Month: April 2016

More than 20 countries Saudi Energy Expo is the largest gathering of energy companies in the Middle East

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Reading time: < 1 Minute  Riyadh hosts the Saudi Energy Exhibition every year, which highlights the electricity, solar and lighting sectors, as the Kingdom is considered a global center for electric power production, and the first in the Middle East and North Africa. The exhibition, organized by Riyadh Exhibitions Company Limited, showcases the fundamentals of the energy sector and discusses a number of related topics including energy supply structuring, energy policy and ... Read more

Al Fozan Real Estate participates in the International Real Estate Exhibition to meet the demand for industrial products

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Reading time: < 1 MinuteAli Al Fouzan & Sons Real Estate, a leading Saudi real estate company, has completed its preparations to participate in the International Property Show 2016, which will be held from April 11 to 13 at the Dubai Convention and Exhibition Center. Ali Al Fouzan, CEO of the company, said that his company's participation in the International Property Show 2016 in Dubai comes as a result of its belief in the importance of ... Read more

3,259 Saudi real estate investors in Dubai; International Property Show 2016 kicks off next week

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Reading time: < 1 Minute Companies are preparing to participate in the International Property Show 2016, the international exhibition specialized in the real estate sector, which will be held from April 11 to 13 at the Convention and Exhibition Center in Dubai, where direct sales transactions will take place on the ground for interested buyers. Meanwhile, a report by the Dubai Land Department (DLD) showed that Saudis bought as much as ... Read more

A working paper puts cooperative housing, a national housing system and the creation of a database at the top of housing solutions

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Reading time: 2 MinutesA working paper entitled “Housing in the Kingdom Challenges and Solutions” revealed that the private sector contributed to financing about (75%) of housing units during the development plans. The paper presented by the Ministry of Economy stated that the number of subscribers to electricity service for residential consumption (number of housing units) by the end of 2014 is about six million units. The private sector financed about (75%) of the housing ... Read more

During a forum in Al-Ahsa: Investments in airport lands flirt with businessmen and venture capitalists

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Reading time: < 1 MinuteThe Civil Aviation Authority (CAA) announced during its participation in the recently concluded Al-Ahsa Investment Forum its plans for several airports to invest in their lands with different activities in the first phase, based on preliminary studies that included passenger traffic, geographical location of the airport, land prices, and opportunities ... Read more

The real estate index ... 122,576 real estate transactions since the start of 1437 worth more than 155.9 billion riyals

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Reading time: < 1 MinuteThe residential sector accounted for 85.6% of the number of real estate deals since the beginning of the current Hijri year 1437 AH with 104,999 real estate deals worth approximately 92.6 billion riyals out of 122,576 real estate deals with a total value of more than 155.9 billion riyals, while the commercial real estate sector accounted for 17,577 real estate deals worth 63 billion riyals. According to the Ministry of Justice index, the deals were distributed ... Read more

During the Institute of Management Symposium Al-Haqeel diagnoses housing obstacles in land and services Development and relationships and financing

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Reading time: 2 MinutesMinister of Housing Majid bin Abdullah Al-Haqeel summarized the obstacles facing the provision of adequate housing at the right price in three main axes: land with its location and services, development and the relationship of developers and individual builders and contractors, building regulations and availability of materials, and financing, this came during the seminar “Housing in the Kingdom: Challenges and Solutions” organized by the Institute of Public Administration, King Salman Conference Center at the Institute's headquarters in Riyadh, ... Read more

Experts: Family-owned businesses become shareholders, maximizing their value and allowing owners to invest in other investments

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Reading time: 2 Minutes  Representatives of the companies participating in the Forum on the Transformation of Family Businesses into a Joint Stock Company, organized by the Eastern Chamber in cooperation with the Capital Market Company (Tadawul) last weekend, agreed that the transition to a joint stock company achieves many future benefits, in terms of continuity and permanence of the name and business activity of the company while increasing its actual market value. The need for companies in the sector ... Read more

The size of the investment is 10 billion riyals. Specialist: Saudi Arabia plans to finalize solar energy legislation

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Reading time: < 1 MinuteThe volume of investment in solar energy in the Kingdom during the next five years is about ten billion riyals, explained the director of business development in the Middle East at the French nuclear energy company Areva. He pointed to some legislative obstacles facing the activity, such as the difficulty of agreeing on executive plans and launching an extensive program for this promising sector. He pointed out that the plan ... Read more

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