Saudi economy grows by more than 228 billion riyals in a year

Reading time: < 1 MinuteDomestic liquidity in the Saudi economy recorded an estimated annual growth of 228.7 billion riyals by the end of September 2025, representing a growth rate of 7.81%, reaching approximately 3.2 trillion riyals, compared to approximately 2.9 trillion riyals during the same period in 2024, reflecting growth in the broad money supply “M3,” according to the monthly statistical bulletin issued … Read more

Mostly in the real estate sector. Saudi banks prepare to inject USD 75 bn in corporate finance annually

Reading time: < 1 MinuteSaudi banks are preparing to inject between $65 billion and $75 billion annually—equivalent to 244–281 billion riyals—in the form of new loans to companies during 2025 and 2026, with the bulk of this amount directed toward the real estate and utilities sectors, according to forecasts by S&P Global. The agency’s report confirmed that companies listed on the Saudi market, including … Read more

Video: Do white land fees apply to farms within the urban area? The head of the Real Estate Authority answers

Reading time: < 1 MinuteEngineer Abdullah Al-Hammad, CEO of the General Real Estate Authority, confirmed that the fees on undeveloped land do not under any circumstances apply to agricultural land, explaining that the scope of the fees is limited to residential and commercial land only, as part of efforts to regulate the real estate market and improve its efficiency. During his appearance on the program “In the Spotlight,” Al-Hammad noted that the application of fees to commercial land … Read more

«Monsha'at boosts Saudi companies» presence in global innovation platforms

Monsha'at - Small and Medium Enterprises

Reading time: < 1 MinuteThe General Authority for Small and Medium Enterprises (Monsha'at) concluded its participation in the Slush exhibition held in Helsinki, Finland, where the Saudi delegation was represented by four Saudi startups with significant potential for international expansion. The aim of the participation was to strengthen the presence of Saudi companies on global innovation platforms and expand the network of Saudi entrepreneurs with investors and partners from around the world. During the exhibition, … Read more

With the participation of 173 countries. Riyadh to host «Global Industry Summit 2025» tomorrow»

Riyadh - Business - Localization of real estate activities and professions

Reading time: < 1 MinuteGlobal industry leaders, experts, and organizations from 173 countries will gather in Riyadh tomorrow, Sunday, as part of the 21st General Conference of the United Nations Industrial Development Organization (UNIDO), which the Kingdom is hosting under the title “World Industry Summit 2025.“ This edition of the conference, organized by UNIDO in partnership with the Ministry of Industry and Mineral Resources, is held under the theme “The Power of Investment and Partnerships … Read more

Jeddah Tower condominium sales begin, boosting foreign ownership and attracting investors

Reading time: < 1 MinuteSaudi Arabia is preparing for a new phase that will open up new investment opportunities, as foreigners are set to be allowed to own real estate starting January 1, 2026. In conjunction with this anticipated move, some projects have begun announcing the sale of units through off-plan sales. Through its official page on the X platform, Adad Jeddah announced this in preparation for the imminent implementation of … Read more

Violating your lease could cost you dearly Citizen Account clarifies penalties for misinformation

Reading time: < 1 MinuteThe Citizen Account Program has warned against submitting lease agreements containing false information to avoid penalties. The program explained on its official page on the X platform that the accuracy of any standardized lease agreement submitted to them is verified by checking with the relevant authorities to ensure that all data recorded in the database is accurate … Read more

Expansion of the ceramics and flooring market in Saudi Arabia Growth supported by development projects and Vision 2030

Reading time: 2 MinutesThe flooring and ceramics market in Saudi Arabia has been experiencing increasing growth in recent years, driven by urban development projects and government housing programs, along with the significant expansion of infrastructure projects linked to the Kingdom’s Vision 2030. Growth in the flooring and ceramics market The flooring market in Saudi Arabia reached approximately $899 million in 2024, with projections for growth to … Read more

By the Numbers. Personal real estate finance in Saudi Arabia is set to surge in 2025

Reading time: 2 MinutesThe residential mortgage sector for individuals in Saudi Arabia has seen a significant increase this year, coinciding with banks“ expansion of lending, as well as government programs designed to promote homeownership. Growth in New Residential Financing Data released by the Saudi Central Bank (SAMA) confirmed that the residential mortgage sector for individuals in Saudi Arabia witnessed … Read more

NHC signs SAR 875 million contract for 1075 residential units in Riyadh

Reading time: < 1 MinuteThe National Housing Company (NHC) signed a contract with Al-Mowaten International to build 1,075 housing units in the Al-Fursan district of Riyadh, with a value exceeding 875 million riyals, on the sidelines of Cityscape Global 2025. NHC was represented at the signing by Engineer Yahya Siraj, President of Al-Fursan, while Al-Mowaten International was represented by Ahmed Al-Namla, Chairman of the Board of Directors. She explained … Read more