Month: September 2013

CPC investigates block factories that agreed to stabilize prices

by

Reading time: < 1 MinuteAl-Qassim – Amlak: The Competition Protection Council has conducted a preliminary investigation into certain concrete block factories in the Al-Qassim region, undertaking a number of fact-finding and investigative measures, gathering evidence, and examining the possibility that these factories colluded to fix sales prices. Agreeing to fix prices constitutes a clear violation of the Competition Protection Council’s regulations, pursuant to Article 4, which stipulates … Read more

Riyadh Mayor: 74 km of Riyadh Metro in underground tunnels and 80 km on bridges

by

Reading time: < 1 MinuteThe Secretary-General of the Riyadh Region, Engineer Abdullah Al-Mubarak, revealed that more than (74) km of the «Riyadh Metro» will run through underground tunnels, which will not disrupt traffic, and more than 80 kilometers of the project will run on elevated viaducts, while approximately 10 kilometers will run at ground level along King Abdullah Road and sections of King Abdulaziz Road… Read more

Officially. Jeddah Chamber elections postponed until after Hajj

by

Reading time: 3 MinutesYahya Azzan, chairman of the Jeddah Chamber of Commerce Election Committee, explained that the announcement of the names of candidates for the Chamber’s elections has been postponed until after the Hajj season. He also explained that the reasons for the postponement stem from time constraints—had the names been announced last week, only five days would have been allocated to receive appeals immediately following the announcement, and the campaign period would have been too short… Read more

Riyadh's Second Furniture and Mobilization Exhibition and Increased Demand

by

Reading time: < 1 MinuteHis Royal Highness Prince Abdulaziz bin Nasser bin Abdulaziz inaugurated the Furniture and Home Furnishings Exhibition on Sunday, September 1, at the Riyadh Exhibition Center in the Al-Murooj neighborhood of Riyadh. The exhibition features bedroom, dining, and living room sets and will run for five days. The distinguished newspaper Amlak is sponsoring the exhibition as part of its commitment to stimulating economic activity and supporting businesspeople across the country… Read more

Ten essentials for furnishing your home for the first time

by

Reading time: 4 MinutesInterior design experts and designers agree on ten essential pieces that must be on your list, dear reader, if you’re furnishing your home for the first time: 1. A bed or mattress that will last a lifetime. Studies by scientists who track human life show that a person spends one-third of their life in bed, so it is one of the most important pieces of furniture that must be chosen carefully. When buying a mattress… Read more

Riyadh Chamber organizes its annual ceremony amidst a large and cheerful audience

by

Reading time: 2 MinutesThe Future of Riyadh: Prince Turki bin Abdullah, Acting Governor of the Riyadh Region, painted a brilliant picture of the future of the capital, Riyadh, during his address at a ceremony focused on public transportation, noting that this will place the city among the leading capitals of the world, He emphasized that the metro system will be completed within the next five years, thereby eliminating the «congestion» that the capital has suffered from for decades. … Read more

Developed and undeveloped white land accounts for 78% of Riyadh's area

by

Reading time: 2 MinutesRiyadh – Amlak: A recent study prepared by the Riyadh Development Authority, titled (Supply and Demand Indicators for Real Estate Sectors in Riyadh in 1433 AH) that the supply-demand balance for all real estate sectors in the city of Riyadh is considered good compared to other cities, and noted that the available land allocated under the land-use plan will be sufficient to meet future demand even after … Read more

Start registering for an «additional loan»

by

Reading time: 3 MinutesLoan, Land, and Property: The Director General of the Real Estate Development Fund in the Eastern Province, Engineer Salah bin Abdullah Al-Abdulkarim, stated that the first application for an additional loan from the Dutch bank was filed last week to complete the purchase of a home,The application was approved, and the title was transferred through the notary public in Al-Khobar, which processed this first application for the loan with the aim of expediting the transaction… Read more

Aqeer Development Company signed with a capital of 2.7 billion riyals

by

Reading time: 3 MinutesArticles of Incorporation: The company’s articles of incorporation were signed by representatives of the participating entities and companies, namely: the Ministry of Municipal and Rural Affairs (Al-Ahsa Governorate Secretariat), the Public Investment Fund, the Public Pension Agency, the Agricultural Development Fund, the Saudi Real Estate Company, the Peninsula Group, the Astra Group, the Al-Sha’la Holding Group, Al-Rashid Trading and Contracting Company, Abdul Latif Al-Arfaj & Brothers Holding Company, Namaa Real Estate Company, and Al-Sharq Industrial Development Company … Read more

The real estate sector stagnated by 50 percent during the last period

by

Reading time: 2 MinutesActivity in the construction and building sector declined to low levels during the Ramadan season, causing a slump in the real estate and construction sectors of more than 50 percent after the pace of work on economic infrastructure projects slowed across all regions of the Kingdom. This contributed significantly to a reduction in labor costs and construction material prices by more than 15 percent compared to previous months. Investors revealed … Read more

© 2026 Amlak Real Estate Newspaper | All rights reserved.