Month: December 2015

New municipal projects to beautify the holy capital worth 50 million riyals

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Reading time: < 1 Minute  The Holy Capital Municipality plans to implement a number of vital projects with a total value of more than 50 million riyals, including a project to rehabilitate sidewalks and pedestrian walkways on the roads and streets of Makkah and the Holy Sites, valued at 55,901,750 riyals and lasting three years, and a project to provide engineering consulting services for the preparation of various studies and designs for parks at various locations in Makkah, valued at 1,310,000 riyals and lasting two years … Read more

The Minister of Commerce issues a decision appointing the members of the Board of Directors of the Saudi Contractors Authority“

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Reading time: < 1 MinuteHis Excellency Dr. Tawfiq bin Fawzan Al-Rabiah, Minister of Commerce and Industry, issued a decree appointing the members of the first Board of Directors of the Saudi Contractors Authority with the aim of developing the construction sector in the Kingdom and raising the professional standards of those in the industry. This came pursuant to the Cabinet’s decision issued on 23/11/1436 AH approving the regulations of the Saudi Contractors Authority and granting the Minister of Commerce and Industry the authority to form … Read more

Saudi-Algerian committee signs three agreements to enrich the volume of investment exchange between the two countries  

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Reading time: < 1 MinuteThe 11th session of the Saudi-Algerian Joint Committee, held recently in Riyadh, saw the signing of three partnership agreements between the two countries: a cooperation agreement between the Government of the Kingdom and the Algerian Government in the field of maritime transport, a memorandum of understanding on cooperation between the Saudi Capital Market Authority and the Algiers Stock Exchange, and a work program for cooperation in the fields of planning, forecasting, and statistics between the Kingdom’s Ministry of Economy and Planning, … Read more

According to a royal decree. Prince Mohammed bin Salman as Chairman of the Economic Cities Authority

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Reading time: < 1 Minute  The Custodian of the Two Holy Mosques, King Salman bin Abdulaziz, issued a royal decree appointing Prince Mohammed bin Salman, Deputy Crown Prince and Chairman of the Council of Economic and Development Affairs, as Chairman of the Board of the Economic Cities Authority. The royal decree included an amendment to Paragraph 1 of Article 4 of the Economic Cities Authority Regulation to read as follows: “The Authority shall have a board of directors chaired by the Chairman of the Council of Economic Affairs … Read more

During the Investment Opportunities Forum, MODON offers residential and commercial complexes, hospitals and logistics services

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Reading time: < 1 MinuteThe Saudi Authority for Industrial Cities and Technology Zones (MODON) plans to launch integrated residential complexes that meet international standards through the “Investment Opportunities in Industrial Cities” at the Ritz-Carlton Hotel in Riyadh, which will be held on Tuesday, December 15. It will also offer training centers, restaurant complexes, medical and commercial centers, gas stations, cafes, markets, service centers for industrialists, sports centers, as well as centers … Read more

The Ministry of Housing launches its 2016 projects with a variety of programs and housing products

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Reading time: < 1 Minute  The Ministry of Housing is kicking off the new year 2016 by rolling out the largest package of government support programs for the 730,000 eligible Saudi families. This includes several programs, such as: housing loans, land and loan products for more than 100,000 beneficiaries, and the allocation of housing units. The new package includes advanced and innovative programs to increase the housing supply in partnership with the private sector, … Read more

With more than 1000 participants. ArabNet Forum kicks off tomorrow in Riyadh

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Reading time: < 1 Minute With more than 1,000 attendees, 80 speakers, and 50 exhibiting companies from the Kingdom, the region, and around the world, the ArabNet Riyadh 2015 conference will host more than 1,000 attendees, 80 speakers, and 50 exhibiting companies from the Kingdom, the region, and the world. The ArabNet Riyadh 2015 conference kicks off tomorrow, Monday, December 14, and runs through the 16th of the same month. The conference addresses the specific needs … Read more

“Ma'aden adopts pioneering initiatives to protect integrity and combat corruption by applying strict transparency standards

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Reading time: < 1 Minute  The Saudi Arabian Mining Company (Ma'aden) has outlined its values and standards of transparency, explaining that they represent the company’s open mission and guiding principles in its dealings, This was stated in a paper presented by Bakr Al-Haboub, Secretary General of Ma’aden’s Board of Directors, at the “Break the Corruption” seminar organized by the National Anti-Corruption Commission “Nazaha” to mark International Anti-Corruption Day. He said that the company … Read more

Half a billion riyals pumped in recently. Makkah Chamber organizes a new auction on eight properties

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Reading time: < 1 Minute  The Makkah Chamber of Commerce continues to hold its public auctions, with a new auction scheduled for tomorrow afternoon, Monday, in cooperation with the Third Division of the Enforcement Court in Makkah, to sell eight diverse properties, including real estate belonging to the heirs of Turki Khalifa Al-Musalloukh located in Makkah, which consists of a five-story building leased to a school on Malqiyah Street in the Al-Ateibiyah neighborhood, … Read more

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