Regulatory updates shaping real estate and the Nomu market

Saudi Arabia's real estate environment and stock market witnessed fundamental regulatory shifts: the new Civil Transactions Law came into force as the Committee for the Resolution of Securities Disputes moved to announce the board compositions of companies listed on the Nomu parallel market — a clear signal that administrative and supervisory responsibility is now personal, and that nominal board membership is no longer acceptable.

In parallel, the Real Estate General Authority established a fully electronic operating environment covering: licensing and permits, relations with owners' oversight committees, developers' dealings through digital systems, and electronic registers for apartments, shops and master plans — meaning property management is no longer confined to a company or agency, but is now a transparent, regulated ecosystem.

Changes also advanced real estate payments, with plans, deeds and orders recognised as multiple forms of evidence, alongside the continued shift from paper to electronic property subdivision.

The Hamad Mohammad Bin Saiedan group closely follows and fully complies with these developments, reinforcing its standing as a listed developer committed to the highest standards of governance and transparency.