Riyadh Chamber supports the business sector with a range of information services

Riyadh Chamber

Reading time: 2 MinutesThe Riyadh Chamber, represented by the Information Center, has launched a package of services that include inquiring about commercial agencies, commercial reputation and commercial register, in addition to the service of commercial opportunities data and search in the tender base, in addition to a range of other information services related to government departments and local and international commercial transactions, in order to enhance the role of institutions and serve the business sector and maximize its role in the movement of ... Read more

Implementation of the real estate valuation regulation begins at the end of December

Reading time: 2 MinutesThe competent authorities are expected to start implementing the new real estate valuation regulations at the end of this year, and the real estate valuation profession must obtain the status of a basic member of the Authority before December 31, 2015. Tasks of the real estate valuation profession The real estate valuation profession focuses on determining the value of real estate in all its forms of land ... Read more

“Almoosa Group organizes its annual iftar ceremony for its employees

Reading time: < 1 Minute  On the occasion of the holy month of Ramadan, Moosa Bin Abdulaziz Al Moosa & Sons Real Estate Group organized its annual Iftar ceremony for its employees, in order to enhance the spirit of communication between its employees as one family and to achieve the principle of solidarity and cooperation. For his part, the Chairman of the Board of Directors of Moosa Bin Abdulaziz Al Moosa & Sons Real Estate Group said that organizing the annual Iftar ceremony is an opportunity to emphasize the bonds of interdependence ... Read more

Sharqiya Housing Exhibition registers more than 400 final contracts and speculation that the exhibition will be extended

Reading time: < 1 MinuteThe Ministry of Housing's exhibition in Dhahran is expected to be extended to August, due to the coincidence of the exhibition with the holy month of Ramadan and the official vacation of schools and some government and private sector employees. In the same context, real estate development companies participating in the exhibition bet on selling the entire supply and signing with beneficiaries if the exhibition is extended to (August), adding that ... Read more

Ministry of Housing imposes transparency on sales of companies participating in its exhibitions

Reading time: 2 MinutesThe Ministry stressed the need to deal with the principle of transparency and speed in the results of housing fairs by sending real estate development companies official statistics showing the number of sales of the company at the end of each marketing day, away from the mechanism previously adopted by the ministry, which relied only on what was sent from the branch of the Ministry of Housing. The ministry stressed the need to adhere to this circular, and not to postpone ... Read more

Cayan Group secures its place in the 2015 Arab World's Most Powerful Companies list“

Reading time: < 1 MinuteCayan Group, a leading real estate developer and investor in the Middle East, has secured its place on the list of “The Most Powerful Companies in the Arab World 2015” Forbes Middle East ranked Cayan Group as one of the most powerful companies in the Arab world in 2015. The magazine held a gala dinner on June 9 at the Oberoi Hotel in Dubai, which included an awards ceremony that honored Arab companies ... Read more

Cabinet approves amending the name of the “Tourism Authority” to the “General Authority for Tourism and National Heritage”

Reading time: 5 Minutes  The Cabinet approved amending the name of the General Authority for Tourism and Antiquities to the General Authority for Tourism and National Heritage. This came as the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud presided over the session held by the Cabinet on Monday evening at Al Salam Palace in Jeddah. At the beginning of the session, the Custodian of the Two Holy Mosques briefed ... Read more

Consul General at the Turkish Embassy warns Saudis about his country's real estate market

Reading time: < 1 MinuteA high-ranking official at the Turkish Embassy warned Saudis not to fall into the trap of fraud in the real estate sector in his country due to their reliance on agents of unrecognized real estate companies and offices or those that violate Turkish regulations. With the increase in Saudi tourists in Turkey during the summer vacation, the Turkish Consul General in Jeddah through the press directed Saudi investors in ... Read more

“Aqari finalizes the sale of 55 investment plots in Al Hamra scheme in Buraydah

Reading time: < 1 Minute  Aqari Real Estate Marketing Company - a subsidiary of Salman bin Abdullah bin Saeedan Real Estate - has completed the sale of all investment plots in the Al Hamra Pearl scheme in Buraydah. The Al Hamra scheme varies between residential, commercial, and multi-storey investment lands, as it includes 55 plots with areas starting from 600 square meters. All investment plots are suitable for furnished apartments, residential units intended for rental, ... Read more

”Jabal Omar Project” wins MEED Construction Award«

Reading time: < 1 Minute  Jabal Omar Development Company (JODC) was crowned with the MEED Award for the best construction project of 2015 at the level of the Kingdom and the Gulf region, due to the company's success in finding outstanding creative engineering solutions that were used in the completion of the first phase of its mega project next to the Grand Mosque on the fourth day of Ramadan, corresponding to the twenty-first day of June 2015. ... Read more