
Housing Ministry seeks feedback on draft contractor classification regs
The Ministry of Municipalities and Housing (MOMAH) launched a draft update of the Executive Regulations for the Contractor Classification System for public consultation.
The proposed update aims to update and strengthen the current regulations, align them with recent developments in the contracting sector, ensure compliance with international standards, and enhance the quality of both public and private sector projects.
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Arab News
03-06-2025
- Arab News
Municipalities Ministry launches home delivery permit service, effective July 1
RIYADH: The Saudi Ministry of Municipalities and Housing launched the Home Delivery Permit service for food and non-food delivery establishments via the Balady platform, Saudi Press Agency reported Tuesday. This initiative supports ongoing efforts to enhance the quality of life and elevate safety and compliance standards within the delivery sector across the Kingdom. The delivery service aims to regulate delivery operations within cities by ensuring establishments comply with health and technical requirements, thereby contributing to a safe and efficient environment that enhances consumer confidence. The requirements for the permit include obtaining a health certificate for all home delivery service workers, securing approval from the authority supervising the commercial activity, clearly displaying the establishment's name or trademark on delivery vehicles, and ensuring these vehicles comply with the technical and health standards necessary for safe product transportation. The ministry explained that mandatory enforcement of license issuance will begin on July 1, 2025. Municipalities will carry out field inspections to ensure compliance and will take regulatory action against violators. Business owners can apply for the home delivery permit through the Balady platform by visiting: This initiative is part of the ministry's broader efforts to develop the regulatory framework for the services sector and to ensure the provision of safe delivery services, in line with the objectives of the Saudi Vision 2030. Last month, the ministry announced the launch of the Balady Plus app — an intelligent platform aimed at enhancing quality of life in Saudi cities and facilitating daily mobility for residents and visitors. According to the ministry, Balady Plus was developed by national talents to be more than just a navigation tool. It offers an interactive 3D map experience with precise local content that reflects the real landscape of Saudi cities and adapts to their changes in real time. The application features smart mobility services, including live updates on roads, locations, and services. It also supports indoor navigation in commercial centers, alerts users about speed bumps, obstacles, and road closures, and integrates data from government entities and the local community.


Arab News
01-06-2025
- Arab News
Madinah leads regional growth with 24% construction employment in Q1
RIYADH: Saudi Arabia's Madinah region recorded strong first quarter growth in 2025, led by 24 percent workforce participation in construction and 20 percent in trade, signaling diversification momentum. A recent report by the Madinah Chamber of Commerce outlines the region's sectoral distribution, with construction continuing to dominate amid a surge in infrastructure projects, the Saudi Press Agency reported. The wholesale, retail trade, and vehicle maintenance sector, which accounted for 20 percent of the workforce, continued to thrive, demonstrating strong commercial activity and consumer demand. This segment's high employment rate underscores Madinah's role as a regional trading hub. The manufacturing sector, representing 12 percent of the workforce, showed growth that indicates the emergence of a stronger industrial base, contributing to economic diversification and reducing reliance on oil-related industries. Tourism, with an 11.2 percent workforce share, remained a key sector for Madinah as a destination for religious tourism, benefiting from a steady influx of pilgrims. The sector's workforce expansion aligns with increased investment in hospitality, transportation, and tourism-related services, the SPA report added. The chairman of the chamber, Mazen bin Ibrahim Rajab, emphasized the focus on improving the business environment by leveraging Madinah's economic strengths and investment opportunities. The report situated Madinah's growth within broader economic trends. In 2024, the worldwide economic growth reached 3.2 percent, supported by a rebound in foreign direct investment, while inflation declined to 4.5 percent, signaling improving economic stability. The Kingdom's gross domestic product grew by 4.4 percent in 2024, with non-oil sectors expanding by 5.9 percent. Madinah contributed significantly to this trend, recording a 2.8 percent increase in its GDP, reaching SR57.6 billion ($15.3 billion) in the third quarter of 2024. The report showed that Madinah recorded the second-highest domestic demand growth in Saudi Arabia at 11 percent, trailing only Riyadh. Additionally, foreign direct investment in the Kingdom surged by 36.6 percent in the third quarter 2024, reaching SR16 billion, with Madinah attracting a notable share due to its expanding industrial and commercial opportunities. The report also highlighted Madinah's booming real estate and infrastructure sectors with property transactions in 2024 totaling SR10 billion, reflecting strong investor confidence. The job market improved significantly, with unemployment dropping from 10.3 percent in the third quarter of 2024 to 8.4 percent in the following three-month period, thanks to new employment opportunities across key sectors. A total of 213 development projects, valued at over SR210 billion, are currently in progress, according to the report. These include 153 commercial projects, 27 mixed-use residential and commercial developments and other projects in healthcare, education, tourism, and religious infrastructure. These initiatives are expected to generate more than 119,000 jobs, further boosting Madinah's economic prospects.


Argaam
29-05-2025
- Argaam
Al Yamamah Steel inks SAR 167.6M contract for tower supply
Al Yamamah Steel Industries Co. signed today, May 29, a contract with Trading & Development Partnership Co. for supplying steel towers, at a value of SAR 167.64 million. In a statement to Tadawul, the company indicated that the steel towers will be used to establish a 380 kV ultra-high voltage line for the Western Region. The contract term is one year, said the company, adding that the supplying to the project will start in August, 2025. The related financial impact is expected to begin reflecting on the company's financial statements in Q4 2025. There are no related parties to the deal.