Saudi Arabia Requires 115,000 New Homes Annually to Achieve 2030 Homeownership Goal

Knight Frank stated in a recent report that Saudi Arabia may need to construct 115,000 homes annually over the next six years to meet the growing demand from young people and achieve the goals of Saudi Vision 2030 ...

Saudi Arabia Set to Host Largest-Ever Electronic Real Estate Auction

Saudi Arabia is set to host its largest-ever electronic real estate auction, featuring 103 properties across six different areas, Invest-Gate reports.

Monsha’at Introduces Real Estate Innovation Accelerator to Support Startups

The Small and Medium Enterprises General Authority in Saudi Arabia, “Monsha’at,” has unveiled the launch of the Real Estate Innovation Accelerator in collaboration with the Saudi Ministry of Municipalities and Hou ...

Saudi Arabia Partners with Chinese Construction Giant to Build 20,000 Housing Units

The Saudi National Housing Company (NHC) has announced in a statement that it signed an agreement with China State Construction Engineering Corporation (CSCEC) to construct housing units in NHC's suburbs and commu ...

Saudi Shura Council Urges Development of Tools and Incentives for Export Houses Licensing, Boosting Exports

The Saudi Shura Council has requested the Saudi Export Development Authority, in coordination with relevant authorities, to develop criteria for determining priority sub-brands within the "Made in Saudi Arabia" pr ...

Dar Global to Launch Trump Tower in Jeddah

Dar Global Company has announced a partnership with the Trump Organization to launch a prestigious tower project in Jeddah called "Trump Tower Jeddah", Invest-Gate reports.

Real Estate Registration Concludes in 7 Regions in Riyadh, Makkah on August 29th

The Real Estate General Authority (REGA) in Saudi Arabia has announced the commencement of real estate registrations in seven areas, comprising 18 neighborhoods in Riyadh and Makkah, Invest-Gate reports.

Total Housing Support in Saudi Arabia Reaches SAR 59.5 Bn over 7 Years

The Real Estate Development Fund (REDF) in Saudi Arabia has deposited today SAR 978 mn into the accounts of beneficiaries enrolled in the "Sakani" program, which is overseen by the Ministry of Municipal, Rural Aff ...

Saudi Real Estate General Authority Grants Over 11,000 FAL Licenses in Q1 2024

The Saudi Real Estate General Authority issued over 11,000 FAL licenses to individuals and entities during the first quarter of 2024 through its electronic platform, Invest-Gate reports.

Saudi Real Estate Prices Rise 0.6% in Q1 2024

The Real Estate Price Index in Saudi Arabia experienced a 0.6% increase in the first quarter of 2024 compared to the same period in 2023, Invest-Gate reports.

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