Month: October 2025

Smart Tents... A seasonal tourism experience

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Reading time: < 1 MinuteSmart Tents: An Innovative Seasonal Tourism Experience by Maram Khayyat As the weather cools and winter sets in, many people are increasingly seeking innovative and smart solutions to spend their time in peace and enjoy the mild weather, by breaking their daily routine and creating a new experience. Among the most prominent of these tourism solutions is the concept of smart tents. Smart tents are not just tents… Read more

The impact of economic and fiscal policies on the Saudi real estate market

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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 MinutesThe Impact of Economic and Fiscal Policies on the Saudi Real Estate Market by Dr. Hisham Al-Qasim The real estate market in Saudi Arabia is one of the sectors most affected by economic and fiscal policies, as interest rates, mortgage financing, and banking policies play a direct role in supply and demand dynamics and price levels. Recent indicators, according to data from the Saudi Central Bank (SAMA), show that outstanding mortgage loans as of the first quarter of … Read more

74.7%... Medina tops the Kingdom's cities in occupancy rates of tourist hospitality facilities

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Medina

Reading time: < 1 MinuteThe Ministry of Tourism released a report on the performance of the hospitality sector in the Kingdom, which indicated that Madinah led all cities in the Kingdom in terms of occupancy rates for tourist accommodation facilities, reaching 74.71% during the first half of 2025, This underscores Medina’s status as a major destination for hospitality and religious tourism, particularly in light of the major development projects currently underway there. The Ministry of Tourism’s report revealed… Read more

Riyadh Municipal Transformation Program A step towards developing a smart and sustainable urban environment

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Reading time: < 1 MinutePrince Dr. Faisal bin Abdulaziz bin Ayyaf, Governor of the Riyadh Region, launched the “Riyadh Municipal Transformation” program, which aims to keep pace with the rapid growth and continuous development in the capital, reflect its global standing, strengthen the municipality’s engagement with the city’s residents, and address future challenges. The “Riyadh Municipal Transformation” program focuses on improving the city’s operational efficiency and enhancing the quality of services provided, … Read more

In numbers: Municipalities and housing establish smart government model

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Ministry of Municipalities and Housing

Reading time: < 1 MinuteStatistics released by the Ministry of Municipalities and Housing for 2024 demonstrate that the ministry has become a living, inspiring model for the use of digitalization and modern technology, This trend aligns with the Vision 2030 strategy, as the Ministry has successfully transformed goals and plans into tangible reality, shaping a structural transformation in the concept of digital government services. The Ministry of Municipalities and Housing’s digital services range from e-services … Read more

$49.19 billion inflows into global equity funds on interest rate cut expectations

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Reading time: < 1 MinuteGlobal equity funds saw strong inflows during the week ending October 1, as investors poured in $49.19 billion, the highest level since November 2024, buoyed by renewed hopes of interest rate cuts by the Federal Reserve following U.S. inflation data in line with expectations and weaker-than-expected jobs data. U.S. equity funds: In detail, equity funds led the way… Read more

1500 riyals per square meter: Steps to reserve land through the real estate balance platform

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Residential land

Reading time: < 1 MinuteAs part of the Kingdom’s efforts to provide land plots at affordable prices, the Ministry of Municipalities and Housing announced the release of between 10,000 and 40,000 residential plots through the Al-Tawazun Real Estate Platform at a fixed price not exceeding 1,500 riyals per square meter, with reservations made electronically via the platform. Residential land offered through the Real Estate Balance Platform, and according to the announcement by the Ministry of Municipalities and Housing, … Read more

Housing Subsidy Regulation: The monthly installment amount is set at 33% of the applicant's income

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Housing Subsidy Program

Reading time: < 1 MinuteArticle 44 of the updated Housing Support Regulations stipulates that the monthly payment shall be set at 33.1% of the applicant’s income, provided that the repayment period does not exceed 25 years from the start date of eligibility, and that the applicant’s age must not exceed 65 years at the end of the repayment period. The Ministry of Municipalities and Housing clarified that the monthly installment can be deducted directly … Read more

In the updated regulation Requirement to waive Real Estate Fund applications for housing subsidies

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Real estate fund

Reading time: < 1 MinuteNew requirements included in the updated housing subsidy regulations regarding applicants for housing subsidies who have submitted a housing loan application to the Real Estate Fund and received their application number prior to July 23, 1432, These amendments aim to improve the governance of housing support and realign the eligibility mechanism with broader reforms in the mortgage finance sector. The Housing Support Regulations stipulate that he has … Read more

New changes in housing subsidy regulations SAR 5 million asset ceiling for the beneficiary's family

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Residential program

Reading time: < 1 MinuteArticle 9 of the updated Housing Support Regulations, recently approved by the Ministry of Municipalities and Housing, stipulates that the market value of a household’s assets must not exceed 5 million Saudi riyals, Thus, this condition excludes financially well-off families from support programs and directs resources toward the middle class and lower-income segments. The regulations clarify that there is no … Read more

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