Month: March 2013

Credit Suisse denies refusing to lend to bank debtors

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Reading time: < 1 Minute     The director of the Public Relations and Media Department at the Saudi Credit and Savings Bank, Ahmed bin Abdulaziz Al-Jabreen, denied that the bank refrains from lending to bank debtors. He emphasized that there is no condition in the bank that requires preventing citizens who have debts with banks from benefiting from social loans and pointed out that the Saudi Credit and Savings Bank ... Read more

Custodian of the Two Holy Mosques orders infrastructure for Jazan Economic City

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Reading time: 2 Minutes     Riyadh - Agencies The Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz issued an order to the Ministry of Petroleum and Mineral Resources to baptize Saudi Aramco, which is currently implementing the Jazan refinery project and the electric power plant for Jazan Economic City, to carry out the infrastructure works needed by Jazan Economic City in the first phase, in order to achieve the urgent need for development ... Read more

Dozens of women's projects for businesswomen in Al-Ahsa'a

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Reading time: 2 Minutes  Al-Ahsa - Amlak Women's projects in Al-Ahsa have achieved high jumps, as the number of projects submitted to the «National Entrepreneurship Institute for Business» project from Al-Ahsa girls so far reached 50 women's projects, as Al-Ahsa girls turned to self-employment and the establishment of small projects, and their interest in work and its directions expanded and are no longer limited to seeking or waiting for a job, whether from the private or governmental sector ... Read more

Riyadh Chamber discusses housing and localization issues

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Reading time: < 1 MinuteThe Contractors Committee at the Riyadh Chamber, headed by Board Member and Chairman of the Committee, Mr. Fahad Al-Hammadi, discussed the committee's readiness to organize the second forum for construction and projects, which is being prepared to be held during the current year, which addresses issues of interest to the construction sector in the Kingdom through several axes, including the role of the contracting sector in housing projects, the reality of the sector and its future and ... Read more

Saudi-Sudanese Business Council discusses joint investments

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Reading time: 2 MinutesKHARTOUM-Agencies The Saudi-Sudanese Joint Business Council will hold an important session in Khartoum in the coming days to prepare for the two countries' investment forum to be hosted by Riyadh from April 13 to 14, 2013. The Saudi side will be headed by Sheikh Saleh Kamel, while the Sudanese side will be headed by Saud Al-Breer. For his part, Al-Breer, president of the General Federation of ... Read more

With the participation of a group of national and foreign experts : Tourism Investment Forum discusses the future of serviced residences

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Reading time: < 1 MinuteRiyadh-Amalak A workshop entitled “The Reality of Investment in Furnished Residential Units” will be held on April 2, 2013 as part of the activities of the sixth edition of the Saudi Travel and Tourism Investment Forum 2013, organized by the Saudi Commission for Tourism and Antiquities (SCTA), at the Riyadh International Exhibition and Convention Center, where the SCTA called on investors in the furnished residential ... Read more

A quantum leap for domestic tourism in 2013: President of the Tourism Authority: Decisive decisions coming soon to support national tourism and the antiquities sector

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Reading time: 2 MinutesRiyadh-Amlak Domestic tourism is witnessing a great movement to implement the largest tourism paradigm shift in the Kingdom, with the adoption of a number of important decisions, as the coming period of this year witnesses decisive decisions regarding the support of national tourism as well as the antiquities and museums sector, as well as the establishment of specialized and large companies that promote this sector, which is based on the citizen's arms, which contributes to reducing ... Read more

Speculation in vacant land within the urban area prevents 50% of it from being used for residential purposes

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Reading time: 5 MinutesA large number of real estate professionals have raised the issue of non-independent white lands within neighborhoods. These white areas of land are fully serviced but have not been built to cover the housing need of individuals as they can cover the housing need for years to come, and logic dictates that the state has spent millions of riyals to connect services to these lands in order to develop them and implement housing units on them ... Read more

It witnessed the participation of finance, housing and design organizations: ”Maskan” exhibition for finance, construction and design concludes as a promotional platform for residential units, financing and design

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Reading time: 4 MinutesThe state has spent millions of riyals to connect services to these lands in order to develop them and implement housing units on them instead of turning them into a commodity to be bought and sold. Businessmen and realtors called for official intervention to curb real estate speculation after the land was turned into investment commodities. Read more

A night of loyalty and honor for the former Riyadh Chamber Board of Directors and Sheikh Al Juraisi

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Reading time: < 1 MinuteMinister of Commerce and Industry Dr. Tawfiq Al-Rabeeah sponsored the ceremony held by the Riyadh Chamber to honor the former Chairman of its Board of Directors Abdulrahman bin Ali Al-Juraisi, members of the Board of Directors and heads of the main committees in the fifteenth session, last Monday evening, 25/2/2013 at the Ritz Carlton Hotel, in recognition of the efforts exerted by the Board and committees to promote the business sector in the Riyadh region and serve ... Read more

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