Month: July 2026

The Royal Commission for Jubail and Yanbu Signs an Agreement to Build 200 Residential Villas in Yanbu Industrial City

by

Reading time: < 1 MinuteThe Royal Commission for Jubail and Yanbu signed an agreement to implement a residential project in Yanbu Industrial City, with a total value of 307 million riyals, in the presence of His Excellency the President of the Royal Commission for Jubail and Yanbu, Engineer Khalid bin Mohammed Al-Salem, as part of the Commission’s efforts to develop housing infrastructure and enhance quality of life, in line with the objectives of the Kingdom’s Vision 2030. The agreement was signed between Jubin Company and … Read more

«Lib» continues its operations and solidifies its position as a global technology platform... with Hong Kong as its first international stop

by

Reading time: 2 MinutesThe world’s most-attended technology conference, “LEEP,” continues its work and journey to solidify its position as a global platform for technology and innovation. Following four successful editions held in Riyadh since 2022, which have established it as a major destination for technology sector leaders, investors, and entrepreneurs from around the world. The event is organized by the Ministry of Communications and Information Technology, the Saudi Federation for Cybersecurity, Programming, and Drones, and … Read more

«The Real Estate Authority Organizes the Third Edition of the Real Estate Brokerage Forum and Showcases the Sector’s Success Stories on July 18

by

Reading time: < 1 MinuteThe General Real Estate Authority is preparing to host the third edition of the Real Estate Brokerage Forum on July 18 at the Riyadh International Convention and Exhibition Center, with broad participation from experts, professionals, and practitioners in the real estate sector.The forum aims to discuss the most significant developments in the real estate sector and their implications for market governance, as well as to promote the sector’s growth and enhance its investment appeal, in addition to reviewing the transformations that the real estate brokerage industry has undergone … Read more

Provision of 4,551 housing units and implementation of 20 projects in Al-Qassim

by

Reading time: < 1 MinuteHis Royal Highness Prince Dr. Faisal bin Mishaal bin Saud bin Abdulaziz, Governor of the Al-Qassim Region, today presided over the 24th meeting of the Executive Committee for Developmental Housing, which was dedicated to following up on developmental housing targets and projects, assessing the level of completion, and accelerating project implementation.During the meeting, His Highness reviewed the committee’s activity report, which showed that 123 tasks had been completed at a rate of 100%, and he also reviewed indicators … Read more

Saudi Arabia Jumps to 13th Place Globally in Attracting Foreign Investment

by
Excavation work

Reading time: < 1 MinuteSaudi Arabia has made remarkable progress on the global investment map, having recorded a sharp increase in the volume of foreign direct investment during 2025, according to the latest report issued by the United Nations Conference on Trade and Development (UNCTAD).The report revealed that the value of foreign direct investment inflows to the Kingdom rose to $33 billion in 2025, compared to approximately $21 billion … Read more

A New Chapter in International Real Estate Ownership in Medina

by

Reading time: 3 MinutesThe Knowledge Economic City (KEC), a leading developer listed on the Saudi Stock Exchange (Tadawul) and operating under the supervision of the Authority for Special Economic Zones and Cities, which contributes to the urban and economic transformation of Madinah, following the Saudi government’s adoption of the executive regulations for the Non-Saudi Real Estate Ownership Law and the designation of specific zones where such ownership is permitted—a historic milestone that opens a new chapter for international investment in … Read more

A 365-day notice period requires the landlord to notify the tenant of non-renewal before the lease expires

by

Reading time: < 1 MinuteThe General Real Estate Authority announced a regulation requiring owners of residential properties in Riyadh to notify tenants 365 days before the lease expires if the landlord intends not to renew the lease because they wish to use the property for personal purposes. The Authority explained that the measure aims to promote stability in the residential rental market by giving tenants sufficient time to make arrangements … Read more

4 Real Estate Opportunities at the «Riyadh Destinations» Auction»

by
Riyadh Destinations Auction_

Reading time: < 1 MinuteZ Real Estate Auctions, under the supervision of the Enforcement and Liquidation Center «Enfaذ,» announced that it will hold the «Riyadh Destinations» online auction will be held from Saturday, July 11, 2026, through Tuesday, July 14, 2026, via the Somtek auction platform, to offer four distinctive real estate opportunities in the city of Riyadh and the provinces of Diriyah and Harimla.The auction features a diverse portfolio of real estate assets, including two undeveloped plots of land in … Read more

The Saudi Contractors Authority Launches «Youth Skills Week in the Construction Sector»

by
Saudi Contractors Authority

Reading time: < 1 MinuteThe Saudi Contractors Authority launched the “Youth Skills Week in the Construction Sector,“ through a series of free training workshops held at the Authority’s academy, with the aim of empowering young people, developing their skills, and enhancing their readiness for the construction sector job market. The initiative, which coincides with International Youth Skills Day on July 15 of each year, includes five … Read more

«The Real Estate Authority Clarifies Taxes and Fees on Real Estate Owned by Non-Saudis

by
Public Authority for Real Estate logo

Reading time: < 1 MinuteThe official spokesperson for the General Real Estate Authority confirmed that the real estate transaction tax is applied at a rate of 5% to all real estate transactions, whether involving citizens or non-Saudis, in various cities across the Kingdom.He explained that non-Saudis are subject to an additional fee of 2% when conducting real estate transactions, such as sales, if the properties are located within the specified geographic areas in the cities of Riyadh, Jeddah, and Mecca … Read more

© 2026 Amlak Real Estate Newspaper | All rights reserved.