Month: August 2026

«Al-Haqil» Signs Contract for Waste Collection, Transportation, and Sanitation Services in Al-Qurayyat Governorate and Its Affiliated Villages

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Al-Haqeel

Reading time: < 1 MinuteHis Excellency Majid bin Abdullah Al-Hogail, Minister of Municipalities and Housing, signed a five-year contract for waste collection, transportation, and sanitation services in Al-Qurayyat Governorate and its affiliated villages, with a total value of (115,949,985) riyals, in a move that reflects the Ministry’s commitment to enhancing the efficiency of sanitation operations and improving the quality of municipal services provided to residents and visitors. For his part, the Secretary of Al-Jawf Region, Engineer Atef … Read more

Local content requirements will take effect for 965 products starting in June 2028

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Reading time: < 1 MinuteThe requirement for a minimum local content percentage in the local content certificate at the facility level will take effect for 965 products across 14 sectors on the mandatory list of national products, effective June 1, 2028, according to an announcement by the Local Content and Government Procurement Authority, in a move aimed at promoting local content and improving the efficiency of government procurement. The Authority clarified that the requirement … Read more

The Third Global PropTech Summit Will Be Held This Coming October

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PropTech Real Estate Technology Summit

Reading time: < 1 MinuteUnder the patronage of His Excellency the Minister of Municipalities and Housing and Chairman of the Board of Directors of the General Real Estate Authority, Mr. Majid bin Abdullah Al-Hogail, the General Real Estate Authority will host the third edition of the Global PropTech Summit under the theme «The Era of Smart Systems,» from October 25–26, 2026, at the Mandarin Oriental Al Faisaliah Hotel in Riyadh. The summit builds on the Kingdom’s pioneering role in … Read more

Real Estate Transactions Drop to 2 Billion Riyals Last Week

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Reading time: 2 MinutesThe value of real estate transactions completed in the Kingdom last week fell to approximately 2 billion riyals, a decrease of nearly 3 billion riyals compared to the previous week, despite a 45% drop in the average real estate sale price to 83 riyals per square meter. Data from the Real Estate Exchange showed that more than 3,500 transactions were completed nationwide last week, compared to more than … Read more

Paint Quality: The First Line of Defense in Protecting Buildings from the Harsh Effects of Climate Change

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Reading time: 3 MinutesPaint has evolved from being merely an aesthetic element that gives buildings a modern look to becoming the first line of defense in protecting facades and surfaces from increasing environmental impacts, Given rising temperatures, increased humidity levels, sandstorms, and heavy rains in some regions, the quality of paint has become a decisive factor in extending the lifespan of buildings and reducing maintenance costs, which … Read more

The Saudi Council of Engineers Is Accepting Scientific Papers for the 4th International Engineering Conference 2026

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Reading time: < 1 MinuteThe Saudi Council of Engineers announced that it is now accepting scientific papers for the 4th International Engineering Conference (IECE 2026), which will be held from December 14 to 16, 2026, at the Riyadh Front Exhibition and Convention Center, under the slogan “Shaping the Future and Innovating Solutions.” The Society invited researchers, academics, engineers, and specialists from within and outside the Kingdom to submit their research papers via the designated platform, … Read more

The Land Registry Begins Registering More Than 167,000 Parcels of Land in 5 Regions

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Reading time: 4 MinutesThe Land Registry announced today that it has begun accepting applications for initial registration of (167,352) parcels of land in the regions of Riyadh, Al-Qassim, Tabuk, Ha'il, and Al-Sharqiyah. The neighborhoods benefiting from the Riyadh region include the following neighborhoods in the Al-Bajadiyah Governorate: (Al-Tasa’in Neighborhood, part of Al-Aqishiyah Neighborhood, part of Saqra Neighborhood, part of Al-Zaybah Neighborhood, part of Al-Qasima Neighborhood, part of Saqra Neighborhood … Read more

Mortgage Financing Rises by More Than 700 Million Riyals in the Second Quarter of 2026

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Reading time: < 1 MinuteNew residential mortgage financing provided by banks in Saudi Arabia grew by 4.1% during the second quarter of 2026 compared to the first quarter of the same year, driven by an increase in financing for villas, apartments, and land, while activity remained below the levels recorded a year earlier. The monthly statistical bulletin issued by the Saudi Central Bank showed an increase in total financing … Read more

«Restatex Riyadh» Kicks Off Its 36th Edition in March 2027

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Reading time: 2 MinutesThe 36th edition of the “Restatex Riyadh Real Estate Exhibition 2027“ will take place from March 21 to 24, 2027, at the Riyadh International Convention and Exhibition Center, continuing to cement its position as a real estate platform that brings together decision-makers, developers, investors, and financing entities in one location to showcase the latest real estate and investment projects offered by the Saudi real estate sector. The organization of the upcoming edition reflects the success of … Read more

First Partnership Council: Agreement Between the “Real Estate Authority” and the ”Endowments Authority” to Improve Investment Efficiency

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Reading time: < 1 MinuteIn a move that reflects a commitment to strengthening institutional integration among government agencies, the General Authority for Real Estate and the General Authority for Endowments launched the first partnership council between the two entities, creating a new regulatory framework to coordinate efforts and develop the endowment real estate system, thereby contributing to improving the efficiency of endowment asset management and maximizing their economic and developmental returns. The Partnership Council serves as an institutional platform for governing cooperation between the two parties, from … Read more

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