Connect with us

Local News

Saudi Arabia's new property expropriation system: everything you need to know

Learn about the details of the expropriation of real estate for public interest system in Saudi Arabia, the mechanisms for fair compensation, tax exemptions, and its role in supporting Vision 2030 projects.

Published

on

Saudi Arabia's new property expropriation system: everything you need to know

The "Expropriation of Real Estate for Public Interest and Temporary Seizure of Real Estate" system has entered into force in the Kingdom of Saudi Arabia, 120 days after its publication in the Official Gazette. This new legislation represents a significant step forward in regulating procedures related to real estate acquisition for major development projects. It aims to strike a delicate balance between the requirements of the public interest and the protection of private property rights, while ensuring fair and transparent compensation for those affected.

Historical background and context of Vision 2030

The implementation of this system comes at a time when the Kingdom is undergoing an unprecedented economic and developmental transformation under Vision 2030. Mega-projects such as NEOM, the Red Sea Project, Qiddiya, and the development of major cities require vast tracts of land. Historically, expropriation procedures have been subject to multiple regulations that sometimes lacked standardization and efficiency. Therefore, the new system consolidates these procedures under a single umbrella, the General Authority for State Properties, thereby enhancing governance, eliminating any discrepancies in application, and accelerating the completion of vital projects that are the backbone of the national transformation.

Fair compensation mechanisms and protection of owners' rights

One of the system's primary objectives is to ensure that owners of expropriated properties are not harmed. To achieve this, the system includes a set of measures that fully guarantee their rights. The expropriated property is appraised according to its fair market value on the date the expropriation decision is issued, and this is done through appraisers accredited by the Saudi Authority for Accredited Valuers (Taqeem). Crucially, an additional 20% of the appraised value is added as compensation for the expropriation. In cases of temporary possession of the property, the owner is granted compensation equivalent to the market rent plus another 20%, thus ensuring comprehensive and fair compensation.

Expected economic and social impact

The system is expected to have a multifaceted positive impact. Domestically, it will accelerate the implementation of infrastructure and public service projects, thereby improving the quality of life for citizens and residents. Furthermore, the transparency of procedures and fair compensation will enhance trust between citizens and the state. To alleviate the financial burden on those affected, the system includes significant exemptions, such as exempting the owner from real estate transaction tax for five years upon purchasing an alternative property, and exempting them from vacant land fees if the compensation consists of alternative land. Internationally, this legislation sends a strong message to foreign investors that the Kingdom's investment environment has become more mature and stable, and that property rights are protected in accordance with global best practices, thus encouraging further investment in major projects.

Governance and spending efficiency

The new system emphasizes the principle of efficient public spending, requiring project owners to first identify suitable state-owned properties before resorting to private expropriation. It also mandates that the necessary funds for compensation be secured before any action is taken, thus preventing delays in payments to property owners, ensuring the continuity of projects without financial obstacles, and supporting sustainable development across all regions of the Kingdom.

The Saudi News Network first launched on Twitter via its official account, @SaudiNews50, and quickly became one of the Kingdom's leading independent news sources, thanks to its fast and reliable coverage of major local and international events. Due to the growing trust of its followers, the network expanded by launching its website, a comprehensive news platform offering regularly updated content in the fields of politics, economics, health, education, and national events, presented in a professional style that meets the public's expectations. The network strives to enhance public awareness and provide accurate information in a timely manner through on-the-ground reporting, in-depth analysis, and a specialized editorial team, making it a trusted source for anyone seeking up-to-the-minute Saudi news.

Local News

Saudi Arabia weather: Cold wave, dust, and a sharp drop in temperature

The National Center for Meteorology forecasts a significant drop in temperatures and dust-laden winds across large areas of Saudi Arabia. Learn more about the details and impacts.

Published

on

Saudi Arabia weather: Cold wave, dust, and a sharp drop in temperature

The National Center for Meteorology in Saudi Arabia issued a warning of expected weather fluctuations, predicting that large areas of the Kingdom will witness significant activity in surface winds that will stir up dust and sand, accompanied by a sharp and noticeable drop in temperatures, starting from Tuesday until the end of the week on Thursday.

Record low temperatures

According to the center's statement, minimum temperatures are expected to reach low levels, ranging between 2 degrees Celsius and -2 degrees Celsius in the northern regions, including Tabuk, Al-Jawf, the Northern Borders, Hail, and the northern part of the Madinah region. Other areas will also experience a significant drop, with minimum temperatures ranging between 4 degrees Celsius and 1 degree Celsius in Al-Qassim and the northern parts of the Eastern Province and Riyadh.

Wind activity and dust storms

A wave of active surface winds stirring up dust and sand will begin on Tuesday in the Al-Jawf and Northern Borders regions, gradually extending its effects from Tuesday evening through Wednesday to include the Hail, Al-Qassim, Riyadh, Eastern Province, and Najran regions. The center warned that the impact of these winds will reach the eastern parts of the Asir and Al-Baha regions on Wednesday and Thursday, in addition to the Makkah and Madinah regions, including their coastal areas, potentially reducing horizontal visibility.

The climatic context of winter in the Kingdom

These weather fluctuations are part of the typical winter weather patterns in the Arabian Peninsula, where the Kingdom is affected by cold air masses from the north, leading to a significant drop in temperatures, particularly in the northern and central regions. These periods are known locally as "Shabṭ" and "Al-Aqrab," and are characterized by intense cold. The wind activity accompanying these cold air masses also stirs up dust and sand, a common phenomenon in the Kingdom's desert environment.

Expected impacts and the importance of preparedness

This cold wave is expected to have multiple impacts on daily life. On the health front, those with respiratory illnesses and allergies are advised to take precautions and avoid direct exposure to dust. Health authorities also recommend wearing heavy winter clothing to prevent colds, especially for children and the elderly. Regarding road safety, reduced visibility due to dust requires drivers to be extra vigilant and reduce speed on highways. Air traffic at some regional airports may be slightly affected. Therefore, the National Center of Meteorology urges everyone to follow its weather updates and reports to take necessary precautions and ensure safety.

Continue Reading

Local News

The specialist obtains a license to transport radioactive pharmaceuticals by air

King Faisal Specialist Hospital becomes the first hospital in Saudi Arabia to receive a license from the Civil Aviation Authority to transport radioactive pharmaceuticals by air, thus promoting nuclear medicine.

Published

on

The specialist obtains a license to transport radioactive pharmaceuticals by air

In a landmark move reflecting the growing integration of the health and aviation sectors in Saudi Arabia, the General Authority of Civil Aviation (GACA) announced the awarding of a Dangerous Materials Preparation and Processing (DGPC) certificate to King Faisal Specialist Hospital and Research Centre. This license makes the hospital the first in the Kingdom officially authorized to prepare and ship radiopharmaceuticals via air transport, representing a significant achievement that supports the national healthcare system and reinforces the Kingdom's position as a leading center for advanced medical services.

Background and importance of radiopharmaceuticals

Radiopharmaceuticals are a cornerstone of nuclear medicine, used in precise diagnostic and therapeutic procedures, most notably positron emission tomography (PET) scans, which play a crucial role in detecting and monitoring cancerous tumors, heart disease, and neurological disorders. The greatest challenge in using these materials lies in their physical nature; they have a short radioactive half-life, meaning their effectiveness diminishes rapidly within a few hours. This makes their rapid and safe transport essential to ensure they reach hospitals and patients in a timely manner and at their full potency.

The impact of the license on the health and logistics system

This license will overcome the time and logistical obstacles that previously hindered the distribution of these vital materials. By expediting air transport from their specialized production facility at King Faisal Specialist Hospital in Riyadh to various regions of the Kingdom, a greater number of patients will be able to receive the necessary diagnoses and treatments without delay. This step supports the nuclear medicine system by meeting the growing needs of hospitals and ensuring the continuity of advanced services with high efficiency. It also enhances the efficiency of the medical supply chain by reducing reliance on time-consuming ground transportation.

The certificate was issued after the hospital met all international technical and logistical requirements and standards, in accordance with the executive regulations for civil aviation safety, ensuring the highest levels of safety and compliance with local and international regulations in the transport of these sensitive materials.

Supporting the goals of the Kingdom's Vision 2030

Captain Sulaiman Al-Muhaimidi, Executive Vice President for Aviation Safety and Environmental Sustainability at the General Authority of Civil Aviation (GACA), affirmed that this grant embodies GACA's commitment to its role as an enabler for national entities by providing a regulatory and legislative environment that allows for the transport of hazardous medical materials in accordance with the highest international safety standards. He noted that this collaboration with King Faisal Specialist Hospital & Research Centre (KSRelief) is a model of integrated work that contributes to achieving the goals of the Kingdom's Vision 2030 in the health and logistics sectors.

For her part, Dr. Jackie Ying, Executive Director of Research and Innovation at King Faisal Specialist Hospital and Research Centre, explained that obtaining this license reflects the hospital's high level of preparedness and its technical and human capabilities in handling highly sensitive medical products. She added that the hospital's Cyclotron and Radiopharmaceuticals Department has produced more than 30 radiopharmaceuticals and administered over 800,000 doses, confirming its leadership in this field at the regional level.

Continue Reading

Local News

Three terrorists were executed in Riyadh for targeting security forces

The Saudi Ministry of Interior announced the execution of three citizens in Riyadh for joining a terrorist organization and planting explosives to target security personnel.

Published

on

Three terrorists were executed in Riyadh for targeting security forces

The Saudi Ministry of Interior announced today (Sunday) the execution of three citizens in the Riyadh region who were convicted of committing serious terrorist crimes that threatened the country's security and stability. The ministry stated that the convicts were: Hussein bin Salem bin Mohammed Al-Amri, Saud bin Hilal bin Saud Al-Anzi, and Bassam Mohsen Maran Al-Subaie.

The case stems from the three men joining a foreign terrorist organization, adopting its extremist ideology, and attempting to carry out its criminal plots within the Kingdom. Their crimes included planting explosive devices in security vehicles with the intent to kill security personnel, as well as harboring and providing safe haven to a number of wanted terrorists.

The context of the Saudi confrontation with terrorism

This ruling comes within the context of the Kingdom of Saudi Arabia’s ongoing and resolute efforts to combat terrorism and extremism in all its forms. Over the past decades, Saudi Arabia has faced numerous terrorist threats and has developed a comprehensive strategy to counter them, encompassing not only security and military aspects but also intellectual and legislative dimensions. The Kingdom has established specialized criminal courts to adjudicate terrorism and state security cases, ensuring that those involved are tried according to fair judicial procedures that guarantee justice and the application of Islamic law.

The importance of governance and its deterrent effect

The execution of this sentence carries significant implications both domestically and internationally. Domestically, it sends a strong deterrent message to anyone contemplating threatening the security of the nation and its citizens, and underscores that the authorities will not tolerate any attempt to destabilize the country, especially those targeting security personnel who represent the first line of defense for society. Internationally, this action highlights the Kingdom's commitment to its role as an active partner in the global war on terror and affirms its seriousness in pursuing terrorist elements and preventing them from using its territory as a base for their criminal activities.

Legal procedures and issuance of the final ruling

The Ministry of Interior stated that security forces apprehended the perpetrators, and after conducting the necessary investigations, they were formally charged with committing these crimes. Upon their referral to the competent court, a verdict was issued finding them guilty and sentencing them to death. The verdict passed through all stages of litigation, being upheld by the Court of Appeals and the Supreme Court, thus becoming final and binding. A royal decree was then issued to carry out the legally mandated punishment.

The ministry concluded its statement by emphasizing the Kingdom’s government’s commitment to maintaining security and achieving justice, stressing that the legal punishment will be the fate of anyone who attacks innocent people and threatens the stability of society, in a clear warning that the hand of justice will reach anyone who tries to tamper with the security of this nation.

Continue Reading

Trending News