Gulf News Archives Dubai: Saudi Arabia is considering a cap on residential and commercial rent increases as part of a broader strategy to stabilise property prices, Abdullah Al Hammad, CEO of the ...

Saudi Arabia is considering implementing caps on the rents of both residential and commercial properties. According to a report in the Saudi Gazette, this move aims to address the rising rent prices.

RIYADH — Saudi Arabia is studying the implementation of a cap on residential and commercial rent increases to tackle soaring prices, the CEO of The Real Estate General Authority (REGA), Abdullah ...