Jeddah prepares to welcome Shangri-La's world-class hotel services

Reading time: < 1 MinuteShangri-La Hotel Group is set to launch one of its world-class hotels in Jeddah. The 242-room, 65-story hotel is located on Jeddah's Corniche Road, overlooking the Red Sea. Shangri-La Group will not only operate and develop the hotel, but will also manage the 122 Residence Apartments in the tower. The hotel will feature three... Read more

“The Saudi Investment Company launches LiveChat service to communicate with its customers

Reading time: < 1 Minute  The Saudi Investment Bank (SAIB) has launched a LiveChat service that provides direct communication with visitors to the bank's website around the clock, allowing visitors to get a direct answer to all their inquiries related to the bank. The live chat service operates 24 hours a day, seven days a week, with a professional and specialized team at SAIB's website responding directly ... Read more

Ewan develops 559 residential units in Jeddah through its partnership with ”Housing”

Reading time: < 1 MinuteEwan International Housing has signed a strategic partnership agreement with the Ministry of Housing to contribute to the development of the BABK housing project, which was unveiled by the Ministry of Housing at the Jeddah Projects Exhibition, which was inaugurated by HRH Prince Khalid Al Faisal, Emir of Makkah in the presence of Dr. Essam bin Saeed, Minister of Housing. The company will develop 559 of the 4,300 residential units. Read more

Al Dana Bay is developing a resort around 110 villas

Reading time: < 1 MinuteAl Dana Bay Company in the Eastern Province has completed the land sorting procedures and started emptying and handing over the deeds to buyers in Qusour Al Dana, adding that the Qusour Al Dana neighborhood consists of 70 plots overlooking the sea directly, spread over 200 thousand square meters. Dr. Bassam Boody, Managing Director of Dana Bay Company, said that the company is currently working on establishing a beach resort that includes ... Read more

“Conference and Exhibition Committee” adopts the standards and mechanisms of the 2016 trade fair plan  

Reading time: 2 MinutesHis Royal Highness Prince Sultan bin Salman bin Abdulaziz, Chairman of the Saudi Commission for Tourism and Antiquities, stressed the importance of developing existing exhibition and conference centers and creating new facilities with international standards, which contribute to enhancing the Kingdom's capabilities in attracting international events, which is a key requirement to raise the quality of services and organizers in the sector, and increase the attractiveness of visiting exhibition and conference centers, noting ... Read more

”Tourism Authority” approves the implementation of the hotel project loan program with 100 million riyals

Reading time: < 1 MinuteThe Saudi Commission for Tourism and Antiquities (SCTA) has approved the lending program for hotel and tourism projects, which was issued by a Cabinet decision and stipulated that the program be approved in accordance with regulations set by the Ministry of Finance and SCTA to expand the scope and areas of lending covered by the program, in preparation for the start of implementation of the program soon. The regulation stipulates increasing the upper limit of lending from 50 million ... Read more

Three development projects worth 11 million riyals in Beljarashi governorate

Reading time: < 1 MinuteBaljarshi Municipality has started implementing a number of development projects in the governorate with a total cost of more than 11 million riyals. The project includes the establishment of a model slaughterhouse in the governorate at a cost of more than one million riyals, the establishment of new markets and slaughterhouses next to the new slaughterhouse, which was awarded to the contractor after the award of the project at a total cost of eight million riyals, in addition to the municipality's finalization of the project to develop the terminals ... Read more

50 properties without legal deeds removed in Makkah

Reading time: < 1 Minute  As part of its efforts to stop encroachments on government lands, the Shawqiya Sub-Municipality in Makkah removed 50 buildings, buildings and sheds that were built in random ways and without legal deeds, with the participation of a number of administrative control personnel and members of the security authorities. The municipality took all measures to ensure that they do not recur. M. Mamdouh Iraqi, mayor of the municipality, emphasized that there are directives issued ... Read more

Real Estate Fund Approves Accelerated Loan Program

Real Estate Development Fund

Reading time: < 1 MinuteThe Board of Directors of the Real Estate Development Fund (REDF) agreed in its fourth regular meeting yesterday, chaired by the Minister of Housing and Chairman of the Board of Directors of the Fund, Dr. Essam bin Saad bin Saeed, to launch the accelerated loan program. The accelerated loan program will enable applicants on the waiting lists to go to the banks with which the Fund will agree to obtain the loan and the Fund will pay the cost of the loan ... Read more

“Enmaa Real Estate develops 288 residential units in ”Economic City“

Reading time: < 1 MinuteReal Estate Projects Management and Development Company intends to develop a residential complex containing 288 housing units in Al-Bilsan neighborhood in King Abdullah Economic City with an investment of two hundred and fifty million riyals, including the value of the project land of 119530 square meters, worth forty-seven million eight hundred and twelve thousand riyals, and in this regard the company signed an agreement with Emaar Economic City ... Read more