Mortgage in Saudi Arabia. Accelerating Growth Supports Residential Ownership Goals under Vision 2030

Reading time: < 1 MinuteThe mortgage sector in the Kingdom is experiencing rapid growth in 2025, driven by the expansion of housing finance programs and increasing consumer confidence in the Saudi real estate market. In recent years, demand for mortgages has risen despite the significant increase in housing prices, driven by banking facilities and lower financing costs. The Ministry of Municipal and Housing Affairs has launched new programs … Read more

In detail... The Ministry of Municipalities and Housing adopts the seizure guide for materials and tools

Reading time: 2 MinutesThe Ministry of Municipalities and Housing has adopted a guide for the seizure and impoundment of materials and tools, in a regulatory move aimed at standardizing municipal policies and procedures and improving compliance with regulations and bylaws, thereby safeguarding public health and safety and enhancing the quality of life in cities. The Ministry clarified that the adoption of the guide is based on the regulations regarding penalties for municipal violations and the associated implementing rules, serving as a regulatory reference … Read more

24 hours later. Announcing the results of residential land entitlement in Riyadh via “Real Estate Balance”

Royal Commission Riyadh - Real Estate Balance

Reading time: < 1 MinuteThe Tawazun Real Estate Platform, affiliated with the Royal Commission for Riyadh City, is preparing to announce the results of the residential land allocation in the capital, Riyadh, in the coming hours, according to a report broadcast by Saudi News Channel. The announcement of the results of the residential land allocation in the capital, Riyadh, will be made electronically via the Tawazun Real Estate Platform. The Authority has announced that it plans to publish the results of the winners in the allocation… Read more

Al-Hogail issues a decision to form a committee to supervise the elections of the Board of Directors of the Saudi Engineers Organization

Saudi Council of Engineers

Reading time: < 1 MinuteHis Excellency the Minister of Municipalities and Housing, Mr. Majid bin Abdullah Al-Hogail, issued a decision to form a committee to oversee the elections for members of the Board of Directors of the Saudi Council of Engineers, in preparation for the start of the election process for the Board of Directors for its ninth term (1447 AH – 1450 AH). The committee’s membership includes Engineer Mazen bin Ibrahim Al-Fawaz (representative of the Ministry of Municipalities and Housing) as chair, and Counselor Khalid bin Abdullah Al-Zahrani (representative of … Read more

Industrial development in Saudi Arabia. New factories and record investments boost economic growth

Ministry of Industry - Industrial Licenses

Reading time: 2 MinutesThe industrial sector in Saudi Arabia is rapidly expanding its contribution to the gross domestic product, amid the economic transformation Saudi Arabia is undergoing as part of Vision 2030, with the sector benefiting from government incentives and significant investment opportunities under the National Industrial Development and Logistics Program (NIDLP). Continued growth in industrial production and a rise in the Industrial Production Index (IPI) … Read more

Al-Khatib: Public-private partnership is key to advancing AI-powered tourism

Reading time: < 1 MinuteRiyadh has cemented its prominent position in the global tourism sector by hosting the 26th General Assembly of the United Nations World Tourism Organization (UNWTO), the largest session in the organization’s history, attended by more than 100 ministers from around the world. The UNWTO General Assembly kicked off in the Saudi capital on Friday under the theme “AI-powered tourism… redefining…” Read more

Details... “The Real Estate Authority invites feedback on rent objection regulations for vacant properties

Off-plan real estate projects

Reading time: < 1 MinuteThe General Real Estate Authority has issued a public call to citizens, investors, and those interested in real estate matters to share their views on the draft regulations governing the review and resolution of objections to the total rent value of vacant properties, via the “Istisla” until November 20, 2025. The draft regulations aim to promote fairness and transparency in the real estate market by establishing a clear regulatory framework that defines the mechanism for handling objections to … Read more

The Challenges of Building a Saudi Real Estate Brand... From Construction to Identity

Reading time: 2 MinutesThe real estate development sector in Saudi Arabia is undergoing a paradigm shift in terms of its focus on developers’ brand strength as one of the key criteria for attracting both investors and buyers. Individual developers dominate the market, and competition among real estate developers is no longer based solely on space or design as the implementation of Saudi Vision 2030 projects accelerates; rather, competition has become … Read more

13 investment opportunities. Northern Borders Municipality launches projects to support development and urbanization

Reading time: < 1 MinuteThe Northern Border Region Secretariat, represented by the Al-Sha’bah Municipality, announced the launch of 13 investment opportunities in various fields related to improving infrastructure quality and new projects. It noted that the details of the tender documents can be viewed on the municipal investment portal “Furs,” with the deadline for purchasing the documents set for January 6, 2026. The opportunities range from the construction, operation, and maintenance of a wedding hall to commercial markets, … Read more

Riyadh welcomes world tourism leaders today “UN Tourism” kicks off with 160 countries participating

Reading time: < 1 MinuteRiyadh is hosting an extraordinary event today as it hosts the 26th session of the United Nations World Tourism Organization (UNWTO) General Assembly. This comes as the Kingdom achieves an unprecedented boom in the tourism sector, both in terms of visitor numbers and the development of tourist destinations. The 26th session of the UNWTO General Assembly is being held in the capital, Riyadh, during … Read more