Month: December 2013

«Office Homes» wins the award for the best office project in Saudi Arabia

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Reading time: < 1 MinuteRiyadh - Amlak The office houses project in Riyadh won the award for the best office project in the Kingdom, at a ceremony held recently in Dubai, to distribute the “Real Estate Development Projects” awards under the supervision and organization of the British Global Property International Awards program, in the category of ”Best Office Development Project” in the Kingdom of Saudi Arabia. Khalid Al-Qasadi, General Manager of Al Bayut ... Read more

”Al Rajhi strengthens its banking network with the opening of more female branches

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Reading time: < 1 MinuteRiyadh-Amalak Al Rajhi Bank has strengthened its banking network by launching three new women's sections adjacent to existing men's branches as part of its expansion plan to serve all regions and cities of the Kingdom and reach female customers everywhere to provide outstanding banking services and products. The new sections include the Mansoura branch in Riyadh, the South Khobar branch in Khobar, and the Spring branch in Khamis ... Read more

Cooperation agreement between Credit Bank and Shell International

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Reading time: < 1 MinuteRiyadh - Amlak The Saudi Credit and Savings Bank in Riyadh recently signed a cooperation agreement with Shell, represented by the «Intilaka» program, to provide the latter with training services and qualification workshops for applicants to the bank in the excellence track, and in the program for graduates prepared for teaching, and graduates of health diplomas «Excellence Track» within the scope of non-financial services that the bank seeks to provide to those wishing to own their own projects. ... Read more

Heavy rains in the capital and regions of the Kingdom disrupt traffic

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Reading time: < 1 MinuteThe rains caused loss of life and property and washed away some roads Amlak - Follow-ups The capital and various cities and suburbs of the Kingdom witnessed heavy rains during the past days, which caused some loss of property and life and revealed the deteriorating situation of drainage. The rains continued in the city of Riyadh and its suburbs for several days, including Al-Kharj, Al-Sih, Al-Dalam, Al-Hayatham, Najan, Al-Salamiyah, Al-Yamama, Al-Dabiya, Al-Hazm, Al-Ain, ... Read more

8 billion riyals the cost of 300 projects implemented by MODON«

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Reading time: 2 MinutesRiyadh - Amlak The number of projects implemented by the Industrial Cities and Technology Zones Authority (MODON) reached more than 300 projects with a total value of more than 8 billion riyals, in addition to other projects in partnership with the private sector valued at more than 4 billion riyals. The latest statistics issued by MODON indicated that these projects are related to the development of new industrial lands and the rehabilitation of infrastructure ... Read more

More than $66 billion in transportation, construction and energy projects in Saudi Arabia

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Reading time: < 1 MinuteRIYADH-Amlak: Saudi Arabia has the highest percentage of the 10 largest projects in the transportation, railway, construction, energy and water sectors in the Middle East, with a total cost of 66.51 billion riyals, according to a recent statistic. The value of the 10 largest projects in the field of transportation and railways in the Middle East amounted to 54.96 billion dollars, according to Meed magazine, followed by the UAE ... Read more

Third National Urban Heritage Forum on December 8

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Reading time: < 1 MinuteThe General Authority for Tourism and Antiquities, in cooperation with partners and interested parties from the public and private sectors, is organizing the third National Urban Heritage Forum during the period from December 8-11 in Medina, where several regional and international figures and entities have confirmed their participation in the activities of the forum, which will discuss 64 research papers. The forum will be an opportunity to communicate ... Read more

Carpets. Proof of human ingenuity thousands of years ago

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Reading time: 4 Minutes- The types of carpets vary according to the place where they are made - The most luxurious types of carpets are handmade - Machine-woven carpets are the most durable types of carpets - Some types of carpets increase in value over time Hadeel Al Sultan Carpets are one of the basic pieces that have been known since ancient times, as floors were carpeted with them for the purpose of sitting on them or to decorate homes ... Read more

Custodian of the Two Holy Mosques sponsors the launch of the Riyadh Economic Forum at its sixth session

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Reading time: < 1 MinuteRiyadh - Amlak Under the patronage of the Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz, the Riyadh Economic Forum will be held in its sixth session from December 9-11 in Riyadh. . According to the Chairman of the Board of Trustees of the Riyadh Economic Forum, His Royal Highness Prince Khalid bin Bandar bin Abdulaziz, Governor of Riyadh, will open the forum's activities ... Read more

Saudi Arabia's housing programs are creating unique real estate opportunities and eliminating price hikes in the coming period, says British magazine

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Reading time: 3 MinutesBooks: Ahmed Al-Shimi Special - Amlak The most attractive Saudi real estate sector for investments supported by the strength of the economy Mortgage mechanisms promote high demand in the short and long term Residential real estate represents 70% of total activity Population and government works to narrow the gap between supply and demand 3% Percentage of private sector participation in the real estate finance market Development of the hospitality sector ... Read more

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