Abdurrahman

16 May 2026

Saudi Arabia’s Ministry of Municipalities and Housing approved new ex… – Abdurrahman

Saudi Arabia’s Ministry of Municipalities and Housing approved new executive regulations for vacant property fees as part of efforts to improve real estate market efficiency and balance supply and demand. The move aligns with directives from Crown Prince Mohammed bin Salman aimed at regulating the property sector and encouraging the use of vacant residential and commercial buildings while reducing practices that negatively impact market stability. #SaudiArabia #RealEstate #Housing #Economy