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“Trade”: 44 establishments referred to the Public Prosecution for organizing competitions and discounts without a license

Reading time: < 1 Minuteضبطت وزارة التجارة 44 منشأة تجارية نظمت عروضاً لمسابقات وتخفيضات دون الحصول على ترخيص وأحالتها إلى النيابة العامة لاستكمال تطبيق العقوبات النظامية وفقاً لأحكام نظام ... Read more

A warning to establishments and online stores that they must obtain a license or face prison sentences and fines of up to one million riyals.

18/09/2024

Ministry of Commerce - Saudi Companies
Residential program

Al-Hogail: 11,000 development projects led by the ministry US partnerships to support smart cities

Ministry of Municipalities and Housing spearheads thousands of projects across 300 municipalities and aims to raise the homeownership rate to 70% by 2030

Residential program

The Federation of Saudi Chambers and the Saudi American Business Council agree on a joint action plan

They discussed ways to enhance trade and investment cooperation and facilitate communication between companies, targeting the mining, renewable energy and technology sectors.

In pictures... H.H. the Crown Prince takes the US President on a tour of the historic Al-Tarif neighborhood in Diriyah

The visit included a folk art show, a commemorative photo in front of Salwa Palace, and a review of the Diriyah project.

Citizen's account

Citizen Account deposits 3 billion riyals to beneficiaries of the May installment

The 90th installment included 9.9 million beneficiaries with an average family support of SAR 1,474 and total payments since launch of SAR 241 billion

Ahmed Megahed - Real Estate Finance

Real Estate Finance The Unbeatable Activity

Saudi real estate finance is witnessing a technical and organized growth, supporting Vision 2030 and is expected to reach about five trillion riyals.

Residential program

Today. Riyadh to host the first edition of the Arab-European Cities Dialogue Forum

The event runs until May 13, with municipal leaders and international organizations participating to discuss the challenges of urban development.

Discussions. Real estate legislation and its role in the sustainability of the real estate sector in Saudi Arabia

Prince Waleed leads a conversation at Jeddah Restatex and announces the launch of the Emaar Developers Association with more than 200 companies.

Water consumption. How does it affect the world's economies?

Water consumption determines the growth of agriculture and industry, guides corporate investment and the distribution of the global population.

File - Investing in Emerging Neighborhood Services A feasibility study Or imitation and mimicry?

Experts stress the dangers of investing in luxury projects in emerging neighborhoods and call for feasibility studies and a focus on basic services for residents

Vision 2030 Nine years of historic transformation and unprecedented achievements

Report 2024: 85% of initiatives are either completed or on track, and the number of tourists has surpassed 100 million visitors.

Real estate transformation in the Kingdom: Investment opportunities backed by a vision for the future

Regulatory developments and mega projects boost real estate investment opportunities and increase ownership rates in Saudi Arabia.

Residential program

President of the National Housing Authority: Agreements worth SAR 21 billion to localize real estate supply chains and create thousands of jobs

The agreements aim to localize real estate supply chains, promote innovation and safety, and create thousands of local jobs.

Minister of Industry and Mineral Resources Bandar bin Ibrahim Al-Khorayef

Minister of Industry and Mineral Resources begins official visit to France to promote cooperation between the two countries

The visit aims to expand industrial and mining cooperation, attract quality investments and solidify partnerships in aviation and food.

Abdulaziz Al-Issa - Third Amlak Centennial - Lifting the land moratorium - Saudi Media - Vision 2030

Reading the Vision 2030 report. Indicators and Initiatives Drive Achievements

The report records 85% initiatives completed or on track and 93% Vision 2030 indicators have achieved their interim targets.

Real Estate - White Land Fees

Amendments: Raising the upper limit of the annual white land fee percentage not to exceed (10%) of the value of the property

The amendments include setting a minimum threshold of 5,000 m², covering vacant properties with fees of up to 5%, and issuing a regulation within 90 days.

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