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Riyadh will be rent-hike-free for 5 years (with exceptions)
Royal decree freezes Riyadh rents for five years, Mandates Ejar Use
White Land Tax fees applied to Dar Al Arkan’s 2.8 mn sqm land bank
PLUS: Saudi Arabia and Zambia form joint business council
Laheq Island to test luxury market appeal
The project’s southern section is expected to open in 2028
Al Futtaim completes Cenomi acquisition
ALSO- Almajdiah to execute construction works for two Tatweej-NHC residential projects
Tawazoun launched to offer residential plots at capped prices
The initiative aims to provide 10-40k developed residential plots annually for five years, with prices capped at SAR 1.5k per…
Banan, Artal, Al Mojel team up to launch real estate fund
PLUS: Saudi’s first floating fuel storage unit
Citystars, Emaar Misr to develop a EGP 900 bn Marassi on Egypt’s Red Sea
The four-year, 2.4k-feddan development near Hurghada will mirror Marassi North Coast
New real estate expropriation law to streamline procedures
Compensation for expropriation is calculated at the property’s market value with an added 20% premium to account for losses arising…
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