Month: July 2015

The Ministry of Housing's partnership with the private sector strengthens the cohesion of the real estate market

by

Reading time: 2 Minutes  Why is the real estate market in the Kingdom holding up so well despite the shaking of many other investment areas? At the same time, real estate specialists rule out the flight of Saudi real estate funds to other attractive capital markets because the real estate market - simply put - has proven to be one of the best investment sectors, and comes second from ... Read more

A general decline in real estate indicators for 1436 AH, and Riyadh is the most active city

by

Reading time: < 1 MinuteBy the end of the holy month of Ramadan 1436 AH, the value of real estate transactions that took place during the last nine months of this year amounted to 301.2 billion riyals, a decrease of 16% compared to the same period last year. Data issued by the Ministry of Justice revealed the diversity of deals between commercial and residential as follows: 1- The value of residential transactions in the first nine months amounted to about ... Read more

Hot summer and thorny issues on the table of the new housing minister Abdulaziz Al-Issa

by

Reading time: 2 MinutesThe new Minister of Housing, H.E. Mr. Majid Al-Hogail, is receiving congratulations today in his office at the Ministry of Housing on his appointment as Minister of Housing. He is also receiving congratulations from the Ministry's employees on the occasion of Eid Al-Fitr, and Wednesday is considered an exceptional day in the corridors of the Ministry of Housing as it is the first day of Mr. Al-Hogail's work. The new minister is expected to have a busy summer ahead of him. Read more

Coinciding with a growing economy. Home prices continue to rise in China

by

Reading time: < 1 MinuteHouse prices in China continued to rise for the second consecutive month in June on a monthly basis, with the increase amounting to 0.4%, indicating that the government's efforts to boost the struggling real estate sector are gaining momentum. Observers interpret the rise in prices as a sign of recovery in some sectors of China's national economy, especially growing per capita income, and will limit ... Read more

3500 riyals per day rent ... Taif rest houses thrive during Eid al-Fitr vacation

by

Reading time: < 1 Minute  Tourist rest houses and resorts during the Eid Al-Fitr holiday witnessed a great demand by citizens and residents, which led Taif rest houses these days to revive their market significantly to spend the days of Eid and occasions in them, in order to break the daily routine and find the largest possible time in an exploitative manner away from external participation or the crowds of other gatherings. In this season, the restrooms formed a growth ... Read more

Dubai Expo 2020 boosts foreign investment in hospitality and tourism

by

Reading time: < 1 Minute  The real estate, hospitality and tourism sectors in the UAE are anticipating the approaching Dubai Expo 2020, which will be a factor in attracting many investments and will revitalize the tourism sector in Dubai, as the emirate plans to attract 20 million visitors annually by 2020. As a result of the anticipation of such events, foreign direct investment (FDI) in the hospitality sector has increased, strengthening Dubai's position ... Read more

The Ministry of Housing receives Minister Al-Hogail tomorrow with a hot summer of burning files

by

Reading time: < 1 MinuteThe Ministry of Housing is preparing tomorrow to receive the new minister, H.E. Majid Al-Hogail, who was recently sworn in before the Custodian of the Two Holy Mosques as Minister of Housing, and will receive congratulations on the occasion of his receiving the precious royal trust and on the occasion of Eid Al-Fitr, and tomorrow, Wednesday, is an exceptional day for ministry employees to welcome the minister and introduce them and see the outlines of the programs and strategies of the minister ... Read more

“Sharqiya plans to launch 40 hotels in the next two years

by

Reading time: < 1 MinuteThe Director General of the General Authority for Tourism and National Heritage, Secretary of the Tourism Development Council in the Eastern Province, Mr. Abdullatif bin Mohammed Al-Bunyan revealed a qualitative leap in the tourism accommodation sector in the region, in response to the classification criteria applied by the Authority, to cover the volume of the growing demand for accommodation facilities until the operational capacity of the hotel sector reached 115 hotels, including 13 hotels from ... Read more

King Fahd Airport in Dammam begins construction of private aviation building

by

Reading time: < 1 MinuteKing Fahd International Airport in Dammam plans to establish and operate a private aviation building to serve the owners of private planes, as the building, which is located north of the Royal Hall, will include a private apron that will accommodate dozens of parking lots for planes of various sizes. The airport administration is expected to conclude a contract for this purpose with the American company «XJet», which is one of the largest specialized and globally ranked companies in ... Read more

© 2025 Amlak Real Estate Newspaper | All rights reserved.