Your Weekly Round Up

YOUR WEEKLY ROUNDUP

In case you missed this weeks latest developments in the growth of Saudi Arabia we’ve compiled the best articles for you.

In Today’s Edition:

• Saudi Arabia and Qatar Sign Agreement to Build 785 km High Speed Electric Rail Project

• Saudi Arabia Launches Saudi Properties Platform Ahead of Non Saudi Property Ownership Law

• Marriott Marks 100 Hotels in Saudi Arabia with the Signing of Courtyard by Marriott Hotel

• Saudi Arabia Completes First Tokenised Real Estate Deal Under REGA

• Today’s Newsletter’s Sponsor

TRAVEL

✨Saudi Arabia and Qatar Sign Agreement to Build 785 km High Speed Electric Rail Project

Saudi Arabia and Qatar have signed a landmark agreement to construct a 785-kilometer high-speed electric railway connecting the capitals of Riyadh and Doha.

Key Takeaways:

• It is designed to exceed speeds of 300 km/h, reducing the travel time between Riyadh and Doha to approximately two hours.

• The destination is built on a "coastal lifestyle" concept rooted in wellness and well-being, aiming to set a new standard for holistic luxury.

• The project aligns with Saudi Vision 2030 by significantly boosting regional connectivity, supporting trade, increasing tourism, and diversifying the economy.

Saudi Arabia and Qatar have formalized an agreement to build a 785 km high-speed electric railway, a major infrastructure project set to cut travel time between Riyadh and Doha to about two hours. Read more

REAL ESTATE

✨Saudi Arabia Launches Saudi Properties Platform Ahead of Non Saudi Property Ownership Law

The Real Estate General Authority (REGA) of Saudi Arabia has launched a new official digital platform called Saudi Properties to facilitate real estate ownership for non-Saudi nationals, ahead of the new Non-Saudi Property Ownership Law taking effect in January 2026.

Key Takeaways:

• Ability to communicate directly with property developers.

• A database of available properties across various Saudi cities.

• Saudi Properties provides a seamless digital experience for non-Saudis to browse properties, manage ownership, and submit applications.

Saudi Arabia is strategically opening its property market to international investors with the launch of the "Saudi Properties" digital platform. Read more

HOSPITALITY

✨ Marriott Marks 100 Hotels in Saudi Arabia with the Signing of Courtyard by Marriott Hotel

Marriott International has signed an agreement to open a new Courtyard by Marriott hotel in Dammam, a signing that marks the company's 100th hotel in Saudi Arabia, highlighting its significant commitment and expansion in the Kingdom.

Key Takeaways:

• The signing of the Courtyard by Marriott Dammam represents Marriott International's 100th property milestone in Saudi Arabia.

• Marriott's expansion is focused on supporting the massive tourism and infrastructure developments under Saudi Vision 2030.

• The company currently has approximately 45 operational hotels in the Kingdom and an active pipeline of over 50 projects set to open in the coming years.

Marriott International has solidified its position as a major player in the Saudi hospitality sector by signing its 100th hotel in the Kingdom—a new Courtyard by Marriott in Dammam. Read more

REAL ESTATE

✨Saudi Arabia Completes First Tokenised Real Estate Deal Under REGA

Saudi Arabia has successfully executed its first-ever tokenized real estate deal, a landmark transaction overseen by the Real Estate General Authority (REGA) that marks a significant step toward a fully digital property market.

Key Takeaways:

• Blockchain technology ensures secure, transparent, and immutable transaction records, reducing fraud.

• The deal involved the trading of a tokenized residential asset between the National Housing Company (NHC) and a group of multiple investors.

• It involves converting property ownership rights into digital tokens traded on a blockchain platform, specifically facilitated by the National Real Estate Registry (RER) in this case.

Saudi Arabia is pioneering the digital transformation of its property sector by completing its first tokenized real estate deal involving NHC and multiple investors. Read more

This Newsletter Is Sponsored by Welcome Saudi

The No. 1 Travel Website To Discover The Best Hotels, Restaurants & Tourist Destinations in Saudi Arabia