Saudi housing minister hands over ‘48-hour’ house to new owner

Minister of Housing Majid Al-Hogail has urged developers to ensure the project is completed on time. (SPA)
Updated 28 December 2018
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Saudi housing minister hands over ‘48-hour’ house to new owner

  • The Al-Wajiha project will comprise 574 villas, constructed using non-traditional techniques

Housing Minister Majed bin Abdullah Al- a Hogaila handed over the Kingdom’s first ‘48-hour’ house in Dammam to its new owner, Sultan Al-Qurashi, on Thursday. The house is the first in the SAKANI Program, part of the Al-Hakimiah Company’s Al-Wajiha project, which falls under the Kingdom’s Building Technology Stimulus Program. The Al-Wajiha project will comprise 574 villas, constructed using non-traditional techniques. 

Each housing unit will reportedly take just two days to build. 

The Building Technology Stimulus Program is part of Saudi Vision 2030, and its aim is to speed up construction and provide citizens of the Kingdom with high-quality, competitively priced housing, and to stimulate localization of the Kingdom’s construction industry. 

Al-Hogail praised the developers for their landmark achievement, urged them to keep working to ensure the project is completed on time, and promised to continue finding ways to provide the best services for Saudi citizens.


Saudi Arabia to host WEF Global Collaboration and Growth Meeting in April

Minister of Economy and Planning Faisal Alibrahim on Friday confirmed the details of the high-level meeting. (SPA)
Updated 7 sec ago
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Saudi Arabia to host WEF Global Collaboration and Growth Meeting in April

  • Minister stressed the need for sustained dialogue to accelerate global growth and called on participants to actively engage in the upcoming meeting

RIYADH: Saudi Arabia will host the World Economic Forum Global Collaboration and Growth Meeting in Jeddah between April 22-23, 2026.

Minister of Economy and Planning Faisal Alibrahim on Friday confirmed the details of the high-level meeting which was announced at the annual WEF meeting in 2025, Saudi Press Agency reported.

In his closing remarks at the forum, the minister stressed the need for sustained dialogue to accelerate global growth and called on participants to actively engage in the upcoming meeting.

He noted that the meeting will build on the momentum generated by the WEF’s Special Meeting hosted by Riyadh in 2024, affirming that the Kingdom has emerged as a global capital of pragmatism and consequential decision-making.

WEF President Borge Brende highlighted the forum’s deepening engagement with the Kingdom. He said: “We are pleased to return to Saudi Arabia in 2026 to carry forward the conversations started at our annual meeting, creating space for leaders to work together, build trust, and ensure dialogue leads to meaningful collaboration and action.”