Bahrain Pushes Infrastructure Reform at High-Level Committee Meeting

Bahrain officials met to review progress on...

Fire Contained at Seeb Warehouse by Oman Civil Defence Teams

Oman’s emergency response proved effective when a...

Energy Development Oman Strengthens Capital Markets With $640 Million Sukuk

Energy Development Oman (EDO) has successfully tightened...
HomeBusinessSaudi Real Estate...

Saudi Real Estate Push Accelerates as New Global Standards Arrive

Saudi Arabia continues its rapid transformation, and the momentum grows stronger each year. This momentum appears clearly in the Saudi real estate momentum, which now shapes the future of urban development. The country moves confidently toward major goals, and each new reform adds even more strength to the Saudi real estate momentum.

Saudi officials highlighted the strong performance of the real estate and construction sectors during the opening of Cityscape Global 2025 in Riyadh. These sectors now contribute 13.8% to the GDP and support 15.5% of total national employment. These numbers show steady growth, and they also reveal rising confidence across the market.

During the event, the government outlined a major housing need. The country requires 1.5 million new housing units by 2030. Riyadh alone needs 731,000 units, which reflects its fast expansion. This increase shows why developers continue to compete for new opportunities. Moreover, it explains why investments flow strongly into the capital.

Officials also announced deals worth more than 161 billion riyals during the first two days of the exhibition. These agreements show strong investor trust. They also demonstrate the growing ability of the sector to attract both local and global capital.

Saudi Arabia also launched the world’s first coding standards for digital property tokenization. The first digital deed already moved between the National Housing Company and several investors. This step signals a major shift in real estate technology. It also opens a direct path for more innovation. Furthermore, the country plans to publish full coding specifications in early 2026 so PropTech firms can build stronger digital ownership systems.

These new standards will make property assets machine-readable. They will also allow encrypted links with real estate records. This system increases transparency. It also reduces risks and strengthens trust in real estate data.

Next year, authorities will introduce new market indicators, including a real estate inflation index and a rent-to-income ratio. These indicators will help buyers understand price trends more clearly. They will also guide investors as they enter new districts.

Meanwhile, foreign investment continues to rise. Updated ownership regulations increased the share of foreign real estate investment to 15% of total inflows in 2024. This shift highlights strong international confidence. It also reinforces the Saudi real estate momentum that now drives the sector forward.

Cityscape Global 2025 began with more than 170,000 visitors and hundreds of global exhibitors. The event brings major developers together and highlights new opportunities created by Vision 2030. It also reflects growing interest from companies working on mega-projects across the Kingdom.

Saudi Arabia continues to strengthen its position as a global real estate hub. With new laws, new standards, and new technologies, the country moves steadily toward a more advanced and transparent market.

Continue reading

Canada Strengthens Strategic Partnership with Qatar to Boost Trade, Investment, and Defence

Canada reinforced its Canada-Qatar strategic partnership during Prime Minister Mark Carney’s first official visit to Doha. The trip aimed to expand trade, investment, and defence cooperation while fostering stronger bilateral relations. Moreover, the visit highlighted Canada’s commitment to building...

Kuwait Honors Fallen Officer in Emotional Military Funeral

Kuwait held a solemn ceremony to honor duty martyr Colonel Al-Khamsan, who died while serving the nation. The military funeral took place at Sulaibikhat cemetery, attended by senior officials, officers, personnel, and citizens. Moreover, the event highlighted the country’s...

KFAED Boosts Regional Energy with Major GCC Electrical Loan

Kuwait’s Kuwait Fund for Arab Economic Development (KFAED) strengthened regional energy through a KFAED loan for GCC interconnection. The agreement, worth KD 8 million, will finance projects enhancing the GCC electrical system and linking it to southern Iraq. This...