Ministry of Justice completes 11425 commercial cases during the current Hijri year

Riyadh Commercial Court - Ministry of Justice

Posted in

The Ministry of Justice through the commercial courts and departments in the Kingdom completed 11425 commercial cases during the current year 1441 H. The Riyadh region topped the list with 5887 cases, followed by Makkah with 4839 cases, Sharqiya with 2450 cases, and Medina with 717 cases.

Ministry of Justice through the commercial courts and departments in the Kingdom completed about 11425 commercial cases during the current year 1441 H, and the Riyadh region topped the list with 5887 cases, followed by Makkah Al-Mukarramah with 4839 cases, Sharqiya with 2450 cases, and Medina with 717 cases. The commercial courts have strengthened the business environment by providing an economic climate of confidence, stability and preservation of rights, encouraging and incentivizing investment in the Kingdom, and supporting the economic development movement in line with the objectives of the Kingdom's Vision 2030.

A package of decisions taken by the Ministry of Justice and the Supreme Judicial Council led to the speedy issuance of commercial judgments and maintaining their quality, including the decisions approved by the Minister of Justice to add an article to the executive regulations of the Sharia Procedures Law, setting the date of consideration of commercial cases not to exceed 20 days from the date of registration of the case, in addition to limiting the number of total sessions so that the consideration of commercial cases does not exceed 3 sessions.

Some links to news and reports from Amlak Real Estate Newspaper Issue 187

Ministry of Justice - Real Estate Projects - Investment Opportunities -

Real Estate Finance - Aramco Shares - Building and Construction - Ministry of Justice

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

Minister of Commerce and Investment allocates land in Riyadh, Jeddah and Sharqiya to establish international exhibition and conference centers

The Administrative Judiciary Council decides to amend the wording of the project to consider grievances against real estate expropriation decisions

“Tourism Authority” enumerates the advantages of the National Tourism Monitoring Platform at the Riyadh Chamber

Public Authority for Real Estate inaugurates its new headquarters and discusses the latest developments of the real estate registration projects, real estate brokerage, and real estate contributions

Residential platform receives more than 15 million visits, including 702 thousand downloads of the application

The Kingdom's transportation sector jumps to first place in the world in terms of ease of doing business

Al Rajhi REIT acquires educational properties with a purchase value of 210 million riyals

Malakia Investment Company acquires Riyadh hotel apartments worth 50 million riyals

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

Ejar program closes 2019 with 570,000 leases and 48,000 inspections

Minister of Housing calls on the private sector to support the Good Housing Initiative

Ministry of Justice

Minister of Housing during the budget program: 14 billion riyals for the building technology incentive program and support for Saudi construction factories

Minister of Housing during the budget program: We exceeded the 2019 targets. “Completion” approved 99 plans. The owners" association system will be issued soon

Majid Al-Haqeel: 1.8 billion riyals of white land fees to be pumped into infrastructure projects in the housing sector

Al Rajhi Bank Concludes Corporate Credit Risk Management Program

Ministry of Finance Signs Agreement with Saudi Investment Bank to Develop Covenant Disbursement Method

CMA approves 30% shares of Amlak International Real Estate Finance

Enmaa Bank Passes Global Business Continuity Benchmark

Reports expect 1.22 million homes to be financed during Vision 2030

Analysis. Saudi REITs are positive for 9 months

Analysis

As of the end of November 2019, more than 69 billion riyals worth of mortgage loans to individuals from financial institutions

Shura Council calls on Kafalah to develop financing incentives to encourage investment in industry, technology and services

Public Pension Corporation intends to develop and invest 100 thousand square meters. In agreement with Riyadh Capital

UNDP provides technical support for ”Development Housing" initiatives

Rusaifa Jewel Housing Project on schedule

12 banks and 5 finance companies shortened the mortgage journey

Housing program offers its services to employees of the Ministries of "Trade“ and ”Municipality and Rural Development"

Ministry of Justice

Ministry of Justice