7 billion riyals to develop two hotels in Jeddah

Residential program

Reading time: < 1 MinuteCentral Jeddah Development Company (CJDC), a Public Investment Fund (PIF) company, has announced the signing of an investment partnership with Madad Real Estate to develop Atlantis and One&Only hotels within the Central Jeddah destination. The agreement was signed on the sidelines of the third day of the TOURISE Forum in Riyadh, witnessed by His Excellency the Minister of Tourism, Mr. Ahmed bin Aqeel Al-Khatib, and His Excellency the Chairman of ... Read more

Jeddah Airports showcases its development projects at Hajj 2025

Reading time: 2 MinutesJeddah Airports Company, during its participation in the fifth edition of the Hajj 2025 Conference and Exhibition, will showcase its development projects and operational initiatives through an interactive pavilion within the activities of the exhibition organized by the Ministry of Hajj and Umrah in cooperation with the Hajj Service Program, under the theme “From Mecca to the World”. The exhibition will be held from November 9 to 12 at the Jeddah Superdome. ... Read more

In numbers and occupancy rates Increasing demand for luxury accommodation and hospitality services in Madinah

Medina

Reading time: 2 MinutesThe occupancy rate of luxury hotels in Medina recorded an increase of (4%) during the last week of last October, and the occupancy rate of hotels in Medina as a whole recorded an increase of (2.5%) compared to the previous week. A report issued by the Madinah Chamber reviewed the most prominent economic indicators of the hospitality and accommodation sector in the region, noting that the average price of a luxury hotel room ... Read more

Next Monday... Cityscape Global 2025 kicks off in Riyadh

Reading time: < 1 MinuteThe capital, Riyadh, is preparing for the launch of Cityscape Global 2025, next Monday, November 17, 2025, sponsored by the Ministry of Municipalities and Housing and in partnership with the General Authority for Real Estate and the Housing Program, one of the programs of the Kingdom's Vision 2030, and organized by (Alliance) the joint venture between the Saudi Federation for Cyber Security, Programming and Drones, the Investment Events Fund, and Informa Global, at the Riyadh Center ... Read more

Jazan Municipality implements 100 million riyals of municipal and development projects in Samta Governorate

Reading time: < 1 MinuteJazan Municipality is implementing a package of municipal and developmental projects in Samta Governorate, including the development of parks, investment facilities and infrastructure, as part of its efforts to improve the level of services and quality of life in the governorate. The ongoing investment projects include the establishment of restaurants, cafes, a sports club and model pharmacies, in addition to the development of an investment hospital with a capacity of 150 beds on an area of 53,000 ... Read more

New rules for the registration and governance of state-owned real estate

Reading time: < 1 MinuteThe Board of Directors of the General Authority for State Real Estate (GASRE) has approved the rules and procedures of the State Real Estate Registry to ensure the organization of real estate properties within the Kingdom and the regulation of the market. The approved rules and procedures contribute to the development of an integrated database on the state's real estate, which includes a number of items and requirements ... Read more

Sakany launches Rental Behavior Index to enhance transparency and quality of real estate transactions

Residential platform

Reading time: < 1 MinuteNHC Innovation's “Sakany Platform” launched a new service called ”Rental Behavior Index”, which aims to enhance transparency and raise the quality of digital transactions in the real estate rental market, this service is available through the “Sakany” application, and it enables tenants to issue a comprehensive report on their rental behavior based on accurate and reliable data, allowing them to build an integrated picture of their performance ... Read more

The Eastern Province shines as a tourist destination Launching quality projects with more than 7 billion riyals

Reading time: < 1 MinuteThe TOURISE 2025 forum witnessed the signing of a number of agreements and memorandums of cooperation to establish a number of projects, so that the Eastern Province is part of this developmental movement, where a number of projects worth more than 7 billion riyals were signed under the patronage of the Emir of the Eastern Province, Prince Saud bin Naif, under the patronage of the Emir of the Eastern Province, Prince Saud bin Naif. The projects signed and scheduled to be implemented in the Eastern Province contribute to the development of the entire region, ... Read more

Hail Municipality promotes architectural identity by issuing the first “contemporary style” license”

Reading time: < 1 MinuteAs part of the Kingdom's cities“ direction towards consolidating the Saudi architectural identity, the Hail Municipality announced the issuance of the first residential license for the Najdi architecture ”contemporary style“, which came in line with the efforts to develop the urban landscape and achieve the goals of the Kingdom's Vision 2030. The Hail Municipality announced, via its official page on the X platform, that the issuance of the first residential license in the Najdi architecture ”contemporary style" ... Read more

Leasing Brokerage in Saudi Arabia A market that is confidently expanding towards digital transformation

Reading time: 2 MinutesSaudi Arabia's leasing brokerage sector is maturing in 2025, supported by the implementation of Saudi Vision 2030 to regulate the real estate market, support full digital transformation in leasing services, increase the efficiency of intermediaries, and improve transparency. As digital transformation and major real estate projects continue, the leasing brokerage sector is heading towards a more regulated and sustainable future, combining ... Read more