Month: December 2025

Abdullah Al-Obeikan: Criteria and determinants of the transition from traditional to digital economy

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Abdullah Al-Obeikan

Reading time: < 1 MinuteEngineer Abdullah Al-Obeikan, Chairman of the Board of Directors of the Riyadh Chamber, emphasized that the process of transformation from the traditional economy to the modern and digital economy requires commitment to four main determinants that constitute the «compass» for success, pointing out that many entities lost their path while trying to make this transition. He explained during his participation in «Al-Abdali Sunday», on the transition from the traditional economy to the digital economy, that these ... Read more

1.3 billion riyals to build electrical infrastructure for Souda Summits tourism project

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Reading time: < 1 MinuteAl Souda Development Company, a Public Investment Fund (PIF) company, has signed a SAR 1.3 billion agreement with National Electricity Transmission Company (NETC), a wholly-owned subsidiary of Saudi Electricity Company (SEC), to develop and implement the integrated electrical infrastructure for the Al Souda Peaks project. According to the company's statement, this partnership is a pivotal step in the development of Souda Peaks, a luxury tourism destination at an altitude of 3,015 meters above ... Read more

Tomorrow. The second edition of the Architecture and Design Research Conference kicks off in Jeddah

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Architecture and Design Authority

Reading time: 2 MinutesThe second edition of the Architecture and Design Research Conference (ADRC 2025) kicks off today in Jeddah, under the title Documentation in Architecture and Design, and runs until December 6, 2025, and aims to explore documentation theories, analyze them and discuss their applications, discuss current and future documentation challenges and solutions, review the latest practices and techniques in documenting architectural and design projects, and highlight the impact of cultural and historical context on ... Read more

2026 Budget Forum. Minister of Municipalities and Housing reviews 2025 achievements and future plans

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Residential program

Reading time: 2 MinutesHis Excellency the Minister of Municipalities and Housing, Mr. Majid bin Abdullah Al-Hogail, participated today in the Budget 2026 Forum as part of a panel discussion entitled “Infrastructure Development Initiatives and their Reflection on the National Economy and Quality of Life,” during which he reviewed the most prominent achievements of the housing system and municipalities and their plans for the coming year. He explained that the housing system has continued to strengthen its presence in empowering Saudi families, as it has benefited ... Read more

New Square Development Company promotes investment cooperation between Saudi Arabia and Japan

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Residential program

Reading time: 2 MinutesThe New Square Development Company (NSDC), a Public Investment Fund (PIF) company, concluded its participation in the FII PRIORITY Asia 2025 Summit, organized by the Future Investment Initiative (FII) Foundation and held in Tokyo from November 30 to December 1 under the theme “The New Asia”, which focused on the region's accelerating economic role. New Square's participation came to support the partnership ... Read more

«Expo 2030 Riyadh awards Boro Happold the contract to prepare the master plan for the exhibition site»

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Residential program

Reading time: < 1 MinuteExpo 2030 Riyadh has announced that Buro Happold has been awarded the contract to prepare the detailed master plan for the Expo site. Buro Happold will act as the lead consultant for the project, including infrastructure design, open space planning and facility development for the Expo and its future sustainable legacy. The partnership is a strategic move that reflects the Kingdom's vision to deliver an exceptional and unprecedented ... Read more

Despite year-on-year declines Mortgage financing from finance companies rises in October 2025

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Reading time: 2 MinutesIn an indicator that reflects a remarkable movement in the real estate finance market in Saudi Arabia, and amid fluctuations in the financing sectors during the year, new residential real estate financing provided to individuals by financing companies recorded remarkable growth by the end of October 2025, giving a new impetus to the market after months of fluctuation and successive decreases. The volume of new residential real estate financing provided to individuals by financing companies in Saudi Arabia increased ... Read more

Ministry of Industry processes 837 requests for customs exemption during October

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Residential program

Reading time: < 1 MinuteThe Ministry of Industry and Mineral Resources processed 837 requests for industrial customs exemption service during October 2025, as part of the ministry's efforts to encourage local industry and enhance its global competitiveness by granting national industrial enterprises an exemption from customs duties on their imports of industrial inputs. The ministry's spokesperson, Jarrah Al-Jarrah, explained that the customs exemption requests processed by the ministry include 4,021 items ... Read more

Mud house sculptures in Najran. A piece of art that bears an authentic heritage character

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Reading time: < 1 MinuteInspired by the traditional mud houses in Najran, the art of making handcrafted figurines embodies the deep connection between man and his local environment. Natural elements are exploited and transformed into heritage artifacts, reflecting the ancient architecture of the region and reinforcing cultural identity. The meticulously crafted figures are made of Rezin material and painted in a traditional brown color that reflects the beauty of the houses. Read more

Local Content Authority signs agreement to localize the manufacture of polymer light poles

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Reading time: < 1 MinuteThe Local Content and Government Procurement Authority (LCGA), in cooperation with the Petroleum Demand Sustainability Program (PDSP), announced the signing of an agreement to localize the manufacture and knowledge transfer of polymer fiber lighting poles, with the aim of enhancing infrastructure in city lighting, and separately signed with Elsewedy Electric, Al Sahel, Zamil, and Composite Materials Company. She explained ... Read more

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