Month: April 2014

The Council of Saudi Chambers Organizes the First National Forum for Family Enterprises

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Reading time: 2 MinutesRiyadh—Amlak: The National Center for Family Businesses, under the Council of Saudi Chambers, in collaboration with the National Anti-Corruption Commission and the Pearl Charitable Initiative, is organizing the First National Forum for Family Businesses, under the title: «Best Governance Practices in Combating Corruption in Saudi Family Businesses,» which will be held under the patronage of Mohammed bin Abdullah Al-Sharif, Chairman of the National Anti-Corruption Commission (Nazaha), on April 30, with the participation of experts … Read more

32 industrial cities in the Kingdom shorten the process of obtaining land for factories in less than two months

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Reading time: 2 MinutesAccording to informed reports, the Supreme Court in Riyadh is currently studying the case file of the dispute over three thousand residential plots north of Taif Governorate, after the Supreme Court officials asked their counterparts in the Grand Court in the governorate to provide them with all information about the plan, where the “Economic” colleague learned from an informed source, that the Supreme Court in ... Read more

Cabinet Approves Regulation on the Electronic Transmission of Customer Information to Private Entities

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Reading time: 2 MinutesRiyadh—SPA: The esteemed Council of Ministers, at its session chaired by His Royal Highness Prince Salman bin Abdulaziz Al Saud, Crown Prince, Deputy Prime Minister, and Minister of Defense —may God protect him—held on April 14, 2014, at Al-Yamamah Palace in Riyadh, approved the regulation for the electronic transfer of information on individuals dealing with private entities to the National Information Center at the Ministry of Interior … Read more

New strategy to fund youth and small business projects

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Reading time: 3 MinutesRiyadh—Amlak: The Saudi Credit and Savings Bank has finalized a new strategy for its financing programs for youth projects, developed in collaboration with the World Bank, which will completely transform the bank. The strategy is currently before the bank’s board of directors and is in the process of being approved. The coming period will witness a 180-degree shift in the bank’s performance, explained Dr. Ibrahim Al-Hunaishal, General Manager of the Saudi Credit and Savings Bank, during a meeting… Read more

The real estate marketer and the landlord's hammer

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Reading time: 2 MinutesEvery citizen dreams of owning a home, and this dream is usually the biggest transaction they will ever make in their lives. There is no doubt that helping others achieve their dreams and maximize the return on their investments is a role often entrusted to real estate marketers or agents, who typically earn their income only after a sale is completed. It is a challenging profession—one for the strong—and is not suitable for those seeking a steady income, or… Read more

34 new housing projects awarded, and great efforts by «Housing» to create model projects for fully-facilitated schemes

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Reading time: 3 MinutesDammam—Amlak: Last week, the Eastern Province Chamber of Commerce concluded the fourth edition of the 2014 Women’s Economic Forum, titled “Shaping the Future… Through Women’s Eyes). The event was held under the patronage of Her Highness Princess Abeer bint Faisal bin Turki, wife of the region’s governor, and was marked by success and praise for the high level of female participation. It saw significant participation from Saudi businesswomen, alongside an elite group of businesswomen from the Gulf and other countries… Read more

Amlak Global offers innovative financing solutions for multiple investments

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Reading time: < 1 MinuteRiyadh-Amlak: Amlak International for Real Estate Development and Financing has announced, as part of its financing services designed to serve the corporate and commercial finance sectors, the launch of innovative financing solutions to provide the necessary support to its clients seeking to invest in, develop, orpurchase shopping centers and commercial complexes, in accordance with integrated financing programs that comply with the provisions of Islamic Sharia. Abdullah bin Turki Al-Sudairi, CEO of Amlak, confirmed … Read more

6599 productive factories in the Kingdom during the first quarter of this year

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Reading time: < 1 MinuteAmlak-Follow-ups: The Ministry of Commerce and Industry revealed that the number of operating factories at the end of the first quarter of the current year, 1435 AH, stood at 6,599, with total funding exceeding 948.3 billion riyals, while the number of workers in these factories reached 862,717. In a recent statistical report published on its website, the Ministry of Commerce and Industry clarified that the Riyadh region topped the list of regions with the highest number of operating factories in … Read more

Riyadh to host the 7th International Iron and Steel Exhibition on April 7

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Reading time: < 1 MinuteRiyadh—Amlak will host the 7th International Exhibition for Iron and Metal Industries in Riyadh from April 7–10, corresponding to 7 Jumada al-Akhira of this year. The exhibition is considered the largest of its kind in the Gulf Cooperation Council (GCC) countries, under the patronage of Dr. Tawfiq Al-Rabiah, Minister of Commerce and Industry. Commenting on the exhibition, Engineer Osama Al-Kurdi, Chairman of the Board of Directors of Ilaqat Exhibitions and Conferences, the organizer … Read more

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