Month: October 2025

The Abha Chamber of Commerce and Industry Discusses the Mechanism for Qualifying Contractors for Special Projects in the Kingdom

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Residential program

Reading time: < 1 MinuteYesterday, the Contractors Committee of the Abha Chamber of Commerce organized a meeting titled “Mechanism for Qualifying Contractors for Specialized Projects in the Kingdom,” in collaboration with the Saudi Contractors Authority, with a number of contractors and project owners in attendance. The meeting discussed several key topics, most notably: an introduction to the Saudi Contractors Authority and its role; a review of the qualification program and its objectives; and an explanation of the unified qualification program and registration steps. The meeting also discussed ways to enhance… Read more

Mechanisms for Protecting Real Estate Investors in the Kingdom: Clear Legislation That Boosts Confidence

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Reading time: < 1 MinuteThe real estate market in the Kingdom of Saudi Arabia is experiencing rapid urban growth, which is in line with the objectives of Vision 2030, In tandem with this rapid growth, the Kingdom is moving toward strengthening protection for real estate investors by developing the legislative and regulatory framework, increasing transparency, and providing accurate data and indicators. Mechanisms for Protecting Real Estate Investors in the Kingdom A package of legislation and laws issued by the Kingdom of Saudi Arabia … Read more

13 Real Estate Opportunities at Sama Riyadh Auction

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Reading time: 2 MinutesArkan Al-Kayan Real Estate Company, under the supervision of the Enforcement and Liquidation Center (Enfaaz), announces the holding of an auction «Sama Riyadh» electronic auction, which will begin on Sunday, 04 Jumada Al-Awwal 1447 AH, corresponding to October 26, 2025, at 1:00 p.m. online via the Saudi Auctions Platform and ending on Tuesday, 6 Jumada Al-Awwal 1447 AH, corresponding to October 28, 2025, at 7:00 p.m. … Read more

Riyadh Metro is changing the real estate map of the capital Price jumps up to 78% near stations

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Riyadh train

Reading time: 2 MinutesAmid a remarkable transformation in the real estate market of the Saudi capital, Knight Frank, a real estate consulting firm, revealed that the launch of the Riyadh Metro project has contributed to a significant price surge in residential areas near its stations, with some villas seeing a 781% increase in value compared to 2023. According to a recent report issued by the company, the train network, consisting of 6 … Read more

A national achievement. HNC honored with the 2025 Social Responsibility Award

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National Housing Company

Reading time: < 1 MinuteDuring the Corporate Social Responsibility Awards ceremony hosted by the Minister of Human Resources and Social Development, the Saudi National Housing Company (HNC) received the 2025 Corporate Social Responsibility Award in the large companies category for the highest value of contributions. The 2025 Corporate Social Responsibility Award recognizes HNC’s achievement of sustainable and tangible social and developmental impact in the community, as well as its promotion of quality of life through the construction of integrated urban destinations … Read more

Record financial facilities for small and medium-sized enterprises and unprecedented growth in the second quarter of 2025

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Saudi Central Bank

Reading time: < 1 MinuteThe total value of financial facilities provided by the banking and finance sectors to small, medium, and micro enterprises in the Kingdom of Saudi Arabia rose significantly, reaching a historic high of 420.7 billion riyals by the end of the second quarter of 2025, achieving an annual growth rate of 37%, an increase of more than 113.3 billion riyals compared to the same period in 2024, when the total … Read more

A civilizational shift in the bride of the sea. Jeddah's Central Jeddah project is moving steadily towards the 2030 goals

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Reading time: < 1 MinuteThe Downtown Jeddah project is one of the largest urban development projects on the Kingdom’s west coast, and is expected to help transform Jeddah into a global destination that combines culture, entertainment, and investment. This project aligns with the goals of Vision 2030, and economists view it as a roadmap for quality investment within the Kingdom. Details of the Jeddah Central Project: The Crown Prince launched… Read more

“Real Estate Authority” solicits opinions on the schedule of violations of rent control provisions in Riyadh

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Real Estate Registration Authority Logo

Reading time: 2 MinutesThe General Real Estate Authority has invited the relevant authorities in the municipal services, planning, and urban development sectors to provide their feedback on the draft classification table for violations of the regulatory provisions governing the relationship between landlords and tenants, during the period from October 14 to 29, 2025. The Authority clarified that the draft is based on decisions regulating the landlord-tenant relationship and on clause (9) of the regulatory provisions, … Read more

Saudi Arabia leads Middle East hospitality growth with 60% hotels and rooms under construction in the region

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Reading time: < 1 MinuteThe hospitality sector in the Kingdom is experiencing an unprecedented boom, and this progress and growth are thanks to Vision 2030, which aims to diversify Saudi Arabia’s sources of income and reduce dependence on oil. The tourism and hospitality sector is one of the most important sectors to which the Kingdom attaches great importance. The Dubai Hospitality Summit, scheduled to take place from October 27 to 30 … Read more

Saudi Arabia's purchases of Turkish real estate fall in September 2025 What's the secret?

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Real estate in Turkey

Reading time: < 1 MinuteA recent report released by the Turkish Statistical Institute showed a decline in Saudi real estate purchases during September 2025, as Saudi Arabia had been among the top five countries purchasing Turkish real estate in previous years. According to the Turkish Statistical Institute’s report, Saudi Arabia ranked sixth among the countries purchasing the most Turkish real estate, with the number reaching … Read more

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