Month: April 2013

“Mortgage financing is no easier”

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Reading time: < 1 MinuteRiyadh-Amalak In its endeavor to provide the latest and best marketing offers to its customers, Saudi Holland Bank has recently launched the latest marketing campaign in its series of campaigns for its real estate financing programs under the slogan ”Real estate financing is not easier”, offering its customers distinctive and exclusive offers to meet their real estate financing needs. Saudi Holland Bank customers who apply for real estate financing during the campaign period will be able to... Read more

Al Kharj's Pearl scheme to be auctioned off

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Reading time: < 1 MinuteRiyadh-Amlak The real estate market in the Riyadh region is waiting for the Makakeb International Real Estate Investment and Development Company, soon, to put up for sale by public auction the Pearl Al Kharj plan, which has an area of 326463.00 m2, where the area of residential and commercial residential lands is 218730.00 m2, and the new auction contains the sale of 321 pieces with different areas, and the area deducted for roads, streets, pedestrian walkways and lengths of ... Read more

Asir Emir warns delinquent contractors of tough decisions

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Reading time: 2 MinutesAbba: Agencies Prince Faisal bin Khalid bin Abdulaziz, Emir of Asir region, called on contractors to speedy completion or else the decisions will be strict and within the systemic consequences, stressing the importance of assigning all projects to competent contractors to complete them on time and with the required quality, especially as Asir region is preparing to receive its guests from visitors, tourists and vacationers in the coming summer ... Read more

Under the patronage of the Emir of Tabuk: King Abdullah's Parents Foundation's developmental housing project opens in Amlaj”

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Reading time: 2 MinutesAmlaj-Amlaj, Prince Fahd bin Sultan, Governor of Tabuk, inaugurated the King Abdullah Parental Foundation for Developmental Housing project in Amlaj Governorate, in the presence of Prince Mansour bin Abdullah bin Abdulaziz, Chairman of the Foundation's Board of Directors, Minister of Housing Dr. Shawish Al-Duwaihi, and the Foundation's Secretary General Dr. Ahmed bin Hassan Al-Argani. About 600 citizens will benefit from the housing, through 74 housing units, ... Read more

In an expanded meeting with real estate professionals : Eastern Chamber reveals moves to establish the first real estate finance company

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Reading time: 2 MinutesAmlaj-Amlaj, Prince Fahd bin Sultan, Governor of Tabuk, inaugurated the King Abdullah Parental Foundation for Developmental Housing project in Amlaj Governorate, in the presence of Prince Mansour bin Abdullah bin Abdulaziz, Chairman of the Foundation's Board of Directors, Minister of Housing Dr. Shawish Al-Duwaihi, and the Foundation's Secretary General Dr. Ahmed bin Hassan Al-Argani. About 600 citizens will benefit from the housing, through 74 housing units, ... Read more

Custodian of the Two Holy Mosques Orders Exemption of 1963 Citizens from Real Estate Development Loans”

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Reading time: < 1 MinuteRiyadh-Amlak In implementation of the order of the Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz, may God protect him, to exempt the deceased from the loans of the Real Estate Development Fund, the Director General of the Fund, Mr. Mohammed bin Ali Al-Abdani, approved the names of the seventh, eighth and ninth batch of deceased borrowers whose applications were submitted through the electronic program and their families completed their required data, as the Fund completed the procedures for full payment of ... Read more

Municipal and housing ministers discuss measures to implement the royal order

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Reading time: < 1 MinuteRiyadh - SPA His Royal Highness Prince Dr. Mansour bin Miteb bin Abdulaziz, Minister of Municipal and Rural Affairs, discussed at his office with HE Minister of Housing Dr. Shuwaish bin Saud Al-Duwaihi the measures to implement the Royal Order to hand over all government lands intended for housing, including the plans approved for grants to the Ministry of Housing to plan them and implement infrastructure projects and from ... Read more

«Shura rejects building housing and installments for state employees

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Reading time: 2 MinutesRiyadh - Amlak The Housing and Public Services Committee of the Shura Council confirmed its rejection of the proposal for the regulation of housing construction and distribution to state employees, and recommended that it is not appropriate to study the proposal submitted by former Shura Council member Zain al-Abidin Berri, which included installments of housing after its construction at state expense for citizens over a period of 30 months. The committee explained that it does not see the appropriateness of studying the proposal for reasons ... Read more

Council of Saudi Chambers Discusses Ways to Develop the Consulting Sector

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Reading time: < 1 MinuteRiyadh-Amalak The National Committee for Consulting Offices of the Council of Saudi Chambers discussed a number of issues related to the development of the consulting sector in the Kingdom and the possibility of overcoming the difficulties facing this sector in its sixth meeting, chaired by the Chairman of the Committee, Dr. Assem Arab, at the office of the Vice Chairman of the Committee, Asia Al-Sheikh, in Jeddah Governorate. Dr. Arab explained that the meeting first discussed the standards ... Read more

356 investment projects worth 30 billion dollars: Saudi-Sudanese Economic Forum concludes with investment deals

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Reading time: 2 MinutesRiyadh-Amalak The Saudi-Sudanese Economic Forum, organized by the Council of Saudi Chambers during the period from 13-14 April in cooperation with the Sudanese Employers Federation, concluded its work under the patronage and participation of the Minister of Agriculture, Dr. Fahad bin Abdulrahman Balghunaim, where the conclusion witnessed workshops that discussed the federal and state projects presented by the Sudanese side to the Saudi business sector, which included projects ... Read more

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