Month: March 2026

Jazan Emir hands over ownership documents to beneficiaries of the Crown Prince's donation

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Reading time: < 1 MinuteHis Royal Highness Prince Mohammed bin Abdulaziz bin Mohammed bin Abdulaziz, Governor of Jazan, in the presence of His Royal Highness Prince Nasser bin Mohammed bin Abdullah bin Jalawi, Deputy Governor of the region, handed over the documents of ownership of housing units to the beneficiaries of deserving families in the region, as part of the generous donation made by His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Crown Prince ... Read more

Criteria for categorizing and distinguishing between raw and developed land

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White land

Reading time: < 1 MinuteIn the context of regulating the real estate market and increasing the efficiency of land use, it is important to distinguish between raw and developed land, not only in terms of definition, but also according to precise legal criteria related to infrastructure, licenses, and official approvals. This categorization is an important basis for determining the legal obligations and fees associated with land. According to the White Land and Vacant Properties Program, raw land is defined as land ... Read more

Residential and commercial projects approved to boost investment in Medina

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Medina-Manoura

Reading time: < 1 MinuteThe Municipality of Medina has approved the implementation of two residential and commercial projects, as part of its efforts to develop the commercial sector, stimulate investment, and enhance the investment environment in Medina. The first project includes the implementation of a commercial project in Bir Othman neighborhood on Khalid bin Al-Walid Road, with an area of (5,233.55) square meters; it aims to attract investors, enhance competitiveness, and meet the needs of consumers, which contributes to supporting ... Read more

Apartments and land lead slowdown in corporate-to-person real estate financing in January

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Reading time: 2 MinutesAs the real estate market in Saudi Arabia awaits indicators of recovery at the beginning of a new year, official data revealed a significant contraction in the pace of housing financing provided to individuals through financing companies during January 2026, in a signal that reflects caution in purchasing decisions, especially in the apartment and land sectors, despite a relative improvement in the financing of villas. Read more

Secretary General of Sakan Foundation: Empowering deserving families with housing is an extension of the leadership's support to enhance quality of life

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Reading time: < 1 MinuteThe Secretary General of the Community Development Housing Corporation (Sakan), Rashid bin Mohammed Al-Jalajil, said that handing over the documents of ownership of housing units to beneficiaries from eligible families in Jazan embodies an integrated national model for housing development work, and reflects the great humanitarian impact of the generous support provided by His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Crown Prince and Prime Minister - may God preserve him - ... Read more

Boodle Group sets aside a number of its hotels to host GCC brothers and sisters

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Narses Hotel - Bodel

Reading time: < 1 MinuteIn a national and humanitarian initiative that embodies the values of solidarity established in the Kingdom of Saudi Arabia, Boodle Hotels and Resorts, under the guidance of its Chairman, Mr. Nasser bin Saleh Al-Khaliliwi, announced the allocation of a number of its hotels in various regions of the Kingdom to host brothers from the Gulf Cooperation Council countries affected by the current circumstances without charge, and this step comes in response to the generous directives of the ... Read more

A monthly jump. Real estate financing from banks exceeds 6 billion riyals in January

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Reading time: 2 MinutesWith the start of 2026, Saudi banks have sent signs of recovery to the residential real estate market, as new financing for individuals recorded a significant rise on a monthly basis during January, while annual figures still reflect strong pressures compared to last year's levels, according to the Central Bank of Saudi Arabia's statistical bulletin. According to the Central Bank of Saudi Arabia's statistical bulletin, the total new residential real estate financing for individuals provided ... Read more

55 practitioners caught practicing engineering work without professional accreditation at a major project in Jazan

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Saudi Council of Engineers

Reading time: < 1 MinuteThe Saudi Commission for Engineers (SCE) carried out a field monitoring tour as part of its ongoing efforts to enhance compliance with the Engineering Professions Practice Law, which resulted in the seizure of a facility engaged in contracting activity in one of the major projects in the Jazan region, where it was found that (55) people practicing engineering and technical work without obtaining a professional accreditation from the Commission. The Authority emphasized that professional accreditation is a legal requirement for practicing any engineering work. Read more

with an annual growth of 13%. Real estate loans approach one trillion riyals during the fourth quarter of 2025

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Reading time: 2 MinutesReal estate loans in Saudi Arabia continued its upward trajectory to reach new record levels by the end of 2025, driven by increased lending to both individuals and companies, in an indicator that reflects the continued momentum in the real estate finance market despite economic challenges. According to the monthly bulletin issued by the Central Bank of Saudi Arabia, total real estate loans provided by commercial banks increased by 1.4% during the fourth quarter ... Read more

17 real estate opportunities at Thamar Tiba's auction

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Muin Generations Agency Logo

Reading time: 2 MinutesMouin Al-Ajyal Auction Agency, under the supervision of the Attribution and Liquidation Center «Enforcement» and by a decision of the Execution Court, announces the holding of the “Fruits of Thebes” auction on Tuesday 10/3/2026 electronically through the Mubasher platform from 10:00 am and ends on Thursday 12/3/2026 between 10:00 and 11:52 pm. The auction offers distinctive real estate assets in strategic locations in the most important neighborhoods in Medina, and consists of ... Read more

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