NHC signs MoU with Korean company to develop an integrated project at Al Forsan

Residential program

Reading time: < 1 MinuteNHC signed a Memorandum of Understanding (MoU) with GS Engineering Construction to implement a quality project in Al Forsan destination, under the patronage of H.E. Mr. Majid bin Abdullah Al Haqeel, Minister of Municipalities and Housing, in the presence of NHC CEO Mohammed bin Saleh Al Batti, in Seoul, the Korean capital. This step highlights the depth of the strategic partnership between the Kingdom of Saudi Arabia and the Republic of Korea, with the aim of ... Read more

“Al-Haqeel concludes Asian tour by strengthening international partnerships in housing and smart cities

Residential program

Reading time: 2 MinutesHis Excellency the Minister of Municipalities and Housing, Mr. Majid bin Abdullah Al-Hogail, concluded his Asian tour, which included the People's Republic of China and Korea, and aimed to strengthen international partnerships in the fields of housing, infrastructure and smart cities, within the Ministry's efforts to increase the housing supply, achieve real estate balance, and attract modern technologies that contribute to improving the quality of life in Saudi cities. The visit to the Republic of ... Read more

“Statistics” reveals: Construction costs in Saudi Arabia rose during the month of September

Residential program

Reading time: < 1 MinuteThe General Authority for Statistics (GASTAT) announced the release of the Construction Cost Index Bulletin in Saudi Arabia, as part of its ongoing efforts to develop statistical products for vital sectors and provide a reliable and effective reference and accurate estimates based on a comprehensive analysis of basic material costs, labor costs, equipment and machinery rental costs, and energy costs for the residential and non-residential sectors, to support the decisions of contractors, real estate developers, and ... Read more

Northern Borders Municipality offers 11 investment opportunities

Northern Borders Municipality

Reading time: < 1 MinuteThe Northern Borders Municipality, represented by Tal'at Al-Tamyat Municipality, announced the launch of (11) investment opportunities through the “ForUs” platform for investment in Saudi cities, with the aim of promoting local development and attracting investors and entrepreneurs to contribute to the development of services and facilities in the region. The municipality explained that the investment opportunities that have been offered include several vital areas, such as ... Read more

Al-Ahsa Municipality requires new home owners to plant 3 trees for electricity connection

Reading time: < 1 MinuteAl-Ahsa Municipality has announced the implementation of a strategic initiative that requires new home owners to plant three trees within the scope of the property as a prerequisite for the issuance of an electricity connection license. The initiative aims to increase vegetation cover and accelerate the transition towards a more sustainable urban environment by integrating environmental standards into the ... Read more

Zatka warns of penalties for late VAT returns

Reading time: < 1 MinuteThe Zakat, Tax and Customs Authority (Zatca) has called on all establishments subject to Value Added Tax (VAT) to expedite the submission of their tax returns before the deadline of October 31 to avoid fines of up to 25% of the tax due. The Authority explained that establishments whose annual supplies of goods and services exceed SAR 40 million will be subject to the tax... Read more

Cabinet approves several development and education decisions, boosts housing and services sector

Prince Mohammed bin Salman, Crown Prince and Prime Minister

Reading time: < 1 MinuteThe Council of Ministers, chaired by Crown Prince Mohammed bin Salman, has approved the Ministry of Interior's implementation of the provisions related to the investment of municipal real estate in accordance with the Real Estate Disposal Regulation. The decision includes properties that have deeds in favor of the ministry, which are located within housing or training cities, or those allocated for health, educational or residential facilities or for clubs. Cabinet Decisions ... Read more

Video: Investor's Place organizes 5 unique real estate auctions in one week

Reading time: < 1 MinuteThe Investor's Place Company, under the supervision of the Attribution and Liquidation Center “Enforcement”, by a decision of the Execution Court and a ruling from the Personal Status Court, is organizing 5 real estate auctions within one week, to offer a number of distinctive and diverse real estate opportunities in a number of cities. The first auction is the Hybrid Resort Auction, and it starts on October 22, 2025, at 4:30 p.m., in person at the ... Read more

Building the future Saudi Arabia adopts first cured concrete in a step towards zero-neutrality

Reading time: < 1 MinuteAs part of efforts to reduce carbon emissions and achieve zero carbon neutrality by 2060, the Saudi Standards, Metrology and Quality Organization (SASO) has issued the first quality mark for CO2-treated concrete, as part of the Ministry of Energy's Carbon Circular Economy (CCE) applications. With the support and initiative of the Ministry of Energy, SASO has issued the first quality mark for CO2-treated concrete, which is ... Read more

23 real estate opportunities at the “Ruins and Future of Makkah” auction”

Reading time: < 1 MinuteThe Investor's Place, under the supervision of the Attribution and Liquidation Center «Enforcement», announces the holding of the “Ruins and Future of Makkah” auction, in person/electronic/hybrid, on 26/10/2025, in person, at 04:30:00, at Aljawhara Hall in Makkah, and electronically via Mubasher Auctions platform, and the Makkah Future Auction starts on 26/10/2025 and ends on 28/10/2025 electronically via Mubasher Auction platform The auction offers 23 distinct real estate opportunities in strategic locations, most notably two raw lands of ... Read more