The Real Estate Development Fund in Saudi Arabia announced on Sunday the deposit of $291 million (1.091 billion riyals) in the accounts of the beneficiaries of the housing support program from the Ministry of Municipalities, Housing and the Real Estate Fund for the month of October 2026.He explained that the total support for the month of October was allocated to support the profits of the contracts of various housing support programs to enable beneficiaries and improve their ability to own housing, in order to achieve the objectives of the housing program, one of the programs of Saudi Vision 2030, pointing out that the total deposit in the accounts of the beneficiaries of the housing support program from January to 2026 until October amounted to $2.88 billion (10.817 billion riyals).The…

The Saudi-Pakistani real estate exhibition concluded its activities in Lahore, the capital of Pakistan’s Punjab province, with the participation of officials, business leaders and investors from both countries, amid calls to strengthen investment partnerships, according to the Saudi Press Agency (SPA).The exhibition was held under the slogan "Own or Invest in the Kingdom of Saudi Arabia", organized by the Saudi-Pakistani Joint Business Council, in coordination with the concerned authorities in the two countries, with the participation of 19 Saudi entities, and a delegation of about 60 people.    The exhibition was organized by the Saudi-Pakistani Joint Business Council and with the participation of 19 Saudi entities and a delegation of 60 peopleThe exhibition also…

His Highness Real Estate Company, listed on the Saudi market, revealed its preliminary financial results for the third quarter of 2026, where its net profit decreased by 12.72% year-on-year, and the net profit attributable to the company’s shareholders decreased to 42.9 million riyals, compared to 49.15 million riyals in the same quarter of 2025, while it increased by 36.31% compared to the previous quarter, in which the company recorded a net profit of 31.47 million riyals, according to the company’s data on “Tadawul” on Sunday.The company reported that the decrease in net profit on an annual basis is due to revenue from land sales and real estate services during the same quarter of the previous year, while the company’s revenues during the current quarter…

Al-Inma Financial Company, in its capacity as the director of the Al-Inma REIT Hotel Fund, set November 8, 2026 as the date for the meeting of the owners of the Fund’s units to discuss the proposal to purchase 10.2 million of its units, representing 10% of the total issued units.The company explained, in a statement published on the Saudi Stock Exchange website, that the Board of Directors of the Fund believes that the current market price of the units is less than their fair value, pointing out that the purchase is aimed at keeping the purchased units as treasury units, in preparation for their use in swap operations in exchange for the acquisition of new assets, or resale in the future.Sources of financing for the procurement of the Fund unitsThe company stated that the financing…

Cityscape Global 2025 continued in Riyadh today (November 38) with a series of real estate deals and policy discussions around the theme: The Future of Urban Living.  Sponsored by Ministry of Municipalities and Housing, in partnership with REGA, Vision 2030 and Housing Program, and organised by Tahaluf, Cityscape Global has become the leading platform for convening international real estate leaders to discuss investments, planning and innovation. On day one, a dedicated panel discussion with Loaye Al-Nahedh, CEO, REDF; Brian Higgins, Founder & Managing Partner, King Street Capital Management and Mohammed bin Saleh Albuty, CEO, NHC, joined to discuss how Saudi Arabia’s government-backed initiatives are reshaping investor confidence.  They noted a sharp rise in global…

Reportage Properties in Saudi Arabia and Egypt CEO, Mr. Eslam Hammam, expected the company’s sales to exceed SAR 500 million by the end of 2025. Hammam confirmed that this strong performance reflects the company’s commitment to a sustainable development approach over the past years, based on delivering high-quality residential projects that meet the needs of the growing Saudi market. The CEO noted that the clients and investors trust in the company, particularly in Riyadh, has been a pivotal factor in achieving this growth, noting the company's commitment to providing modern real estate products based on clear standards of quality and urban planning. Hammam confirmed that Reportage Saudi Arabia is preparing to enter a strategic expansion phase in 2026. He said that the…

Cityscape Global 2025, the world’s most attended real estate show, will gather global thought leaders across every aspect of urban development, to share strategic insights on building smarter, more liveable, and resilient urban environments. Cityscape Global 2025 will be held in Riyadh from November 17 to 20. With global urbanisation set to reach 68% by 2050, and the Middle East’s urban population projected to climb to 75%, human-centric planning is essential. Cityscape Global will spotlight how designing cities around people delivers measurable improvements in health, equity, and economic resilience at the scale that the region’s rapidly expanding cities demand. Taking place on the Main Stage on Day 3 of Cityscape Global, the Future of Living Summit will be focused…

Reportage KSA, a leading real estate developer in Saudi Arabia, announced total sales exceeding SAR 350 million in 2024, a new proof the success to their expansion strategy in the Saudi market. “We continued to achieve outstanding performance over the past year, reflected in increased sales. This confirms our ability to keep pace with market changes and launch new projects that meet the needs of a diverse customer base,” said Islam Hammam, CEO of Reportage KSA. Hammam revealed the company's strategic expansion plan for 2025, which includes the launch of more than 7 new projects in Riyadh, in addition to expanding in Jeddah, in line with the growing demand for modern and integrated residential communities.He pointed out that the company aims to increase the scope of works…

Diriyah Company has announced the launch of its Media and Innovation District in the historic birth place of Saudi Arabia. Spanning 250,000 sq m of office GFA, the district will feature 450 residential units as well as 15,000 sq m retail space with a mix of dining options. The pioneering, future-focused hub, which was officially unveiled at the MIPIM property expo in Cannes, France, will redefine the kingdom's technology, media and communications industries by creating a dynamic new ecosystem within Diriyah, encouraging innovation and collaboration between local and global industry leaders. ​ According to Diriyah, the district will serve as a new home for global media networks, creative agencies, and professionals seeking a collaborative ecosystem with hitech infrastructure, designed…

Dar Global, the London-listed luxury real estate developer, has announced the launch of Trump Tower Jeddah, a SAR 2 billion ($531 million) architectural masterpiece being developed in partnership with the Trump Organization, thus bringing a new level of opulence and exclusivity to the Kingdom. Gracing Jeddah’s Corniche, this 47-floor tower will stand as one of the city’s tallest residential towers, introducing a new level of opulence and exclusivity to the Kingdom. Strategically located near other iconic landmarks, Trump Tower Jeddah is more than just a residential project, it is a lifestyle revolution. Among its highlights is the Trump Club, the Kingdom’s first-ever members-only social club slated to be the ultimate destination for the city’s elite. The club…

Saudi Arabia’s Bonyan REIT has completed the divestment of a residential property in Dubai and generated more than SAR 279.9 million ($74.5 million) in proceeds. The 69-unit Citywalk 2B in Dubai, initially acquired by the real estate investment traded fund during its inception for SAR 262.5 million, had generated a rental income of more than SAR 54.9 million throughout the investment period. The fund started divesting the units in the property in December 2022. It has recently finalised the exit, with total sales proceeds amounting to SAR 279,921,816, the REIT’s fund manager BSF Capital said on Wednesday. Bonyan REIT has allotted a huge chunk of the proceeds for the early prepayment of its Shariah- compliant loan. Established in 2018, the Saudi-listed Bonyan REIT seeks to…

RIYADH — Minister of Municipalities and Housing Majid Al-Hogail announced significant growth in Saudi Arabia’s real estate sector at the opening of Cityscape Global 2024, the Kingdom’s largest property event themed 'The Future of Living.'"The number of local real estate developers participating this year has doubled to over 100, alongside 69 international developers," Al-Hogail stated, attributing this increase to the continuous rise in real estate transactions, which have exceeded SR630 billion since the beginning of the year.He highlighted that this momentum has positioned real estate as a core driver of economic diversification in the Kingdom.The minister unveiled new strategic projects and agreements surpassing SR 180 billion —a 50% increase over last…