Month: November 2013

”Gulf Holding presents the honorary shield to Emlak Real Estate Newspaper

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Reading time: < 1 MinuteFor its success and outstanding service to the real estate sector: ”Gulf Holding presents a shield of honor to Amlak Real Estate Newspaper The Gulf Holding Company honored Amlak Real Estate Newspaper for its excellence and spread as the first specialized real estate newspaper that was able to serve the real estate activity in a professional manner and with high-level professionalism, which contributed to providing the appropriate and important information through its vision and coverage of many exhibitions and events ... Read more

”Housing”: There is no objection to converting private agricultural land to residential

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Reading time: < 1 Minute”Housing”: There is no objection to converting private agricultural lands into residential Riyadh-Amlak The Ministry of Housing clarified that it has no objection to converting agricultural lands located within private farms into residential lands in order to provide more residential lands for citizens wishing to benefit from them for the purpose of housing, provided that the Ministry of Municipal and Rural Affairs agrees to convert them from agricultural lands to ... Read more

«Housing and Real Estate Finance Symposium» discusses the obstacles and future of the real estate sector

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Reading time: 2 Minutes«Housing and Real Estate Finance Symposium» discusses the obstacles and the future of the real estate sector Dammam - Amlak Preparations have been completed for the launch of the «Housing and Real Estate Finance» symposium organized by the Eastern Chamber under the patronage of the Minister of Housing Dr. Shuwaish Al-Duwaihi and hosted by the Chamber's main headquarters on November 26, amid wide participation of specialists, businessmen and experts in the field of real estate. For his part, the head of the real estate committee ... Read more

«Business Youth» exhibition in Sharqiya ends on a high note

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Reading time: 2 Minutes150 initiatives witnessed a great conclusion to the activities of the «Business Youth» exhibition in Sharqiya Dammam - Amlak The Sharqiya Business Youth Exhibition and Forum 2013, which was organized by the Eastern Chamber in cooperation with Dhahran Exhibitions Company, concluded its activities at the company's headquarters from 5 to 7 this month. The exhibition witnessed more than 150 initiatives from young men and women, ... Read more

Follow up on the sale of off-plan real estate units and licensed projects

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Reading time: < 1 MinuteRiyadh - Amlak The off-plan real estate sales committee at the Ministry of Commerce and Industry is carrying out its regulatory and supervisory tasks on real estate development projects that work with the early sale system before or during the construction period through its field visits to a number of projects that have licenses to sell real estate units on the map, as part of its keenness to ensure the success of the projects and follow-up, and to achieve the objectives of the committee ... Read more

Awarding one of the troubled contributions to pay shareholders' rights

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Reading time: < 1 MinuteJeddah-Amalak The Real Estate Contributions Committee, headed by H.E. Dr. Tawfiq bin Fawzan Al-Rabiah, Minister of Commerce and Industry and Chairman of the Real Estate Contributions Committee, has awarded the auction to sell one of the lands on the Mecca-Jeddah highway to a citizen for one billion 226 million and 960 thousand riyals, after a directive was issued by the Supreme Court to liquidate the contribution of a citizen, at the Jeddah Hilton Hall, Jeddah. The amount of ... Read more

Industrial Committee reviews sector requirements

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Reading time: < 1 MinuteRiyadh - Amlak The Industrial Committee discussed in its regular meeting held recently under the chairmanship of Board of Directors member Engineer Saad Al-Mojel the results of the work of the infrastructure team, productive services and activities supporting the industry, where the chairman of the committee spoke about the issue of increasing the rents of Mudon Authority by (4) riyals per square meter, and the importance of reconstituting the board of directors of the second industrial city to address the decisions of ... Read more

Organizing the ”Youth Forum” Business Exhibition in Sharqiya

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Reading time: 2 MinutesDammam-Amlak The Young Men and Young Women Business Exhibition 2013, organized by the Eastern Chamber under the patronage of Prince Saud bin Naif bin Abdulaziz, Emir of the Eastern Province, will be held from 5-7 November at the Dhahran International Exhibition Building, where institutions and financial entities participate in the forum, and Secretary General of the Chamber Abdul Rahman Al-Wabel said that many ... Read more

More than SAR 23 billion in bank profits by the end of the third quarter

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Reading time: < 1 MinuteRiyadh-Amalak Recent statistics showed that the consolidated profits of Saudi banks listed on the financial market during the first nine months of 2013 increased by about 5 percent to 23.08 billion riyals, compared to 21.99 billion in the same period last year, and this study does not include the profits of the National Bank or the branches of foreign banks operating in the Kingdom. All listed banks, according to Arqaam, recorded ... Read more

Housing and Real Estate Finance Seminar to be held at the Eastern Chamber This November

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Reading time: 2 MinutesDammam - Amlak The symposium «Housing and Real Estate Finance» organized by the Eastern Chamber under the patronage of the Minister of Housing, Dr. Shuwaish Al-Duwaihi, will be held in the last week of November, with the participation of a wide range of real estate finance companies and institutions and related institutions, in addition to the participation of a group of businessmen and housing experts. For his part, Chairman of the Board of Directors of the Chamber Abdul Rahman Al-Rashed ... Read more

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