Business & Money | Thursday 1 January, 2026 9:23 am

The Real Estate Registry (RER) is the “Real Estate Future Partner” for the 5th Edition of the Real Estate Future Forum 2026

The Real Estate Registry has officially announced its participation in the Real Estate Future Forum 2026 as the “Real Estate Future Partner.” The forum will be held from January 26 to 28, 2026, under the auspices of His Excellency the Minister of Municipalities and Housing, Mr. Majed bin...

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Business & Money | Wednesday 31 December, 2025 12:50 pm

Global Media Figure Piers Morgan: I look forward to participating in the Real Estate Future Forum 2026, as it represents a vital platform for the future of global real estate.

For the second consecutive year, British broadcaster and internationally influential media figure Piers Morgan will participate in the fifth edition of the Real Estate Future Forum, convening at a critically important moment as Saudi Arabia undergoes a pivotal transformation in its real estate...

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Business & Money | Wednesday 19 November, 2025 1:28 pm

Partnership between former Prime Minister of the United Kingdom and the Real Estate Future Forum

As part of preparations for the fifth edition of the Real Estate Future Forum, taking place in May 2025, Forum officials met in London with Baroness Theresa May, former Prime Minister of the United Kingdom and member of the House of Lords. The meeting was held during an international tour aimed at...

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Business & Money | Saturday 3 January, 2026 5:45 am

Riyadh Cement signs natural gas conversion contract worth SAR 59.4M

Riyadh Cement Co. signed today, Jan. 1, a contract with Chengdu Design & Research Institute’s branch for the conversion to natural gas under the Liquid Fuel Displacement Program, on an engineering, procurement, and construction (EPC) contract basis.   In a Tadawul statement,...

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Business & Money | Saturday 3 January, 2026 5:33 am

Luberef, Aramco sign MoU to assess base oil plant at Jazan refinery

Saudi Aramco Base Oil Co. (Luberef) said it signed a memorandum of understanding with Saudi Aramcoto explore potential cooperation on developing a base oil production facility at the Jazan Refinery and Petrochemical Complex.   Under the MoU, the parties will assess the feasibility of ...

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Business & Money | Saturday 3 January, 2026 5:28 am

Wafrah says new product lines to start operations in January

Wafrah for Industry and Development Co. said its new spaghetti and nested nidi pasta production lines will start commercial operations in January 2026.   In a statement to Tadawul, the company said the delay in receiving and operating the lines was due to delays in the delivery of...

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Business & Money | Saturday 3 January, 2026 5:26 am

PIF assets rise to $1.

The Public Investment Fund (PIF) ranked fifth among the world’s largest sovereign wealth funds (SWFs), after its net assets amounted to $1.15 trillion, recent data from the SWF Institute showed.   PIF's assets rose by $226 billion from $925 billion by the end of December...

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Government | Saturday 3 January, 2026 5:23 am

Saudi embassy says mutual visa exemption with Russia not yet in force

The Saudi embassy in Russia said the mutual visa exemption agreement between the two countries has not yet entered into force. In a post on X, the embassy said the agreement’s implementation remains subject to the completion of required regulatory procedures between both sides under approved ...

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Business & Money | Saturday 3 January, 2026 5:04 am

Asas Makeen receives SAR 1.65M in idle land tax invoices, plans to appeal

Asas Makeen Development and Investment Co. announced receiving three idle land tax invoices totaling SAR 1.65 million today, Jan. 1, pertaining to land plots located within the designated geographic zones of the White Land Fees System.   These amounts have been recorded as...

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Business & Money | Thursday 1 January, 2026 11:31 am

Tibbiyah inks deal to sell interest in Innovative Healthcare for SAR 52M

Arabian International Healthcare Holding Co. (Tibbiyah) signed, on Dec. 31, 2025, a conditional share purchase agreement to sell its 51% equity interest in Innovative Healthcare Holdings Ltd. for SAR 52 million, implying an equity value of SAR 101.96 million for 100% of the company. In a...

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Government | Thursday 1 January, 2026 11:27 am

Updated law on non-Saudis’ property ownership comes into effect today

The updated law regulating property ownership by non-Saudis in the Kingdom comes into force today, Jan. 1, following approval by the Saudi Cabinet in July 2025. The updated law aims to regulate non-Saudis’ ownership of real estate and the acquisition of real property rights within the...

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Government | Thursday 1 January, 2026 11:25 am

Issuance of white land fee bills begins today in Riyadh

The issuance of white land fee bills for lands subject to the levy in Riyadh began today, Jan. 1.   Landowners may apply for an additional development grace period once the fee is assessed on their land. The additional period is granted upon approval by the competent committee in...

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Business & Money | Thursday 1 January, 2026 11:24 am

Over 60,000 white land fee invoices issued in Riyadh

The Ministry of Municipal, Rural Affairs and Housing, represented by the White Land and Vacant Property Fees Program, announced today, Jan., the issuance of more than 60,000 white land fee bills in the city of Riyadh.The move aligns with the directives of Crown Prince Mohammed bin Salman aimed at...

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