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The Saudi Arabian Monetary Authority (SAMA) issues the fifth update of the rules for opening bank accounts and the general rules for their operation

Reading time: 2 Minutesانطلاقاً من جهود مؤسسة النقد العربي السعودي “ساما” الرامية إلى تيسير وتنظيم إجراءات فتح وتشغيل الحسابات البنكية لكافة عملاء البنوك والمصارف، أصدرت “ساما” التحديث الخامس ... Read more

07/07/2019

Saudi Contractors Authority - Contracting Industry

Saudi Contractors Authority and Saudi Green Building Forum sign Memorandum of Understanding

The MoU promotes cooperation to provide training programs, certification and knowledge exchange to support sustainability in the construction sector, under the patronage of the Minister

Public Authority for State Properties

Infographic: New updates to state real estate allocation and recovery regulations

Entities are required to apply through the Entifaat platform and submit a three-year plan and a qualified assessment, with a standing committee and mechanisms to recover the properties.

White Land Fees Program

Infographic: 1113 white land fee invoices issued in Makkah

More than 23 million square meters have been billed and 33,000 square meters of land has been explored within the eighth cycle.

Hisham Al Qasem Real Estate Articles - Real Estate Investment - National Day 95 - Housing Projects Don't buy a property without a consultant - The Journey of Home Ownership

Don't buy real estate without a consultant!

Why you need a real estate agent: Negotiation experience, market knowledge, paperwork management and avoiding costly mistakes when buying a home in Saudi Arabia.

Citizen's account

Adding the lease contract in the Citizen Account Conditions and implementation mechanism

Guidelines for attaching a lease, proof of independence, reporting real estate returns, and data update dates.

Rent - Residential Contracts - Refunds

What does a landlord do if a tenant refuses to pay rent or vacate?

Explain the steps of submitting an executive claim, requesting evacuation, documenting and canceling contracts through the Ejar platform.

Ministry of Municipalities and Housing - Group Housing Requirements

“Municipalities and Housing”: Registration for the Permanent List of Qualified Developers for Regulatory Services Begins

Invitation to apply online within 20 days to select qualified developers to customize 6 types of surveillance services.

Saudi Central Bank

“SAMA issues ”Compliance“ and ”Internal Audit“ principles for real estate finance and refinance companies

SAMA adopts an organizational framework that defines the functions of compliance and internal audit units and establishes the roles of the board of directors and executive management.

Zakat, Tax and Customs Authority

Conditions for adding VAT to commercial rentals

KDIPA clarifies the registration mechanisms, limits and procedures for imposing 15% on shop rentals.

Off-plan real estate projects

Public Authority for Real Estate reviews the progress of the real estate legislation system

The Board reviewed the progress of the real estate legislation system, real estate registration, real estate activity licenses, and the Authority's plans, reports and decisions.

Off-plan real estate projects

Saudi Real Estate Authority Launches Real Estate Technology Accelerator Details

A six-month program that supports real estate tech companies with training, mentorship, and investor connections to boost the sector's contribution to the economy.

Zakat, Tax and Customs Authority

Determining the criteria for selecting the organizations targeted in e-invoicing group 16

Group 16 includes establishments with VATable revenues of more than SAR 3 million in 2022 or 2023.

Public Authority for Real Estate Taysir Al-Mafraj

Public Authority for Real Estate: Unregistered real estate cannot be legally disposed of

Released: Electronic real estate registration is mandatory for sale and rental transactions, and re-registration is done electronically within minutes.

Real estate marketing

How can you check the data on the e-title deed before buying?

Expert Abdullah Al-Otaibi's tips to check the plan, land number, area, deed status, restrictions and property status.

Union of Chambers of Commerce - Real Estate Brokerage System

The Federation of Saudi Chambers issues the first temporary entry book for goods in the Kingdom

The Kingdom becomes the 80th country to implement the ATA Carnet system to facilitate temporary imports and boost the exhibitions and events sector.

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