RIYADH: Saudi Arabia’s Ministry of Municipalities and Housing announced the offering of over 13,000 investment opportunities through the “Fursah” portal for investment in Saudi cities during the first half of 2026.

The total value of contracts signed through the portal exceeded SR4.6 billion ($1.22 billion) as part of its efforts to enhance municipal investment and improve the efficiency of utilizing municipal assets across the Kingdom.

The ministry explained that the opportunities offered in the municipal sector included the development and operation of municipal assets, service facilities, and other services.

This allows the private sector to view available prospects and apply for them through unified and transparent procedures, contributing to enhanced competitiveness, increased investment efficiency, and the development of partnerships with investors.

It added that the “Fursah” portal enables investors to electronically access and apply for opportunities across cities and governorates nationwide, streamlining the investment process and improving the management of government assets and facilities.