Month: March 2016

802 citizens will participate in a lottery for residential land grants in Hail next week

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Reading time: < 1 MinuteThe Mayor of the Hail Region, Engineer Ibrahim bin Saeed Abu Ras, called on citizens eligible for the distribution of residential land grants in the Hail Region to attend the lottery proceedings, which will be held at Al-Magwaa Recreational Park in Hail this coming Sunday and Monday, emphasizing that the municipality is currently working to finalize all grant orders. The Hail Municipality had previously designated Sunday and Monday … Read more

“Shamool Holding is a strategic partner of the first urban forum in Riyadh

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Reading time: < 1 MinuteShumool Holding is sponsoring the First Urban Forum as a strategic partner, The company emphasized its commitment to participating in such events related to cities and urban planning, given their importance to the local economy and to providing a better quality of life for residents, which positively impacts the projects being implemented in these cities. The company’s participation comes as it currently owns and is implementing the Avenues Riyadh complex project, one of … Read more

Saudi Arabia advances 18 places in real estate registration rankings as a result of Ministry of Justice reforms

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Reading time: < 1 MinuteThe Kingdom moved up 18 places in the property registration ranking, placing 31st out of 189 countries, up from 49th in 2015; The World Bank attributed this progress to the reforms and development initiatives undertaken by the Ministry of Justice across all judicial sectors, including the notary sector, which is undergoing a qualitative leap in streamlining and reengineering procedures, and leveraging … Read more

Under the patronage of the Custodian of the Two Holy Mosques. The first urban planning forum in Riyadh kicks off today

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Reading time: < 1 MinuteWith the participation of 55 speakers across 11 scientific sessions, the first Urban Planning Forum will kick off in Riyadh, organized by the Ministry of Municipal and Rural Affairs from March 29-31 under the slogan «Modern Trends in Urban Planning» under the patronage of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz - may God protect him - under the patronage of the Custodian of the Two Holy Mosques. On this occasion, the Undersecretary of the Ministry of Municipal and Rural Affairs for City Planning, Dr. Abdulrahman ... Read more

Ministry's performance deserves a long pause Shura's discontent over the poor achievements of the Ministry of Housing“

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Reading time: 2 MinutesThe report by the Shura Council’s Housing Committee, which the Council is expected to discuss shortly, includes a number of recommendations for the Ministry of Housing to address shortcomings in its performance over the past few years, expressing dissatisfaction with the Ministry’s final tally of achievements, which amounted to only 3,090 housing units. The Ministry’s performance warrants serious reflection, and the Housing and Public Services Committee clarified in its review of the Ministry’s report … Read more

Travel and Tourism Forum 2016 kicks off amid strong leadership interest in the tourism sector

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Reading time: 2 Minutes In the presence of His Royal Highness Prince Faisal bin Bandar bin Abdulaziz, Governor of the Riyadh Region and Chairman of the Region’s Tourism Development Council, and His Royal Highness Prince Sultan bin Salman, President of the General Authority for Tourism and National Heritage, the 9th edition of the Saudi Travel and Tourism Investment Forum 2016 kicked off yesterday evening at the Riyadh International Convention and Exhibition Center. During the forum’s opening ceremony, organized by the Authority … Read more

 State Property Authority offers real estate developers four sites for investment in Makkah

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Reading time: < 1 MinuteThe Ministry of Finance, represented by the State Property Authority, is offering four investment sites to real estate development companies at property auctions, as follows: On the 28th of the current month of Jumada al-Akhira, the auction will be held for a three-story building in the Ajyad neighborhood opposite the Royal Palaces, with an area of 75 square meters, while the 20th of the coming month of Rajab has been set for the auction of three other properties … Read more

Saudization rate 75% Saudi Arabian General Investment Authority (SAGIA) sets new regulations for foreign companies

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Reading time: < 1 MinuteThe General Investment Authority has required foreign and joint-venture companies to limit the proportion of foreign workers to a maximum of 25% of their total workforce, provided that the establishment divides them into 10% managers and specialists and 15% technicians and workers, or vice versa. The Authority has established new regulations for the issuance and renewal of investor visas or general manager visas effective February 15, 2016, in order to facilitate high-quality investments … Read more

Jeddah Municipality thwarts attempts to encroach on more than 9.6 million square meters in 6 months

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Reading time: < 1 MinuteThe Southern Sub-Municipality of the Jeddah Municipality thwarted an attempt to sell an unauthorized development covering an area of two million square meters. Engineer Mohammed Al-Zahrani, head of the municipality, explained that concrete slabs, scaffolding, and wooden crates had been removed from the Al-Malisah “Government Land” in the Al-Khamra area, covering an area of approximately two million square meters, noting that over the past six months, the municipality has thwarted encroachments covering an area of more than approximately nine … Read more

Ministry of Justice bans sale of orphan homes granted by the Social Affairs Ministry after 5 years

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Reading time: < 1 MinuteThe Ministry of Justice has issued a decision prohibiting the sale of housing units for orphans—which were granted to them by the Ministry of Social Affairs—until five years have elapsed from the date of the grant, in the best interests of the orphans. The Minister of Justice, Dr. Walid Al-Samaani, directed that this condition be included in the deed. The Ministry’s Information Technology Department was also instructed to place a ban on the transfer of the deed in the electronic system for a period of … Read more

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