Al-Jazira Bank Presents Its Financing Offers at Restax 2015

Reading time: < 1 MinuteAl-Jazira Bank is participating in the Riyadh Real Estate, Housing, and Urban Development Exhibition “Restatex 2015” at the Riyadh International Convention and Exhibition Center, with a booth showcasing its distinctive offerings across a range of specialized mortgage financing programs designed to meet the financing needs of all segments under favorable terms, reflecting the bank’s commitment to providing the best Sharia-compliant financing services to its customers, … Read more

Minister of Housing patronizes and opens the Restax exhibition. Tomorrow Sunday

Reading time: < 1 MinuteUnder the generous patronage of Acting Minister of Housing Dr. Essam bin Saad bin Saeed, the Riyadh Real Estate and Urban Development Exhibition (“Restatex Riyadh”) will kick off tomorrow, Sunday, at the Riyadh International Convention and Exhibition Center. The event will take place from April 27 to 29. For his part, Hussein Al-Faraj, CEO of “Restatex Real Estate” Exhibitions, welcomed the attendance of leaders from the real estate sector … Read more

«Mariat signs contract to supply Mana's water plant»

Reading time: < 1 MinuteMariat has signed a contract with the Mana Water Plant to build the region’s most advanced water plant, equipped with the latest global technologies in the water industry. The facility will feature three production lines with capacities ranging from 12,000 bottles per hour to 60,000 bottles per hour, supported by a fully automated system that begins at a desalination plant using the latest European technology in the field of water desalination, extending to… Read more

Al Jazeera Paints supports the second forum of the Visual Artists Association with a quarter of a million riyals

Al Jazeera Paints, the giant of the high-quality paints industry in the Middle East and neighboring regions, provided a generous support of a quarter of a million riyals to the Saudi Society for Fine Arts to hold its second forum and launch its competition on the prize of Al Jazeera Paints under the title (The Two Holy Mosques. Spirituality attracts the soul) with the participation of members of the Society and promising generations at the local and Gulf levels.

This great support allows the association to involve wider categories of creative artists with promising experiences and talents, and the competition will have 10 prizes from Al Jazeera Paints distributed as follows: First Prize: (30,000) thirty thousand riyals, Second Prize: (25,000) twenty-five thousand riyals, Third Prize: (20,000) twenty thousand riyals, Fourth Prize: (15,000) fifteen thousand riyals, and six prizes of (5,000) five thousand riyals each.

Mr. Abdullah bin Saud Al-Rumaih, General Manager of Al-Jazeera Paints, said that this support comes within the framework of the company's social responsibility as a leading national company, which seeks the development of society at various levels, including artistic and cultural aspects. He expressed his hope that the Al Jazeera Paints Award will be the first of its kind in the Kingdom's plastic arts scene. A broader horizon for visual artists, encouraging and motivating them to be creative in order to improve the artistic taste of the community. in all its categories.

It is worth mentioning that Al Jazeera Paints adopted the support of the first forum of the association, which witnessed great success last year under the title (Our Monuments: Creativity Embracing the Present), where the forum received the participation of employees of the association from different regions of the Kingdom and won ten artists and held three exhibitions in Riyadh, Jeddah and Abha, which were opened in the presence of the Undersecretary of the Ministry of Culture and Information Dr. Nasser Al-Hujailan and Mr. Abdul-Ilah Al-Rumaih, a member of the Board of Directors of Al Jazeera Paints Company.

Turkey invites Saudi and Gulf investors for investment and tourism

Reading time: < 1 MinuteKartbeyi Mayor Hasan Özülmer invited Saudi and Gulf investors to visit the municipality and expressed his willingness to welcome investors and those interested in purchasing property in the Marmara region, inspect the properties they intend to purchase to ensure their soundness, and officially register their ownership. He noted that some investors have been defrauded by individuals of certain nationalities who speak Arabic and reside in Turkey, as these individuals offer prime properties at attractive prices that are… Read more

Engineer Al-Zughaibi : The Fund's seven decisions will benefit 1.3 million citizens

Reading time: 3 MinutesEngineer Yusuf bin Abdullah Al-Zaghibi, Vice Chairman of the Board of Directors of the Real Estate Development Fund and the Fund’s General Manager, described the important decisions adopted by the Fund late last week as a significant step toward realizing the vision of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz —may God support him—in accelerating the resolution of the housing problem, noting that all programs approved by the Board of Directors … Read more

”Anan Housing” to Provide Housing for Employees of Panda Retail

Reading time: < 1 MinuteAnan Eskan and Panda Retail have signed an agreement under which Anan Eskan will provide housing services to Panda Retail employees. The agreement was signed on behalf of Panda Retail by its CEO, Mowaffaq Jamal, while Anan Housing’s CEO, Engineer Faisal Al-Sayegh, signed on behalf of his company. On this occasion, Mowaffaq Jamal emphasized their commitment to strictly adhering to employee housing requirements and their dedication to… Read more

Saudi Hollandi Bank Honors 300 Real Estate Partners in the Kingdom

Reading time: < 1 MinuteThe Saudi Dutch Bank organized a ceremony to honor real estate partners, including real estate agents and developers, at the Marriott Hotel in Riyadh. These programs come within the bank's keenness to sustain effective communication with its partners and strengthen the constructive partnership relationship with them, while the bank had held similar honors for real estate partners in both Jeddah and ... Read more

Coming soon. A new system to determine the prices of hotels and furnished apartments

Reading time: < 1 MinuteThe General Authority for Tourism and Antiquities in the region plans to launch a new system during the upcoming month of Ramadan that sets minimum and maximum price standards for apartments and residential hotels, with the aim of regulating the supply and demand market in accordance with quality and performance standards. Al-Hassan stated that the financial penalty the Authority will impose under the new system on non-compliant hotels and furnished apartments that do not adhere to the specified prices will reach … Read more

With a value of 20 billion riyals, the Ministry of Commerce is participating in “Ristax” by offering 17,000 housing units

Selling off-plan real estate units

Reading time: < 1 MinuteThe Ministry of Commerce and Industry is participating with a booth at the Riyadh Real Estate, Housing, and Urban Development Exhibition (Restatex), where it will showcase more than 17,000 real estate units to the public and visitors as part of its off-plan sales program, with an estimated value of over 20 billion riyals. The exhibition kicks off next Sunday and will run for four days. The exhibition will be accompanied by working sessions in which a number of investors and experts will discuss… Read more