Month: March 2016

480 luxurious rooms and suites give Al Marwa Rotana the lead in Makkah's hospitality sector

by

Reading time: < 1 MinuteRotana, a company specializing in the hospitality and hotel sector, announced an increase in its annual occupancy rate, with Al Marwa Rayhan Hotel maintaining its leading position in the hospitality sector in the Holy City. Al Marwa Rayhan by Rotana offers its guests more than 480 luxurious rooms and suites, each featuring breathtaking views of the Grand Mosque in Makkah, along with support services tailored to … Read more

Suleiman Al Rashid: 11% of construction work completed for Mada Residences next to The Dubai Mall

by

Reading time: < 1 MinuteArtar Real Estate Development—a subsidiary of Abdulrahman Saad Al Rashid & Sons—has completed 11% of the construction work on the luxury “Mada Residences” tower project in Downtown Dubai, while construction has reached the third floor of the tower’s main block, which comprises 36 floors. The overall construction of the tower coincides with the closing of the first sales phase for the project, which includes 193 … Read more

Jeddah Economic City and the world's tallest tower shape Jeddah's future

by

Reading time: 2 MinutesJeddah Economic Company, the owner and developer of the Jeddah Economic City project and the world’s tallest tower in Jeddah, announced the completion of the “Al-Inmaa Jeddah Economic City” Fund has finalized its financing arrangements with Al-Inmaa Bank in the amount of 3.2 billion riyals. This financing will fund the construction and development of the infrastructure for the first phase of the Jeddah Economic City project and the completion of the Jeddah Tower, which has now reached the … Read more

Rent lawsuits amounted to 41% 14858 real estate cases received by the Kingdom's courts during 5 months

by

Reading time: 2 MinutesPress reports revealed that 14,858 real estate cases were filed with the Kingdom’s courts during the first five months of the current year, 1437 AH, with 6,111 cases involving property rent accounting for 41.1% of the total, while property ownership cases accounted for 15.6%, totaling 2,323 cases, evictions of occupants present accounted for 32.9% (4,889 cases), and evictions of absent occupants accounted for 3.9% (579 cases), … Read more

Sheikh Suleiman Al-Rasheed, a man of righteousness and asceticism, has passed away. Dr. Saleh bin Muhammad al-Wunyan

by

Reading time: 3 MinutesOn the morning of Saturday, June 9,1437, the entire community, across all its diverse segments, was struck by grief at the loss of our father, Sheikh Suleiman bin Muhammad Al-Rashid, in the city of Dammam. What can my pen possibly write about a man whom I accompanied for more than twenty years—his feet in the dust and his noble aspirations reaching the heavens? He offered advice to everyone, whether he knew them or not, and on the day of his funeral, people flocked to … Read more

Field survey confirms the attractiveness of investing in Riyadh's parks and recreation centers

by

Reading time: < 1 MinuteA recent survey revealed the attractiveness of the tourism and entertainment sector for investment, specifically in the amusement parks and entertainment centers sector in Riyadh. Data from the field survey conducted by the Riyadh Chamber of Commerce and Industry on 42 facilities revealed a number of key indicators that attract investors: Saudi workers accounted for 39% of the total workforce in the sector, and 50% of these facilities … Read more

Booming Foreign Investment Inflow into China Boosts the Housing Market

by

Reading time: < 1 MinuteChina has strengthened its appeal for foreign direct investment outside the financial sector, with capital inflows rising by 1.8% year-over-year in February to $8.44 billion. Meanwhile, the Ministry of Commerce reported that foreign direct investment in the first two months of the year increased by 2.7% compared to the same period last year, reaching $22.52 billion, … Read more

Germany's real estate market is the most attractive for capital in Europe

by

Reading time: < 1 MinuteThe German real estate market has managed to win the confidence of investors, surpassing the United Kingdom (Britain) as the most attractive European country for real estate investment. A recent survey revealed that Germany ranks first among countries in attracting real estate capital. The annual survey of real estate investors published by CBRE indicated that 17% of investors … Read more

Abu Dhabi Housing Authority allocates AED 3.7 billion worth of housing loans

by

Reading time: < 1 MinuteThe total value of loans disbursed last year to citizens of the Emirate of Abu Dhabi reached 3.7 billion dirhams for the purpose of building, maintaining, or rebuilding homes for citizens, or completing additions to existing homes, Saif Badr Al Qubaisi, Director General of the Abu Dhabi Housing Authority, explained this, noting that the Authority is working to provide various types of loans with the aim of giving all citizens the opportunity … Read more

© 2026 Amlak Real Estate Newspaper | All rights reserved.