Month: April 2016

In a real estate-focused event, the Minister of Housing inaugurates the Riyadh Restatex exhibition and honors the sponsors

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Reading time: < 1 MinuteIn a ceremony dedicated exclusively to real estate, His Excellency the Minister of Housing, Mr. Majid bin Abdullah Al-Hogail, inaugurated the Riyadh Real Estate, Housing, and Urban Development Exhibition (“Restatex”) yesterday evening, Sunday, at the Riyadh Exhibition Center. During his tour of the exhibition and its pavilions, Al-Hogail praised the active participation of government agencies and the private sector, expressing his hope that citizens, interested parties, and specialists would find what meets their expectations and desires, and emphasizing that such … Read more

Rural Municipal Affairs approves the award of 40 projects in different regions of the Kingdom at a cost of two billion riyals

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Reading time: 2 Minutes  At a total cost of nearly 2 billion riyals, the Ministry of Municipal and Rural Affairs plans to implement 40 projects in a number of regions across the Kingdom, His Excellency Minister Engineer Abdul Latif bin Abdul Malik Al Sheikh approved the awarding of 37 projects at a cost of 1,826.8 million riyals and signed off on three projects at a cost of 103.3 million riyals. These projects included paving and street lighting … Read more

A royal decree was issued relieving the Minister of Water and Electricity of his duties and appointing Abdulmohsen Al-Fadli to head the ministry

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Reading time: < 1 MinuteA royal decree was issued yesterday relieving Engineer Abdullah bin Abdulrahman Al-Hussein, Minister of Water and Electricity, of his post, and appointing Mr. Abdulrahman bin Abdulmohsen Al-Fadli, Minister of Agriculture, to serve as Minister of Water and Electricity. The text of the royal decree is as follows: In the Name of Allah, the Most Gracious, the Most Merciful. No.: A/114. Date: 16/7/1437 AH. With the help of Allah, the Almighty, we, Salman … Read more

Riyad Bank renews its participation in Restatex Riyadh and offers various financing solutions

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Reading time: 2 MinutesBuilding on its successful participation in previous exhibitions, Riyad Bank has completed its preparations to welcome visitors today at its booth at the Riyadh Real Estate, Housing, and Property Development Exhibition “Restatex,” held under the patronage of His Excellency the Minister of Housing, Majid bin Abdullah Al-Hogail; from April 24–27, with the support and participation of the Ministry of Commerce and Industry and a number of leading companies in the real estate and finance sectors… Read more

Saudi International Real Estate Conference kicks off Mid-May

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Reading time: < 1 MinuteThe fourth edition of the Saudi International Real Estate Conference «SAIRK 4,” titled «The Role of the Real Estate Sector in the National Transformation Program,» The event will take place May 15–16, 2016, in the capital city of Riyadh, under the patronage of Minister of Housing Majid bin Abdullah Al-Hogail, with broad participation from government and private entities related to the real estate sector, as well as a select group of local and regional speakers. This was announced by the National Committee … Read more

Bin Hatlin: The Al-Dar Exhibition is one of the housing solutions that contribute to the realization of the leadership’s vision

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Reading time: < 1 MinuteA specialist in the housing sector emphasized the need to mobilize all companies and government and private institutions to achieve the Saudi Ministry of Housing’s short-term goals and to meet the high demand for housing, which is accompanied by a doubling of the population in the Kingdom of Saudi Arabia. In line with the vision of the Kingdom’s wise leadership—whether through land development, investment, and preparation for housing, or through real estate development… Read more

The 2016 Saudi Construction and Decoration Expo Boosts the Health of the Saudi Market and Concludes Successfully

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Reading time: 2 MinutesOn the evening of Thursday, April 14, 2016, the 25th edition of the Saudi Construction and Decoration Exhibition 2016 concluded at the Jeddah Convention and Events Center, amid a large turnout of merchants, specialists, and professionals in the fields of construction and building materials and construction, who flocked to the exhibition. The four-day event drew more than 10,000 visitors. The latest … Read more

Kicking off on May 16... The Saudi Health Expo: A Gathering of Healthcare Providers to Address the Sector’s Challenges

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Reading time: < 1 MinuteThe growth of the Saudi healthcare sector—the largest market in the region—is driven by steady population growth and increased spending on healthcare, has led to a surge in investments that are attracting companies from around the world to strengthen this vital sector, improve the quality and services of healthcare in the Kingdom, and meet growing demand. Estimates indicate that the volume of investments in the healthcare sector will reach … Read more

Organized by a specialist from “Amlak” … Riyadh Hosts the “Restatex 2016” Real Estate Exhibition with the Support and Interest of the Ministry of Housing

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Reading time: 2 MinutesUnder the patronage of His Excellency the Minister of Housing, Mr. Majid bin Abdullah Al-Hogail, the largest annual real estate event in the Kingdom of Saudi Arabia will kick off this evening, Sunday, April 24, 2016 «Riyadh Restatex Real Estate Exhibition» at the Riyadh International Convention and Exhibition Center, with massive participation from major real estate and housing development and investment companies, financing companies, and most Saudi banks. The event will continue until Wednesday evening… Read more

“Amlak” Monitors Rain-Related Damage and Poor Drainage in Various Areas

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Reading time: 2 MinutesThe rains that fell recently in a number of areas and governorates in the region have exposed poor drainage and confirmed a lack of preparedness to manage floodwaters—which should include the construction of side drains, emergency outlets, and future drainage lines, but which have been absent for some time. The situation remains unchanged and is actually getting worse due to inadequate studies and the failure to utilize financial allocations. «… Read more

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