Steel prices fall, timber rises, electrical wires diverge

Steel Prices - Rebar

Reading time: 2 MinutesThe prices of building materials in Saudi Arabia witnessed mixed movements during the month of June, as rebar recorded a decrease in most of its categories, while the prices of some other materials such as timber and electrical cables continued to rise slightly, while specific categories remained stable. This was revealed in the monthly bulletin of the average prices of goods and services issued by the General Authority for Statistics (GASTAT). The GASTAT data showed... Read more

Hail Municipality approves 40 investment sites and completes 2700 building permits in two months

Reading time: < 1 MinuteHail Municipality, represented by the Urban Planning and Licensing Agency, implemented a set of initiatives and qualitative achievements during May and June 2025 to develop the urban infrastructure and promote investment in the region in line with the objectives of the Kingdom's Vision 2030. The work included issuing and following up (2700) building licenses, approving (40) investment sites, approving two projects, handing over (5) investment sites to investors, as well as ... Read more

Riyadh Municipality steps up efforts to crack down on rental unit zoning violations

Building Compliance Certificate

Reading time: < 1 MinuteThe Riyadh Municipality is intensifying its campaign to control violations of dividing residential units in buildings and villas by exceeding the number of units approved by building permits, as part of its efforts and commitments to improve the urban landscape. The campaign came after increasing violations, which affected even villas and upper annexes within neighborhoods, turning them into multiple rental units without regular licenses or application of requirements, causing ... Read more

Real Estate Brokerage Forum to Review Legislative Updates and Empowerment Opportunities

Reading time: 2 Minutes  The Real Estate Brokerage Forum will review on Sunday, July 20, 2025 in its first session the legislative updates and empowerment opportunities, and the second session was dedicated to discussing the role of real estate brokers in building the value of the real estate product and sustainable sales, with the participation of a group of experts and those interested in the real estate sector, which contributes to the development of the sector and achieving its aspirations. And at the Riyadh International Convention Center ... Read more

7 common real estate advertising mistakes that reduce the chances of a sale. Get to know them

Reading time: 2 MinutesThe picture of the apartment looks perfect, the location is enticing, and the price is competitive, yet real estate marketers are receiving limited inquiries and delayed deals. Some may think it's the recession, but the truth often lies in the small details within the real estate ad itself. Simple mistakes in wording, image selection, or even timing can significantly reduce the chances of a sale, no matter... Read more

Emir of Sharqiya inaugurates King Fahd International Airport master plan and inaugurates SAR 1.6 billion projects

Reading time: < 1 MinuteHis Royal Highness Prince Saud bin Naif bin Abdulaziz, Governor of Eastern Province, will inaugurate the master plan for King Fahd International Airport and the new corporate identity, along with the master plans for Al-Ahsa and Qaisumah airports. His Royal Highness will also launch the Dammam Airports Strategy and inaugurate a package of integrated development projects, whose total value exceeds SAR 1.6 billion, including the implementation of (77) projects ... Read more

Tomorrow, Sunday. The General Authority of Real Estate launches the second edition of the “Real Estate Brokerage Forum” 2025

Public Authority for Real Estate logo

Reading time: < 1 MinuteThe General Authority for Real Estate launches the second edition of the “Real Estate Brokerage Forum” 2025 and the accompanying exhibition tomorrow, Sunday, July 20, 2025 (25 Muharram 1447 AH) at the Riyadh International Convention and Exhibition Center, in conjunction with the second anniversary of the implementation of the system, and the forum discusses legislative updates, empowerment opportunities and the role of real estate brokers in building the value of the real estate product and maximizing its sustainability ... Read more

In pictures... A promising tourist attraction in Jazan

Al Fatiha Park and Atlas

Reading time: 2 MinutesThe Jazan region is characterized by the presence of Wadi Fatiha, which extends 40 kilometers from the city of Bish and 44 kilometers from the city of Al-Darb, where the park is fed by the surplus of the huge Bish Valley Dam, and the place is covered with greenery and water flows throughout the year. The park, which is fed by the overflow of the huge Wadi Bish dam, is covered with greenery and is flooded with water all year round. Read more

Ministry of Industry issues 37 new mining licenses in May 2025

Reading time: 2 MinutesThe Ministry of Industry and Mineral Resources issued (37) new mining licenses during the month of May 2025, as part of its efforts to develop the mining sector in the Kingdom and enhance its utilization in diversifying sources of income for the national economy. The Ministry of Industry and Mineral Resources spokesperson Jarrah bin Mohammed Al-Jarrah explained that the new mining licenses included (13) building materials quarry licenses, (9) exploration licenses, (8) ... Read more

Banks and finance companies provide SAR 950 billion in real estate loans by the end of the first quarter

Saudi Central Bank

Reading time: < 1 MinuteReal estate loans provided by commercial banks and finance companies in the Kingdom recorded an annual growth of 15% by the end of the first quarter of 2025, reaching (950.66) billion riyals, compared to (827.82) billion riyals in the similar quarter of 2024, an increase of (122.84) billion riyals, according to the monthly statistical bulletin issued by the Saudi Central Bank for May 2025. ... Read more