Month: September 2025

«Future Projects Forum launches Artaqa and Memaar portals»

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Future Projects Forum

Reading time: < 1 MinuteIn the presence of Deputy Minister of Municipalities and Housing Ihab Al-Hashani and representatives of government and private entities, the seventh edition of the Future Projects Forum, organized by the Saudi Contractors Authority under the theme «Future of the Future,» kicked off in Riyadh. The forum is one of the most prominent national platforms that review future projects in various sectors, and aims to enhance transparency and provide opportunities for contractors and investors to build partnerships ... Read more

The Ministry of Commerce clarifies the mechanism for spending the profits of non-profit companies What is it?

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Residential program

Reading time: < 1 MinuteThe Ministry of Commerce has clarified that non-profit companies must spend the amounts of profits realized from their activities in the banks and areas stipulated in the company's articles of incorporation or bylaws. The Ministry explained that non-profit companies may allocate a percentage of their profits, not exceeding (30%), to enhance their investments and expand their business, unless the memorandum of association or articles of association stipulate otherwise. It is permissible ... Read more

The Real Estate Fund and First Bank sign an agreement to offer exclusive offers to housing subsidy beneficiaries

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Residential program

Reading time: < 1 MinuteHis Excellency the Minister of Municipalities and Housing and Chairman of the Real Estate Development Fund, Mr. Majid bin Abdullah Al-Hogail, witnessed the signing of an agreement between the Real Estate Development Fund and First Bank, which aims to enable the beneficiaries of the “under construction” housing units product to obtain a competitive financing offer up to 2,99%. His Excellency emphasized that the agreement represents a new step in the process of enabling Saudi families to ... Read more

Tabuk Chamber launches an investment opportunity for contractors to implement a business center building

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Tabuk Chamber

Reading time: < 1 MinuteThe Chamber of Commerce in Tabuk has announced its desire to qualify contractors to participate in the tender for the implementation of the Tabuk Chamber Business Center building project, calling on national companies and institutions classified with no less than the second degree in the field of buildings, and with experience in implementing similar projects, to apply for qualification according to the organized controls. The project includes structural and architectural components consisting of ... Read more

Jeddah Chamber organizes the Red Brick Forum 2025 and the development of its industry in the Kingdom

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Residential program

Reading time: < 1 MinuteThe Jeddah Chamber, represented by the Industry Council, organized the Red Brick Forum 2025 at the Jeddah Exhibition and Events Center, which reviews the development of the red brick industry in the Kingdom and promotes its use as a sustainable and environmentally friendly option. The forum works to promote the identity of “our Saudi brick” and link it to the concepts of sustainability and the national economy, and to open opportunities for cooperation between factories, real estate developers, consulting offices and universities, and to achieve maximum benefit. ... Read more

Western Region. Real estate investments and momentum are shaping the future of the sector

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Real Estate Index Snippets - Western Region

Reading time: 3 MinutesJeddah - Mohammed Jamous: The real estate sector in the western region in general, and Jeddah in particular, is witnessing a remarkable movement and development, driven by several economic and strategic factors directly linked to the goals of the Kingdom's Vision 2030, as the city is characterized by being a major economic and tourism center, making its real estate market one of the most active and vital markets at the level of the Kingdom, and current indicators show that the market ... Read more

«Horizon Achievement launches Horizon Residence 38 and celebrates with customers with a product demonstration

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Reading time: < 1 MinuteAfaq Al Ijaz Real Estate celebrated an exceptional achievement with the launch of its new residential project, Afaq Residence 38, which was officially opened in northeast Taif - Al Arfa'a neighborhood in early August. The project was an unprecedented success, as all units were booked before and after the official opening, while purchase orders exceeded the supply by more than four times, in ... Read more

Jeddah Municipality showcases a number of its projects at the Future Projects Forum 2025 in Riyadh

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Jeddah Municipality - Unauthorized Buildings

Reading time: < 1 MinuteJeddah Municipality is participating in the Future Projects Forum 2025, organized by the Saudi Contractors Authority at the Riyadh International Convention and Exhibition Center from September 8 to 10, amid a local and international presence and a wide variety of projects and accompanying events. During its participation, the Municipality will review its future development and service projects, available investment opportunities, and promote opportunities for growth and cooperation with ... Read more

The show villa... A crucial part of the buying decision

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Abdullah Al-Salih - National Day 95Investing in old buildings

Reading time: 2 MinutesThe show villa... In recent years, the real estate development sector has witnessed a wide variety of residential projects, but customer behaviors reveal that the “show villa” is still the most prominent tool in driving purchasing decisions. In a practical experience with a customer wishing to buy a home of a lifetime after having the necessary liquidity, it became clear ... Read more

Riyadh Municipality is a supporting partner in the Future Projects Forum 2025

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Reading time: < 1 MinuteRiyadh Municipality is participating as a supporting partner in the Future Projects Forum (FPF 2025), which will be held from September 8 to 10, 2025 at the Riyadh International Convention and Exhibition Center. The Municipality's pavilion will showcase the most prominent current and future projects, as well as the architectural designs of a number of quality projects, and highlight the Kafu platform for pre-qualifying contractors. The projects forum includes ... Read more

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