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“Zakat invites taxpayers to take advantage of the initiative to cancel fines and exempt from financial penalties

Reading time: < 1 Minuteدعت هيئة الزكاة والضريبة والجمارك جميع المكلفين الخاضعين للأنظمة الضريبية إلى المسارعة للاستفادة من مبادرة “إلغاء الغرامات والإعفاء من العقوبات المالية”، التي تنتهي في 30 ... Read more

Expires June 30, 2025; requires taxpayer registration, filing of returns, and payment of principal; does not include evasion penalties.

03/02/2025

Zakat, Tax and Customs Authority
Residential program

“Statistics”: Industrial Production Index rose by 6.5% in July

Authority: Sub-indices are up - Manufacturing +7%, Mining +6.5%, Oil +7.8%, Water +8.5%.

Residential program

The Real Estate Fund and First Bank sign an agreement to offer exclusive offers to housing subsidy beneficiaries

It offers competitive financing up to 2.99% and down payment support up to SAR 150k.

Dr.. Dr. Hamoud Al-Faleh 2

«Real Estate Brokerage. Facing Confidence Challenges

Since the 2023 system, more than 96,000 contracts have been documented, but fostering trust and competencies remains a challenge.

Public Authority for State Properties

State Real Estate Authority offers 11 investment opportunities with terms of up to 25 years

The competition is public through the "Forooz" portal and manual application at the Authority's headquarters in Riyadh, with investment periods of up to 25 years.

Saudi Central Bank

Real estate loans in Saudi Arabia to jump to SAR 932.8 billion by the end of Q2 2025

15% year-on-year growth; retail loans 76% at 711.6 billion, corporate loans jump 26% to 221.2 billion

Khalid al-Habshan

Real estate tokenization in Saudi Arabia: Innovative legislation and a promising economic role

Legislation and regulatory measures pave the way to digitize real estate ownership and expand liquidity and financing access for investors

5 real estate opportunities in a valuable auction

Hybrid Auction September 8, 2025 in Riyadh is sponsored by the Enforcement and Liquidation Center and offers five strategic properties.

Territory

The most important questions related to the implementation of white land fees and their answers

The ministry clarifies fee mechanisms, tranches up to 10%, deadlines, ranges, and exceptions for owners and developers.

Residential program

Enforcement Center oversees 99 auctions to sell 791 assets during the first half of September

In-person and online auctions for real estate, land and movable property in the Kingdom's regions; details and conditions of participation via the Enforcing website.

SAR 185 million in real estate financing from finance companies by the end of July

Monthly rise of 9.4% in July as apartment financing grew and villas and land fell by an annualized 4%.

6.42 billion riyals of real estate financing from banks to individuals by the end of July

Monthly rise of 20.6% supported by villa and apartment loans, while land financing declined and total financing fell year-on-year by 9.2%.

Saudi Arabia's real estate sector is on the cusp of a new boom after new regulations

Implementation of foreign ownership rules from January 2026 boosts demand and investment and supports rising real estate prices

123.8 billion riyals of real estate deals in the first half. Medina leads and Riyadh lags

Medina recorded strong growth in transactions while Riyadh's transaction volume declined and prices continued to rise.

In the presence of His Highness the Amir of Riyadh NHC launches “Al-Ruba” destination in the east of the capital

The destination includes more than 9,000 units on an area of 5.7 million square meters and more than 800,000 meters of gardens.

Al-Haqeel

Al-Haqeel: 180 billion riyals the size of the local market for facilities management last year

International Utilities 2025 Conference and Exhibition kicks off in Riyadh with more than 100 participants and a focus on digital transformation and sustainability

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