Month: June 2014

Riyadh Chamber Contractors Committee notes the application of the FIDIC contract in the Makkah public transportation project

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Reading time: < 1 MinuteThe Chairman of the Contractors Committee at the Riyadh Chamber of Commerce and Industry, Fahad bin Mohammed Al-Hammadi, praised the approval of the Council of Ministers to offer the public transportation project in Makkah to the implementing companies according to the FIDIC contract models, which guarantees the financial rights in a balanced manner for both contracting companies and government agencies, expressing his hope for the full implementation of the FIDIC contract system this year on all ... Read more

Fajr Abha's shareholding sold at auction

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Reading time: < 1 MinuteThe Committee of Struggling Real Estate Contributions decided to sell the Fajr Abha contribution in a public auction, and to pay the remaining shareholders' dues in the Al-Muhandiseen contribution in Al-Dilam. The committee also decided at its last meeting to sell the two plots that are free of issues and encroachments in the Nawras contribution, and in the same context, the committee decided to sell 4 remaining plots of land in the Huda plan contribution, and sell the land of the Umm ... Read more

Jazan Emir sponsors the opening ceremony of the first projects of the Ministry of Housing in Jazan region

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Reading time: 2 MinutesHis Royal Highness Prince Mohammed bin Nasser bin Abdulaziz, Governor of Jazan Region, patronized this evening, in the presence of HE Minister of Housing Dr. Shuwaish bin Saud Al-Duwaihi, the opening ceremony of the first projects of the Ministry of Housing in Jazan region, at the housing site of Abu Hajar village in Samta Governorate. His Royal Highness cut the ribbon at the ceremony, announcing the launch of the ministry's projects ... Read more

8.8 billion riyals total real estate market transactions

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Reading time: < 1 MinuteThe real estate index recorded a decrease of 6.23% with a total value of transactions amounting to 8,811,141,003 riyals. The weekly report issued by the Ministry of Justice during the period from Sunday 10/8/1435H to Thursday 14/8/1435H showed an increase in notaries in Riyadh, Buraidah, Abha, Jizan, Al-Ahsa, Arar, Hafar Al-Batin, Mizahimiyah, Southern Ardiyah, Al-Bada'i, Al-Qawara, Al-Ayinah, Samta, Harimla, Al-Khubair, Riyadha, Rafha, Wadi Al-Dawasir, Al-Aflaj, Dumat Al-Jandal, ... Read more

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