Reading time: < 1 MinuteThe General Authority for State Properties is hosting 62 government entities and their affiliated sectors participating in this year's Hajj season 1447 AH, in the Government Departments Complex in the Holy Sites, in a hosting that is the largest in terms of the number of entities that have hosted the complex since its inception. Read more
Reading time: < 1 MinuteThe Ministry of Municipalities and Housing, represented by the Holy Capital Municipality, equipped 28 municipal service centers in the Holy Sites during the Hajj season 1447 AH, to be field points closer to the sites of density, more capable of following up operational work, and increasing the speed of response in Mina, Muzdalifah and Arafat. The centers were distributed over the ranges of the scenes, with (22) centers in Mina, (3) centers in Muzdalifa, and (3) ... Read more
Reading time: 2 MinutesWith the dawn of the Day of Troyah and the arrival of the first pilgrims to Mina, one of the greatest seasonal organization and operation occasions in modern history is unfolding in the heart of the Holy Capital, where the Mina area is transformed in a few days into an integrated city managed efficiently to accommodate millions of pilgrims in a majestic scene of faith, in which they perform their rituals with ease and tranquility. The Saudi Press Agency ... Read more
Reading time: 2 MinutesA legal reading on the impact of compliance and governance on the stability of the real estate market The real estate sector today is no longer just an activity related to land, buildings and urban development, but has become an intertwined economic and investment sector in which legal, financial, regulatory and administrative considerations are deeply intertwined. With this transformation, real estate governance has emerged as one of the most important tools for building trust and stability within the market. In recent years, ... Read more
Reading time: < 1 MinuteSaudi Arabia plans to issue real estate sukuk in global markets worth up to 150 billion riyals (about $40 billion) by 2030, in a move aimed at diversifying sources of financing and supporting development projects linked to the Kingdom's Vision 2030.Minister of Municipalities and Housing Majid al-Hogail said in statements to the “East Economy with Bloomberg” program on the sidelines of the World Urban Forum in the Azerbaijani capital Baku, ... Read more
Reading time: 2 MinutesThe real estate market in the Eastern Province continued to record strong performance during the fourth quarter of 2025, supported by high demand for residential land and the expansion of urban activity, while Dammam topped the list of the most active cities in terms of the number of real estate transactions, while Al-Khobar recorded the highest average price per meter in the region.The report of the General Authority for Real Estate revealed that 9701 real estate transactions ... Read more
Reading time: 3 MinutesThe real estate market in Saudi Arabia is at a watershed moment in its modern history, as it is witnessing a series of unprecedented reforms aimed at redrawing the real estate landscape, addressing the chronic imbalance between supply and demand, and controlling real estate prices that have witnessed unjustified increases over the past years. These steps, which Al Rajhi Capital described in its latest report as "decisive and bold," do not represent ... Read more
Reading time: 2 MinutesThe Community Development Housing Corporation (Sakan) is part of the Kingdom's delegation participating in the World Urban Forum (WUF13), held in the Azerbaijani capital Baku, headed by His Excellency the Minister of Municipalities and Housing and Chairman of Sakan's Board of Trustees, Mr. Majid bin Abdullah Al Haqeel, to review leading national experiences in urban development and sustainable housing and highlight the Kingdom's efforts in empowering the non-profit sector and promoting solutions ... Read more
Reading time: 2 MinutesSaudi Arabia's domestic cement sales recovered in April, with total cement sales for the sector rising by 6% y-o-y and 36% m-o-m to reach 6.4 million tons, according to a recent report by Riyadh Capital. Read more
Reading time: 2 MinutesThe General Real Estate Authority (GRA) announced the start of the real estate registration work for (58,531) real estate pieces in the regions of Qassim, Tabuk and Medina, starting from Sunday, June 7, 2026, corresponding to 21 Dhul Hijjah 1447 AH, until the end of Thursday, September 10, 2026, corresponding to 28 Rabiul Awwal 1448 AH, to the end of Thursday, September 10, 2026, corresponding to 28 Rabiul Awwal 1448 AH. Neighborhoods benefiting from the Real Estate RegistryThe Authority explained that the neighborhoods benefiting from ... Read more
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