1.8 billion riyals from white land fees will be used for infrastructure projects in the housing sector, says Majid al-Huqail

Majid Al-Hogail - Budget Meeting - Real Estate Loans - White Lands

Posted in

<During an interview with Al-Ekhbariya channel on the budget meeting program, Housing Minister Majid Al-Hogail explained that 1.8 billion riyals from white land fees have been pumped into infrastructure projects in the housing sector. He pointed out that 400 million square meters of white lands have been invoiced in 4 cities (white lands)

He stressed that the program motivates owners to develop real estate. He added that the ministry focuses on stimulating supply in the housing market, noting that there are 350,000 to 400,000 housing units entering the market annually, some for ownership and others for rent. He explained that there are 3 elements that ensure efficient supply and demand, including the speed of obtaining licenses and flexible regulations, in addition to the presence of development capabilities and access to financing.

Regarding the Ejar program, the minister explained that 400,000 contracts have been documented in Ejar and this has encouraged the regulation of the relationship between the lessor and the tenant.

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

Real Estate Show - Real Estate Projects - Investment Opportunities - Real Estate -

Aramco Stocks - Building & Construction - Real Estate Showcase

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

Riyadh to host international engineering conference and exhibition next March

Real estate marketing is an applied science based on four pillars

5,000 projects revitalize Saudi Arabia's construction sector worth more than 6 trillion riyals

«Municipality and Rural Area» approves the development of (12) technical requirements for buildings and service facilities

"Municipality and Rural Area

Saudi Real Estate Institute organizes real estate marketing course in Makkah

IPS International Real Estate Exhibition in Riyadh reviews real estate investment opportunities in Egypt

Ministry of Housing says goodbye to 2019 by serving 300,000 families who benefited from housing and financing

Ministry of Housing Amlak surveys: 80 % investors are decimated by real estate built with financing and not rented

أخبار البنوك الواردة في العدد 186 من صحيفة أملاك العقارية

The General Authority for Small and Medium Enterprises "Monsha'at" launches new products through the financing guarantee program

Editor-in-Chief Abdulaziz Alissa writes: Aramco and real estate

Governor of the Real Estate Authority: The comprehensive strategy for the real estate sector launched 45 initiatives to achieve organizational and development goals

The amendment included the registration of properties within the Authority. King Salman issues royal decree amending the organization of the Economic Cities Authority

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 dismiss merger idea

White Land

Al Ahli Bank is named "Best Express Bank" for 2019

Al Ahli Bank is named “Best Express Bank” for 2019

5,000 projects revitalize Saudi Arabia's construction sector worth over 6 trillion riyals

SAMA rolls out licensing rules for activities supporting public finance

STC wins Middle East Service Provider of the Year Award for Excellence, Innovation and Solution Delivery

STC

Ministry of Justice launches electronic inquiry service for declarations through Najiz portal

Ministry of Justice

Enmaa Bank increases its capital to 20 billion riyals by 33.31%

The value of projects in the "Forsa" platform exceeded 416 million riyals. The number of establishments in the platform rises to 8645 establishments

"Residential Program": 40,222 families benefited from housing solutions Among them, 14,575 families moved into their homes last November

<p class="p

DLD supports property management companies to enhance service excellence for tenants

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

White Lands

Ministry of Housing starts implementing the initiative to support Ministry of Education employees with a good loan of up to 85 thousand riyals... tomorrow, Monday, December 16

International Real Estate Exhibition IPS concludes and Riyadh showcases real estate investment opportunities in Egypt

G20 Development Group launches in Riyadh and discusses financing for sustainable development

G20 Development Group launches in Riyadh and discusses financing for sustainable development

Important tips and rules before starting to invest in real estate, and the preference to invest in buildings and urban neighborhoods

Tips and rules before starting to invest in real estate.

Under the patronage of the Emir of the region. Eastern Chamber organizes "Qatif Investment Forum 2019" ... Monday, December 23

Saudi Real Estate Institute organizes a training course entitled "Owners Union" in cooperation with Jeddah Chamber

IPS International Real Estate Exhibition kicks off on Thursday in Riyadh with the participation of 13 real estate companies

Ministry of Housing says goodbye to 2019 by serving 300,000 families. And congratulations to 106 thousand families who actually lived in their homes

Ministry of Housing

IPS International Real Estate Exhibition kicks off tomorrow in Riyadh with 13 real estate companies participating

International Real Estate Exhibition "IPS" kicks off tomorrow

International Real Estate Show "ips" kicks off tomorrow Thursday at the Fairmont Riyadh Hotel. And 12 Egyptian developers at the exhibition

Updating and developing technical requirements for buildings and spaces of private schools, warehouses, gas stations and private hospitals

Sustainable Building Program Issues 50 Certificates of Qualification for Green Level "Sustainable" last November

Ministry of Housing presents regulatory and development housing programs at Makkah Chamber

Itqan Real Estate's first rental auction realizes 25 million riyals

1.020 تريليون ريال هي ميزانية المملكة للعام 2020.. The expected revenues are 833 billion riyals ... and the deficit is 187 billion riyals

Ministry of Housing denies news of canceling white land fees

White Land