Month: May 2015

Special attention to special groups. The North Train sets off with 444 passengers and a speed of 200 km/h

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Reading time: < 1 MinuteWith the launch of the Northern Railway’s trial run scheduled for next June, the Saudi Railway Company (SAR) announced that it has completed all preparations for the trial operation. Sources reported that the daytime train has a capacity of 444 seats and is 280 meters long, consisting of two locomotives and nine cars of various types: four economy-class cars and three first-class cars… Read more

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Real estate development companies in Riyadh

Reading time: 2 MinutesNews from ”SAR”: The Northern Railway to Begin Operations Next June The Saudi Railway Company “SAR” in a press release that it intends to launch a phased operational program for its first passenger trains connecting Riyadh and Qurayyat via Majmaah, Al-Qassim, Hail, and Al-Jawf, in June, following the completion of the remaining parts of the line’s infrastructure… Read more

Jeddah Chamber discusses “Real Estate Development Fund Initiatives” at Jeddah Chamber tomorrow

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Real Estate Development Fund

Reading time: < 1 MinuteUnder the title “Real Estate Development Fund Initiatives,” the Fund will hold its second workshop tomorrow evening, Monday, at the Jeddah Chamber of Commerce and Industry – Saleh Al-Turki Hall (11th floor) at 9:00 p.m. The workshop will bring together members of the Urban Development Committee and a number of real estate developers in Jeddah. The Real Estate Development Fund had previously held its first workshop, which … Read more

Real Estate Fund: A local bank to manage investment loans... and submit applications online

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Real Estate Development Fund

Reading time: < 1 MinuteAccording to media reports, the Real Estate Development Fund is currently working to finalize a new agreement with a local bank to manage an investment loan product for individuals and developers, as an extension of the active partnership programs between the Real Estate Development Fund and financial institutions, which were launched with the support of the Saudi Arabian Monetary Authority. In the same vein, the Real Estate Fund approved the investment loan product, and the implementing regulations were adopted … Read more

Dar Al Arkan wins the “Innovation in Real Estate Development” award for 2015

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Reading time: < 1 MinuteRegarding the ”Shams Riyadh” project, Dar Al-Arkan Real Estate Development Company has achieved a new milestone by winning the “Innovation in Real Estate Development” Award for 2015, presented by *Entrepreneur* magazine. Abdulaziz Al-Duaian, Director of Marketing and Public Relations, accepted the award on behalf of the company from Khalid Al-Muqairn, Vice Chairman of the Board of Directors of the Riyadh Chamber of Commerce and Industry, at a ceremony held by … Read more

Al Sarh Tourism honored for its participation in Dubai Travel Market

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Reading time: < 1 MinuteThe Al Sarh Travel & Tourism booth attracted significant attention from visitors and industry professionals at the “Arabian Travel Market (ATM) 2015,“ which was recently held in Dubai. The company’s participation received widespread praise and was honored with certificates of appreciation and commemorative plaques in recognition of its contributions to the development of travel and tourism in the Arab region. Al-Sarh made a prominent showing among Arab travel companies, institutions, and agencies. On this occasion, Talal said … Read more

Specialists : Selling real estate to expand the Prophet's Mosque lowers prices

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Reading time: < 1 MinuteExperts have confirmed that the decision to allow the sale, purchase, and consolidation of real estate within the Custodian of the Two Holy Mosques Project for the expansion of the Prophet’s Mosque will limit grievances arising from the assessment of compensation and help curb prices, given that our market is generally a free market governed solely by the fundamental market forces of supply and demand and the economic conditions of the spot market. In this regard, Eng. Kamal … Read more

 ”Al Hokair Hotels wins tourism excellence awards

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Reading time: < 1 Minute Al-Hokair Group for Tourism and Development’s hotels were honored with five awards at the fifth edition of the Saudi Tourism Excellence Awards, A ceremony was held for the occasion, during which His Royal Highness Prince Sultan bin Salman bin Abdulaziz, President of the General Authority for Tourism and Antiquities, presented the awards to the winning companies. Al-Hokair Group took first place with the highest number of awards for a single group among the 35 winners, and expressed … Read more

“Modon” : We have more than 5600 factories operating in industrial cities and we offer rewarding facilities

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Reading time: 2 MinutesThe Saudi Authority for Industrial Cities and Technology Zones (MODON) announced that there are approximately 5,600 factories operating in the industrial cities under MODON’s supervision, Sami Al-Hussein, Director of Marketing and Public Relations at MADIN, explained that MADIN does not target only financially well-off industrial investors, but also pays special attention in its approach to entrepreneurs who own small and medium-sized enterprises, adding: … Read more

Anjal Al Fursan's Al Hamra Scheme in Al Kharj to be auctioned next Wednesday

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Reading time: < 1 MinuteAngal Al-Fursan Real Estate and Al-Zamil Real Estate have finalized all arrangements for the launch of the Al-Hamra development auction, “A Gem in the Heart of Al-Kharj,” next Wednesday. The project features a dedicated area for mansions and villas designed to provide peaceful living, as well as plots for residential or investment purposes in subdivided lots ranging from 231 square meters, alongside a variety of commercial options. Salman Al-Othman, Chairman of Anjal … Read more

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