Blog

05/11/2024

Shura Council discusses the annual report of the Real Estate Fund amid calls to reduce the prices of housing products

Council members suggested Aramco-like housing programs, incentives for retirees and the use of artificial intelligence for market forecasting

05/11/2024

Ministry of Municipalities and Housing organizes GCC standardized classification workshop for contractors

A workshop in Riyadh attended by the General Secretariat and representatives of the Gulf countries to discuss the development of a guide and mechanisms for the unified classification of contractors.

Dr.. Dr. Moans Shujaa writes about: Teamwork and Startups

04/11/2024

Executive or ownership management for family businesses

The separation of management and ownership strengthens governance, increases investor confidence, and ensures the sustainability and expansion of family businesses.

02/11/2024

Determining the selection criterion for Group 17 to implement the “connect and integrate” phase of e-invoicing

The group includes establishments whose taxable income exceeded SAR 2.5 million in 2022 or 2023.

31/10/2024

Violations detected and reports received “Real Estate Authority” conducts 15 rounds of monitoring to ensure compliance during October

KDIPA visited 192 establishments, monitored 764 advertisements and received 271 reports during October

31/10/2024

Survey on modifying the compensation mechanism for expropriated property appraisers

KDIPA invites participation until November 11 to propose a mechanism to distribute fixed bonuses and assignment compensation according to clear criteria

30/10/2024

Real Estate Authority official reveals how emerging technology is shaping the future of proptech What is it?

The General Real Estate Authority launches the Saudi Proptech Center and four initiatives to promote innovation and attract investment in real estate technologies.

30/10/2024

Shura Council approves the amendment of the Saudi Building Code Implementation Law

Replace the "National Committee" with the Saudi Building Code Center and amend the text to make the Minister of Municipalities and Housing the Chairman of the Board of Directors of the Authority.

29/10/2024

Requirements for obtaining the premium sorting service from the Real Estate Authority and the application mechanism

KDIPA clarifies the documents (electronic deed, license, meters, AutoCAD plan) and the steps for automated submission through an accredited engineering office.

28/10/2024

New initiative: Real Estate Authority allows real estate tech companies and innovators to test their products

KDIPA launches a pilot regulatory environment to enable proptech companies to test their technologies and develop regulatory frameworks.

28/10/2024

Land Registry signs 3 agreements at Proptech Summit to empower real estate tech companies

Agreements allow Proptech companies to access trusted data via API and support sandbox initiatives

23/10/2024

In detail... Draft amendments to the rules governing the provision of real estate appraisal services to financial entities

KDIPA invites interested parties to submit comments on amendments regulating real estate appraisal times and procedures and rejection conditions.

Saudi Contractors Authority - Contracting Industry

22/10/2024

E-model contracts. What do you know about them, how to enter into them and how to benefit from them?

Saudi Contractors Authority's e-initiative for ready-to-execute contracts reduces disputes and facilitates contracting for contractors and owners

21/10/2024

Real estate transaction tax exemptions What do they mean for the sector?

Cabinet approves new exemptions to reduce financial burdens on developers and stimulate the growth of the real estate market.

16/10/2024

Exemptions from real estate transaction tax A comprehensive guide for beneficiaries

Detailing the cases and categories of exemptions and their conditions to promote investment and facilitate real estate transactions in Saudi Arabia