Housing Crisis Again

Reading time: 2 MinutesNo one can deny the role played by the Ministry of Housing in providing affordable housing for a number of citizens, despite our reservations about the slow implementation of its projects because it has not received enough land ... The issue of not finding enough land to implement projects despite the fact that the Kingdom is the largest Gulf country in terms of area and even exceeds the area of many Arab and European countries, is ... Read more

1152 land plots included in the auction of Al Rehab plan in Dammam

Reading time: < 1 MinuteDammam - Amlak - Abdulhakim Al-Hasani The auction of Al-Rehab plan, located west of Dammam and next to the city of Dhahran (No. SD 1095) witnessed a large turnout of real estate, investors and businessmen, where the plan consists of 1152 land plots divided into 110 blocks (land complex), including 7 commercial blocks on commercial streets, and 4 commercial blocks in the center of the plan ... Read more

«Trade» receives applications for «off-plan sales»

Reading time: 2 MinutesRiyadh - Amlak The Ministry of Commerce and Industry received 12 new applications from developers and investors to obtain a “off-plan sale” license during its pavilion at the Riyadh Real Estate, Housing and Development Exhibition, which was recently held in Riyadh. Sources said that the number of projects licensed for off-plan sales reached 27 projects with a number of units amounting to 20 thousand housing units with a market value of more than ... Read more

Al Barakati Group achieves success in marketing the Dahiya residential project in Jeddah

Reading time: 2 MinutesRiyadh - Amlak The Ministry of Commerce and Industry received 12 new applications from developers and investors to obtain a “off-plan sale” license during its pavilion at the Riyadh Real Estate, Housing and Development Exhibition, which was recently held in Riyadh. Sources said that the number of projects licensed for off-plan sales reached 27 projects with a number of units amounting to 20 thousand housing units with a market value of more than ... Read more

Riyadh Chamber and real estate professionals discuss valuation practice

Reading time: 2 MinutesThe Real Estate Committee at the Riyadh Chamber recently hosted a workshop for accredited assessors, where the meeting, which was held in the presence of specialists from the Saudi Commission for Accredited Assessors and a number of owners of real estate development offices and companies, real estate services and interested parties, dealt with the effects of the Accredited Assessors Authority on the real estate sector. The Secretary General of the Saudi Commission for Accredited Valuers Issam Al Mubarak set the beginning of 2017 as the date to start practicing ... Read more

Inauguration of King Abdullah Sports City in Jeddah«

Reading time: < 1 MinuteComponents of the city The sports city is only 3 kilometers from Jeddah Airport, and was supervised by Saudi Aramco in cooperation with Al-Muhaidib Contracting Company, as it was implemented in record time after the royal order to establish a complete sports city in Jeddah Governorate. The project emphasizes the extent of King Abdullah's interest in the youth of the country, and ... Read more

«Saudi Energy Expo 2014 showcases the latest energy products and services

Reading time: 2 MinutesThe Real Estate Committee at the Riyadh Chamber recently hosted a workshop for accredited assessors, where the meeting, which was held in the presence of specialists from the Saudi Commission for Accredited Assessors and a number of owners of real estate development offices and companies, real estate services and interested parties, dealt with the effects of the Accredited Assessors Authority on the real estate sector. The Secretary General of the Saudi Commission for Accredited Valuers Issam Al Mubarak set the beginning of 2017 as the date to start practicing ... Read more

Dar Al Tamleek's active participation in Restatex

Reading time: 2 MinutesJeddah-Amlak The Minister of Commerce and Industry, Dr. Tawfiq Al-Rabeeah, explained that his ministry owns sufficient lands and areas to establish any commercial industrial project on the Kingdom's lands, and that his ministry provides financial support up to 75% of the value of the costs of any successful project that serves the Kingdom's economy, and that all procedures and permits of his ministry have become electronic and do not require the beneficiary to attend the headquarters of ... Read more

Credit Bank announces a cooperative initiative to help revitalize small businesses

Reading time: < 1 MinuteThe Saudi Credit and Savings Bank (SCSB) announced the launch of a cooperation project initiative with the Emirate of Riyadh to contribute to activating the role of small enterprises in the Riyadh region and discuss ways to overcome obstacles and facilitate procedures for those wishing to own their own projects to play a positive role in stimulating the economy and creating private sector jobs. This came during a recent visit by a delegation from the bank to the Emirate of Riyadh. Read more

International Furniture and Interior Design Exhibition kicks off in Dhahran

Reading time: 2 MinutesThe Chairman of the Board of Directors of the Eastern Chamber, Abdulrahman Al-Attishan, inaugurated the activities of the exhibition and toured the pavilions of the participating exhibitions, expressing his admiration for what the furniture and decoration industry has reached, pointing out the added value achieved by the marriage between technology and the art of painting, which contributed to the development of the sector and came out with important designs that compete in the local and foreign markets. Al-Attishan said that ... Read more