Real estate in Jazan calls for decisions to curb prices

Reading time: < 1 MinuteThe Deputy Chairman of the National Real Estate Committee of the Council of Chambers of Commerce and Industry, M. Mohammed Saleh Al-Khalil stressed the importance of the continuity of the Ministry of Housing in stimulating real estate developers in the Kingdom and strengthening this role through the authorized body, which is the Ministry of Housing, stressing the difficulty of lowering prices; the housing sector in the Kingdom still needs more time. Al-Khalil said that there is an interaction ... Read more

GCC investors invest SAR 2 billion in Al-Ahsa real estate market

Reading time: < 1 MinuteThe volume of Gulf investments traded during the two years in the real estate sector in Al-Ahsa Governorate amounted to 2 billion riyals, and the largest percentage will be the share of the brotherly State of Qatar. The Vice President of the Chamber of Commerce and Industry in Al-Ahsa, Chairman of the Real Estate Committee, Engineer Khalid bin Saud Al-Saleh, said that the advantage of Al-Ahsa's strategic location and being considered a crossroads between the regions of the Kingdom and the Gulf countries allows investors ... Read more

Abdulkarim Al-Nafea begins his duties as Director General of the Industrial Development Fund

Reading time: < 1 MinuteAbdulkarim Al-Nafea has started his duties as Director General of the Industrial Development Fund (IDF), following his appointment decision issued by the Board of Directors of the Fund, chaired by the Minister of Commerce and Industry Dr. Tawfiq Al-Rabeeah. He has more than 30 years of experience in public and private sector industrial organizations, during which time he held several supervisory and leadership positions, including twenty-one years in ... Read more

«MODON signs a contract to establish the largest integrated logistics center in the region in Sudair

Reading time: < 1 MinuteThe Saudi Authority for Industrial Cities and Technology Zones (MODON) signed a contract with Dar Al Bandar International Company (Landmark Arabia), to establish an integrated center with an area of 150 thousand square meters and a permitted height of (25 meters) containing warehousing activities and administrative offices for the activity and some ancillary activities in Sudair City for Industry and Business, in continuation of doubling the attraction of major logistics companies to industrial cities ... Read more

Prince Miteb announces the completion of 2,000 housing units for Guard personnel in Medina and Yanbu

Reading time: < 1 Minute His Royal Highness Prince Miteb bin Abdullah bin Abdulaziz, Minister of National Guard, announced during his inspection visit to the headquarters of the King Faisal Special Brigade of the National Guard in Medina that 1250 housing units are ready in Medina, in addition to 750 other housing units in Yanbu Governorate to house National Guard officers and personnel, equipped with all medical, educational and service facilities, and will be completed ... Read more

Real Estate Development Fund expected to offer financing to owners of planned land in major cities

Reading time: < 1 MinuteAfter Riyad Bank won the management and operation of the investment loan program for individual and corporate real estate developers, press sources suggested that the Real Estate Fund will launch a public competition for local financial institutions to finance the owners of approved planned lands in major cities in order to prepare the infrastructure in those plans according to specific conditions, including: The area of each of the residential plots in those ... Read more

Three Saudi banks say they are ready to offer accelerated loans after Eid al-Fitr

Real Estate Development Fund

Reading time: < 1 MinuteThree Saudi banks have announced their readiness to offer the accelerated loan immediately after Eid al-Fitr, and after completing their negotiations within the group of local banks with the Real Estate Development Fund. The three banks have expressed their readiness for the accelerated loan, provided that the product is ready to be offered according to a Sharia formula approved by their Sharia bodies, after the holy month of Ramadan, and before the end of this year. Came ... Read more

“Makan Company is the exclusive marketer of the ”Yacht“ project in Al Yasmeen neighborhood, north of Riyadh

Reading time: < 1 MinuteMakan Company for Installment and Real Estate Development has won the privilege of marketing the fifth phase of the “Yacht” project in the Al Yasmeen neighborhood, north of Riyadh, after signing an agreement with Bin Kleib Real Estate Investments Company (Bin Kleib). Mohammed Bin Saad Bin Kleib, General Manager of Bin Kleib, said that the choice of Makan came out of our keenness to succeed in marketing the project, especially since it is located in an area that is witnessing ... Read more

Alwaleed bin Talal donates his entire fortune ($32 billion) to charity and humanitarian work

Reading time: < 1 MinuteHis Royal Highness Prince Alwaleed bin Talal bin Abdulaziz Al Saud, Chairman of the Board of Trustees of Alwaleed Philanthropies, announced at a press conference that he has pledged to donate his wealth to charity and humanitarian work in the amount of 120 billion Saudi riyals (32 billion dollars), according to the deliberate plan for the coming years: “To build a better world, where ... Read more

Jeddah's first park for people with special needs

This set of photos is of the first park equipped for people with special needs in the Kingdom, located in the Al Salama neighborhood on Prince Sultan Street in Jeddah. which was inaugurated yesterday evening by Jeddah Governor Hani Aburas.

The park is the first park fully dedicated to people with special needs to provide a public outlet for them that contributes to their integration into society, gains them confidence and strengthens their will to participate effectively in society, as Jeddah Municipality took care to set the highest technical and specialized specifications in designing the park and selecting its elements very carefully..

The park covers a total area of 7700 square meters, of which more than 1200 square meters are covered with green spaces, and about 160 trees, 30 palm trees, and 2000 shrubs have been planted in it, and the park is equipped with an automatic irrigation system, 30 sessions and games for children, in addition to the installation of 50 lighting poles, 3350 square meters of asphalt, a theater for educational and cultural presentations, a mural space for painting, a smart area equipped with Wi-Fi Internet, and a playground that was implemented with special specifications on a total area of 3350 square meters. Asphalt, a theater for educational and cultural performances, a mural space for painting, a smart area with Wi-Fi internet, a playground implemented with special specifications on a total area of 264 m2, in addition to the construction of a rubber walkway (Rubber) with an area of 868 m2 and providing it with restrooms adapted for people with special needs..