Search Site

Trends banner

‘Wadeem’ sold out for $1.49bn

This is the highest Abu Dhabi real-estate release to date.

Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Saudi authority to hold real estate auctions in Riyadh, Madinah

The auctions will be held in Riyadh and Madinah.
  • The Center for Attribution and Liquidation, or Enfath, will hold these auctions between June 7 and 15 in attendance and online.
  • Auctions display 117 real estate assets, including commercial, residential, and agricultural lands, villas, and commercial and residential buildings.

Saudi Arabia’s Center for Attribution and Liquidation, or Infath, has said that between June 7 and 15, it will be holding five public real estate auctions in Riyadh and Madinah, with areas exceeding 100,000 square meters.

Auctions display 117 real estate assets, including commercial, residential, and agricultural lands, villas, and commercial and residential buildings.

Auctions begin with the Riyadh Oasis auction, which is held in attendance, to display 15 properties in Riyadh, and the attendance house auction, which displays 28 properties in Madinah, and the development of the attendance auction, which displays 24 properties.

Also, Efath will hold Tanmia’s electronic auction, which displays 10 properties, and the Gateway of Goodness auction, which offers 40 properties, all in Riyadh.

Enfath’s auctions page can be viewed at the link: infath.sa/auctions.

Enfath is considered the expert house specialized in supervising the liquidation of assets from real estate and movables whose sale is entrusted to it from the judicial authorities, the private sector, private estates and individuals, through the appointment of experts and service providers from the authorities concerned with evaluation, marketing, property management, guarding and inventorying them by offering them through

The electronic platform (infath.sa) is transparent and competitive, which contributes to accelerating the process of fulfilling the rights and achieving the satisfaction of the beneficiaries of the services carried out by the center, Saudi media reports said.