Month: June 2026

Change Is Essential for the Survival of Companies

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Corporate and Management Emoji

Reading time: < 1 MinuteWe have seen several examples of companies that had remarkable success stories over the past decade but, unfortunately, recently filed for bankruptcy—despite their track record of success, impressive growth and development, along with profits distributed to shareholders and partners, and a good reputationfor several years. Inevitably, many questions come to mind: how, why, and where were the executive management and the board of directors… Read more

World Bank Raises Its Forecast for Saudi Economic Growth in 2027

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Reading time: < 1 MinuteThe World Bank has maintained its positive outlook for the Saudi economy in the coming years, according to the World Bank’s “Global Economic Prospects” report. According to the report, the World Bank expects the Saudi economy to grow by 3.1% in 2026, a decrease of 1.2 percentage points compared to its January estimate of 4.3%. Conversely, the World Bank raised its growth forecast for … Read more

Real Estate Appraisal: A Crucial Tool for Regulating the Market and Informing Investment Decisions

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Reading time: 2 MinutesReal estate appraisal is one of the most essential tools in the modern real estate market, as it involves determining the fair value of real estate assets according to precise technical and financial standards, based on an analysis of the property’s location, condition, expected returns, and market supply and demand.Real estate appraisal is gaining increasing importance in light of the significant urban expansion taking place in many countries, as it is no longer … Read more

585 million riyals in real estate financing from finance companies during the first quarter of 2026

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Real Estate Loans - Finance - Financing - SAR 500

Reading time: < 1 MinuteNew residential mortgage financing provided to individuals by finance companies saw a significant decline during the first quarter of 2026, by 21.9% compared to the fourth quarter of 2025, according to the monthly statistical bulletin issued by the Saudi Central Bank, with total financing falling to 585 million riyals, compared to 737 million riyals in the previous quarter. The data showed that … Read more

Our Cities Are Getting Ready... A Special Initiative by the Municipalities and Housing Authority for the 2026 World Cup

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Reading time: 2 MinutesThe Ministry of Municipalities and Housing and regional secretariats have prepared for the start of the 2026 World Cup, with excitement extending beyond the soccer field to cities across the Kingdom, which have transformed into vibrant public viewing areas, through the creation of public viewing areas and the launch of accompanying events, offering soccer fans an exceptional experience that combines cheering, entertainment, and quality of life, in a scene that reflects the presence … Read more

The Eastern Province Secretariat Begins Issuing Notices to Owners of 5,542 Non-Compliant Buildings Following the Expiration of the Rectification Period at the End of June

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Eastern Province Municipality - Residential Plans

Reading time: 2 MinutesThe Eastern Province Secretariat is preparing to enter a new enforcement phase beginning in early July, with the issuance of regulatory warnings to owners of non-compliant buildings following the expiration of the corrective period for the “Certificate of Compliance” program on June 30, as part of efforts to improve the urban landscape and strengthen compliance with regulatory requirements. This step was announced during a meeting of the Urban Landscape Improvement Program chaired by the Secretary … Read more

A Guide to Choosing Air Conditioners: How to Determine the Best System for Your Home or Office

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Reading time: 2 MinutesWith rising temperatures and increasing reliance on cooling systems in homes and offices, choosing an air conditioner is no longer a simple decision based solely on price or appearance; rather, it has become an important step linked to energy efficiency, air quality, and the unit’s suitability for the space and the nature of the location. With the variety of options available—including split and central air conditioners and various cooling systems—it has become… Read more

«Bashair Makkah» Auction Raises 383 Million Riyals»

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Reading time: < 1 MinuteAmthal Real Estate announced the successful conclusion of the «Bashair Makkah» auction, achieving total sales of 383 million riyals for the real estate assets offered in the Holy City. The company extended its congratulations to the new owners and investors, expressing its pride in the trust placed in it, which contributes to its continued success. The auction was launched via the Mubasher auction platform last Sunday, June 7, 2026, … Read more

Residential sector records a decline in transactions during the first quarter of 2026

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Riyadh city

Reading time: 4 MinutesThe Saudi real estate market demonstrated remarkable resilience during the first quarter of 2026, bolstered by the momentum of government projects and ongoing economic diversification programs, while the logistics, hospitality, and retail sectors continued to post strong performance, and the residential sector entered a phase of rebalancing after years of rapid growth. JLL revealed in its report on market performance … Read more

Inauguration of 6 road projects worth 406 million riyals in the Eastern Province

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Reading time: 2 MinutesHis Royal Highness Prince Saud bin Nayef bin Abdulaziz, Governor of the Eastern Province, inaugurated today at the Governorate headquarters six vital road projects in the Eastern Province, at a total cost of 406 million riyals, in the presence of His Excellency the Minister of Transport and Logistics, Engineer Saleh bin Nasser Al-Jasser, and a number of Their Excellencies and leaders of the transport and logistics sector. Quality projects in the sector … Read more

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