Month: November 2013

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

For the fifth time in a row, the Custodian of the Two Holy Mosques is among the ten most influential people in the world

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Reading time: < 1 MinuteAmlak-Agencies In its latest issue, the prestigious American magazine “Forbes” chose the Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz - may God protect him - among the top ten most influential and influential people in the world, for the fifth time in a row. King Abdullah bin Abdulaziz came at the top of a list that included a number of heads of state and important figures, most notably Russian President Vladimir Putin, who surpassed his American counterpart ... Read more

Under the patronage of the Minister of Commerce and Industry, the fifth edition of the “Industrialists Forum 2013” will be held under the patronage of the Minister of Commerce and Industry Next December

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Reading time: 3 MinutesRiyadh - Amlak The forum opens new horizons for investment and attracts more capital from November 12, 2013, the activities of the “Fifth Industrialists Meeting 2013” will be launched during the period from November 12, 2013 Organized by the Sharqiya Chamber under the title "Investment Opportunities in Manufacturing Industries for the Petrochemical and Metals Sectors", under the patronage of H.E. Dr. Tawfiq bin Fawzan Al-Rabiah, Minister of Commerce and Industry, the forum will present a list of investment opportunities in ... 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

King Abdullah Economic City offers residential plots of various sizes

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Reading time: < 1 MinuteRiyadh - Amlak King Abdullah Economic City (KAEC) has announced its readiness to offer residential lands in the second area of the city's coastal communities by the end of this month. KAEC's Managing Director and CEO Fahad Al-Rasheed said that 383 plots of land will be put up for sale after 117 plots were sold, most of which were sold ... Read more

Under the patronage of the Emir of Sharqiya: Al-Ahsa Investment Forum kicks off next December

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Reading time: 2 MinutesAl-Ahsa - Amlak The activities of the Al-Ahsa Investment Forum will kick off in its third edition organized by Al-Ahsa Chamber from December 25 to 26 under the patronage of Prince Saud bin Naif bin Abdulaziz, Governor of the Eastern Province, and under the follow-up of Prince Badr bin Mohammed bin Jalawi, Governor of Al-Ahsa, where the forum will focus on the energy axis of oil and gas, in addition to highlighting Al-Ahsa as a city ... 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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