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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
Public Authority for Real Estate

Details... New mechanism to regulate the real estate market with rewards for reporting rent violations

The regulations grant rewards of up to 20% of fines to eligible whistleblowers, based on strict criteria for evaluating reports.

Ministry of Municipalities and Housing

In detail... Draft executive regulations for vacant property fees to regulate the real estate market

Ministry of Municipalities launches draft vacant property fees regulation to solicit feedback in preparation for regulating the market and increasing real estate supply

The contracting market in March Government projects rise 457% and the construction sector leads with SAR 15.5 billion

A jump in the awarding of government projects in Saudi Arabia during March 2026, with the construction sector dominating and Riyadh leading in investment

Zakat, Tax and Customs Authority

«Zatca invites businesses to submit tax withholding forms for the month of March

KDIPA sets April 10 deadline for submitting March 2026 withholding forms and warns of an 1% fine for each month of delay

White Land Fees Program

Infographic: Criteria for assessing the value of land subject to white land fees

The program links the assessment of fees to market value, location criteria, services, and terrain, and is gradually implemented through three regulatory phases

Ministry of Human Resources logo

«Human Resources» announces the update of the localization of 69 new administrative professions in the private sector. Details

Modernization includes localization of 69 supportive administrative professions by 100% in the private sector starting April 2026 with incentives and support for enterprises

Real Estate Registration Authority Logo

Infographic: What data should be included in real estate brokerage contracts?

Public Authority for Real Estate outlines in an infographic the most important mandatory data in brokerage contracts to ensure the preservation of customer rights

Public Authority for Real Estate logo

Real Estate Authority receives 1,045 reports through its various channels last month

16 monitoring tours, 10,000 field audits, and 10,000 electronic scans to control real estate brokerage violations and process 1,045 reports during March

Evaluation Logo - Saudi Organization for Certified Valuers

Saudi Commission for Accredited Valuers launches quality measurement model for real estate appraisal reports

A new tool to measure the quality of real estate appraisal reports to increase the efficiency of professional practice and enhance the reliability of reports and the confidence of beneficiaries

Zakat, Tax and Income Tax Authority - Exemption from financial penalties

Excise Tax establishments invited to submit their declarations for January and February

KDIPA sets March 31, 2026 deadline for filing excise tax returns and warns of late payment penalties

Infographic: Steps to submit a real estate sorting request and follow up on its status

The General Authority for Real Estate clarifies through Aqari platform the cases of requesting real estate sorting and re-sorting and the steps to apply and follow up electronically

-Residential -Projects -Real Estate

In detail... «Ejar» clarifies the mechanism of transferring property ownership without canceling contracts

The new owner can take advantage of the change of landlord service. All active and registered contracts are automatically transferred electronically

Real estate registration period ends in 4 regions of the Kingdom Tomorrow, Thursday

Deadline for in-kind registration of 533,672 pieces of real estate to document ownership and ensure the sustainability of the sector

Infographic: Steps to Query Landlord Association Data

An e-service from «Real Estate» to verify the regularity of owners' associations and their financial and administrative data before paying fees or during disputes

Public Authority for Real Estate logo

5 Objectives of the obligation to notarize real estate brokerage contracts

The General Authority for Real Estate clarifies the objectives of documenting brokerage contracts to enhance transparency, protect customers, and support the sustainability of the real estate market

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