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Saudi Arabia's home furnishings market to reach $5.98 billion by 2029, report predicts

Reading time: 2 Minutesكشف تقرير لموقع “موردور إنتليجنس” عن أن حجم سوق الأثاث المنزلي في المملكة العربية السعودية يقدر بمبلغ 4.49 مليار دولار في عام 2024، مشيرًا إلى ... Read more

Saudi Furniture Market to grow at a CAGR of 5.91% through 2029 driven by rising population, urbanization, and expansion of e-commerce.

24/07/2024

Germany develops first 3D map for Global Building Atlas project«

Germany is developing a 3D map of all global buildings to support urban planning and combat climate change.

The benefits of open data Artificial Intelligence is getting into real-time real estate valuation

Artificial intelligence enhances real estate valuation and promotes transparency in the Saudi real estate market.

Residential program

Statistics: Nonprofit sector revenues rise to 73.1 billion riyals with a growth of 22% in 2024

Saudi Arabia's nonprofit sector revenues to rise to SAR 73.1 billion with 22% growth in 2024

Mohammed Al-Batti named one of the most powerful CEOs in the Middle East for 2025

Mohammed Al-Batti tops Forbes' list of the 100 most powerful CEOs in the Middle East for 2025.

Property management market worth $3.865 billion and AI is stepping in to track maintenance

Saudi Arabia's property management market grows to USD 3.865 billion amid the adoption of AI in maintenance.

Residential platform

Sakany launches Rental Behavior Index to enhance transparency and quality of real estate transactions

Launching the Rental Behavior Index to enhance transparency and quality of transactions in the Kingdom's real estate rental market.

Royal Commission Riyadh - Real Estate Balance

Launching the Household Demographic Survey to monitor the reality of Riyadh's population and improve urban planning

Launching the Household Demographic Survey in Riyadh to improve urban planning and quality of life for residents.

Industry, construction and trade driving operating revenue growth in Saudi Arabia See the numbers

Statistics reveal that the Kingdom's operating revenues grew by 3.9% during 2024 compared to the previous year.

Global Proptech Summit 2025 concludes with key recommendations

The Global Proptech Summit 2025 concludes in Riyadh with recommendations to promote innovation in the real estate sector.

President of the Real Estate Authority at the Proptech Summit: The global real estate technology market exceeded $86 billion in 2024

Al-Hammad: AI investments in real estate reached $630 million in 2023 and the Kingdom is starting to attract part of it.

Digitization in the real estate market

Digitization is reshaping real estate management in Saudi Arabia Towards a more transparent and efficient market

Increased real estate documentation 44% and the launch of an electronic registry and real estate indicators to increase transparency and speed up transactions.

General Authority for Statistics

49.2% Saudi labor force participation rate. Unemployment falls to 3.2%

General Authority for Statistics: Q2 2025 bulletin shows 67.1% total participation and gender disparity in unemployment.

installations

Monshaat Monitor Report: 80,000 new business registrations E-commerce growth is impressive

SMEs driving growth: 47% ownership for women, 38% for youth, and educational opportunities exceeding 50 billion riyals

«Statistics»: Non-petroleum exports rise 30.4% in July

The ratio of non-oil commodity exports to imports jumped to 44.6% and the trade balance surplus rose to 53.4%.

Residential Real Estate - Housing Subsidies

VIDEO How do you protect your real estate data from leaks?

Cybersecurity experts recommend updating systems, using firewalls and strong passwords, and checking links to protect real estate data

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