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Kuwait allows banks to offer mortgages for the first time

Reading time: < 1 Minuteأكملت الكويت ترتيباتها للسماح للمصارف بتقديم الرهون العقارية لأول مرة، في خطوة قد تعيد تشكيل المشهد المالي في الدولة. ويتوقع أن يوافق مجلس الوزراء قريبا ... Read more

A move that could open up a $65 billion market and increase banks' loan portfolio by about 40%

16/04/2025

Kuwait - Kuwait Mortgages

Cabinet grants the Ministry of Municipalities and Housing the authority to sell housing units to non-housing subsidy beneficiaries

The council agreed in Jeddah during a session chaired by the crown prince, with controls in coordination with the relevant authorities

Cadastre

Real Estate Registry wins Local Content Excellence Award in the private sector track

It won first place in the public services track with 78.05% local content during a ceremony sponsored by the Minister of Industry in Riyadh.

Zakat, Tax and Customs Authority

«Zakat» invites organizations to submit tax withholding forms for the month of April

Businesses are reminded to submit the forms via the Authority's website before May 11 to avoid the 1% late penalty every 30 days.

Residential program

Taif Governor meets Deputy Governor of the Public Authority for State Properties and learns about its goals and projects

استعرضا برامج ومشروعات الهيئة وآليات حماية وتنظيم واستثمار عقارات الدولة وتعزيز التعاون مع الجهات بالمحافظة

Launching the Occupational Safety and Health Standards Guide to promote safe and sustainable work environments

A directory of more than 4,500 standards for six sectors to support compliance, productivity and sustainability in business environments.

Off-plan real estate projects

Real Estate Authority receives 666 reports and monitors a number of violations during the past month

أجرت الهيئة ووزارة الموارد البشرية 18 جولة رقابية وزارت 237 منشأة وعاينت أكثر من 5,236 إعلانًا إلكترونيًا

Shop - VAT

180 days to regularize the status of tax groups registered with the Zakat Commission«

The Zakat Commission gives representatives of tax groups 180 days to regularize their status under the amendments to Article 10.

Public Authority for Real Estate logo - Regulatory Tours

General Real Estate Authority issues more than 7875 thousand licenses during the first quarter

KDIPA issued more than 7,875 licenses and documented 96,000 brokerage contracts with a growth of 97% in Q1 2025

Public Authority for Real Estate logo - Regulatory Tours

Public Authority for Real Estate conducts 18 rounds of inspections during April

The tours included visiting 237 real estate establishments, detecting violations, receiving 666 reports, and carrying out 15,443 audits.

White Land Fees Program

What are the most important effects of the new amendments to the white land fee system on the real estate supply

The amendments impose fees on vacant properties up to 10% and expand the scope of application to increase supply and improve land utilization.

White Land Fees Program

Al-Haqeel: Amendments to the White Land Fees Law are an important step in providing real estate supply

The amendments impose fees of up to 10% on vacant properties within the urban area and are implemented according to standardized regulations.

Cabinet of Ministers

Cabinet approves updated organizational structure and manual for the Ministry of Investment

It also approved the amendment of the White Land Fees Law, and the Council celebrated the realization of Vision 2030 by 93% and the Crown Prince's donation of one billion riyals.

Real Estate Authority spokesperson enumerates the most common violations committed without awareness in the real estate market

المفرج يحذر من تقديم توصيات عقارية من غير مؤهلين وتأثيرها السلبي على قرارات المستهلكين

Al-Haqeel

Al-Haqeel: New decisions on white land fees to be issued soon

He also revealed a new rental system to protect rights and calm Riyadh's prices, as the real estate sector jumps to 850 billion

Al-Haqeel

Government press conference to host ministers of information, municipalities and housing

Today at 4:00 pm, a discussion on Vision 2030, the direction of municipalities, housing, and the impact of real estate decisions will be broadcast live.

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