Month: July 2010

“Emaar highlights its commitment to developing world-class projects at Cityscape Jeddah”

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Reading time: 4 MinutesJeddah, Saudi Arabia, June 5, 2010: Emaar Properties, a global real estate developer, and its subsidiary Emaar Middle East, which specializes in developing flagship projects in Saudi Arabia, are participating in the “Cityscape Jeddah,” one of the leading events in the real estate development and investment sector, taking place from June 7 to 9, 2010, at the ”Jeddah Center for Forums and Events.” During the event, … Read more

Governor signs implementation contract for 1062 housing units in Najran

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Reading time: < 1 MinuteGovernor Al-Diyad Signs Contract; Public Housing Authority to Build 1,062 Housing Units in Najran The Public Housing Authority, represented by its President, Dr. Shuwaish bin Saud Al-Duwaihi, signed a contract to construct 1,062 housing units in the Najran region. During his meeting with senior officials at the Authority, where he reviewed the contract details, the stages of handover and delivery, and the overall specifications of the residential units, the governor explained that the implementation… Read more

Global report predicts an accelerated pace of recovery of 10% Saudi real estate posts the highest gains in the Middle East

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Reading time: 2 MinutesJones Lang LaSalle, a leading global real estate services firm specializing in consulting and property management and the largest of its kind in the Middle East, that the Kingdom’s real estate sector will achieve gains of up to 10% over the next twelve months, far exceeding the expected growth rates in the real estate sectors of other Middle Eastern markets. A study conducted by … Read more

Al Hammadi calls for the establishment of a contractors' association to develop and improve the conditions of the contracting sector

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Reading time: < 1 MinuteRiyadh Real Estate Fahad Al-Hammadi, a member of the Riyadh Chamber of Commerce Board of Directors and Chairman of the Contractors Committee, stated that the idea behind establishing the Saudi Contractors Association is to help develop the contracting sector to ensure its active participation in the planning and implementation of construction programs within development plans, in addition to developing human resources and the work environment to keep pace with regional and global developments, thereby ensuring the protection of workers’ interests … Read more

Awarding vital projects to implement the first phase of the strategic water plan in Riyadh worth (1,250 million)

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Reading time: 2 MinutesThe National Water Company has awarded contracts for nine projects under the Strategic Water Plan for the city of Riyadh, with a total cost exceeding 1.25 billion riyals. The company stated that its board of directors recently approved the awarding of these projects as part of the company’s preparations to fully utilize the water from the Ras Al-Zour desalination plant, which is operated by the Saline Water Conversion Corporation. The expected quantities are estimated … Read more

A training course to ensure rights in a market worth SAR 322 billion and 40% of real estate disputes lie in the ambiguity of contract clauses

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Reading time: < 1 MinuteJeddah – Amlak: 100 real estate professionals participate in the first specialized training course in Jeddah on securing real estate rights, with the aim of preserving the massive Saudi real estate market, valued at 322 billion riyals, which is the largest in the Gulf and Arab regions, amid the complexities that cast a shadow over real estate transactions, particularly in legal aspects due to the variety of transaction types, whether through ownership transfer, … Read more

1022 furnished residential units in Riyadh

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Reading time: 3 Minutes1,022 furnished residential units in Riyadh, two of which received a first-class rating; 13 regions in the Kingdom are absent from the first-class classification map for furnished apartments; 105 furnished residential units fail to meet the minimum standards 711 unlicensed furnished apartments in the Riyadh region Riyadh – Amlak Results of the second phase of the accommodation sector classification revealed … Read more

Public Authority for Housing revitalizes the contracting market by offering 8404 housing units and approves the construction of 576 new housing units in Makkah, Madinah and Al Baha

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Reading time: < 1 MinuteRiyadh – Amlak: Dr. Shuwaish bin Saud Al-Duwaihi, Governor of the General Authority for Housing in Saudi Arabia, signed contracts for the construction of 576 housing units in the Makkah, Madinah, and Al-Baha regions at the General Authority for Housing headquarters in Riyadh. During the signing ceremony, he emphasized the government of the Custodian of the Two Holy Mosques’ commitment to everything that serves the citizens in various fields, explaining that … Read more

In the presence of a number of government agencies and the private sector, Justice organizes the first technical forum for judicial and documentation facilities

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Reading time: < 1 MinuteRiyadh – Amlak: Dr. Muhammad bin Abdulkarim Al-Issa, Minister of Justice, sponsored the First Technical Forum for Judicial and Notarial Authorities on Sunday, 15/07/1431 AH, at the Makarem Ballroom in the Marriott Hotel in Riyadh. Mr. Majid bin Ibrahim Al-Adwan, Acting Director General of the General Administration of Information Technology, stated that this forum, held under the patronage of His Excellency the Minister of Justice, included among its agenda items: a plan … Read more

Implemented by Tamkeen with innovative designs, the White Houses project provides 64 housing units in Dhahran

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Reading time: < 1 MinuteDammam – Amlak: At its most recent meeting, the Board of Directors of Tamkeen reviewed the progress of the housing projects the company is implementing in several cities in the Eastern Province, noting that they are proceeding according to plan. Ihsan Abduljawad, Chairman of the Board of Directors of Tamkeen Real Estate Investment and Development Company, confirmed the success of the meeting, noting that the progress of the work was reviewed … Read more

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