79 new health projects inaugurated in a number of regions of the Kingdom

Reading time: 3 Minutes• The Ministry of Health’s strategy aims to adopt an integrated and comprehensive approach to health care. Riyadh—Amlak: His Excellency the Minister of Health, Dr. Abdullah bin Abdulaziz Al-Rabiah, revealed that the Ministry of Health—by the grace of God and with the support of the government of the Custodian of the Two Holy Mosques —may God preserve him—and through the efforts of its dedicated staff, has continued to provide preventive, curative, and emergency health services by operating and opening (79) new health projects … Read more

Issuance of the first license for real estate finance and financial leasing

Reading time: < 1 MinuteRiyadh-Amalak The Saudi Arabian Monetary Authority (SAMA) has issued the first license to practice real estate finance and financial leasing activities to Riyad Bank. His Excellency the Governor of the Monetary Authority, Dr. Fahad bin Abdullah Al Mubarak, explained that a number of banks and companies have applied for licenses to practice real estate finance and financial leasing activities in the Kingdom, noting that the Monetary Authority is currently completing a study ... Read more

Saudi Arabia leads the GCC in the number of factories and manufacturing industries

Reading time: 2 MinutesAmlak-Agencies: The manufacturing sector in the Gulf Cooperation Council (GCC) countries has achieved remarkable growth over the past two decades, thanks to the attention and support the industrial sector receives from GCC member states, given the role it plays in achieving these countries’ strategic and economic goals. The efforts of these countries to support industrial development have focused on several areas … Read more

Welcoming support for medical industry projects

Reading time: 2 MinutesMedical Device Market Expected to Reach $1.6 Billion Riyadh—Amlak considers investments in the medical device market to be among those experiencing relatively strong growth, and some recent reports have estimated the size of the medical device market in the Kingdom at approximately $1.1 billion at the beginning of 2013, predicting that this figure will rise to $1.6 billion … Read more

«Trade» warns fake investment companies that lure citizens with unrealistic profits

Reading time: < 1 MinuteRiyadh-Amlak The Ministry of Commerce and Industry has stressed that companies that lure individuals to invest in the sale and manufacture of truck trailers, and inspire them with high profits, will be punished and deterrent regulations will be applied to protect consumers from fraudulent operations to which they may be exposed. The ministry also noted that different types of investments have also started to appear in ... Read more

Cityscape Riyadh 2013 concludes amidst great success

Reading time: 4 Minutes• With the participation of more than 50 local and Gulf companies in the field of real estate planning and development, the “Riyadh Urban Development and Real Estate Investment Exhibition” (Cityscape Riyadh 2013) concluded its three-day event (December 10–12, 2013), which was inaugurated by the Secretary of the Riyadh Region, Engineer Abdullah bin Abdulrahman Al-Mubarak, on behalf of the Governor of the Riyadh Region, amid regional participation … Read more

The 25th edition of the Jeddah International Trade Fair 2013 was a great success

Reading time: 2 Minutes16 Egyptian companies and 82 Indian companies participated in the Jeddah Trade Fair- Amlak reported that the 25th edition of the Jeddah International Trade Fair 2013, held from December 14 to 18, was a huge success, with participation from a group of local and international companies, with the number of participating international companies exceeding 100, representing various sectors, and … Read more

After real estate approval of their loans : «Shura emphasizes urgent solutions for 140,000 citizens

Reading time: < 1 MinuteAmlak - Follow-ups The Shura Council strongly demanded the need to find quick solutions for 140,000 citizens who have been finally approved for loans of 500,000 riyals for each of them, but they do not have land. This came through the report of its Finance Committee on the performance of the Real Estate Fund, in which it called on the Fund to coordinate with the Ministry of Housing on this matter and find a mechanism to provide land for citizens, especially ... Read more

Al-Ahsa Investment Forum 2013 announces its ambitious program

Reading time: 3 MinutesUnder the patronage of the Governor of Al-Sharqiyah, with the participation of seven ministers and governors, and featuring discussions on more than 20 working papers…On December 25, the organizing committee of the 2013 Al-Ahsa Investment Forum finally announced the preliminary program for the forum’s agenda and events, which is being organized by the Al-Ahsa Chamber of Commerce in cooperation with its strategic partner, Saudi Aramco, and is sponsored by His Royal Highness Prince Saud bin Nayef bin Abdulaziz, Governor of the Eastern Province, during… Read more

Decorating mistakes... Try to avoid them

Reading time: 4 Minutes- Consistency between decoration styles is an important requirement - Measure the space before buying - Color consistency and limitation ensures completeness of beauty - Try to stay away from trends that do not last These days it is not enough for homeowners to be aware of modern trends in interior design and decoration or the latest fashions in the world of furniture and decoration to get ... Read more