Month: April 2016

The largest real estate event in the Kingdom. Under the patronage of the Minister of Housing, Riyadh will host the Restatex exhibition on April 24

by

Reading time: 2 Minutes  Under 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 on the evening of Sunday, April 24, 2016 “Riyadh Restatex Real Estate Exhibition” at the Riyadh International Convention and Exhibition Center, with massive participation from major real estate development and investment companies, housing developers, financing companies, and most Saudi banks. The event will continue until … Read more

The Saudi Council of Engineers Participates in the Research Exhibition and Engineering Career Day at Majmaah University

by

Reading time: < 1 MinuteDr. Hussein bin Yahya Al-Fadli, Secretary General of the Saudi Council of Engineers, emphasized the importance of supporting efforts aimed at developing the engineering profession and its practitioners, and utilizing engineering graduates in the Kingdom’s development projects, thereby fulfilling the aspirations of the wise leadership of this generous nation. He made these remarks in his speech at the opening ceremony of the Fifth Scientific Research Exhibition and Engineering Career Day at the University of … Read more

Kayan Real Estate Group Completes Licensing Procedures for the Samaya Residential Project in Riyadh

by

Reading time: < 1 MinuteKayan Group, a leading real estate developer in the Middle East, has completed all licensing procedures for the launch of the Samaya residential project in the upscale Arqa district in northwestern Riyadh. The project, with a cost of one billion riyals, is an ideal residential destination offering integrated services in one of the most attractive locations in Wadi Hanifa, spanning an area of one million square meters. From … Read more

“Real Estate Contributions” launches “Your Rights are a Trust” campaign to return shareholders' funds

by

Reading time: < 1 MinuteThe Real Estate Contributions Committee has launched a campaign to protect the rights of investors regarding funds from distressed contributions, some of which date back more than forty years. Through a campaign titled “Your Rights Are a Trust,” to visit the Committee’s website atwww.recc.mci.gov.sa, or to visit the Committee’s headquarters at the Ministry of Commerce and Industry or any branch of the Arab Bank to view the names of those eligible for … Read more

Emir of Riyadh calls for building a strong economic media to keep pace with the Kingdom's developmental renaissance

by

Reading time: 2 MinutesHis Royal Highness Prince Faisal bin Bandar bin Abdulaziz, Governor of the Riyadh Region, stated that the development boom currently underway in the Kingdom of Saudi Arabia requires the establishment of a high-quality, professional economic media sector that contributes to strengthening the role of this development boom in the country, and reflects its importance to audiences both at home and abroad. Developing the principles of media and economics, His Royal Highness praised these principles during his patronage of the forum yesterday… Read more

The Governor of Madinah Region Urges the Implementation of Economic Initiatives and Their Translation into Projects

by

Reading time: < 1 MinuteHis Royal Highness Prince Faisal bin Salman bin Abdulaziz, Governor of the Madinah Region, urged the new Board of Directors of the Madinah Chamber to play a key role in implementing economic initiatives and translating them into concrete projects that contribute to creating more investment and employment opportunities, expressing his hope that they would leverage their experience and expertise to ensure the Chamber’s success and work as a unified team… Read more

Eleven relevant government agencies have agreed to issue a “Construction Cost Guide” to prevent project delays

by

Reading time: < 1 MinuteThe meeting, organized by the Construction Sector of the Riyadh Chamber of Commerce and Industry with the participation of 11 government agencies and a number of consulting firms and specialists, resulted in the issuance of “Construction Cost Guide” and updating it to establish sound, scientifically sound principles for understanding cost estimation processes, based on various factors such as productivity rates, labor, material prices, measurement methods, and others. Participants emphasized the importance of publishing the guide as … Read more

Set to launch in mid-May... The Saudi Health Expo: A gathering of healthcare providers to address the sector’s challenges

by

Reading time: < 1 MinuteThe growth of the Saudi healthcare sector—the largest market in the region—driven by steady population growth and increased spending on healthcare, has made this sector a magnet for investments that attract companies from all over 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 41 billion riyals during … Read more

Riyad Bank approves financing for retirees with easy terms and marginal profits

by

Reading time: < 1 Minute  Riyad Bank has launched a personal financing program for retirees who are current or new customers of the bank and who are beneficiaries of the General Organization for Social Insurance and the General Organization for Retirement,  offering them access to special 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, explained that the bank has established favorable terms … Read more

Real estate agencies in Sharqia preempt the decision and raise water security 300%

by

Reading time: < 1 MinuteIn a proactive move, real estate agencies in the Eastern Province have introduced new annual water security deposits for tenants, with the deposit amount increasing to more than 300%, which is refunded upon the expiration of the lease. Following the increase in water rates, we have established a mechanism to ensure payment of the bill when the tenant vacates the apartment or residential unit. Real estate agency owners attributed this move to a statement by the Minister of Water and Electricity, Eng. … Read more

© 2026 Amlak Real Estate Newspaper | All rights reserved.