Cabinet Approves the Dissolution of the Jazan Mountainous Regions Development and Reconstruction Authority

Reading time: < 1 MinuteThe Council of Ministers, chaired by the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, approved the dissolution of the Jazan Mountainous Regions Development and Reconstruction Authority during its session held today, Tuesday, in Jeddah. According to the Saudi Press Agency, the Council decided to transfer the Authority’s responsibilities to the Strategic Office for the Development of the Jazan Region and the Ministry of Environment, Water, and Agriculture, as part of a redistribution of responsibilities related to the development of … Read more

«Ministry of Commerce Warns Businesses About Fake Data-Collection Platforms

Ministry of Commerce - Saudi Companies

Reading time: < 1 MinuteThe Ministry of Commerce has warned commercial entities—including companies and institutions—against sharing or uploading their commercial, personal, and financial data through untrusted websites and online platforms that claim to store the entities’ digital identities, and lack legal standing, making it difficult to verify the purposes of data collection and the mechanisms for storing and protecting it. The Ministry emphasized the importance of not providing any untrusted entity with data, including commercial records, … Read more

Next Thursday... Registration of 204 real estate parcels in the Makkah and Eastern regions will be completed

Reading time: < 1 MinuteThe General Real Estate Authority announced, as the deadline for the initial registration of real estate for (142) real estate parcels in (12) neighborhoods in the Makkah Region—including (10) neighborhoods in the city of Makkah and two neighborhoods in the Jeddah Governorate— while the initial real estate registration process for (62) parcels in one neighborhood in the Eastern Province will conclude by the end of Thursday, 30 Safar 1448 AH, corresponding to … Read more

Surveys: Following Recent Decisions... Where Is the Real Estate Investment Trend in Riyadh Heading?

Riyadh Investment Survey

Reading time: 3 MinutesThe real estate investment landscape in Riyadh is undergoing a fundamental shift toward maturity and institutional efficiency, driven by recent regulatory decisions and major urban developments. This shift is enhancing the appeal of income-generating assets and projects linked to modern transportation networks, opening up promising prospects for investors seeking sustainable returns and real added value in the capital. Suleiman Al-Omari: Opportunities in Riyadh will be in project areas … Read more

10.96 billion riyals in revenue for 14 Saudi real estate companies in the first half of 2026

Reading time: 2 MinutesThe financial results announced by 14 real estate development companies listed on the Saudi Stock Exchange revealed strong performance during the first half of 2026, with the sector’s activities continuing to diversify across real estate development, shopping center management, hospitality, and investment assets.Total revenue and sales for the companies that reported their results amounted to approximately 10.96 billion riyals, while operating profits totaled nearly 3.98 billion riyals, … Read more

The Heritage Authority Registers 9,586 Assets in the National Register of Architectural Heritage

Reading time: < 1 MinuteThe Heritage Authority announced the registration of (9,586) architectural heritage assets in the National Register of Architectural Heritage in two consecutive phases. The first phase involved the registration of (3,000) assets, followed by the registration of an additional 6,586 assets, bringing the total number of registered assets across the Kingdom’s various regions to 59,586, as part of the Authority’s ongoing efforts to inventory, document, and classify architectural heritage assets, as well as to strengthen their protection and preservation.The registered assets were distributed … Read more

«The »Real Estate Unit Classification Program” offers four integrated services to support the real estate sector

Reading time: < 1 MinuteThe General Real Estate Authority explained that the Real Estate Unit Classification Program is an integrated real estate service that supports various stages of the real estate journey, within a single system that offers a range of services related to the classification of real estate units. The system includes electronic screening, which allows screening procedures to be carried out electronically, as well as re-screening as one of the services available within the program. The services also include premium screening, in addition to … Read more

The Al-Hanakiyah (1) Solar Power Plant in Medina is capable of supplying electricity to 190,000 homes annually

Reading time: < 1 MinuteThe Al-Hanakiyah (1) Solar Photovoltaic Power Plant is one of the projects under the National Renewable Energy Program, which is overseen by the Ministry of Energy. The project has a capacity of 1,100 megawatts, enough to supply approximately 190,000 homes with electricity annually. The plant, which began operations in the summer of 2025, is located south of Al-Hanakiyah Governorate in the Madinah region, and the feed-in tariff for the electricity it produces is … Read more

Deputy Governor of Riyadh and Deputy Governor of the Emirate Review Efforts to Regulate the Real Estate Sector in the Region

Reading time: < 1 MinuteHis Royal Highness Prince Mohammed bin Abdulrahman bin Abdulaziz, Deputy Governor of the Riyadh Region, received today at his office in Al-Hukm Palace the CEO of the General Real Estate Authority, Engineer Abdullah bin Saud Al-Hammad, and a number of the Authority’s senior officials.During the meeting, His Royal Highness was briefed on the Authority’s most prominent programs and initiatives, as well as its efforts to regulate and oversee non-governmental real estate activity, thereby contributing to the development of the sector … Read more

Here are the details... Applications for the second year of the Real Estate Balance Program will begin to be accepted next Sunday

Royal Commission Riyadh - Real Estate Balance

Reading time: 2 MinutesIn accordance with the directives of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Prime Minister, and Chairman of the Board of Directors of the Royal Commission for Riyadh City—may God protect him—to take the necessary measures to achieve balance in the real estate sector in Riyadh, the Royal Commission for Riyadh has announced the start date for accepting applications for the second year of the Real Estate Balance Program, beginning at … Read more