Arabian Business Saudi Arabia recognizes Riyad Bank as “Fastest Growing Bank in 2019”

Riyad Bank - Off-plan Selling - Real Estate Finance

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Arabian Business Saudi Arabia magazine awarded Riyad Bank the title of “Fastest Growing Bank in 2019“ at a ceremony recently held at the Ritz-Carlton Hotel in Riyadh, attended by numerous CEOs from various sectors including technology, education, banking, finance, tourism, and healthcare. (Real Estate Finance)
Tariq bin Abdulrahman Al-Sadhan, CEO of Riyad Bank, said that the award comes as a culmination of the package of achievements that were accomplished during the year, which resulted from the 2022 transformation strategy that we launched at Riyad Bank as a roadmap towards the future of our business.

It is worth noting that during 2019, Riyad Bank achieved growth in profits for the first nine months, exceeding 66 percent compared to the same period last year. Riyad Bank’s brand also witnessed an increase in its value, advancing three places in the ranking of the most valuable brands in the Kingdom and the Middle East.

Some links to news and reports from Amlak Real Estate Newspaper, Issue 186

Real estate financing – Real estate projects – Investment opportunities – Properties

Aramco shares – Construction and building – Real estate financing

Editor-in-Chief Abdulaziz Al-Issa explains the story behind the logo of Amlak Real Estate newspaper.

Riyadh will host the International Engineering Conference and Exhibition next March.

Real estate marketing is an applied science based on four fundamental pillars.

5,000 projects are revitalizing the Kingdom's construction sector with a value exceeding 6 trillion riyals.

The Ministry of Municipal and Rural Affairs approves the development of (12) technical requirements for buildings and service facilities.

The Saudi Real Estate Institute is organizing a real estate marketing course in Mecca.

The International Real Estate Exhibition (IPS) in Riyadh showcases real estate investment opportunities in Egypt.

The Ministry of Housing concludes 2019 having served 300,000 families who benefited from housing and financing.

It developed its website... Amlak surveys: 80% of investors are ruined by financed but unrented properties.

Banking news included in issue 186 of Amlak Real Estate newspaper

The General Authority for Small and Medium Enterprises (Monsha’at) launches new products through the financing guarantee program.

Editor-in-Chief Abdulaziz Al-Issa writes: Aramco and Real Estate

The Governor of the Real Estate Authority: The comprehensive strategy for the real estate sector has launched 45 initiatives to achieve regulatory and developmental goals.

The amendment included registering properties within the authority... King Salman issues a royal decree amending the regulations.  Economic Cities Authority

The International Building and Interior Design Exhibition "SIDEX" kicks off in Dhahran with the participation of 100 specialized companies

National Commercial Bank and Riyad Bank abandon the idea of merging

Real Estate Exhibition

National Bank of Egypt wins the "Best Bank for Fast Money Transfers" award for 2019

5,000 projects are revitalizing the Kingdom's construction sector with a value exceeding 6 trillion riyals.

The Saudi Arabian Monetary Authority (SAMA) introduces licensing rules for activities supporting public finance.

STC  It won the award for Best Service Provider in the Middle East in terms of excellence, innovation, and solutions delivery.

The Ministry of Justice launches an electronic inquiry service for declarations via the ”Najiz" portal.

Alinma Bank increases its capital to 20 billion riyals, representing an increase of 33.31 TP3T

Project Value  The ”Opportunity" platform has exceeded 416 million riyals, and the number of establishments on the platform has risen to 8,645.

”Sakani Program": 40,222 families benefited from housing solutions… including 14,575 families who moved into their homes during last November

Dubai Land Department supports property management companies to enhance excellent service for tenants

Ministry of Justice: Notarized contracts, commercial papers, judgments and court decisions within the "Nafith“ platform

Real estate financing

The Ministry of Housing begins implementing an initiative to support Ministry of Education employees with an interest-free loan of up to 85,000 riyals.  Tomorrow, Monday, December 16th

The International Real Estate Exhibition (IPS) concludes its activities in Riyadh, showcasing real estate investment opportunities in Egypt.

The G20 Development Team launches its work in Riyadh and discusses financing sustainable development.

Important tips and guidelines before starting real estate investment... and the advantage of investing in buildings and urban neighborhoods.

Under the patronage of the region's governor, the Eastern Province Chamber of Commerce is organizing the "Qatif Investment Forum 2019" on Monday, December 23.

The Saudi Real Estate Institute is organizing a training course entitled "Owners' Association" in cooperation with the Jeddah Chamber of Commerce.

The International Property Show (IPS) kicks off today, Thursday.  In Riyadh, with the participation of 13 real estate companies.

The Ministry of Housing concludes 2019 having served 300,000 families... and congratulations to the 106,000 families who have already moved into their homes.

The International Property Show (IPS) kicks off tomorrow.  In Riyadh, with the participation of 13 real estate companies.

International Real Estate Exhibition  ”IPS" kicks off tomorrow, Thursday, at the Fairmont Hotel in Riyadh… and 12 Egyptian development companies will be participating in the exhibition.

Updating and developing the technical requirements for private school buildings and spaces, warehouses, gas stations, and private hospitals

The Sustainable Building Program issued 50 green level qualification certificates in November.

The Ministry of Housing presents its regulatory and developmental housing programs at the Makkah Chamber of Commerce.

Itqan Real Estate Company's first rental auction achieves 25 million riyals

The Kingdom's budget for 2020 is 1.020 trillion riyals, with expected revenues of 833 billion riyals and a deficit of 187 billion riyals.

The Ministry of Housing denies reports of canceling fees on undeveloped land.

Real estate financing