Month: July 2010

Prince Sattam chairs the meeting of the Supreme Executive Committee for Projects and Planning at the Riyadh Development Authority headquarters

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Reading time: < 1 MinuteThe Higher Committee for Projects and Planning recently held its 123rd meeting under the chairmanship of His Royal Highness Prince Sattam bin Abdulaziz, Acting Chairman of the Higher Executive Committee for Projects and Planning for Riyadh City, at the headquarters of the Higher Authority for the Development of Riyadh City in the Embassies neighborhood. The meeting was held at the headquarters of the Higher Authority for the Development of Riyadh City in the Embassies District, and was chaired by HRH Prince Sattam bin Abdulaziz, Acting Chairman of the Higher Executive Committee for Projects and Planning for Riyadh City. Read more

Real Estate Committee in Sharqiya discusses the idea of forming a reconciliation committee

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Reading time: < 1 MinuteThe real estate index in Riyadh jumped from last week for residential real estate according to the report of the first notary in Riyadh to 175% with a total value of 2.214 billion riyals, as the number of deals this week reached 1725 real estate deals, and the number of deals increased from last week, which recorded 1581 deals by 10%, and the Malacca neighborhood recorded the largest real estate deals ... Read more

Samba expects the construction sector to boom until the end of 2011

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Reading time: < 1 MinuteSamba's report on the Kingdom's main sectors expects the Saudi economy to recover from the semi-stagnation it witnessed last year and that the construction sector will achieve good performance during this year and next year, noting that the history of this sector is volatile and unstable during the past years, and the report explained that there are many contracts in 2009 ... Read more

Real estate oddities

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Reading time: < 1 MinuteA large real estate agent requires that the quest be in a sealed envelope that is not known what is inside, which the buyer opens when he arrives at his home. Comment(That's why they say the customer is like his brother and always right!) A buyer evades paying the commission so he puts the deed in his son's name or his wife's name so it's difficult to sue him. Comment(There is no way he will divorce his wife and he only has ... Read more

«Al Qasim» introduces 5 new investment opportunities

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Reading time: < 1 MinuteA large real estate agent requires that the quest be in a sealed envelope that is not known what is inside, which the buyer opens when he arrives at his home. Comment(That's why they say the customer is like his brother and always right!) A buyer evades paying the commission so he puts the deed in his son's name or his wife's name so it's difficult to sue him. Comment(There is no way he will divorce his wife and he only has ... Read more

Built on an area of 277,000 square meters in Dammam, Al Mostakbal Ceramics and Porcelain begins trial production this month

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Reading time: < 1 MinuteConstruction has been completed. The Second Industrial City in Dammam recently saw the final touches being put on the largest ceramic and porcelain production plant in the Eastern Province of the Kingdom of Saudi Arabia in terms of area, with a total area of (277,500) square meters. ””Al-Mustaqbal for Ceramics and Porcelain.” The project consists of two factories: one for ceramics and the other for porcelain. Each factory has two production lines, each 650 meters long, which … Read more

With a new concept of Arabian hospitality, Al Faisaliah Hotel expands its luxury facilities by adding 106 rooms

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Reading time: < 1 Minuteيفتتح فندق الفيصلية التابع لمجموعة روزوود في صيف هذا العام جناحه الجديد الذي يستند تصميمه إلى ثلاثة مفاهيم وهي العصرية والأناقة والتقنيات المتطورة. ويضفي الجناح الجديد الذي صممته سمو الأميرة العنود بنت خالد آل سعود، المالكة والمؤسسة لشركة الدار للتصميم ، مظهراً عصرياً جديداً على فندق الفيصلية بألوانه الزاهية ولمساته العربية التي تحمل الطابع الإسلامي. … Read more

«National Water» improves pumping levels and reduces tanker demand by 50%

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Reading time: < 1 Minute    أوضح مدير وحدة أعمال مدينة الرياض المكلف المهندس عبدالله بن عبدالعزيز الشايع بأن كميات المياه التي يتم ضخها في الشبكة بمدينة الرياض تتم وفقاً للمعدلات الطبيعية، مبينا أن ما تم تحقيقه من تحسينات مهمة في مجالات زيادة الكفاءة التشغيلية وتحقيق كفاءة أعلى في أعمال الصيانة أدى إلى تحسن مستوى الخدمات المقدمة لعملاء الشركة بمدينة الرياض. … Read more

Hotel occupancy in the city reaches 60 % and the average price is 650 riyals per room

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Reading time: < 1 Minute Riyadh Emlak The occupancy rate of hotels in Madinah reached about 60% at the end of last week, according to dealers in the hotel sector, to record an average of 62% last Wednesday, approaching the levels recorded before the start of the vacation seasons, while the average room rates for hotels (five-star category) were in the range of 650 ... Read more

* Amlak tours a number of neighborhoods and researches the historical reasons for its origins

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Reading time: 6 Minutes* How did the neighborhoods of Al-Shafa, Al-Suwaidi, Manfouha, and Al-Maseef come into being? * Al-Shafa... It began with settlers from Al-Hawta and Al-Hariq, and now 30% of its residents are wealthy and 50% are from disadvantaged backgrounds! * Al-Shafa residents want to stay in the neighborhood because of its educational, medical, and recreational services * The new Dirab Road has brought new life to Al-Shafa and is expected to raise real estate prices! * Al-Suwaidi... it used to be an area… Read more

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