Month: February 2014

Saudi and Egyptian housing ministers discuss enhancing cooperation

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Reading time: < 1 MinuteSaudi and Egyptian Housing Ministers Discuss Strengthening Bilateral Cooperation — Amlak Follow-up: Dr. Shuish bin Saud Al-Duwaihi, Minister of Housing, discussed in Riyadh, during his meeting with Egyptian Minister of Housing, Utilities, and Urban Communities Engineer Ibrahim Mahlab as part of the Egyptian Prime Minister’s recent state visit to the Kingdom, discussed strengthening joint efforts between the two brotherly countries. The two ministers also discussed cooperation in the housing sector … Read more

«Credit and Savings» approves 336 projects

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Reading time: < 1 Minute«Credit and Savings» approves financing 336 projects Amlak - Follow-ups The Saudi Credit and Savings Bank (SCSB) has finally approved the financing of 336 projects within the program to support and finance small and emerging enterprises “Masarat”, specifically in the path of emerging projects, worth more than 75 million riyals. The bank's spokesperson Ahmed Al-Jabreen said that the bank approved the final funding list for 336 projects worth 75,805,139 riyals ... Read more

“Kafalah issues 7280 guarantees worth 3,590 million riyals

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Reading time: 2 Minutes“Kafala” Issues 7,280 Guarantees Worth 3,590 Million Riyals Riyadh-The number of guarantees provided by the Kafala Program to finance small businesses through the development initiative between the Ministry of Finance and Saudi banks, from its launch in 2006 until the end of last year, reached 7.280 guarantees with a total value of 3.590 million riyals, benefiting 4,028 small and medium-sized enterprises across various … Read more

GCC Chambers Discuss Economic Development Sectors

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Reading time: 2 MinutesKuwait—News Agencies: The Kuwait Chamber of Commerce and Industry, chaired by Mr. Rabah Abdulrahman Al-Rabah, Director General of the Kuwait Chamber of Commerce and Industry, hosted the 33rd meeting of the Executive Leadership Committee of the Federation of Chambers of the Gulf Cooperation Council (GCC), which was attended by representatives from the Federation of Chambers of Commerce and Industry of the United Arab Emirates, represented by Secretary-General Hamid bin Salem, as well as secretaries and general managers from various federations, councils, and chambers… Read more

Signing construction contracts to link Waad Al Shamal city to the Kingdom's ports on the Red Sea

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Reading time: 2 MinutesKuwait—News Agencies: The Kuwait Chamber of Commerce and Industry, chaired by Mr. Rabah Abdulrahman Al-Rabah, Director General of the Kuwait Chamber of Commerce and Industry, hosted the 33rd meeting of the Executive Leadership Committee of the Federation of Chambers of the Gulf Cooperation Council (GCC), which was attended by representatives from the Federation of Chambers of Commerce and Industry of the United Arab Emirates, represented by Secretary-General Hamid bin Salem, as well as secretaries and general managers from various federations, councils, and chambers… Read more

Essentials to look for when choosing a mattress for your bed

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Reading time: 4 MinutesEssentials to Look for When Choosing a Mattress: Get the best mattress within your budget and avoid features you don’t need. There are three basic types of mattresses. Don’t be shy about testing the mattress in the store for at least thirty seconds. After-sales services may seem obvious, but make sure they’re included in the contract. People spend a third of their lives sleeping on … Read more

Riyadh's sixth travel exhibition kicks off Next April

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Reading time: < 1 MinuteThe 6th Riyadh Travel Fair Kicks Off Next April Riyadh—Amlak: The 6th Riyadh Travel Fair, considered the largest travel and tourism fair, will take place from April 14–17, 2014, at the Four Seasons Hotel, attracting visitors and delegates from various countries and regions, including the Middle East, North Africa, Asia, and Europe. The fair serves as a platform for showcasing the most important tourism products, services, investments, and companies… Read more

Launch of the Largest Field Survey in Riyadh to Monitor Government, Residential, and Economic Land Use

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Reading time: 2 MinutesIt will take 9 months and will be conducted using advanced methods to launch the largest field survey in Riyadh to monitor government, residential, and economic land uses. Amlak-Follow-ups, as part of its ongoing efforts to develop all facilities in the capital, the High Commission for the Development of Riyadh has begun a comprehensive field survey of land uses throughout the city’s “development protection zone,” which covers an area of 5,900 square kilometers, with the aim of updating the map and database … Read more

The real estate sector is the biggest supporter of the Gulf market

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Reading time: 3 MinutesThe Real Estate Sector: The Largest Driver of the Gulf Market—Amlak-Agencies—The Gulf real estate sector is considered the largest driver of the Gulf market in general, as the strong results of UAE banks, have bolstered the gains achieved by the UAE markets, which were reflected in remarkable positive growth in trading volumes during January 2014. This positive performance was reflected in an 11.8% rise in the Dubai market index % … Read more

”The Ministry of Housing Adopts Designs for Multi-Unit Residential Buildings and Properties

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Reading time: 3 MinutesReveals that large tracts of residential land remain undeveloped; ”Housing Ministry” adopts designs for multi-unit residential buildings and properties in Riyadh-Real Estate The Ministry of Housing has revealed the projects it is currently undertaking, which include developed residential land designed to accommodate the construction of multi-story residential buildings (apartment buildings) as well as land to accommodate the construction of detached residential units (villas), explaining that … Read more

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