Month: April 2013

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

Directive to import 10 million tons and establish 4 factories: Custodian of the Two Holy Mosques issues directives to take necessary measures to end cement crisis

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Reading time: 2 MinutesThe Custodian of the Two Holy Mosques, King Abdullah bin Abdulaziz Al Saud, may God protect him, urgent directives to address the growing demand for cement and ensure its availability to all citizens in light of steady urban growth and approved government infrastructure projects. Minister of Commerce and Industry Dr. Tawfiq Al-Rabiah said that these gracious directives will put an end to the current shortage of cement in the local market, … Read more

”Credit” finances more than 500 projects during April

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Reading time: < 1 Minute  Riyadh—Amlak: The Saudi Credit and Savings Bank has confirmed the approval of financing for 365 projects under the “Masarat” program to support and finance small and emerging businesses, with a total value exceeding 83 million riyals, under the “Emerging Businesses” track. The bank’s official spokesperson, Ahmed Al-Jabrin, explained that the bank has approved the final financing list for 365 projects worth 83,217,841 riyals under the “start-up” track, noting that the nature of these projects varied … Read more

Continuing its support for small enterprises: Credit Bank finances 166 projects within the ”Masarat” program”

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Reading time: < 1 Minute Riyadh – The Saudi Credit and Savings Bank announced that it has approved financing for 166 projects under the «Masarat« program to support and finance small and emerging businesses, with a total value exceeding 37 million riyals for emerging projects. The bank’s official spokesperson, Ahmed Al-Jabrin, explained in a press statement that the bank had issued final approval for the financing of 166 projects worth approximately 37.4 million riyals, which varied … Read more

Custodian of the Two Holy Mosques orders to give citizens developed land and loans for construction - Minister of Housing We have started implementing the King's decision to equip the completed lands with services

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Reading time: 2 MinutesRiyadh—SPA—Agencies: The Custodian of the Two Holy Mosques, King Abdullah bin Abdulaziz Al Saud—may God protect him—has issued a royal decree approving the following: 1 / The Ministry of Municipal and Rural Affairs shall immediately cease the distribution of municipal grants made by municipal secretariats and municipalities in accordance with their existing instructions. 2 / All government-owned land designated for housing, including … Read more

Discusses financing, mortgages, real estate and housing: Preparations are complete for the launch of the third international real estate conference in Riyadh«

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Reading time: < 1 MinuteRiyadh—Amlak: Preparations are complete for the launch of the Third Saudi International Real Estate Conference “SAIRK 3,” organized by the Council of Saudi Chambers on the 9th and 10th of Rajab 1434 AH, corresponding to May 19 and 20, at the King Faisal Conference Hall at the InterContinental Riyadh Hotel, under the patronage and in the presence of His Excellency the Minister of Commerce and Industry, Dr. Tawfiq bin Fawzan Al-Rabiah, with financing and mortgage issues taking center stage… Read more

Completion of 80% of the North-South Line Project

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Reading time: < 1 MinuteRiyadh-Amlak The Saudi Railway Company (SAR) has completed 801 kilometers of the North-South railway line, which is scheduled for completion in 2014. The company’s Project Manager, Eng. Abdul-Ilah Al-Hathil, explained that the project will create job opportunities, revitalize the areas it passes through, and raise income levels for residents. SAR organized a media tour during … Read more

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