Month: April 2016

 The supervisory committee of the off-plan sales program holds its first meeting at the Ministry of Housing

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Reading time: 2 MinutesThe supervisory committee of the off-plan sales program held its first meeting at the Ministry of Housing yesterday morning in the presence of H.E. Majid bin Abdullah Al-Hogail, Minister of Housing, in preparation for the transfer of the supervision of the program from the Ministry of Commerce and Industry to the Ministry of Housing. The committee discussed a number of applications submitted by real estate development companies to obtain licenses to sell real estate units on ... Read more

Arjaan's “Al Shorouk” and ”Al Qamra” residential projects adorn Restatex Riyadh 2016

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Reading time: < 1 MinuteArgan Projects Company renewed its participation in the Riyadh Real Estate Exhibition Restatex 2016 as a platinum sponsor, and on its pavilion characterized by elegance and colors approved for the company, the company announced its new project Al Shorouk, northeast of Riyadh in the Rimal district, which contains 334 residential villas, and the first presentation of the Al Qamra project located north of Riyadh in the Narjis neighborhood, which consists of 327 ... Read more

Shura Council's Housing Committee calls on the Ministry of Housing to clarify the financial obligations of housing beneficiaries

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Reading time: < 1 MinuteThe Housing Committee, through its recommendations submitted to the Shura Council, which held its session yesterday, called on the Ministry of Housing to clarify the financial obligations that will be incurred by housing recipients for any of its products, and called on the committee to assign land development to real estate developers in addition to planning and construction within the partnership projects with the private sector within the concept of comprehensive development, and prepare a timetable showing the achieved ... Read more

Minister of Housing emphasizes the importance of exhibitions in introducing new real estate and financing products

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Reading time: < 1 MinuteThe Minister of Housing, Mr. Majid Al-Hogail, praised the organization of the Riyadh Real Estate, Housing and Urban Development Exhibition Restatex 2016, which is currently held at the Riyadh Convention and Exhibition Center, praising the participation of various real estate companies, banks and banks and real estate financing institutions. He stressed the importance of real estate exhibitions, which constitute good opportunities for citizens to learn about new real estate and financing products, pointing out ... Read more

The Shura Council renews its commitment to the decision to regulate the ownership and investment of real estate by non-Saudis in Makkah and Madinah

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Reading time: < 1 Minute The Shura Council, in its session yesterday under the chairmanship of Sheikh Dr. Abdullah Al-Sheikh, Chairman of the Council, renewed its adherence to the decision of the system of ownership and investment of real estate by non-Saudis in Makkah and Medina, which was returned to the Shura Council for study pursuant to Article 17 of the Council's regulations. This came during the hearing of the report of the Economy and Energy Committee on the return of the issue of defining the meaning of the phrase "non-Saudi ... Read more

Steel, metal, glass and aluminum exhibitions kick off in Riyadh on May 1

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Reading time: < 1 Minute With the participation of more than 200 companies representing 17 countries, Engineer Saleh Al-Rasheed, Director General of the Industrial Cities and Technology Zones Authority (MODON), will open the Fifth International Exhibition of Iron and Metal Industries 2016, which coincides with the launch of the exhibition of glass, aluminum, facades, doors and windows. The exhibition, which is organized by Saudi Relations in cooperation with the Arab-German Exhibition Company, specialized in iron exhibitions, will ... Read more

Saudi Vision 2030 enacts laws and regulations to increase homeownership rate

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Reading time: < 1 MinuteSaudi Vision 2030 emphasized that the number of citizens wishing to own housing is constantly growing, and that the state recognizes the desire of every family to own a home, and believes in the importance of this in strengthening family ties. The Kingdom's vision, which was announced today after it was approved by the Council of Ministers, indicated that the current housing ownership rate is 47%, and that the number of citizens ... Read more

“My Home” product is one of the most successful solutions Bank Al Jazira offers financing programs for all segments of society

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Reading time: 2 MinutesWith a value of more than 20 million, and with competitive and Sharia-compliant financing benefits, Bank Al Jazira participates in the Riyadh Real Estate Exhibition Restax 2016 with the aim of further communication with customers, and based on Bank Al Jazira's keenness to provide distinctive care to its customers, it has worked to provide an integrated package of banking services to meet all the financial and financing needs of customers ... Read more

Restatex Riyadh 2016 organizes a workshop on gated community management

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Reading time: < 1 MinuteThe Riyadh Real Estate Exhibition (Restatex), which was inaugurated by His Excellency the Minister of Housing, Mr. Majid Al-Hogail, on Sunday evening, is organizing a workshop at the first event of the exhibition, entitled Sustainable Strategy for the Management of Closed Residential Complexes. The workshop will be lectured by Engineer Ali bin Hassan Al Suwaidi, President and Founder of Faye Consulting in Real Estate and Facilities Management and moderated by Mr. Ibrahim bin Abdulkarim ... Read more

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