Month: March 2013

Bank Al Jazira rewards customers with financing programs at Jeddah Property Show

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Reading time: < 1 MinuteJeddah - Amlak Bank Al Jazira rewarded its customers with the best special offers within its diverse range of real estate financing programs that offer financing solutions suitable for all segments of the island's customers during its special booth at the Jeddah Real Estate, Finance and Housing Exhibition, which concluded recently at the Jeddah Events and Forums Center. For his part, Khalid Al-Othman, Senior Vice President and Head of the Banking Services Group, ... Read more

Dar Al Tamleek's active participation in the Jeddah Property Show

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Reading time: < 1 MinuteJeddah - Amlak Dar Al Tamleek, specialized in housing finance solutions, achieved active participation in the Jeddah Real Estate, Finance and Housing Exhibition (JREX), which was held from March 18 to 21, 2013. Dar Al Tamleek's participation in the Jeddah Real Estate Exhibition came in fulfillment of its vision to communicate directly with its customers and showcase its housing finance products that keep pace with the current changes, ... Read more

”ASAS Trans Gulf signs agreement for commercial tower project in Al Khobar

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Reading time: < 1 MinuteKhobar - Amlak ASAS Trans Gulf Real Estate Investment Company (AGRIC) has recently signed an agreement for the final engineering and consultancy studies for its tower project in Al Khobar, Eastern Province, which was signed during Cityscape Jeddah 2013. The project consists of a multi-storey office building and commercial galleries in a distinctive location on the waterfront of Al Khobar city, and the agreement was signed by ASAAS CEO ... Read more

More than 50 billion dirhams total Dubai real estate transactions

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Reading time: < 1 MinuteDubai-Agencies The total value of commissions received by real estate brokers individuals and companies in Dubai amounted to about one billion dirhams during the past year, according to real estate deals for brokers registered in the Real Estate Regulatory Agency, the regulatory arm of the Dubai Land Department, and the real estate broker charges a fee for his success in concluding the deal by 1% of the value of the deal unless the agreement between the two parties ... Read more

Jeddah Municipality threatens to close engineering offices that violate professional requirements

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Reading time: < 1 MinuteDubai-Agencies The total value of commissions received by real estate brokers individuals and companies in Dubai amounted to about one billion dirhams during the past year, according to real estate deals for brokers registered in the Real Estate Regulatory Agency, the regulatory arm of the Dubai Land Department, and the real estate broker charges a fee for his success in concluding the deal by 1% of the value of the deal unless the agreement between the two parties ... Read more

Coordination between the Ministries of Commerce and Justice: State's keen interest in finalizing defaulted contributions and providing a fair assessment

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Reading time: 2 MinutesRiyadh - Amlak The government of the Custodian of the Two Holy Mosques shows great interest at the highest levels to end the issue of stalled contributions forever and deliver the rights to their owners, and the pace of offering stalled contributions to investors has increased in the recent period, with the Ministry of Justice cooperating with the Ministry of Commerce and Industry in finalizing land emptying procedures, where emptying has reached the highest levels by implementing 20 emptying per day. ... Read more

In a circular: Riyadh Chamber: Riyadh Chamber: Requiring classification in contractor alliances to implement government projects

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Reading time: < 1 MinuteRiyadh-Amlak The Riyadh Chamber of Commerce clarified that the decision of His Highness the Minister of Municipal and Rural Affairs regarding the solidarity of contractors in the implementation of government projects includes that if two or more contractors have solidarity in the implementation of a project, each of the solidarity must be classified in the field of implementing the project or at least one of them and the degree required for its implementation, and the degree of classification of any of the solidarity ... Read more

250 projects approved for credit in the excellence, invention and startup tracks

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Reading time: < 1 MinuteRiyadh - Amlak The Saudi Credit and Savings Bank confirmed the approval of nearly 250 projects during the months of Rabi'II and Jumada I 1434 AH, worth more than (76) million riyals, as part of the bank's support and financing for small and emerging projects for the ”Masarat” program. The bank's spokesperson, Mr. Ahmed Al-Jabreen, explained that the bank has ... Read more

Green Building seeks to create a high-efficiency building industry division

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Reading time: < 1 Minute    Riyadh-Amlak The development of a highly efficient green building division aims to preserve the Saudi identity and environmental heritage, and protect and promote the components of sustainable urban development, said Dr. Ghazi Al-Abbasi, Secretary General of the Saudi Engineers Association. This was explained by Dr. Ghazi Al-Abbasi, Secretary General of the Saudi Board of Engineers, at the first meeting of the Green Buildings Division, which was held recently at the headquarters of the Saudi Board of Engineers in Riyadh ... Read more

“Housing” gets one-third of its land needs

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Reading time: < 1 Minute     Riyadh-Amlak The actual number of lands obtained by the Ministry of Housing amounted to about one-third of its needs to establish housing projects that are currently being implemented in a number of regions of the Kingdom, in implementation of the Supreme Order to implement half a million housing units estimated at a cost of 250 billion riyals, according to an official source at the Ministry of Housing. This was revealed by an official source at the Ministry of Housing in a press statement, ... Read more

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