Month: August 2010

Eastern Chamber reviews investments in vital sectors

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Reading time: 3 MinutesAn economic report issued by the Economic Affairs Sector of the Information Center at the Eastern Chamber called for more investments in the vital sectors in the Eastern Province, and work to develop and raise the economic efficiency of existing activities by providing more basic equipment and necessary services, in addition to developing the productive base and directing investment to unexploited sectors and new activities in the region. Read more

versus a year-on-year rise of 7% Colliers International: Dubai home prices fell 4% in the second quarter

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Reading time: 2 MinutesAverage house prices in Dubai fell slightly, according to Colliers International's Dubai House Price Index, for the second quarter of this year. The index recorded a 4% decline in house prices since the first quarter of this year, the first contraction recorded on a quarterly basis in 12 months. The company said in a statement yesterday that the index ... Read more

First company outside of the U.S. to receive Green Seal eco-label for its products”

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Reading time: 2 MinutesThree decades of agricultural and urban development The launch of the Agricultural Machine Group Limited to include three companies The Agricultural Machine Group Limited, which includes three companies, namely Agricultural Machine, Machine for Water Technology and Arwini Trading and Contracting, was recently launched after the great success achieved by the sister companies over the past three decades, during which they established a commercial name ... Read more

Emir of Riyadh: Diriyah's World Heritage status confirms the Kingdom's historical status

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Reading time: < 1 MinutePrince Salman bin Abdulaziz, Governor of Riyadh and Chairman of the Supreme Committee for the Development of Diriyah, said that the registration of the historical site of Diriyah in the World Heritage List reinforces the historical value of the Arabian Peninsula as an ancient home for diverse human civilizations, after UNESCO announced two years ago the inclusion of the site of Mada'in Saleh in the World Heritage List. He said that the UNESCO World Heritage Committee's approval of the ... Read more

“HC raises its industry growth forecast to 35% between 2010 and 2014 Report: New real estate finance facilities in Saudi Arabia support lending activity

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Reading time: < 1 MinuteHC Brokerage & Research has raised its forecast for real estate finance growth in Saudi Arabia from 25 percent to 35 percent from 2010 to 2014. The HC report attributed the increase to several factors, including amendments to the structure of the Ijarah program and the introduction of new facilities to the financing sector, such as the option of renting with the aim of ... Read more

Royal Commission launches the seventh edition of the building directory in Jubail Industrial City

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Reading time: < 1 MinuteThe Royal Commission launches the seventh edition of the construction guidebook in Jubail Industrial CityThe Projects Department of the Royal Commission in Jubail launched the seventh edition of the construction guidebook in Jubail Industrial City after it was developed and directed to keep pace with the urban and industrial renaissance that the city is experiencing, and the Director of the Projects Department at the Royal Commission explained that this simplified guide was prepared to help the sector ... Read more

The cost of construction and equipment is 100 million riyals The tender for the construction of the College of Hospitality and Tourism in Taif will be launched soon

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Reading time: 2 Minutes   Prince Khalid Al-Faisal and Prince Sultan bin Salman lay the foundation stone of the College of Hotel and Tourism in Taif Taif - Ismail Ibrahim The study and training at the College of Hotel and Tourism in Taif Governorate will start next training year in the building of the Technical College until the completion of the project, which the General Organization for Technical and Vocational Training embarked on the steps of its implementation, as the review of ... Read more

Abha's summer between high prices and Ramadan.

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Reading time: 5 MinutesMost of the vacationers are from Riyadh and internet services are the most important requirements. Al-Souda, Al-Halba, Al-Qara'a and Al-Fara'a are the most important parks for vacationers. Kuwaiti tourist: Abha is the best in the Gulf due to the availability of tourist elements. Vacationer from Qassim : The tent is an alternative to the high rent. A number of owners and workers in the management of hotels and furnished apartments emphasized the weak demand for Abha summer this season compared to previous seasons ... Read more

Municipal council recommends relocating factories outside Riyadh Cement factory smoke chokes eyes, trucks disturb residents

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Reading time: 3 MinutesAllergies, lung and chest infections are the most prominent diseases Factories affect vegetation cover and prevent families from enjoying gardens within neighborhoods Negative effects on prices and neighborhoods are not suitable for healthy living. Factory dust reaches 5 kilometers axial. Investigation / South of Riyadh and specifically on ... Read more

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