Month: November 2015

Custodian of the Two Holy Mosques calls for the establishment of business councils between Arab and Latin American countries

by

Reading time: < 1 Minute  The Custodian of the Two Holy Mosques King Salman bin Abdulaziz, during his presidency of the Arab-Latin Summit, called for “establishing businessmen's councils, considering signing free trade agreements, avoiding double taxation, encouraging and protecting investments between the countries of the two regions that will provide a regulatory and legal framework to enhance trade flows between them.” The Custodian of the Two Holy Mosques added: “Opportunities to develop economic relations between our countries ... Read more

witnessing intense activity. Al-Ahsa Real Estate Committee plans to invite the Minister of Housing to meet with developers and contractors

by

Reading time: 2 Minutes  The Real Estate Committee at Al-Ahsa Chamber witnessed an extensive movement to activate some of the agenda related to current real estate issues, as it recommended inviting the Minister of Housing to meet with real estate developers and contractors during the month of Jumada I to discuss with them in various issues of the sector and provide their views, and recommended addressing the Saudi Commission for Certified Valuers to request to host the training course 103 (Fundamentals of Real Estate Evaluation) in Al-Ahsa during the month of ... Read more

Seven million square meters for Aniza Industrial City, infrastructure implementation soon

by

Reading time: < 1 Minute  In an area of seven million square meters, the Industrial Cities Authority intends to implement the industrial city of Unaiza, where it signed a memorandum with the municipality of Unaiza Governorate, located on the Riyadh highway opposite Al Ghurair Industrial Estate, and the infrastructure will be implemented by the Authority soon. On the municipality's side, M. Abdulaziz Al-Bassam, Mayor of Unaiza Municipality, and from the side of the ... Read more

MIT Enterprise Forum's SAR 200,000 Startup of the Year Competition and November 15 deadline to apply

by

Reading time: < 1 Minute  MITEF Saudi Arabia, the new branch of the MIT Global Entrepreneurship Network, and Bab Rizq Jameel have announced that they are now accepting nominations for the Best Startup Award in the Kingdom. The deadline for nominations is Safar 3, 1437 A.H., corresponding to November 15, 2015. The Forum and Bab Rizq Jameel set the terms of the competition, which is divided into two main tracks... Read more

Banque Saudi Fransi sponsors Saudi Trade Finance Summit

by

Reading time: < 1 MinuteBanque Saudi Fransi sponsored the Saudi Trade Finance Summit, the most important and influential summit for decision makers and senior professionals in the Kingdom's trade finance sector, which was held on November 10-11, 2015, at the Al Faisaliah Hotel in Riyadh. As part of its keenness to boost the economy and create more awareness in the Saudi business community, Banque Saudi Fransi sponsored the summit on November 10-11, 2015, at the Al Faisaliah Hotel in Riyadh. Read more

The Saudi Investment Bank wins “Golden Ribbon” award for Corporate Social Responsibility

by

Reading time: < 1 MinuteFor the second time in a row, the Tatweej Academy for Excellence Awards has awarded The Saudi Investment Bank (SAIB) with the “Golden Ribbon" award in the Social Responsibility category, at the 10th edition of the award ceremony held in Dubai last Sunday to honor leadership and management figures in Arab Islamic and commercial banks, as well as the financial and business sector in the Arab and Islamic worlds, in addition to the financial and business sector. It comes ... Read more

Number of Gulf nationals owning real estate in Saudi Arabia drops to 315

by

Reading time: < 1 MinuteThe number of Gulf nationals owning real estate in Saudi Arabia declined to 315 owners in 1436H, compared to 400 owners in 1435H, while citizens of the State of Kuwait led the number of real estate owners in the Kingdom from GCC citizens for the year 1436H with ownership of 228 owners, or about 73% of the total property owners in other countries, according to a report issued ... Read more

Real Estate Fund demands 30 billion per year to enforce its loans over 10 years

by

Reading time: < 1 MinuteThe Real Estate Development Fund has identified its annual need to support its resources by about 30 billion riyals annually in order to issue 60 thousand loans annually for ten years, and said in its annual report for the fiscal year 35-1436, which was submitted to the Shura Council and is expected to be discussed in the middle of next week on ... Read more

6 investment opportunities were sold ... Makkah Chamber's first auction achieves 42.0 million riyals

by

Reading time: < 1 MinuteThe sales volume of the first real estate auction hosted by the Chamber of Commerce and Industry in Makkah reached about 42.1 million riyals, selling six investment opportunities in the auction, which witnessed the presentation of seven investment opportunities in different locations in the holy capital. The auction activities follow the approval of the Ministry of Justice to hold public auctions at the headquarters of the Makkah Chamber of Commerce and Industry, and provided ... Read more

© 2026 Amlak Real Estate Newspaper | All rights reserved.