The Saudi Real Estate Institute, the academic and knowledge arm of the General Authority for Real Estate, in cooperation with the Building Technology Stimulation Initiative, announced the launch of its first courses in building technologies, entitled "Introduction to Modern and Innovative Building Technologies".
The course aims to stimulate demand for construction technologies by raising awareness and enhancing knowledge within the sector, fostering a fresh perspective on these technologies, improving the effectiveness of decisions related to project costs and labor recruitment, and developing trainees' understanding of the benefits of replacing traditional technologies with modern ones. This course also serves as an introduction to the most prominent technologies that the Construction Technology Stimulation Initiative is working to disseminate and adopt in projects, such as insulated concrete formwork, tunnel formwork, lightweight concrete, lightweight steel structures, precast concrete units, precast insulated concrete, and lightweight steel units. These courses are part of the General Authority for Real Estate and the Institute's efforts to develop programs that can be used to build capacity and raise professional standards in the Kingdom's real estate sector to the highest levels by training and qualifying real estate market professionals.
Links to selected real estate news articles from issue 175 :
Property inspection – Construction techniques – Real estate – Property inspection – Construction techniques
Riyadh Chamber of Commerce hosted an introductory meeting on the ”Ejar" program, explaining the benefits and advantages of the unified lease agreement for the commercial real estate sector.
The "Real Estate Unit Sorting" program completes the sorting of more than 24,000 real estate units in the first half of 2019
The system, consisting of 33 articles, was approved by the Shura Council as part of the draft law on real estate unit ownership and subdivision.
The Sakani program announces more than 13,000 beneficiaries of housing and financing options.
The Ministry of Finance launches 4 electronic services through the ”Etimad" digital platform to facilitate financial procedures and transactions.
The White Land Program has obtained more than 1,200 payment orders for total areas exceeding 411 million square meters.
The Government Services Observatory has outlined four steps for identifying and publishing services, providing a roadmap for digitizing transactions.
Construction techniques
For the fourth consecutive month, Integrated Telecom Company (ITC) tops the speed index for May 2019.
The Saudi Arabian Monetary Authority (SAMA) launches the national electronic platform for business invoices, “Esal Platform”.
The Developers Services Center "Etmam" intensifies its preparations for implementing the electronic link for issuing building permits and meets with a number of municipalities.
The ”Sakani" program invites beneficiaries whose income exceeds 14,000 riyals to visit the “Support Calculator” electronically.
The strength of the Saudi financial system was confirmed as the Kingdom secured its permanent seat in the Financial Action Task Force (FATF).
Valued at approximately $230.786 billion, foreign direct investment has grown thanks to economic diversification in Saudi Arabia.
Abdul Latif Jameel Land Company begins construction of 158 residential apartments in the ”Dari Q" residential complex
During the auction held by Itqan Real Estate Company, Nomo Assets Investment Company purchased Riyadh Gallery Center for 976.5 million riyals.
The Saudi Stock Exchange (Tadawul) approves the listing of shares of Al-Nayifat Finance Company for public subscription.
Penalties include fines. The committee reviewing the accredited appraisers system has identified 50 violations, and those found in violation will be struck off the register.
The Real Estate Development Fund adopts an amendment to the mechanism for supporting beneficiaries of real estate loans, aiming to increase the monthly support percentage.
Construction techniques
