Aljada Al Awwal Real Estate Development Company revealed the latest developments in its business and managed projects for the third quarter of 2026, explaining strategic developments that included raising the company’s capital to 300 million riyals, and the growth of the portfolio of projects under management to exceed 6 billion riyals.This disclosure comes within the framework of the company’s policy to enhance transparency and inform shareholders about the financial and operational performance, coinciding with the achievement of a net profit of SAR 10.6 million during the first half of this year.This latest increase of 46.3% was achieved through the capitalization of the issuance premium, which resulted in the granting of free shares to shareholders of 9 shares per 20 shares…
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The Saudi-Pakistani Property Exhibition 2026 was launched in Lahore, the capital of Punjab province, under the slogan “Own or Invest in Saudi Arabia”, with the participation of Saudi real estate companies and developers, with the aim of introducing investment opportunities in the Kingdom and enhancing communication between Saudi developers and Pakistani investors, according to the Saudi Press Agency (SPA).It is noteworthy that the exhibition will be held from 21 to 23 October, and is organized by the Saudi-Pakistani Business Council, in coordination with the Kingdom's Embassy in Pakistan, represented by the Commercial Attaché, the Pakistan Investment Facilitation Council, and the Punjab Regional Government. The Saudi delegation is headed by Prince Mansour bin Mohammed,…
The Saudi General Authority for Real Estate will participate in the Saudi-Pakistani Property Exhibition, which will be hosted by the Pakistani city of Lahore from 21 to 23 October 2026, with the aim of introducing the real estate regulations and legislation in the Kingdom, foremost of which is the updated system of non-Saudi ownership of the property and the investment opportunities it offers to foreign investors.The exhibition is organized by the Saudi-Pakistani Business Council, with the participation of a number of real estate developers and investors, as part of the definition of the opportunities available in the Saudi real estate sector. The General Authority for Real Estate, through its pavilion at the exhibition, will review the most prominent regulatory and legislative…
The National Housing Company (NHC), owned by the Saudi Ministry of Municipalities and Housing, revealed that the completion rate of infrastructure works in the destination of Tabuk Hills exceeded 50%, as part of the continuation of development and implementation work, which includes basic service networks and public utilities, thus enhancing the readiness of the destination and contributing to the provision of an integrated urban environment, according to the newspaper "Mal".NHC confirmed that the work included the completion of the implementation of the main lines of the basic service networks, the discharge of rainwater, and the completion of the linkage of flood and water infrastructure services with the relevant authorities, in addition to the completion of the delivery of land…
The Qassim Municipality confirmed the handover of 200 housing units in the Qassim region during the third quarter of this year, as part of the development housing efforts, and in cooperation with the relevant charities, which contributes to enabling the beneficiary families to obtain adequate housing, promote family and social stability, and create a housing environment that supports the quality of life, according to the Saudi Press Agency (SPA). The delivery of the units is part of the efforts of the "Development Housing" to enable the beneficiary families to obtain adequate housing supported by quality of lifeThe official spokesman of the Qassim Municipality, Nayef Al-Nufaii, said that these efforts come as an extension of the role of the Secretariat in supporting…
JLL said that the construction sector in Saudi Arabia is entering a phase of the measured pace of growth during 2026 and 2027.In its new report on the Kingdom’s construction market during the first half of 2026, the company added that after years of record activity, the moderate and stable growth expected during the next phase reflects the maturity of the market and the shift towards sustainable growth in the long term.This growth is the result of recent policy changes, including the modification of the “white land fee” system in Riyadh, which contributes to accelerating the pace of construction work and stimulating the development of previously untapped plots of land, which gives new momentum to the market. Maroun Depp, Head of Project and Development Services for the…
For his part, Engineer Kamal bin Ahmed, CEO of Ratal, said that the project (Ayala Al-Muhammadiya) represents an important step in the strategy of (Ratal) to strengthen its presence in the city of Jeddah, and to provide projects that respond to the transformations in the real estate market and the needs of customers. At Ratal, we focus on developing quality-based residential products and the flexibility of options, giving the high-end villa-seeking customer category a greater role in shaping their homes according to their needs and aspirations.”He pointed out that the opening of the show villas allows customers to view the project and experience its details on the ground, and reflects what we are keen on in "Ratal" to transform our development concepts into tangible products. We…
The Asir Municipality, represented by the Municipality of the Coast, has launched a package of new investment opportunities in the waterfront on the Red Sea coast, including hospitality projects, commercial and residential development and advertising services, as part of its orientations to enhance the participation of the private sector in the investment of municipal assets and the development of tourist and commercial facilities in the coastal centers in the region.Investment opportunities include a project to restore, operate and maintain hotel and tourist chalets on the waterfront, on an area of more than 11 thousand square meters, with the aim of developing tourist accommodation facilities and expanding the options available to visitors, thus enhancing the investment benefit from…
Real estate sales in Saudi Arabia recorded about 235.2 billion riyals during the first nine months of 2026, compared to 419.55 billion riyals during the same period in 2025, a decrease of 43.94%, according to the reports of the General Authority for Real Estate.On the monthly level, the value of real estate sales during September 2026 amounted to about 27.76 billion riyals, compared to 33.59 billion riyals in September 2025, a decrease of 17.36%. Despite this annual decline, the value of sales increased by 13.72% compared to August 2026, which recorded 24.41 billion riyals.The data indicates that the monthly performance during the year varied; July recorded the highest sales value in the first nine months of 2026 at 35.54 billion riyals, while June was the only month that achieved annual…
Hamad Mohammed bin Saidan Real Estate Company, listed on the Saudi market "Tadawul", announced the start of electronic voting on the items of the Ordinary General Assembly meeting (the first meeting), scheduled to be held on the evening of Thursday, October 22, 2026, according to the company's statement on "Tadawul" on Sunday.The electronic voting process began through the trading system starting from 1 a.m. on Sunday, October 18, 2026, and the possibility of voting is scheduled to continue until the end of the time of the General Assembly.The announcement is a reminder to shareholders to participate in making substantive decisions about the company’s future career. The agenda included vital items including the election of a new board of directors, the distribution of cash…
Al-Inma Financial Company, as the director of the Al-Inma REIT Hotel Fund, revealed that the Board of Directors of the Fund approved the proposal to purchase part of the Fund’s exported units up to a maximum of 10.2 million units, representing 10% of the total units of the Fund.This strategic step is an effort by management to take advantage of the current price levels that the Board of Directors deems less than the fair value of the units, while targeting their use in future expansions or resale according to market conditions, according to the company’s statement on “Tadawul” on Sunday.The company said that the Board of Directors’ decision determined the purpose of the purchase to keep the purchased units as treasury units, and these units are to be employed…
The General Authority for Real Estate in Saudi Arabia announced the start of the in-kind registration of the property for 84 thousand and 177 real estate plots in the areas of Riyadh, Qassim, Mecca and Medina, from Sunday, October 18, 2026, until the end of Thursday, January 21, 2027.The new phase includes 34 thousand and 3 real estate plots in the Riyadh region, 25 thousand and 72 pieces in the Qassim region, 12 thousand and 116 pieces in the Mecca region, in addition to 12 thousand and 986 real estate plots in the Medina region. Registration works in Riyadh region include a number of neighborhoods and plans in Al-Budaie, including a plan for 794 and a number of real estate plots34 thousand real estate in RiyadhThe Authority explained that the registration work in the Riyadh…