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‘Mostadam’ Initiative Preserves Real Estate Market Value, Draws Investments

Mostadam initiative aims to provide a range of services and solutions that contribute to enhancing the quality of residential construction and raises the efficiency of energy and water consumption | PHOTO/Khaled Al-Khamis
Mostadam initiative aims to provide a range of services and solutions that contribute to enhancing the quality of residential construction and raises the efficiency of energy and water consumption | PHOTO/Khaled Al-Khamis
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‘Mostadam’ Initiative Preserves Real Estate Market Value, Draws Investments

Mostadam initiative aims to provide a range of services and solutions that contribute to enhancing the quality of residential construction and raises the efficiency of energy and water consumption | PHOTO/Khaled Al-Khamis
Mostadam initiative aims to provide a range of services and solutions that contribute to enhancing the quality of residential construction and raises the efficiency of energy and water consumption | PHOTO/Khaled Al-Khamis

The Saudi Housing Ministry is looking to boost the Kingdom’s real estate market, especially in terms of supporting residential infrastructure. It launched 16 initiatives, looking to increase market value.

Real-estate experts confirmed that the initiatives are starting to show real-time results, stressing that the Ministry will not hesitate in announcing new initiatives if they prove helpful in contributing to solving the housing problem in Saudi Arabia and provide housing for all citizens.

The Mostadam (Arabic for sustainable) program was reviewed positively by experts who say it helps to preserve market value and the median age of buildings and works to attract investment.

Economics Professor Salem Baajajah stressed that Mostadam is one of the most important initiatives announced by the Ministry in the past period. This is traced to its many benefits and extra goals that were necessary in order to complete the scene for the real estate sector.

“The government, represented by the Ministry of Housing, allocates billions of riyals to provide housing for citizens, in view of the high demand for construction, whether by the state or by the citizen, it was necessary to ensure that these new buildings are built according to safety and security standards,”Baajajah said in his review of the Mostadam initiative.

“Mostadam fulfills all conditions combined through services it offers to all those wishing to build their homes,” he added.

“It works to offer services and solutions to boost the quality of buildings and increase water and power efficiency and the confidence index,” Baajajah told Asharq Al-Awsat.

“Adhering to the terms of this initiative ensures that operation and maintenance costs of housing units are reduced…it also reduces potential risks in the housing construction process and the costs entailed,” he added.

Mostadam provides services such as quality inspections for residential units belonging to real estate developer. A certificate is handed out to qualifying buildings.

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Gulf

Saudi Arabia Condemns RSF Attacks on Civilians and Aid Convoys in Sudan

An elderly man picks up his food aid ration at the Umdulu Camp, in Engpung County, Sudan, January 30, 2026. (Karl Schembri/Norweigan Refugee Council/Handout via Reuters)
An elderly man picks up his food aid ration at the Umdulu Camp, in Engpung County, Sudan, January 30, 2026. (Karl Schembri/Norweigan Refugee Council/Handout via Reuters)
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Saudi Arabia Condemns RSF Attacks on Civilians and Aid Convoys in Sudan

An elderly man picks up his food aid ration at the Umdulu Camp, in Engpung County, Sudan, January 30, 2026. (Karl Schembri/Norweigan Refugee Council/Handout via Reuters)
An elderly man picks up his food aid ration at the Umdulu Camp, in Engpung County, Sudan, January 30, 2026. (Karl Schembri/Norweigan Refugee Council/Handout via Reuters)

Saudi Arabia strongly condemned on Saturday the Rapid Support Forces’ attack against a humanitarian aid convoy in Sudan’s Kordofan.

A Foreign Ministry statement said the Kingdom expressed its strong condemnation of the attack against Al-Kuweik Military Hospital, a humanitarian aid convoy affiliated with the World Food Program, and a vehicle transporting displaced civilians.

“These acts are unjustifiable under any circumstances and are flagrant violations of all humanitarian norms and relevant international agreements,” it stressed.

“The Kingdom called on the RSF to immediately cease these violations and to fulfill their moral and humanitarian obligations by ensuring the safe and unhindered delivery of humanitarian assistance to those in need, in accordance with international humanitarian law and the Jeddah Declaration signed on May 11, 2023,” it added.

The Kingdom reiterated its firm position in support of Sudan’s unity, security, and stability, the need to preserve its legitimate institutions.

It voiced its rejection of “foreign interference and the continued actions of certain parties in supplying illicit weapons, mercenaries, and foreign fighters, despite their stated support for a political solution,” saying such “conduct is a primary factor in prolonging the conflict and exacerbating the suffering of the Sudanese people.”

A drone attack by the RSF hit a vehicle carrying displaced families in central Sudan Saturday, killing at least 24 people, including eight children, a doctors’ group said, a day after a World Food Program aid convoy was targeted.

The attack occurred close to the city of Rahad in North Kordofan province, said the Sudan Doctors Network, which tracks the country’s ongoing war. The vehicle was transporting displaced people who fled fighting in the Dubeiker area, the group said in a statement. Among the dead children were two infants.

Gulf

OIC Condemns Terrorist Bombing of Mosque in Islamabad

A Pakistani man reacts as people attend a protest against the suicide bomb blast that killed dozens of people, in Peshawar, Pakistan, 07 February 2026. (EPA)
A Pakistani man reacts as people attend a protest against the suicide bomb blast that killed dozens of people, in Peshawar, Pakistan, 07 February 2026. (EPA)
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OIC Condemns Terrorist Bombing of Mosque in Islamabad

A Pakistani man reacts as people attend a protest against the suicide bomb blast that killed dozens of people, in Peshawar, Pakistan, 07 February 2026. (EPA)
A Pakistani man reacts as people attend a protest against the suicide bomb blast that killed dozens of people, in Peshawar, Pakistan, 07 February 2026. (EPA)

The Organization of Islamic Cooperation (OIC) General Secretariat strongly condemned on Saturday the terrorist bombing that targeted a mosque in Islamabad.

The secretariat stressed its categorical rejection of terrorism in all its forms, especially those targeting places of worship.

It underlined its firm stance in condemning these criminal acts, which are contrary to human values and religious principles.

The OIC offered its sincere condolences to the government and people of Pakistan and to the families of the victims.

It also reiterated its full solidarity with Pakistan in its efforts to combat terrorism and boost its security and stability.

At least 30 people killed in a suicide bombing at a Muslim mosque during Friday prayers.

Gulf

Bahrain, France Sign Defense Cooperation Agreement

Sheikh Nasser bin Hamad Isa Al Khalifa, Bahrain's King Hamad bin Isa Al Khalifa, France's President Emmanuel Macron and Junior Minister at the Ministry of Defense, Alice Rufo, pose after signing a bilateral agreement at the Elysee Palace in Paris, France, February 6, 2026. (Thibault Camus/Pool via Reuter)
Sheikh Nasser bin Hamad Isa Al Khalifa, Bahrain's King Hamad bin Isa Al Khalifa, France's President Emmanuel Macron and Junior Minister at the Ministry of Defense, Alice Rufo, pose after signing a bilateral agreement at the Elysee Palace in Paris, France, February 6, 2026. (Thibault Camus/Pool via Reuter)
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Bahrain, France Sign Defense Cooperation Agreement

Sheikh Nasser bin Hamad Isa Al Khalifa, Bahrain's King Hamad bin Isa Al Khalifa, France's President Emmanuel Macron and Junior Minister at the Ministry of Defense, Alice Rufo, pose after signing a bilateral agreement at the Elysee Palace in Paris, France, February 6, 2026. (Thibault Camus/Pool via Reuter)
Sheikh Nasser bin Hamad Isa Al Khalifa, Bahrain's King Hamad bin Isa Al Khalifa, France's President Emmanuel Macron and Junior Minister at the Ministry of Defense, Alice Rufo, pose after signing a bilateral agreement at the Elysee Palace in Paris, France, February 6, 2026. (Thibault Camus/Pool via Reuter)

Bahrain and France signed on Friday a joint defense cooperation agreement during talks between King Hamad bin Isa Al Khalifa met with President Emmanuel Macron in Paris.

The French presidency said the agreement consolidates cooperation in the field of defense, training and exchange of strategic information.

“This agreement will ⁠also open ‌up ‍new ‍opportunities for industrial ‍cooperation in defense, and strengthen solidarity between our two countries in a ⁠global and regional geopolitical context marked by increasing tensions,” it added.

The agreement was signed by Bahrain’s National Security Adviser and Secretary General of the Supreme Defense Council Sheikh Nasser bin Hamad Al Khalifa and France’s Minister Delegate to the Minister of the Armed Forces and Veterans Alice Rufo.

Macron highlighted the depth of the historical relations between Bahrain and France, as well as the progress achieved across various domains in support of common interests, reported Bahrain’s state news agency (BNA).

For his part, King Hamad commended the French president’s keenness to strengthen relations between the two countries.

The talks also addressed means to bolster bilateral relations across all sectors to achieve shared interests.

Both sides commended the efforts of the Joint Bahraini-French High Committee. They highlighted the positive outcomes achieved in advancing cooperation and underlined the importance of continuing the committee’s work to expand cooperation across various domains.

The talks addressed regional and international developments, and efforts aimed at resolving conflicts through dialogue and diplomatic solutions and reducing tensions.