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Wafaiyah Group

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Wafaiyah Group

works, its head office is located in Riyadh, which is the administrat

Wafaiyah Group Came into existence more than 20 years fully owned by a Saudi National with the objective of active involvement in the field of trading, contracting and electro mech.

01/10/2026

As Saudi Arabia’s construction sector continues to expand, regulatory compliance is becoming increasingly important.

New guidelines for construction companies reinforce the focus on standards, accountability, safety and responsible project ex*****on.

For developers and contractors, staying aligned with evolving regulations is becoming an essential part of delivering successful projects in the Kingdom.

28/09/2026

Artificial intelligence is changing the way the construction industry works.

From planning and design to project management, documentation and decision-making, technologies such as generative AI are opening new possibilities across the built environment.

With major development pipelines in both Saudi Arabia and the UAE, technology is becoming an increasingly important part of the region’s construction transformation.

23/09/2026

Saudi Arabia’s construction sector continues to evolve alongside changing business strategies and market conditions.

Red Sea International has announced plans to reduce its capital by half to $80 million, marking a significant corporate development for the Saudi construction company.

The move highlights the continued financial and strategic shifts taking place across the Kingdom’s construction and contracting landscape.

08/09/2026

Saudi Arabia’s Construction Activity Continues to Expand

Saudi Arabia’s construction sector has recorded its fourth consecutive month of expansion in August, reflecting continued momentum across the Kingdom’s development landscape.

From major infrastructure projects to commercial and residential developments, construction activity continues to be supported by strong investment, ambitious development programs, and the ongoing transformation under Vision 2030.

For businesses operating across construction, engineering, real estate, and infrastructure, this sustained momentum signals growing opportunities across the Saudi market.

🏗️ Continued construction growth
📈 Strong development momentum
🌍 Expanding opportunities for investors and businesses

Building the Kingdom’s next generation of cities

Saudi Arabia isn’t just developing it’s building for the future.

13/08/2026

Saudi Arabia is taking another major step toward opening its real estate market to international investors.

New regulations defining designated areas for non-Saudi ownership are expected to strengthen investment opportunities, support real estate development, and enhance the Kingdom’s competitiveness as a global business and investment destination.

The move further supports Saudi Arabia’s Vision 2030 ambitions to attract international capital and accelerate economic diversification.

تواصل المملكة العربية السعودية تعزيز جاذبية قطاعها العقاري أمام المستثمرين الدوليين من خلال تنظيم جديد يحدد المناطق المسموح فيها بتملك غير السعوديين للعقارات.

ومن المتوقع أن تسهم هذه الخطوة في تعزيز الفرص الاستثمارية، ودعم التطوير العقاري، ورفع تنافسية المملكة كوجهة عالمية للأعمال والاستثمار.

وتأتي هذه الإصلاحات ضمن مستهدفات رؤية السعودية 2030 لجذب الاستثمارات العالمية وتنويع الاقتصاد الوطني.

#السعودية #العقار #رؤية2030 #الاستثمار

11/08/2026

Saudi Arabia’s real estate market continues to strengthen, recording SR1.6 trillion ($426.6 billion) in transactions since the Real Estate Brokerage Law came into effect.

With more than 1.11 million brokerage contracts and continued regulatory reforms, the Kingdom is moving toward a more transparent, professional, and structured real estate market in line with Vision 2030.

العربية

يواصل القطاع العقاري في المملكة العربية السعودية تعزيز نموه، حيث تجاوزت قيمة التعاملات العقارية 1.6 تريليون ريال سعودي منذ دخول نظام الوساطة العقارية حيز التنفيذ.

ومع أكثر من 1.11 مليون عقد وساطة، تواصل المملكة تطوير سوق عقاري أكثر تنظيمًا واحترافية وشفافية، بما يتماشى مع مستهدفات رؤية السعودية 2030.

#السعودية #العقار #رؤية2030 #الاستثمار

03/08/2026

Saudi Arabia's Construction Cost Index recorded a 2.7% year-on-year increase in June, reflecting continued activity across the Kingdom's expanding construction sector.

Driven by higher equipment rental and labor costs, the increase highlights sustained demand as Saudi Arabia advances major residential, commercial, and infrastructure developments under Vision 2030.

سجل مؤشر تكاليف البناء في المملكة العربية السعودية ارتفاعًا بنسبة 2.7% على أساس سنوي خلال شهر يونيو، مما يعكس استمرار النشاط في قطاع التشييد والبناء.

وجاء هذا الارتفاع مدفوعًا بزيادة تكاليف المعدات والعمالة، بالتزامن مع استمرار تنفيذ المشاريع السكنية والتجارية ومشاريع البنية التحتية ضمن مستهدفات رؤية السعودية 2030.

#السعودية #البناء #المقاولات #التطوير #الهندسة #رؤية2030 #الاستثمار #الاقتصاد

31/07/2026

Saudi Arabia's construction sector continues to gain momentum, with 25 major projects awarded during June 2026, reinforcing the Kingdom's strong development pipeline.

From residential and commercial developments to infrastructure, water, and energy projects, the latest outlook highlights growing investment opportunities and sustained confidence in Saudi Arabia's construction industry as Vision 2030 continues to drive nationwide transformation.

يواصل قطاع المقاولات في المملكة العربية السعودية تحقيق نمو قوي، حيث تم ترسية 25 مشروعًا خلال شهر يونيو 2026، مما يعكس استمرار الزخم في قطاع البناء والتطوير.

ويؤكد التقرير على تنامي الفرص الاستثمارية في مشاريع البناء والبنية التحتية والطاقة والمياه، في ظل مواصلة رؤية السعودية 2030 دفع عجلة التنمية وتعزيز النمو العمراني في مختلف مناطق المملكة.

#السعودية #المقاولات #البناء #الاستثمار #رؤية2030 #الهندسة

16/07/2026

With a stronger focus on public-private partnerships, AlUla is opening new opportunities to expand its world-class hospitality, cultural attractions, and tourism infrastructure while preserving its unique heritage and luxury positioning.

As Saudi Arabia continues to diversify its economy under Vision 2030, AlUla remains one of the Kingdom's most promising destinations for long-term tourism and investment.

13/07/2026

A rise in building permits reflects a growing preference for purchasing land and creating custom homes tailored to individual needs. As land prices adjust and development policies evolve, the Kingdom's residential market is witnessing a shift toward self-built housing and long-term homeownership.

This trend highlights the continued evolution of Saudi Arabia's housing sector in line with Vision 2030, creating new opportunities for homeowners, developers, and the broader construction industry.

Address

Almalaz 60 Street, Ar Riyad
Riyadh
11417

Opening Hours

Monday	8am - 6pm
Tuesday	8am - 6pm
Wednesday	8am - 6pm
Thursday	8am - 6pm
Saturday	8am - 6pm
Sunday	8am - 6pm

Telephone

+966555056096

Website

http://wafaiyah.com/

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