Month: May 2014

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

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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

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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

Work continues on the world's tallest tower in Jeddah

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Reading time: < 1 MinuteRiyadh—Amlak Continues Work on the «World’s Tallest Tower» in Jeddah Jeddah Economic Company, the owner and developer of the Kingdom Tower and Kingdom City project in the Abhur area north of Jeddah, has announced the completion of deep foundation work and the massive concrete base for the Kingdom Tower project, which is set to be the world’s tallest at over 1,000 meters. and is being built on an area of 85,000 square meters, … Read more

Credit Bank announces a cooperative initiative to help revitalize small businesses

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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

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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

Minister of Housing launches a number of housing and financing offers

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Reading time: 3 MinutesThe Minister of Housing explained in a speech that the forum comes this year and a number of national projects have been completed, most notably “developing the mechanism for determining the eligibility and priority for housing requests to be a tool for implementing the organization of housing support, and reaching the housing support to its beneficiaries, as the organization was approved by the Council of Ministers and its electronic portal was established to receive and process all ... Read more

Saudi Industrial Services achieves profits for the first quarter of this year

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Reading time: < 1 MinuteRiyadh—Amlak: The Saudi Industrial Services Company reported net profits of 12.368 million riyals for the first quarter of this year, a decrease of 7.96 % compared to the same quarter of the previous year,and an increase of 5.13 % compared to the previous quarter. The company stated in an announcement published on the “Tadawul” stock exchange website that it achieved a total operating profit in the first quarter of … Read more

More than 70 percent of the work on the largest financial complex in Riyadh has been completed

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Reading time: 2 MinutesMore Than 70 Percent of Construction Work Completed on Riyadh’s Largest Financial Complex Riyadh—Follow-up: The King Abdullah Financial Center project is considered a major economic hub and the largest financial complex in the region, 71% of the project has been completed. The project, which began seven years ago on a 1.6-million-square-meter site north of Riyadh, will establish the largest financial complex in the Middle East within the capital… Read more

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