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In detail... Texts of the Articles of the Executive Regulations of the Contractor Classification System

Reading time: 4 Minutesوافق ماجد بن عبدالله الحقيل وزير الشؤون البلدية والقروية والإسكان، على تعديل اللائحة التنفيذية لنظام تصنيف المقاولين، لتحل هذه اللائحة محل اللائحة التنفيذية لنظام تصنيف ... Read more

Ministry adopts new regulation specifying the requirements, procedures and issuance of contractor classification certificates electronically

07/01/2024

Who is a real estate developer?

Infographic: The conditions to benefit from the Affordable Mortgage Program after its 3-year extension

The Real Estate Development Fund reduces the down payment to 5% for housing subsidy beneficiaries on units up to SAR 800K

Residential program

Ministry of Industry processes 601 applications for customs exemption last month

During June 2025, 601 requests were processed, including 1,722 items of raw materials and 13,765 items of machinery and spare parts.

Tayssir al-Mafraj: 8 million real estate transactions in a year. Brokerage is turning into a promising industry

More than 86,000 brokers and 75 licensed platforms support a real estate market with a transaction value of more than 1.2 trillion riyals.

Residential program

Enforcement Center oversees 74 auctions to sell 719 assets in 12 regions

Public auctions to be held between July 21 and 31, 2025 for 719 assets in 12 regions, details on the enforcement website

Saudi Central Bank

Banks and finance companies provide SAR 950 billion in real estate loans by the end of the first quarter

Mortgage loans recorded an annualized growth of 15% by the end of Q1 2025, with banks accounting for 97% and individuals for 76%.

How does the 3-year extension affect the real estate market?

It enables beneficiaries to finance up to 95% and reduce the payment to 5%, benefiting more than 114,000 citizens.

Majid Al-Hogail - Off-plan Real Estate Sale and Leasing System

Al-Haqeel: Mortgage program eases down payment burden on housing subsidy beneficiaries

Cabinet approves a three-year extension of the Affordable Mortgage Program; Al-Haqeel thanks the leadership, and opened the doors of stability for more than 114,638 families.

Real Estate Development Fund - Your Subsidy Equals Your Installment - Direct Lending

“Real Estate Fund: Extension of the ”Easy Mortgage“ program supports beneficiaries” ownership of their first home

Reducing the down payment to 5% and financing up to 95% for units up to SAR 800,000, and more than 114638 citizens benefited.

Abdullah bin Falwan- 95th National Day

Real estate investment. Between market expansion and legislative maturity

An expanding Saudi real estate market with mature legislation that promotes transparency and regulation and targets planned and thoughtful investments.

The second edition of the 2025 Real Estate Brokerage Forum kicks off on July 20

July 20 in Riyadh: Forum and exhibition to discuss system updates, the role of brokers and opportunities to empower the real estate sector

Al-Haqeel

Al-Haqeel: Non-Saudis owning real estate will help attract investments and develop the real estate sector

The updated system defines the ranges of non-Saudi ownership and aims to attract investment and develop the market, and the executive regulations will be issued within 180 days.

Off-plan real estate projects

After its launch. What do you know about the Real Estate Excellence Award?

A national initiative to recognize innovative real estate projects and promote competitiveness in partnership with FIABCI.

Association of Real Estate Brokers

The Cooperative Association of Real Estate Brokers and Marketers organizes a workshop in conjunction with the International Day of Cooperatives

An introductory workshop at Joud Business Headquarters in Al Yasmeen neighborhood to define the association's objectives and empower brokers in conjunction with the International Day of Cooperatives.

What are the top 4 tips to avoid mortgage risk?

Expert Nabil Al Mubarak warns against mortgage borrowing for young people in Riyadh and advises that the installment should not exceed 45% of the salary.

Real estate marketing

For prospective buyers Important tips to protect your real estate investment

Matar Al-Shammari warns against emptying the property before making sure there is electricity and water and that there are no violations preventing the connection.

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