Month: August 2025

1.04 billion riyals deposited in the accounts of beneficiaries of the housing subsidy program for August

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Residential program

Reading time: < 1 MinuteToday, the Real Estate Development Fund deposited 1 billion and 42 million riyals into the accounts of beneficiaries of the housing support program administered by the Ministry of Municipalities and Housing and the Real Estate Development Fund, for the month of August 2025. The Real Estate Fund explained that the total subsidy for August was allocated to support the profits from various housing support program contracts, as part of efforts to support and improve beneficiaries’ ability to own homes, in order to achieve the objectives … Read more

Why is failure the beginning of success?

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Dr.. Mons Shujaa Real Estate Articles - Administrative Harmony

Reading time: < 1 MinuteWhy Is Failure the Beginning of Success? Dr. Moones Shujaa: Throughout life, we often encounter very significant turning points during which we face various forms of failure—particularly in our professional lives or in our entrepreneurial ventures that did not succeed. Many of us are left bewildered, struggling to understand what happened, how, and why that project—which was supposed to be…—ended in failure. Read more

Five real estate technologies that will change the way you buy a home in the coming years

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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 Minutes Five Real Estate Technologies That Will Change the Way You Buy a Home in the Coming Years Architect Dr. Hisham Al-Qasim For more than a century, the journey of finding a home has revolved around three key factors: location, budget, and personal taste. But today we are at a turning point, as technology is completely reshaping this journey. In the near future, you won’t go on a traditional house hunt—instead, you may «experience» your future home… Read more

IMF praises the significant growth of the tourism sector and its economic role in the Kingdom

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International Monetary Fund Riyadh office market

Reading time: < 1 MinuteThe International Monetary Fund (IMF) released its 2025 Article IV Consultation Report on the Kingdom of Saudi Arabia, affirming the strength of the Kingdom’s economy. The report highlighted the significant growth of the tourism sector and its role as a key contributor to the national economy. The IMF report explained that inbound tourism has achieved significant growth, which has succeeded in offsetting part of the outflows from the Kingdom and helped reduce the deficit … Read more

Real estate investment in retirement Advantages and challenges

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Mohammed Bin Mana Real estate articles

Reading time: 5 MinutesReal Estate Investment in Retirement: Benefits and Challenges by Muhammad bin Manaa Al-Haitlah Financial planning for retirement is one of the most important pillars that ensures an individual a dignified and stable life after many years of work and dedication. With increasing economic challenges and financial market volatility, the search for safe and effective investments to grow and protect capital and savings has become an urgent necessity. In this context, … Read more

In detail... Articles of the Executive Regulations of White Land Fees after being published in the Official Gazette

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White Land Fees Program

Reading time: 6 MinutesThe “Official Gazette” published the decision on the executive regulations for vacant land fees, a document that specifies the details of the mechanism for applying fees to vacant land in designated areas. The details of the executive regulations for vacant land fees are as follows: According to the following: Land development: The complete construction of structures on the land—excluding fencing and similar structures—in accordance with the building permits issued for them and in compliance with the relevant requirements… Read more

Developmental endowments: Governance for releasing idle assets

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Khalid al-Habshan

Reading time: 2 MinutesDevelopment Endowments: Governance to Unlock Idle Assets Dr. Khalid bin Saad Al-Habshan Endowments are considered important strategic economic assets in the Kingdom of Saudi Arabia, given their significant financial value, in addition to their deep social and cultural dimensions linked to Islamic heritage. According to some unofficial studies, the value of endowments in Saudi Arabia is estimated to range between 200 and 300 billion riyals … Read more

Public Authority for Real Estate: Start receiving applications for the first edition of the “Thon 2025 Real Estate Hackathon”

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Off-plan real estate projects

Reading time: < 1 MinuteThe General Real Estate Authority, in partnership with Al-Yamamah University, announced that it has begun accepting registration applications for the first edition of the competitive hackathon “Aqar Thun 2025,” which will take place from September 29 to October 1, 2025, with the aim of promoting innovation and accelerating digital transformation in the Kingdom’s real estate sector. The Authority explained that the hackathon will consist of several stages, beginning with registration and … Read more

Tariq Shahib: Vacant real estate regulation to be issued within a year

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Reading time: 2 MinutesTariq bin Abdullah Al-Shehib, General Supervisor of the White Land and Vacant Real Estate Program at the Ministry of Municipalities and Housing, confirmed that the regulations governing vacant real estate will be issued within a year, explaining that it will include definitions and details regarding the annual fee, clearly outlining the mechanism of implementation and its objectives. Al-Shehib made these remarks during his participation in a seminar titled “The Executive Regulations for Vacant Land Fees,” organized by (Athnaya Ahl … Read more

Statistics Authority: Construction cost index rises in July 2025

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Residential program

Reading time: < 1 MinuteThe General Authority for Statistics announced the release of the Construction Cost Index bulletin for the Kingdom for July 2025. According to the bulletin’s findings, the Kingdom’s Construction Cost Index rose slightly by 0.7% in July 2025 compared to the same month last year, This is attributed to a 0.7% increase in costs in the residential sector and a 0.6% increase in the non-residential sector. On a monthly basis, … Read more

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