1,239 new collective housing licenses issued in 2025

Reading time: < 1 MinuteThe Ministry of Municipalities and Housing issued 1,239 new licenses for collective housing during 2025, in addition to issuing more than 1,000 licenses conforming to the requirements of Saudi architecture, within the approved municipal licensing system, within the framework of regulating urban activities and applying the relevant requirements. The ministry explained that these licenses were issued in accordance with the approved frameworks and in the context of regulating the activities of collective housing ... Read more

Pricing residential projects. Factors that fluctuate with the psychology of supply

Residential Project Pricing Survey

Reading time: 4 MinutesThe psychology of supply and demand, the availability of services, and the financial solvency of beneficiaries play crucial roles, in addition to the impact of quality projects and bank financing ratios in setting fair and sustainable pricing policies. Mohammed Al-Ja'eed: Location and purchasing power govern the pricing equation, according to Mr. Mohammed bin Naif Al-Jaeed, a member of... Read more

Non-Saudis owning real estate in Saudi Arabia Will it boost Saudi Arabia's competitiveness in the real estate market?

Reading time: < 1 MinuteThe entry into force of the Real Estate Ownership System for Non-Saudis reflects the evolution of the legislative framework regulating the real estate market in the Kingdom and represents a qualitative leap in the business and investment environment, enhancing the Kingdom's attractiveness to international investors and consolidating its position as a competitive destination on a global level. Expanding the base of investment opportunitiesThe system contributes to expanding the base of investment opportunities by enabling non-Saudi companies and entities to ... Read more

By name. Masaed Al-Dawood elected as Chairman of the Board of Directors of the National Housing Authority«

Reading time: < 1 MinuteThe National Housing Company (NHC) announced the formation of its Board of Directors for the new session (2026-2030), chaired by H.E. Mr. Musaed bin Abdulaziz Al Dawood, after his election by H.E. Mr. Majid bin Abdullah Al Haqeel, Minister of Municipalities and Housing, and H.E. Mr. Mohammed bin Abdullah Al Jadaan, Minister of Finance, representing the capital owner in the company. The names of the new board membersNHC's board of directors was formed in ... Read more

5 key programs and 42 implementation initiatives in the National Privatization Strategy

Finance Minister Al-Jadaan - Real Estate - Coronavirus - Kingdom's Budget

Reading time: 2 MinutesHis Excellency the Minister of Finance and Chairman of the Board of Directors of the National Center for Privatization, Mr. Mohammed bin Abdullah Al-Jadaan, praised the approval of the Council of Economic and Development Affairs to end the privatization program, after it completed the implementation of its activities and initiatives according to the approved plan. He explained that the privatization program has achieved a number of achievements since its launch, most notably: The establishment of the National Center for Privatization, which has developed more than 200 projects ... Read more

A Legal Reading of the Real Estate Expropriation and Temporary Seizure Law

Riyadh Real Estate - Real Estate Registration

Reading time: 3 MinutesThe issue of expropriation of real estate for public projects is no longer an incidental procedural matter, but has become a real test of the legal system's ability to balance the requirements of development and the sanctity of private property. Hence, the new Law on Expropriation of Real Estate for Public Interest and Temporary Seizure of Real Estate, in its new formulation, came to reformulate this relationship on a more disciplined and just basis. The system ... Read more

17 development projects worth 2.5 billion riyals revitalize industrial cities in Makkah and Jeddah

Cities - Prefabricated factories

Reading time: < 1 MinuteUnder the patronage of His Royal Highness Prince Khalid bin Faisal bin Abdulaziz, Advisor to the Custodian of the Two Holy Mosques and Governor of Makkah, His Royal Highness Prince Saud bin Mishaal bin Abdulaziz, Deputy Governor of the region, launched 17 development projects in the industrial cities of Jeddah and the second industrial city of Makkah, worth more than 2.5 billion riyals, and witnessed the signing of the first industrial contract for activities ... Read more

With investments touching one billion riyals. Concrete trucks reveal the acceleration of construction in Saudi Arabia in 5 years

Reading time: < 1 MinuteSaudi Arabia's imports of ready-mix concrete trucks during the past five years reflect the state of accelerated activity in the contracting and construction sectors, driven by the growing pace of implementation of major development projects in various regions of the Kingdom. The value of these imports exceeded SAR 940 million, a clear indication of the expanding demand for specialized transportation solutions related to the construction industry. According to the Authority's data ... Read more

In numbers and recommendations The fifth edition of the Future of Real Estate Forum comes to a close

Abdullah Al-Hammad - The Future of Real Estate Forum 4

Reading time: 3 MinutesThe Future of Real Estate Forum concluded its fifth edition in Riyadh yesterday, under the theme “Horizons Expand and Real Estate Thrives”, under the patronage of His Excellency the Minister of Municipalities and Housing and Chairman of the Board of Directors of the General Authority for Real Estate, Mr. Majid bin Abdullah Al Haqeel, under the patronage of the Minister of Municipalities and Housing. Based on its role as a global platform to lead the dialogue and create solutions in the real estate sector, and based on its strategic objectives and discussion topics, the Future of Real Estate Forum announced ... Read more

«Al-Hammad» at the Future of Real Estate Forum: Integrated real estate regulation is a pillar to attract investment and enhance confidence

Reading time: 2 MinutesRegulatory innovation and regional integration are key to the future of real estate regulation in the Gulf, according to Abdullah bin Saud Al Hammad, CEO of the General Real Estate Authority (GRA), stressing that modernizing the legislative base of the real estate sector is an essential step in building a more efficient and reliable market. This came during his participation in a panel discussion at the Future of Real Estate Forum titled «Regulatory Innovation: Regional Integration ... Read more