Month: April 2016

According to experts at “Euromoney Saudi Arabia,” an anticipated boom in fintech is bringing about significant changes in the financial services sector

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Reading time: 2 MinutesFinancial sector experts, who are scheduled to meet during the «Euromoney Saudi Arabia» conference, which is sponsored by Amlak Real Estate, on May 3 at the Al Faisaliah Hotel, expect the financial sector in Saudi Arabia to undergo significant transformations in the coming years with the growing emergence and adoption of financial technologies across various institutions in the sector. The experts note that financial technologies, … Read more

Integrated plan to finalize all contribution cases and restore shareholders' rights

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Reading time: 3 MinutesThe Ministry of Justice has prepared a comprehensive and integrated plan to resolve all shareholder contribution cases. The Minister of Justice and President of the Supreme Judicial Council, Dr. Walid Al-Samaani, has issued directives to swiftly resolve all shareholder contribution cases and restore the rights of shareholders, particularly the case involving Hamad Al-Eid and his partner, given its impact on a large number of shareholders. The Supreme Judicial Council approved the action plan submitted by … Read more

Riyad Bank launches a campaign to finance retirees with competitive rates and unique benefits

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Reading time: < 1 MinuteRiyad Bank has launched its new marketing campaign for personal financing for retirees, which offers current and new customers who are retirees of the General Organization for Social Insurance and the Public Pension Agency, the opportunity to access exclusive personal financing offers with the lowest profit margin and numerous incentives. Saleh Al-Saif, Head of Products and Services for Retail Banking at Riyad Bank, stated that the bank’s deep understanding of the needs … Read more

The Editor-in-Chief of “Amlak” Visits the Architectural and Interior Design Exhibition and Presents the Latest Decorating Trends

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Reading time: < 1 Minute«First Exhibition Organization and Management Company Limited,» the organizer of the «Architectural and Interior Design Exhibition,» honored the real estate newspaper "Amlak," represented by its editor-in-chief, Mr. Abdulaziz Al-Issa, in its capacity as the exhibition’s specialized sponsor. This took place during the exhibition’s opening ceremony, which concluded on April 10 at the Four Seasons Hotel in Kingdom Tower, Riyadh. The newspaper’s participation in this important event stems from … Read more

Ruya Zawaya introduces its exclusive stainless steel products

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Reading time: < 1 MinuteRuya Zawaya, a company specializing in stainless steel exhibitions, reaffirmed its unwavering commitment to its valued customers to provide the highest quality products that strengthen consumer confidence in the company, noting the launch of its Staless Steel product in several colors, which features a «fingerprint-resistant» finish and is environmentally friendly. The company also announced the market debut of its innovative and exclusive stainless steel tiles… Read more

To encourage and motivate its employees, Basma Real Estate Management is rewarding the ideal employee with a car

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Reading time: < 1 MinuteBasma Real Estate Management Company honored its 2015 Employee of the Year, a real estate consultant in the Marketing and Sales Department, with a Toyota Prado, in recognition of his outstanding goals and tangible achievements on the ground, which were reflected in this award honoring the employee. For his part, Mansour Al-Qamizi, CEO of Basma Real Estate Management, said: “Honoring the Employee of the Year for 2015…” Read more

Auction to sell Dammam's Tanwei Industrial Scheme to be held on April 27

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Reading time: < 1 MinuteA consortium comprising the Ajlan & Brothers Group and Ammar Real Estate Company announced the sale of the Industrial Diversification Project, located in Dammam west of the Second Industrial City, at a public auction on April 27, covering an area of approximately 900,000 square meters. The «Industrial Diversification» project offers unique and diverse investment advantages, including the development of infrastructure, the establishment of various industrial centers, and the construction and leasing of warehouses… Read more

Fahad Al-Othman: “Ejar” program will revolutionize the activity of real estate offices

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Reading time: < 1 MinuteReal estate expert Fahad bin Abdulrahman Al-Othman, General Manager of Fahad Al-Othman Real Estate Office in northern Riyadh, welcomed the «Ijar» system that the Ministry of Housing is set to implement soon, noting that the new system will have positive outcomes in shaping the relationship between landlords and tenants and will help resolve financial disputes between the two parties through notarized contracts organized by real estate offices … Read more

“Al-Arjan” showcases 661 residential villas in the “Al-Shorouq and Al-Qamra” projects in Riyadh

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Reading time: < 1 MinuteAl-Argan Projects, a company specializing in the development of integrated residential neighborhoods, has finalized preparations to launch its new projects at the Riyadh Real Estate Exhibition «Restatex,» in which it is participating as a Platinum Sponsor. The company will showcase its new Al-Shorouq project, located in the Al-Rimal neighborhood in northeast Riyadh, which features 334 residential villas. Also on display—for the first time—will be the Al-Qamra project, located north of Riyadh in … Read more

“Restax Riyadh 2016” ... ” OTEC” : »Naseem Al Haram« project was designed in a modern way and with international specifications and quality

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Reading time: 2 MinutesAutec Real Estate Development and Investment Company has finalized its preparations to participate in the Riyadh Real Estate, Housing, and Urban Development Exhibition «Restatex 2016»—the region’s largest real estate event—where it is participating as a Platinum Sponsor. The company’s participation in and support of this real estate event is part of its marketing campaign for its projects, through which it engages with its clients on these distinguished platforms that reflect the company’s standing… Read more

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