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Real Estate General Authority

From Wikipedia, the free encyclopedia
Real Estate General Authority
الهيئة العامة للعقار
Agency overview
Formed2017
JurisdictionSaudi Arabia
HeadquartersRiyadh, Saudi Arabia
Agency executive
Parent departmentMinistry of Housing
Websiterega.gov.sa

The Real Estate General Authority (REGA; Arabic: الهيئة العامة للعقار) is a Saudi government agency was established in 2017 to regulate rules, stimulate investment and provide consumer protection in the real estate industry in Saudi Arabia.[1][2] The authority is also in charge of enhancing market transparency through publishing real estate market indicators.[3]

Structure

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The authority is headquartered in Riyadh, the Saudi capital city and it is financially and administratively independent.[2] The authority is administrated by a board of directors chaired by the Minister of Housing.[4][5]

References

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  1. ^ "Overview of Saudi Real Estate Laws and Practice". Al Tamimi & Company. Retrieved 2019-03-21.
  2. ^ a b "Saudi Real Estate General Authority Aims to Protect, Preserve National Property". Asharq AL-awsat. Retrieved 2019-03-21.
  3. ^ "Real Estate General Authority". Linkedin. Retrieved 21 March 2019.
  4. ^ "The Real Estate General Authority launches its website and its "Twitter"account . | Ministry of Housing". www.housing.gov.sa. Retrieved 2019-03-21.
  5. ^ "FaceOf: Majid Al-Hogail, Saudi Arabia's minister of housing". Arab News. 2019-03-19. Retrieved 2019-03-21.