Month: May 2013

Amid local and international participation of more than 200 exhibitors: The success of the 21st Saudi International Furniture and Decoration Exhibition

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Reading time: 2 MinutesDammam - Amlak The activities of the 21st International Exhibition for Furniture, Decoration and Decoration (Ideal Home), organized by Dhahran International Exhibitions Company at its exhibition center in Rakah under the patronage of His Highness Prince Jalawi bin Abdulaziz Al Saud, Deputy Emir of the Eastern Province from 4 to 10 May 2013, achieved remarkable success amid local, regional and international participation that exceeded ... Read more

During its participation in the Housing Forum and Riyadh Exhibition : Commerce presents a paper on the controls of selling real estate units on the map

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Reading time: 2 MinutesRiyadh-Amlak The Committee for the Sale of Real Estate Units on the Map at the Ministry of Commerce and Industry reviewed at the Housing Forum organized by the Ministry of Housing at the King Fahd Cultural Center on the sidelines of the Riyadh Real Estate Exhibition a working paper presented by the Chairman of the Committee for the Sale of Real Estate Units Abdul Hakim bin Ibrahim Al Aqeel on the controls of selling real estate units on the map issued by the decision of the Council of Ministers to include all activities ... Read more

”Kingdom Holding” profits for the first quarter are more than 100 million riyals

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Reading time: < 1 MinuteRiyadh-Amalak Kingdom Holding Company, whose Board of Directors is chaired by HRH Prince Alwaleed bin Talal bin Abdulaziz Al Saud, revealed its financial results for the first quarter of the current year ended March 31, 2013, where the company achieved net income of 110.1 million riyals, representing an increase of more than 9.2% compared to the same quarter last year. Where he commented ... Read more

Arbah Capital, Masdar Real Estate, and Sarai Development

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Reading time: < 1 MinuteRiyadh - Amlak Arbah Capital, Masdar Real Estate Company and Sarai Development Company signed a memorandum of understanding to launch a number of real estate funds for residential and commercial projects during the activities of the Riyadh Real Estate Exhibition Restatex 2013, which concluded recently in Riyadh. On this occasion, Mr. Saad bin Ayed Al Hussa, CEO of Arbah Capital, affirmed after signing the memorandum ... Read more

“Al Ahli offers real estate financing solutions at Restatex 16

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Reading time: < 1 MinuteRiyadh-Amlak Based on the principle of enhancing communication between the bank and the customer to own the home of a lifetime with special facilities, Al Ahli Home Finance Program provided financing solutions for visitors to its booth designed in the form of a house at the Riyadh Real Estate, Housing and Urban Development Exhibition, Restatex16, and the advantages provided by the bank included immediate approval and competitive profit margin, in addition to exceptional and unique solutions designed to suit all customer needs ... Read more

Sharia-compliant: ”Saudi Holland and Ibn Saeedan Real Estate Group enter into a real estate financing agreement

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Reading time: < 1 MinuteRiyadh-Amalak Saudi Holland Bank has signed an exclusive real estate financing agreement with Salman Bin Saeedan Real Estate Group, under which the bank will provide easy Sharia-compliant financing programs and special offers for Salman Bin Saeedan Real Estate Group customers wishing to own residential units in any of the projects that the group and its subsidiaries are developing in the Kingdom, on ... Read more

Minister of Housing Honors Sondos Real Estate Company

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Reading time: < 1 MinuteRiyadh-Amalak Sondos Real Estate received an appreciation award at the Kingdom's Housing Forum, where His Excellency the Minister of Housing Dr. Shuwaish Al-Duwaihi handed over the award to the Director of Public Relations and Media Fahad bin Sulaiman Al-Quniah on behalf of the CEO of Sondos Real Estate. On this occasion, Al-Quniah said:” Thanks to God, the company has completed the sale of 95 % of the ... Read more

Foreign buyers are driving up luxury real estate prices in the City of London

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Reading time: 2 MinutesLondon-Agencies London's luxury home prices have risen significantly on the back of strong demand from abroad, despite expectations that growth will be weakened this year by government measures to impose a stamp duty tax for certifying documents.Prices of high-end properties in central London rose 0.7 percent, meaning prices rose 3 percent ... Read more

«Makabeb and Ibn Faqeeh enter into an international partnership agreement

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Reading time: 2 MinutesMakassab International Real Estate Investment and Development Company of Saudi Arabia and Bin Faqeeh Real Estate Investment and Development Company of Bahrain have signed an international partnership agreement to invest, develop and establish residential and commercial projects in both countries. The agreement was signed at the Meridian Hotel in Khobar in the presence of Hussam Al-Zahrani, CEO and board member of Makassab, Ahmed Al-Arabi, Director of Marketing and Public Relations, and both ... Read more

«Al Nahdi Real Estate launches a new branch in the Property Department in Riyadh

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Reading time: < 1 MinuteRiyadh - Amlak Based on its strategy based on geographical spread and presence near its customers, Mohammed Al-Nahdi Real Estate Company has opened a new branch in the property management department in the new identity in the Olaya neighborhood in Al-Khobar, and this branch will be the start of opening a series of branches throughout the Eastern Province and the Central Province in the first expansion phase. It is noteworthy that Mohammed Al Nahdi Company is one of ... Read more

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