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In detail... Full text of the Executive Regulations of the Municipal Licensing Procedures System

Reading time: 16 Minutesكشفت جريدة أم القرى، عن موافقة وزير الشؤون البلدية والقروية والإسكان، ماجد الحقيل، على اعتماد اللائحة التنفيذية لنظام إجراءات التراخيص البلدية، والتي تحلّ محل اللائحة ... Read more

Adopting the new executive regulations for municipal licenses, canceling conflicting provisions, and taking effect from publication.

02/03/2024

Saudi Arabia Foreign Investment
Leap Conference

LEAP 25 sees SAR 7.5 billion in investments on the second day of the conference

The first day revealed USD 14.9 bn in investments, data center projects, and advanced digital infrastructure.

Residential program

Citizen Account deposits 3.1 billion riyals to beneficiaries of the February payment

More than 10 million beneficiaries have met the criteria; total payments since launch are SR 232 billion and the average family support is SR 1,477.

Real estate expert Mutair Al-Shammari - Land Selection

The government's Sukuk product, what are its main features and how to buy it?

Government-backed Sukuk offers security and stable returns, with easy online purchase steps

2.9 trillion riyals of cash in Saudi Arabia by the end of 2024

SAMA: Liquidity increased 8.8% over 2024 as time, savings, and demand deposits rose.

LEAP 2025

Investments and strategic partnerships worth $14.9 billion on the first day of LEAP 2025

Global investment announcements in infrastructure and AI from major companies to promote Saudi Arabia as a tech hub.

Real estate stock exchange

The real estate bourse. SAR 1.4 bn worth of transactions in Tuesday's trading

1,529 transactions with a traded area of 11.7 million m², with the highest price of 19.4 thousand SAR per meter and an average of 125 SAR.

The real estate market in 24 hours. Here are the most important indicators and transactions

The index stood at 10,284.7 points with 1,633 transactions worth SAR 1.33 billion during 24 hours with a change rate of 0.73%.

Riyadh city

96.2 million riyals in real estate transactions in 24 hours

The market recorded 146 transactions with a traded area of 84,142 m² with an average price per meter of SAR 1,144 and a high of SAR 14,761

NHC plans to take some of its companies public

NHC Innovation operates 10 platforms with 20 mn customers per year, and the company has achieved record sales and is targeting 140k units.

Eid bin Rajeh - TikTok

Implementation by TikTok or billboards

The use of short-form content platforms and third-party advertising dominates licensed apps and affects pricing and market confidence.

Real estate stock exchange

8 billion riyals in real estate transactions in a week

The market executed 7187 transactions during the week with a traded area of about 31 million square meters and large price differences.

Mohammed Al-Jadaan - Minister of Finance

Minister of Finance: Return on invested assets reaches $200 per dollar

Al-Jadaan emphasizes commitment to reforms and highlights the role of spending efficiency in attracting private investment to emerging markets

Infographic: Liquidity grows in a year by more than 275 billion riyals by the end of November 2024

Liquidity level of SAR 2,945,656 million by the end of November 2024, annual growth of 10.3%.

Public Investment Fund

Public Investment Fund acquires 23.08% of Re's shares“

New shares were subscribed to increase the company's capital and suspend the right of first refusal to support its growth and enhance premium retention within the Kingdom.

International Monetary Fund Riyadh office market

The real estate bourse in a week ... 6329 transactions with transactions exceeding 7 billion riyals

Trading about 26 million square meters, the average price per meter is 271 riyals, and the platform exceeds one million users.

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