Month: May 2016

Jeddah Hotel Show Launches 10 Saudi Hospitality Awards

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Reading time: 2 MinutesThe organizing committee of the 2016 Saudi Arabia Hotel Exhibition has announced the Saudi Hospitality Awards, which will be presented on the second day of the fourth annual event, scheduled to take place in Jeddah from May 17 to 19. The organizing committee has identified 10 categories in which representatives of hotels and restaurants from across the Kingdom can compete, allowing them to … Read more

Specialists renew their warnings to Saudi investors to be cautious when buying Turkish real estate

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Reading time: 2 Minutes  Turkish real estate experts have renewed their call to Saudi investors to familiarize themselves with the regulations and laws governing the buying and selling of real estate in Turkey, and to thoroughly investigate the properties they intend to purchase and the credibility of the seller. These appeals came as the summer vacation approaches and the number of travelers to Turkey increases. In this context, Adel Benoun, a real estate developer and marketer in Turkey, explained that their approach… Read more

“Al Nakheesh Real Estate starts selling Dana Al Qadisiya plan tomorrow, Friday afternoon

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Reading time: < 1 MinuteAl-Nakheesh Real Estate Company announced the start of sales for the Dana Al-Qadisiyah development, located in the Al-Qadisiyah neighborhood in northeastern Riyadh, beginning tomorrow afternoon, Friday, May 13, 2016. The development features a full range of services and a variety of lot sizes for commercial and residential properties. It is located on Imam Abdullah bin Saud bin Abdulaziz Road, east of Exit 9. Majid Al-Nukhaish, CEO of Al-Nukhaish Real Estate Company, stated… Read more

Saudi International Real Estate Conference (SIRC4) looks to develop regulations and legislation for the real estate market and finance

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Reading time: 2 Minutes  As part of ongoing efforts and initiatives aimed at developing plans and mechanisms to address housing issues, the National Real Estate Committee of the Council of Chambers recently announced the launch of the fourth edition of the Saudi International Real Estate Conference “SAIREC 4”  which will be held under the theme “The Role of the Real Estate Sector in the National Transformation Program” from May 15 to 16 in Riyadh, under the patronage of the Minister of Housing … Read more

“Kuwait's 360 Mall offers huge prizes for a photo contest of its indoor hanging gardens

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Reading time: < 1 Minute The ”Mall 360” photography contest for talented individuals in Kuwait kicked off the day before yesterday,with the aim of highlighting the beauty of its indoor gardens and raising visitors’ awareness of the benefits of a green natural environment. The contest will continue until the evening of May 21.  The mall features more than 21,000 plants belonging to over 60 species, which were brought from all over … Read more

More than 100 specialized companies participate in the 6th International Safety and Security Exhibition in Sharqiya. Monday

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Reading time: < 1 Minute  With the participation of more than 100 specialized companies representing eight countries, the 6th International Security and Safety Exhibition will kick off next Monday under the patronage of His Royal Highness Prince Saud bin Nayef bin Abdulaziz, Governor of the Eastern Province, and organized by Dhahran Expo, from May 16 to 19, showcasing the latest products … Read more

Riyadh Housing Cooperative Association holds its first annual meeting this evening at the Riyadh Chamber

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Reading time: < 1 Minute  Chaired by Dr. Abdullah bin Jalawi Al-Shadadi, the Riyadh Cooperative Housing Association will hold its first annual meeting this evening, Thursday, 5 Sha’ban 1437 AH, corresponding to DecemberMay 12, 2106 AD, at exactly 7:00 p.m. at the main headquarters of the Riyadh Chamber of Commerce on Al-Dhabab Street, on the first floor in the Sheikh Abdulaziz Al-Muqairn Hall. The meeting will be attended by members of the Society’s Board of Directors, its staff, and a representative from the Ministry of Labor and Social Development. The meeting will discuss … Read more

“Real Estate Contributions” ends the default of Ain Al-Seih lands with more than 100 million riyals

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Reading time: < 1 MinuteAfter a stalemate that lasted more than 40 years, the Real Estate Contributions Committee at the Ministry of Commerce and Investment resolved the impasse surrounding the sale of land in Ain Al-Saih in the Eastern Province, which has a total area of 965,661 square meters, for a total of over 100 million riyals. Meanwhile, last Tuesday, the committee suspended the public auction for the sale of the remaining plots in Shalala… Read more

Investors and Businessmen Present 7 Hotel Projects to the Governor of Al-Qassim Region

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Reading time: < 1 Minute The Al-Qassim Region Tourism Development Council, chaired by Prince Dr. Faisal bin Mishaal bin Saud bin Abdulaziz, Governor of the region, reviewed a number of investment projects yesterday, Wednesday. Investors and business leaders presented seven projects, including the region’s first five-star resort, His Highness also witnessed the signing of an agreement to operate a four-star hotel in the city of Buraidah and reviewed a project for eco-camps … Read more

Ministry of Housing delivers 900 housing units in Hafar Al-Batin and confirms the continuation of projects in all regions

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Reading time: 2 Minutes  On a total area of 1,159,958 m², the Ministry of Housing announced the allocation of 900 housing units in the Hafar Al-Batin Governorate Housing Project to 900 eligible families who applied through the “Iskan” housing support portal “Iskan.” The project includes a number of service facilities that meet the needs of beneficiaries, such as mosques, schools, health centers, security facilities, recreational centers, and commercial establishments, and features a comprehensive range of infrastructure services … Read more

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