Month: April 2013

Makarem Hospitality participates in the Travel and Tourism Investment Forum

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Reading time: < 1 Minute    Riyadh—Amlak: The Saudi Tourism Investment Forum, organized by the General Authority for Tourism and Antiquities last week at the Riyadh Exhibition Center, active participation from a number of national companies and institutions, including Makarem Hospitality Group, one of the groups under the Saudi Company for Hotels and Tourist Areas. During its participation, the group showcased all of its tourism programs and activities for the current year, 2013. For his part, Sultan … Read more

Dar Al Ahli Real Estate Exhibition offers Islamic financing solutions

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Reading time: < 1 Minute    Jeddah-Amlak: Al-Ahli Bank has completed all preparations for the launch of the “Al-Ahli Real Estate Exhibition 2013,” featuring participation from numerous major companies and real estate developers. The event will take place from April 3 to 5 at “Dhahran Mall” in the Eastern Province. The bank has invited its customers and members of the public seeking opportunities to purchase a villa, apartment, family home, or land to visit the exhibition to help serve their needs … Read more

“Nasser Mohammed Bin Saeedan offers residential and commercial plots of various sizes

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Reading time: 2 Minutes    Riyadh—Amlak: Nasser Mohammed bin Saidan Real Estate Company has launched a large selection of commercial and residential properties in the Al-Rimal neighborhood, with a variety of sizes ranging from 420 m², 450 m², 1,150 m², 1,200 sq. m, 1,700 sq. m, 2,700 sq. m, and 4,500 sq. m, with its marketing plan designed to cater to all segments of society and their diverse needs, whether for residential purposes or investment. Nasser Mohammed bin Saidan said: On the occasion of the start of sales for this collection of … Read more

To build 12 thousand housing units: ”Real Estate Development” approves more than 10 thousand loans

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Reading time: < 1 Minute   Riyadh-Amlak Mr. Mohammed bin Ali Al-Abdani, Director General of the Real Estate Development Fund, announced the approval of a new loan batch that includes 10,090 loans to build approximately 12,100 housing units in the cities, governorates and centers of the Kingdom covered by the Fund's services and according to the priority of providing the loan. Al-Abdani explained that the value of this batch amounted to five billion and forty-five million riyals and represents ... Read more

Submitted to the higher authorities: ”Housing” prepares to impose fees on white lands

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Reading time: 2 Minutes   Riyadh-Amlak As part of its new general strategy, the Ministry of Housing is preparing to submit the strategy to the higher authorities for approval, after the ministry completed the necessary studies for it, which includes imposing fees on unused white lands. This was explained in a press statement by the Director General of the Real Estate Development Fund, Mohammed Al-Abdani, detailing that the new general strategy included recommendations including the expansion of ... Read more

10 shareholders ordered to return their capital with «Friday»

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Reading time: < 1 Minute   Dammam - Agencies The Court of Appeals in Dammam has ruled to refund the capital of ten shareholders in the troubled shareholding of businessman Juma Al-Juma, and the court ruling is applicable to the rest of the estimated 9,000 shareholders, some of whom are still pleading in the judiciary. The court ruling applies to the remaining shareholders, estimated to number around 9,000, some of whom are still in court. Read more

In implementation of the Supreme Order: Credit Bank announces the launch of the Graduate Loan Program

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Reading time: < 1 Minute   Riyadh-Amalak The Saudi Credit and Savings Bank (SCSB) revealed the details of the “Graduate Program” to lend to university graduates preparing to teach and holders of health diplomas through its website. The bank's spokesperson, Ahmed Al-Jabreen, discussed the details of the program, noting that it comes in implementation of the Supreme Order to find short and urgent solutions to address the increasing number of university graduates who are prepared to teach and hold health diplomas, as the bank has designed ... Read more

Shura calls for a fair and transparent system for distributing land to citizens

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Reading time: < 1 Minute   Riyadh-Amalak The Saudi Credit and Savings Bank (SCSB) revealed the details of the “Graduate Program” to lend to university graduates preparing to teach and holders of health diplomas through its website. The bank's spokesperson, Ahmed Al-Jabreen, discussed the details of the program, noting that it comes in implementation of the Supreme Order to find short and urgent solutions to address the increasing number of university graduates who are prepared to teach and hold health diplomas, as the bank has designed ... Read more

Custodian of the Two Holy Mosques directs to give irregular workers a chance to correct their status

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Reading time: < 1 Minute   Riyadh- SPA The Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz Al Saud directed the Ministry of Interior and the Ministry of Labor to give an opportunity for workers violating the labor and residence system in the Kingdom to correct their status within a maximum period of three months from its date, and those who fail to do so will be subjected to the law.

238 sites allocated to the Ministry of Housing to build 200,000 villas or 600,000 apartments

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Reading time: 2 Minutes   Riyadh - Amlak The Ministry of Municipal and Rural Affairs confirmed the allocation of 238 sites in all regions of the Kingdom to the Ministry of Housing to establish housing projects with a total area of more than 169 million square meters, taking into account the population density in each region and its needs for housing units. The Ministry of Municipal and Rural Affairs explained that the land areas that have been allocated to the Ministry of Housing exceed the needs identified by ... Read more

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