Month: September 2025

Later Island: New real estate project on the Red Sea with billions of riyals to attract the wealthy

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Later Island

Reading time: 2 MinutesSaudi Arabia's Red Sea islands are undergoing a radical transformation as part of the “Later Island” project, which is being developed by the Public Investment Fund's (PIF) Red Sea International (RSI). The project is the company's first integrated residential real estate development and aims to transform the island into a luxury tourist destination that attracts local and international wealthy people, as part of the Kingdom's ambitious plan to boost the tourism sector by 2028.... Read more

Why Saudi Arabia's stock market posted its biggest gains since 2020

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Saudi Stock Exchange

Reading time: < 1 MinuteThe Saudi Stock Exchange witnessed an unprecedented jump on Wednesday, as the Saudi market index rose 5.1% at 11426 points, achieving a rise that has not occurred since March 2020, more than 5 years ago, in contrast to a state of decline in the Gulf markets. The reason for the rise in the Saudi stock index and the rise in the Saudi market index coincides with the Kingdom's announcement ... Read more

Video | Monthly housing subsidy or non-refundable packages Which is the better option according to income?

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Residential real estate

Reading time: < 1 MinuteMany people want to know the difference between the monthly housing subsidy and the non-refundable packages offered by the housing subsidy program, and which of the two options is the most suitable based on the monthly income level of the beneficiaries. Monthly support. According to real estate and investment consultant Matar Al-Shammari, the monthly housing subsidy is deposited directly into the beneficiary's account based on a schedule ... Read more

“Real Estate Authority” launches the draft regulatory framework for the legislative pilot environment via a “survey platform”

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SurveyMonkey logo-

Reading time: < 1 MinuteAs part of the Kingdom's keenness to enable stakeholders, individuals and institutions, to participate in decision-making by expressing their opinions and suggestions on new projects, the National Competitiveness Center's unified electronic platform for polling the public and government agencies, “Reconnaissance“, has launched a number of projects related to economic and developmental affairs, totaling 40 projects, in cooperation with 20 government agencies. ... Read more

Municipalities and Housing clarify how to report investment housing zoning violations

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Ministry of Municipalities and Housing

Reading time: < 1 MinuteThe Ministry of Municipalities and Housing continues its efforts to monitor irregularities in the division of housing intended for investment in irregular ways, through field tours by regional secretariats in various cities of the Kingdom to areas where reports or reports of irregularities are received. The Ministry of Municipalities and Housing has put in place a precise system to monitor any violation related to the division of housing intended for investment, as ... Read more

What is the impact of raising the percentage of foreign ownership in the Saudi market?

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Saudi Arabia's stock market

Reading time: < 1 MinuteSaudi Arabia's announcement that it will allow foreign investors to own majority stakes in local listed companies had a major impact on the Saudi stock market today, with trading jumping and the main market index rising by 5%. Saudi Arabia's move to allow foreign investors to own majority stakes in local listed companies is seen around the world ... Read more

7 real estate opportunities at Shuaa Auction

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Reading time: < 1 MinuteAl-Saadoun Real Estate Company, under the supervision of the Attribution and Liquidation Center «Enforcement» and by a decision of the Execution Court and a ruling from the Personal Status Court, announces the holding of an electronic auction “Shuaa” from Tuesday 7/10/2025 at 1 pm until Thursday 9/10/2025 at 9:00 pm via Waslat Auction Platform: 9:00 pm via Wasl Auctions platform. The auction offers 7 distinctive real estate opportunities in strategic locations in the most important neighborhoods in the region ... Read more

In-kind registration of 54,052 real estate parcels begins September 28

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Public Authority for Real Estate logo

Reading time: < 1 MinuteThe General Authority for Real Estate announced the start of in-kind registration of real estate plots distributed in several cities within the Kingdom, explaining the conditions necessary to complete the registration process within the specified period, and this step comes with the aim of supporting the real estate sector and ensuring transparency to serve the interests of investors. According to the General Real Estate Authority (GRA), the in-kind registration will start ... Read more

How to Avoid Future Problems When Buying Real Estate

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Real estate expert Mutair Al-Shammari - Land Selection

Reading time: < 1 MinuteBuying real estate is one of the biggest investments an individual makes in his life, so making the right decision is not only limited to choosing the location and price, but requires a careful examination of all legal and technical aspects to ensure a safe and trouble-free transaction in the future. Real estate consultant Matar Al-Shammari puts in your hands a smart buyer's guide, and offers you the most important tips that you should ... Read more

Cases of public interest expropriation in Saudi Arabia What are the compensation mechanisms?

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Expropriation Law

Reading time: 2 MinutesAfter the Cabinet approved the decision and published it in the Official Gazette, questions about the mechanisms for implementing the expropriation of real estate in the public interest and temporary seizure of real estate are increasing, as the new law includes 39 articles that regulate the process of expropriation and temporary seizure of real estate. What is the amount of compensation for expropriation in the public interest in the Kingdom? The system provides ... Read more

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