Government | Thursday 3 April, 2025 1:40 am

REGA mulls rent cap, says CEO

Real Estate General Authority (REGA) studies a cap on increased rents, given that this is one of the international practices to control higher rentals, CEO Abdullah Alhammad told Al-Arabiya TV.   A recent directive was issued by Crown Prince Mohammed bin Salman to rebalance the real...

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Business & Money | Thursday 3 April, 2025 1:37 am

Crown Prince’s directives on real estate sector to curb inflation

Saudi Minister of Finance Mohammed Al-Jadaan said that the recent directives issued by Crown Prince Mohammed bin Salman regarding achieving balance in the land and real estate sector in Riyadh reaffirm the government's ability to utilize available tools. This will be attained whether through...

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Government | Thursday 3 April, 2025 1:35 am

New real estate measures to support household spending, private sector: Minister

Minister of Economy and Planning, Faisal Al-Ibrahim, said Crown Prince Mohammed bin Salman’s new directives aim to provide quick and effective solutions to address challenges in the real estate sector, enhancing citizens’ quality of life and supporting private sector...

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Government | Thursday 3 April, 2025 1:19 am

LCGPA adds 116 products to mandatory list of national products

The Local Content and Government Procurement Authority (LCGPA) added 116 products to the mandatory list of national products across four main sectors, pharmaceuticals, medical supplies, paper consumer products, as well as personal and household equipment and supplies.   Abdulrahman...

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Government | Thursday 3 April, 2025 1:17 am

New commercial register, trade names laws effective as of April 3

The Ministry of Commerce announced that the new commercial register and trade names laws will come into effect on Thursday, April 3.   The move is part of the government's efforts to develop the commercial environment and simplify procedures in the Kingdom.   The...

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Government | Thursday 3 April, 2025 1:00 am

Regulations of Trade Names, Commercial Register Laws approved

The Ministry of Commerce approved the regulations of the Trade Names Law and the Commercial Register Law, according to Umm Al-Qura Official Gazette.   The ministry aims to regulate the procedures for registration in the commercial register and facilitate business...

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Government | Monday 31 March, 2025 5:21 am

RCRC set to launch platform for residential land applications

Ibrahim Al-Sultan, CEO of the Royal Commission for Riyadh City (RCRC), said the authority will start immediately to implement Crown Prince Mohammed bin Salman’s directives to provide developed and planned residential lands for citizens in Riyadh.   Al-Sultan confirmed that work is...

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Government | Monday 31 March, 2025 5:19 am

Crown Prince takes action to balance real estate sector in Riyadh

Saudi Crown Prince Mohammed bin Salman directed the implementation of several measures to balance the real estate market in Riyadh amid higher land prices and rentals.   He lifted suspension on transactions such as buying, selling, subdivision, and issuing building permits, as well...

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Business & Money | Monday 31 March, 2025 5:14 am

REGA CEO says real estate balance measures regulate market, achieve stability

Abdullah Alhammad, CEO of the Real Estate General Authority (REGA), praised Crown Prince Mohammed bin Salman's announcement regarding the approval of several measures to balance the real estate sector in Riyadh, the Saudi Press Agency reported.   The measures include lifting the...

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Business & Money | Monday 31 March, 2025 5:06 am

Emirates Publishers Association Sponsors Young Emirati Publishers at London and Bologna Book Fairs

The Emirates Publishers Association (EPA) continues to support and nurture the new generation of Emirati publishers, enabling them to represent the UAE at key international cultural forums and gain exposure to global best practices in the publishing industry. As part of this commitment, EPA has...

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