Month: October 2025

World Savings Day: Promoting a culture of savings and financial planning in the Kingdom

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World Saving Day

Reading time: < 1 MinuteWorld Savings Day is celebrated on October 31st every year, and Saudi Arabia is participating in this important event that aims to spread awareness about the importance of saving in our daily lives. The day seeks to promote the culture of saving by launching awareness-raising initiatives aimed at motivating all segments of society to adopt this essential financial habit. The day focuses ... Read more

A new Saudi industrial revolution: 4,000 factories to become smart factories

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Reading time: < 1 MinuteSaudi Arabia has entered a new phase of industrial leadership, according to statements made by Saudi Minister of Industry and Mineral Resources Bandar bin Ibrahim Al-Khorayef during the conclusion of the third Saudi Forum for the Fourth Industrial Revolution, organized by the Center for the Fourth Industrial Revolution, in partnership with the World Economic Forum and King Abdulaziz City for Science and Technology (KACST). The Minister of Industry and Mineral Resources, ... Read more

Makkah witnesses major development in road network to enhance traffic and quality of life

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Reading time: 2 MinutesMakkah has witnessed a qualitative leap in the road system thanks to the integrated projects implemented by the Royal Commission for Makkah and Holy Sites, which contributed to raising the efficiency of traffic movement and improving the quality of life, in line with the rapid urban growth and facilitating access to the Grand Mosque and vital areas in the holy capital. The development of roads in Makkah included the completion and implementation of ... Read more

Saudi Arabia's Retail Residential Mortgage Finance Growth 23.3% through September 2025

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Riyadh

Reading time: < 1 MinuteThe monthly statistical bulletin issued by the Central Bank of Saudi Arabia revealed a number of important data showing the growth of the real estate sector within the Kingdom, as the volume of new residential real estate financing for individuals provided by financing companies in Saudi Arabia increased by 23.3% by the end of September 2025 compared to the end of August 2025. According to the statistics, the volume of residential real estate financing reached ... Read more

Asir shines on the Saudi tourism map with 2.9 million visitors in 6 months

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Reading time: < 1 MinuteAccording to data from the Saudi Ministry of Tourism, the Asir region succeeded in attracting about 2.9 million visitors during the first half of 2025, which is a huge and important achievement for the Kingdom. According to the Saudi Ministry of Tourism, the Asir region succeeded in attracting about 2.9 million visitors during the first half of 2025, which is a huge achievement for the Kingdom. Read more

Today. The deadline for registering white land and avoiding fines has expired

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White Land Fees Program

Reading time: 2 MinutesToday, Thursday, October 30, the statutory deadline set by the White Land and Vacant Properties Program to register land subject to the system expires, as the program called on all landowners to expedite the registration process through the electronic portal before the expiration of the specified period, to avoid statutory fines that may reach twice the value of the fee due. The program stressed that registration is a procedure ... Read more

Deputy Minister of Health: 133 billion riyals worth of launches and agreements at the Global Health Forum

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Image of Health Forum contracts and agreements

Reading time: 2 MinutesDeputy Minister of Health M. Abdulaziz bin Hamad Al-Rumaih revealed that the value of launches and agreements at the eighth edition of the Global Health Forum reached SAR 133 billion. Al-Rumaih explained that the number of participating brands has increased by 600% since the launch of the forum in 2017, while the number of visitors has grown by 1500% compared to the first edition, reflecting the international status ... Read more

“Ejar clarifies the most common questions about rent control provisions and their answers

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Reading time: 7 MinutesIn line with the directives of the wise leadership, and in response to the challenges witnessed in the rental market, a number of statutory provisions have been approved that aim to rebalance the real estate market. According to Ejar, these provisions seek to build a clear and sustainable contractual relationship that preserves the rights of all parties and enhances the stability of citizens and residents. Highlights of the new measures 1. Your financial stability in Riyadh ... Read more

Qatif Investment Forum showcases promising opportunities in tourism and digital economy

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Reading time: < 1 MinuteThe Qatif Investment Forum kicked off in its new edition, held in the Eastern Province under the slogan «Qatif. Promising opportunities for a sustainable future», where investment opportunities in the fields of tourism, digital economy, sports, as well as green and blue sectors were highlighted. Infrastructure projects in the Eastern Province The Acting Secretary of the Eastern Province, Engineer Mazen Bakharji, emphasized that the Eastern Province Municipality ... Read more

Saudi Arabia expands its tourism infrastructure Record rise in hospitality facilities in a year

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Riyadh city

Reading time: < 1 MinuteThe hospitality sector is booming in Saudi Arabia, as confirmed by data from the General Authority for Statistics (GAS). The data showed a significant increase in the number of licensed tourist hospitality facilities in the Kingdom, which confirms the direction of all institutions concerned with diversifying sources of income. According to the data, there is an increase in the number of licensed tourist hospitality facilities in the Kingdom by ... Read more

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