Month: October 2025

Eastern Chamber: The legal provisions of the rental relationship are in line with the goals of Vision 2030

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President of the Eastern Chamber

Reading time: < 1 MinuteSaudi Arabia has welcomed and praised the regulatory measures for the rental relationship between landlord and tenant, which were recently issued under the directives of Saudi Crown Prince Mohammed bin Salman, primarily aimed at regulating the rental real estate market and controlling the unjustified price hikes that the market has witnessed in recent years. The new regulations were issued under the directives of Saudi Crown Prince Mohammed bin Salman. Read more

Royal Commission in Riyadh clarifies residency requirement to obtain land through the real estate balance platform

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Royal Commission in Riyadh

Reading time: < 1 MinuteThe Royal Commission in Riyadh has specified a number of conditions that must be met by the applicant to buy a residential plot of land through the real estate balance platform, the most important of which is that the person must be a resident of the city of Riyadh. Is living in the suburbs of Riyadh allowed to buy a plot of land through ... Read more

600,000 square meters in the International City project leads to an unprecedented investment movement in Dammam

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International City in Dammam

Reading time: < 1 MinuteThe International City project in Dammam is one of the major and qualitative investment projects, and the project represents a qualitative leap in the map of entertainment, cultural and tourism projects at the level of the region, and the project comes in line with the strategy of Vision 2030, which aims to improve the quality of life. The International City project in Dammam is categorized as a first-class tourism and entertainment project, as it combines ... Read more

Sharqiya governor launches “Neighborhood Union” initiative to improve urban landscape

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Residential program

Reading time: < 1 MinuteHis Excellency the Governor of Eastern Province, Fahad bin Mohammed Al Jubeir, yesterday launched the “Neighborhood Union” initiative as part of the “Your Volunteerism Builds the Future of Eastern Province” campaign launched by the Ministry of Municipalities and Housing to promote the culture of volunteering and improve the urban landscape. The initiative aims to engage neighborhood residents in addressing visual distortions around public facilities, providing solutions, and enhancing community participation in line with the Kingdom's Vision 2030, in ... Read more

World Travel Council: Saudi Arabia's cities are key players in shaping the future of tourism

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Cities of Saudi Arabia

Reading time: < 1 MinuteSaudi Arabia's tourism sector is witnessing an unprecedented boom. The Kingdom is one of the most prominent emerging tourism powers on the international scene, and is implementing an extensive plan that includes many sectors such as expanding airports, developing luxury hotels, as well as establishing advanced cruise terminals. The Kingdom's massive infrastructure investments are positioning it as a leading global tourism destination, driven by ambitious strategies ... Read more

Guide to Benefit from the Real Estate Transformation and Empowerment Program Eligible categories, services provided, and registration method

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Reading time: 2 MinutesIn a strategic move that aims to reshape the features of the real estate sector in the Kingdom, the Real Estate Development Transformation and Empowerment Program is emerging as an enabling tool to drive localization and enhance the efficiency and capabilities of developers and contractors, as well as those associated with the real estate market. The program is a golden opportunity for those interested in professional excellence, gaining knowledge, and building strong relationships with financing and regulatory authorities, under an official umbrella... Read more

49.2% Saudi labor force participation rate. Unemployment falls to 3.2%

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General Authority for Statistics

Reading time: < 1 MinuteThe General Authority for Statistics (GASTAT) released today the results of the Labor Market Statistics Bulletin for the second quarter of 2025, which revealed a positive development in the Kingdom's labor market indicators. The total labor force participation rate (for Saudis and non-Saudis) reached 67.1%, while the total unemployment rate recorded 3.2%. The bulletin showed that the labor participation rate of Saudis ... Read more

New updates in the regulation of the rental relationship More flexible and organized controls between landlord and tenant

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Rent platform

Reading time: 2 MinutesEngineer Walid Munshi, Director of the Real Estate Services Department at the General Real Estate Authority, confirmed that the recent updates in the regulation of the rental relationship between the lessor and the lessee aim to ensure the sustainability of the contractual relationship between the two parties, while setting clear controls for the automatic renewal of contracts, as well as establishing mechanisms to control the value of the rent. The latest updates in the regulation of the rental relationship between landlord and tenant aim to ensure the sustainability of the contractual relationship between the two parties. Read more

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