modern construction has reached 44 factories with a production capacity of more than 25,000 units per year, distributed between concrete technologies ... Read more

Public Investment Fund launches Expo 2030 Riyadh to build and operate Expo facilities

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Riyadh Expo 2030 Blueprint

Reading time: 2 MinutesThe Public Investment Fund (PIF) today announced the establishment of Expo 2030 Riyadh Company, a wholly-owned subsidiary of the Fund, to develop and operate the facilities for Expo 2030 Riyadh, the first edition of the global event to be held in the Kingdom, while investing in its infrastructure over the long term. The new company will lead the implementation of the Expo 2030 Riyadh master plan, which spans ... Read more

Alternatives to steel Are they changing the rules for building structures?

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Reading time: 3 MinutesAmid ongoing fluctuations in global steel prices and increasing environmental pressures to reduce the carbon footprint of the construction sector, the search for new alternatives to traditional steel in structural steel is accelerating. Can these new materials achieve the difficult equation between economic efficiency, technical reliability, and structural safety? It seems that the answer is already taking shape on the ground, as we are witnessing ... Read more

What are the most important real estate brokerage license requirements for establishments?

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Public Authority for Real Estate logo - Regulatory Tours

Reading time: 2 MinutesWith the rapid growth of the Saudi real estate sector, and in line with the efforts of the General Real Estate Authority (GRA) to regulate the market and enhance confidence, real estate companies and offices can now obtain an official license to practice real estate brokerage and marketing. This license not only grants legitimacy, but is a passport to wide opportunities and competitive advantages in an increasingly demanding and regulated sector. The General Authority ... Read more

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