Month: March 2015

“5 Big Saudi” 2015 in Jeddah. The International Building and Construction Exhibition kicks off today with the participation of major specialized companies

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Reading time: < 1 MinuteThe Big 5 International Building and Construction Exhibition, organized by the Saudi Export Development Authority (Saudi Exports), opens today, Monday, in Jeddah and will run from March 9-12. The event is sponsored by the real estate newspaper Amlak. Saudi Exports is organizing the exhibition to provide a valuable opportunity to showcase Saudi-made building and construction materials, which possess economic advantages that make them competitive with their counterparts in the Middle East. Read more

5 Big Saudi 2015 in Jeddah. The first women's workshop on LEED (Leadership in Energy and Environmental Design) will be held in Jeddah

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Reading time: < 1 Minute The Big 5 Saudi Arabia 2015 International Building and Construction Exhibition in Jeddah, which opens today, Monday, under the sponsorship of Amlak newspaper, has approved the organization of its first workshop for women on the Leadership in Energy and Environmental Design (LEED) system as part of this year's event. The workshop, scheduled for Wednesday, March 11, from 9:00 AM to 6:15 PM, will help in… Read more

“Tourism” recommends facilitating the work of investors, activates the decision to license the housing of pilgrims and Umrah pilgrims

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Reading time: < 1 Minute  The General Authority for Tourism has begun implementing the Cabinet's decision issued on 13 Rabi' al-Thani 1436 AH regarding licensing Hajj accommodation buildings for use in housing Umrah pilgrims and visitors. This was done in the presence of officials from several relevant agencies involved in implementing the decision. The meeting, chaired by Engineer Omar Al-Mubarak, Director General of the Licensing Department at the Authority, and attended by Adel bin Darwish Diouli, Head of the Hajj Accommodation Committee, and officials from the Ministry of… Read more

”Eastern Tourism” attracts migrant capital and flirts with real estate

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Reading time: < 1 Minute  Dr. Bassam Boudi, Vice Chairman of the Real Estate Committee at the Eastern Province Chamber of Commerce, revealed a shift of real estate capital towards tourism investment in the Eastern Province. This is due to the high demand for more than 80% of corporate and government events to be held in resorts and coastal areas of the region, thanks to their large spaces, diverse activities, and stunning scenery. Read more

Medina Board of Grievances refers revaluation to real estate offices

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Reading time: < 1 Minute Several real estate offices in Medina have begun reassessing properties expropriated for the King Abdullah bin Abdulaziz – may God have mercy on him – Grand Expansion Project of the Prophet's Mosque and the development of its surrounding areas. This follows their involvement by the Administrative Court in Medina (the Board of Grievances) in a number of appeals against the initial valuations… Read more

Faisal bin Salman inaugurates the heritage neighborhood in Medina

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Reading time: < 1 MinuteHis Royal Highness Prince Faisal bin Salman, Governor of Madinah Region, inaugurated the Madinah Heritage Village activities at King Fahd Park in Madinah. His Highness toured the village and expressed his admiration for its display of the rich heritage of the Madinah region. He called for its continuation and development year after year, to include new pavilions and diverse activities, given the high turnout of visitors, especially from… Read more

Small and medium-sized school transportation contractors

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Reading time: < 1 MinuteThe Saudi Credit and Savings Bank and Tatweer Educational Transportation Services Company recently signed a memorandum of understanding to develop support and financial resources for individuals and small and medium-sized school transportation contractors in the Kingdom. The signing took place at the bank's headquarters in Riyadh. The memorandum, signed by the bank's Director General, Dr. Ibrahim bin Abdulaziz Al-Hunaishil, and the company's CEO, Dr. Sami bin Abdullah Al-Dubaikhi, aims to… Read more

They emphasized the need for cooperation. Real estate professionals confirm that the real estate market is affected by the decisions and products of “Housing”

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Reading time: 2 MinutesReal estate experts have confirmed that the recent decline in demand in the real estate market stems from the large numbers announced by the Ministry of Housing in major cities, leading those seeking housing to wait and refrain from purchasing from the market and developers. In this regard, Abdullah Al-Ahmari, head of the Real Estate Valuation Committee of the Jeddah Chamber of Commerce and Industry, pointed out that the available liquidity… Read more

”Municipal and Rural Affairs” launches the project of implementing the real estate registration system for competition

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Reading time: < 1 Minute”The Ministry of Municipal and Rural Affairs has launched a tender for a strategic study to implement a real estate registration system across all cities and towns in the Kingdom. This follows the Ministry's completion of its initial feasibility study for the system and its initial implementation in the Riyadh region, which has been divided into three real estate zones. It is worth noting that the Ministry… Read more

Jeddah's new King Abdulaziz Airport wins best engineering design award

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Reading time: < 1 Minute The new King Abdulaziz International Airport project in Jeddah has achieved another victory for Saudi architecture, winning the award for Best Engineering Project among airports worldwide. This recognition came during the 8th Global Infrastructure Forum 2015, recently held in New York City, USA. The forum included the participation of more than 400 project owners and executives… Read more

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