The Ministry of Municipalities and Housing and the General Authority for Competition sign a memorandum of cooperation to enhance integration in market regulation and raise the efficiency of the sector.

Monday 08 June 2026
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The Ministry of Municipalities and Housing signed a joint memorandum of cooperation with the General Authority for Competition today, on the sidelines of the "Cityscape Global 2025" exhibition held in Riyadh from November 17 to 20. .

The memorandum aims to enhance coordination between the two sides in the areas of protecting fair competition in the real estate and construction sector, and to raise the level of integration in the exchange of data related to contractors and classified establishments, in a way that contributes to improving market efficiency and compliance with relevant regulations. .

The memorandum includes cooperation in a number of areas, including the exchange of information on violations observed among contractors in government projects, enabling the ministry to take regulatory measures in accordance with the contractor classification system and its implementing regulations, in addition to establishing secure electronic channels for data exchange and defining access controls and confidentiality levels. .

The memorandum also includes the preparation of periodic studies and joint performance indicators to measure market efficiency and the level of competition, and the exchange of their results to support decision-makers and develop regulatory policies, thereby promoting fair competition practices and raising the level of quality in urban development projects. .

The signing of the memorandum of cooperation comes within the framework of the Ministry of Municipalities and Housing and the General Authority for Competition's keenness to strengthen government partnerships to raise market efficiency, improve the work environment in the construction and urban development sectors, and support compliance with regulations in a way that contributes to enhancing competitiveness and achieving the goals of sustainable development in the Kingdom. .

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The Kingdom of Saudi Arabia