Residential sales values in Riyadh hit SAR17.6 billion ($4.69 billion) in Q3 as the city prepares to deliver 57,000 new units in 2026-27, said a report. Property purchases across key cities will rise further in 2026 as new foreign ownership law takes effect.
New Murabba, a unit of Saudi wealth fund PIF, has signed a strategic agreement with the Ministry of Municipalities and Housing to jointly work on streamlining development processes, implementation of smart city standards as well as enhancing the quality of life for residents.
Saudi Arabia’s Minister of Tourism, Ahmed Al-Khateeb, launched a trip along the Northern Trail from Riyadh to Hail as part of the Saudi Winter programme, which aims to showcase the Kingdom’s tourism diversity.
Chalhoub Group, a premier luxury retailer in the Middle East, said it has signed a solar lease agreement with Yellow Door Energy, a leading provider of sustainable energy solutions, to bring clean electricity to the Group's key fulfilment hub in Riyadh.
Saudi Water Partnership Company (SWPC) has announced that more than 60 leading developers have prequalifed for the second edition of its upcoming Independent Water Projects (IWP) and Independent Sewage Treatment Plant (ISTP) projects in the kingdom.
Royal Commission for Jubail and Yanbu said one of its key units Rqeem has signed an agreement with Torry Harris Business Solutions to launch an AI-powered digital marketplace that will accelerate industrial transformation and attract new investment to Saudi Arabia.
Saudi-based Taiba Investments has announced that one of its key subsidiaries, Smart Hotel Zone Company, had signed up Al Saad Contracting Company for the construction of a 159-key hotel project within the STC Square mixed-use development in Riyadh.
Leading Saudi group Dar Al Majd Real Estate Company has announced that it has signed an agreement with the Jadwa Al Manzel Real Estate Fund for the development of three premium residential projects in Riyadh under the Off-Plan Sales Program (Wafi).
PwC Middle East has relocated its office to Riyadh's Laysen Valley, providing an expanded space for its growing operations in the kingdom. Spanning 22,400 sq m, the new office stands 11storeys tall, providing a dedicated space for co-creation and innovative work.
The 26th session of the UN Tourism General Assembly opened in Riyadh, marking a historic first for the Gulf Cooperation Council (GCC) region and the largest Assembly since UN Tourism was founded 50 years ago.
