Month: March 2016

80 international and local speakers to enrich the 2016 Travel and Tourism Investment Forum at the end of March

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Reading time: < 1 MinuteThe 9th edition of the Saudi Travel and Tourism Investment Forum, organized by the General Authority for Tourism and National Heritage, kicks off on Sunday, March 27, The organizing committee estimates that the academic program will feature more than 80 international and local speakers who will discuss ways to develop domestic tourism, highlight successful experiences, analyze the current state of the tourism sector, and provide industry stakeholders with the opportunity to… Read more

More than one million passengers passed through King Abdulaziz Airport in Jeddah during the spring break

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Reading time: < 1 MinuteMore than one million passengers passed through King Abdulaziz International Airport in Jeddah during the spring break, which coincided with the mid-second-semester break, Statistics indicate that the airport handled 7,883 domestic and international flights throughout the spring break, carrying 1,094,000 passengers. According to statistics released by the airport, the number of domestic flights last week reached approximately 2,275 … Read more

 Experts and specialists call for more licenses for real estate finance companies

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Reading time: 2 MinutesIn light of the Saudi Arabian Monetary Authority’s decision to raise the maximum loan-to-value ratio for real estate companies to 85%, some lenders have called for issuing more licenses to real estate finance companies and expanding the decision to include banks, which are best positioned to meet the needs of the largest segment of borrowers. Experts in the real estate financing sector praised the decision and viewed it as a boon for the market … Read more

Economic City launches a new batch of residential plots in Tala Gardens neighborhood«

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Reading time: < 1 Minute King Abdullah Economic City has begun offering a new batch of residential lots in the “Al-Tala Gardens” neighborhood through roadshows currently taking place in both Jeddah and Madinah, where it is currently showcasing its offerings at the “Jeddah Hilton” hotel and is scheduled to conclude its tour at the “Medina Meridian” Hotel from April 1 to 3. The Al-Tala Gardens neighborhood is located in … Read more

Prince Faisal bin Bandar: Riyadh will continue to be ablaze with useful events and festivals

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Reading time: < 1 MinuteHis Royal Highness Prince Faisal bin Bandar bin Abdulaziz, Governor of the Riyadh Region, described the tourism and cultural activities taking place in the city of Riyadh as beneficial and fruitful due to the cohesion, closeness, and harmony they foster, in addition to the comfort they provide to everyone. His Highness emphasized that citizens are the most important factor in the success of tourism activities. During his tour of the celebration venues in Al-Jazirah neighborhood (Exit 16) and Al-Bajiri neighborhood in the province of … Read more

Riyadh Spring Festival attracts more than 150,000 visitors and 1.4 million flowers in the presence of beauty

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Reading time: < 1 Minute  The 12th Riyadh Spring Festival in Riyadh welcomed more than 150,000 visitors. Two festival sites were set up in the Al-Jazirah neighborhood east of the capital Riyadh (Exit 16) and in the Al-Bajiri neighborhood in Al-Dir’iya. This year’s festival was notable for featuring the largest flower carpet, arranged with more than 1.4 million flowers of 10 different varieties, in addition to animal shows … Read more

Major preparations are underway for the Riyadh Auto Show and Accessories Fair, scheduled for early December

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Reading time: < 1 MinuteWith the steady growth of the automotive sector in the Kingdom, as evidenced by an increase in car sales to 93 billion Saudi riyals, and with car sales expected to reach one million vehicles annually by 2020, Riyadh Exhibitions Co., Ltd., the exhibition’s organizer, announced the launch of the Riyadh Auto Show in early December, building on the success it has achieved since its inception 30 years ago in terms of attracting … Read more

Statistics Authority : The number of dwellings in the Kingdom is 4643151, with one dwelling for every 6.6 people

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Reading time: < 1 MinuteThe number of housing units in the Kingdom stood at approximately 4,643,151, with one housing unit for every 6.6 people, while the population totaled 30,770,375. Data released by the General Authority for Statistics revealed that the Makkah region leads all regions in population size with 6,915,009 people, while the Eastern Province is the largest region in terms of area, at an estimated 540,000 square kilometers. Previous data indicated that there were … Read more

King Abdullah Economic City launches 1440 apartments for sale in Jeddah

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Reading time: < 1 MinuteKing Abdullah Economic City announced the launch of new, ready-to-move-in residential units in the «Al-Shorouk,» which spans an area of 250,000 square meters and features 1,440 apartments ranging in size from one to four bedrooms.  It is considered a fully integrated residential project with distinctive architectural design and an ideal place for families and individuals looking to own ready-to-move-in homes at affordable prices … Read more

Riyadh Chamber organizes a lecture on safe real estate investment and reviews its real estate achievements

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Reading time: < 1 MinuteThe Riyadh Chamber of Commerce, represented by its Real Estate Committee, will host real estate expert Salman bin Abdullah bin Saidan, Chairman of the Salman bin Abdullah bin Saidan Real Estate Group, for a lecture titled “Safe Real Estate Investment,” next Tuesday, March 22, 2016, at the Chamber’s premises. On this occasion, Hamad bin Ali Al-Shuwaier, a member of the Board of Directors and Chairman of the Real Estate Committee at the Riyadh Chamber of Commerce, extended an invitation to attend the lecture … Read more

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