Month: August 2026

6.1 billion riyals in new real estate financing for individuals in July

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Real Estate Loans - Finance - Financing - SAR 500

Reading time: 2 MinutesNew residential real estate financing provided to individuals in Saudi Arabia saw an improvement during July 2026, driven by an increase in funding provided by banks and financing companies on a monthly basis, while data revealed continued annual decline in bank financing against strong growth in financing for financing companies. According to the monthly statistical bulletin issued by the Saudi Central Bank, the total funding reached … Read more

Minister of Communications: With the support of the leadership, the Kingdom is leading the era of artificial intelligence, with citizens and residents at the center of its technological aspirations

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Reading time: 3 MinutesHis Excellency the Minister of Communications and Information Technology Engineer Abdullah bin Amer Al Suwaaha affirmed that the unlimited support and empowerment from King Salman bin Abdulaziz Al Saud, the Custodian of the Two Holy Mosques, and His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, the Crown Prince and Prime Minister – may Allah protect them – contributed to building an inspiring Saudi success story in technology and the digital … Read more

«LEP 2026» Kicks Off Today in Riyadh... Previous Editions Attracted $44.2 Billion in Investments

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Reading time: 4 MinutesRiyadh opens today a new page in the journey of the «Lib 2026» conference, with the launch of the fifth edition of the global technical conference, which has transformed over the past few years from a specialized event in the technology sector into an international platform that brings together major technology companies, investors, innovators, and entrepreneurs, and connects investment opportunities with the latest innovations that shape the digital economy. The fifth edition of the conference is being held under the theme "The Future of the Digital Economy," and it will be … Read more

In Pictures | «Big 5 Construct Saudi 2026» Opens with Broad Participation from the Construction Sector

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Reading time: 2 MinutesThe «Big 5 Construct Saudi 2026» exhibition kicked off today in the Saudi capital, Riyadh, under the patronage of the Ministry of Industry and Mineral Resources, in a four-day event bringing together elite professionals and companies operating in the Kingdom's construction sector. The Riyadh Front Exhibition and Conference Center witnessed the opening of the exhibition's activities in the presence of the Undersecretary of the Ministry of Industry and Mineral Resources for Industrial Services and Compliance, Engineer Fawaz… Read more

«Armaah» Begins Trading Its Shares on the Main Market and Aims to Expand to 50 Clubs by 2030

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Ramah Sports Company

Reading time: 2 MinutesThe listing and trading of Armah Sports Company shares on the Saudi Exchange's main market began today, following the completion of its transition from «Nomu,» the parallel market, in a step representing a new phase in the company's corporate and investment journey. Trading of the share began under the ticker symbol 6022 within the consumer services sector, starting from its last closing price in the parallel market of 55 riyals. The share recorded a performance of… Read more

Documenting Real Estate Transactions Involving Undeveloped Land: Regulations That Protect Rights and Ensure Development

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Reading time: 2 MinutesAs part of efforts to regulate the real estate market and protect the rights of the state and property owners, the decision to document real estate transactions on undeveloped land and vacant properties establishes a clear framework defining what can and cannot be documented, while preserving the state's right to collect fees without hindering land development. What are real estate transactions that transfer ownership? They are legally binding transactions that are documented… Read more

7 million square meters of undeveloped land in the Asir region are set to undergo development

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Reading time: 2 MinutesThe Ministry of Municipalities and Housing announced that the total area of vacant land that has entered development phases in the Asir region reached 7 million square meters, as part of the results of implementing the system of fees on undeveloped land and vacant properties, which aims to stimulate land development and increase the efficiency of land use within urban areas. The ministry clarified that the total area included 1.5 million square meters of land that has been developed, to … Read more

The Ministry of Municipalities and Housing Wins a Silver «Stevie» Award for the «Sanad» Portal»

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District secretariats

Reading time: < 1 MinuteThe Ministry of Municipalities and Housing won the silver award within the Stevie Awards for the Middle East and North Africa 2026, for the “SND” legal services portal, in the category of Excellence in Innovation in Artificial Intelligence Products and Services – Government Sector, as part of its efforts to develop the portal and employ artificial intelligence technologies to enhance the efficiency of government legal work and services. The Stevie Awards are international specialized awards in the field of business … Read more

Visible Shifts in Riyadh’s Apartment Market Following Real Estate Stabilization Measures… Prices Fall 17%

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Riyadh - Riyadh Real Estate - The Capital

Reading time: 5 MinutesThe Riyadh apartment market witnessed notable changes during the period from the first quarter of 2023 to the second quarter of 2026, with the impact of real estate balance decisions on rental rates, sales, and prices emerging, at a time when the market took a different path between products and neighborhoods. According to a report issued by the company «Giad Finance» titled «Changes in the Riyadh apartment market following the decisions … Read more

«Big 5 Construct Saudi» Opens Today in Riyadh with 1,000 Participants from 50 Countries

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Reading time: 4 MinutesThe «Big 5 Construct Saudi 2026» exhibition opens today, Sunday, at the Wafa Riyadh Exhibition and Conference Center, with the participation of more than 1,000 local and international exhibitors representing more than 50 countries, and it will run until September 2 under the auspices of the Ministry of Industry and Mineral Resources, at a time when the Saudi construction sector is witnessing rapid expansion that raises the need for more efficient solutions… Read more

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