Month: November 2013

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

Ambitious $194 billion rail network projects in the GCC The railway construction boom began this year in the GCC

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Reading time: 2 MinutesAbu Dhabi-Agencies Economic reports indicate that about $30 billion worth of major railway projects have been awarded in the region so far in 2013, out of a total of about $108 billion worth of contracts across all sectors, making the railway sector the largest in terms of major projects in the market in the current year. A railroad network, experts noted... 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

28 billion dirhams worth of trade exchange between the Kingdom and Dubai during the first half of this year

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Reading time: < 1 MinuteDubai - Agencies The value of trade between Dubai and Saudi Arabia during the first half of this year amounted to AED 28 billion compared to AED 23 billion during the same period in 2012, an increase of 20%. Dubai Customs and Saudi Customs, headed by its director Saleh Al-Khaliliwi, discussed mechanisms for future cooperation, based on the current strong areas of cooperation, especially with regard to ... Read more

Qualifying Saudi leaders to manage the IT sector

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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

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

Dubai officially joins the standardization of global surveying standards

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Reading time: < 1 MinuteDubai-Walat Dubai Land Department (DLD) has officially completed all procedures to join and support the global initiative to unify surveying standards, making it the first government department in the world to support this trend by participating in drafting unified surveying standards alongside more than 20 international organizations specialized in this field. During the meeting, it was agreed that DLD will ... Read more

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