Saudi Opens Property Market to Foreigners: AEI's June 2026 Top Ten
Updated: Sep 16
June brought one of the year's most significant policy shifts for international investors, as Saudi Arabia opened its property market to foreign buyers through a new digital portal, while monthly construction contract awards hit a 2026 high of $8 billion.
The economy grew 3% in the first quarter, non-oil sectors lifted the operating revenue index by 10.6% and the Kingdom ranked third globally for business creation. Here are AEI Saudi's Top Ten business and investment stories from June 2026.
Saudi opens property market to foreigners with new digital portal. Read more on Saudi Arabia's foreign property portal
Saudi Arabia demonstrates competitive strength expanding 3% in the first quarter. Read more on Saudi Arabia's Q1 growth
Saudi launches flexible working hours across Riyadh business districts to ease congestion. Read more on Riyadh's flexible working hours
Qiddiya unveils region’s largest National Tennis Centre. Read more on Qiddiya's National Tennis Centre
Saudi establishments near full digital connectivity as internet penetration hits 98% and AI adoption surges 20% in 2025. Read more on Saudi digital connectivity and AI adoption
Non-oil sectors power 10.6% rise in Saudi operating revenue index. Read more on the non-oil revenue index
Hormuz shock hits Gulf economies, Saudi Arabia takes center stage in 2026. Read more on the Hormuz shock and Saudi Arabia
Saudi Arabia’s awards $8 billion of construction contracts in May, a 2026 high. Read more on May's construction contract awards
Saudi Arabia ranks third globally for business creation as reforms boost competitiveness. Read more on Saudi Arabia's business creation ranking
Waste Management to add $32 billion to Saudi Arabia economy by 2040. Read more on the waste management sector's economic impact
June's news points to a market that is opening up as well as growing: foreign buyers now have a route into property, business creation ranks among the world's fastest, and construction and non-oil activity keep climbing. For international investors and operators, the Kingdom is becoming easier to enter as well as more attractive.
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