Drawing the splendor of luxury and challenge. Emir of Riyadh inaugurates Le Park Concorde Hotel in Shaqra

Reading time: < 1 MinuteUnder the patronage and presence of His Royal Highness Prince Faisal bin Bandar Al Saud, Emir of Riyadh, Iyar Real Estate Development and Investment Company inaugurated last Thursday the Lee Park Concorde Hotel in Shaqra, and the new hotel represents an addition to enriching domestic tourism and is equipped to receive celebrations and national and private events. On this occasion, Abdulaziz Al Ammar, CEO of the company, expressed his thanks and appreciation to the Prince of Riyadh ... Read more

“Dur Hospitality develops SAR 87 million hotel in Yanbu in agreement with Marriott International”

Reading time: < 1 Minute  With an investment value of SAR 87 million, Dur Hospitality Company plans to develop the Courtyard Hotel and Residence Inn in Yanbu as the first phase of the agreement signed with Marriott International during the Arabian Hotel Investment Conference (AHIC) held in Dubai. Dur Hospitality will develop the hotel on a 7,467 square meter site. On this occasion, ... Read more

Ministry of Commerce begins implementing the new Companies Law today

Reading time: < 1 MinuteThe Ministry of Commerce and Industry today began implementing the new Companies Law, which is one of the most prominent economic development regulations issued by the state to provide an incubating and stimulating environment for initiative and investment. The system aims to enhance the value of companies, develop their activity and contribute to serving the national economy, reduce the cost of procedures and encourage business initiatives, thus enhancing the Kingdom's pioneering position ... Read more

Saudi Arabia's Vision 2030 contributes to the recovery of the real estate market with housing and infrastructure projects

Reading time: 2 MinutesThe Kingdom's Vision 2030 has revived hope in the real estate market in general and the residential sector in particular, as it clarified the vision's endeavors to find radical housing solutions that raise the percentage of home ownership in the Kingdom from 47% to 52% after four years from now, which makes it imperative for the real estate sector to keep pace with the stage and seek to provide new and diversified real estate products. Movement ... Read more

By visiting Baladi's website, Municipality and Rural Development introduces a new electronic mechanism to approve land plans within 60 days

Reading time: 2 MinutesThe Ministry of Municipal and Rural Affairs has introduced a new mechanism to approve land plans electronically within a period not exceeding 60 days without the need for any paperwork or correspondence to the secretariats and consulting offices. The Ministry of Municipal and Rural Affairs has introduced a new mechanism to approve land plans electronically within a period of 60 days without the need for any paperwork or correspondence ... Read more

“Al Muhaidib Contracting completes Jazan Port silos at a cost of SAR 411 million

Reading time: < 1 MinuteAt a cost of SAR 411 million, Al Muhaidib Contracting Company has completed the 120,000 metric tons storage silos project with facilities and facilities at Jazan Port, which will be inaugurated at the end of this week. Emad Al Muhaidib, Chairman of Al Muhaidib Contracting, said that Al Muhaidib Contracting is proud to continue expanding in national projects that achieve sustainability, support the infrastructure sector ... Read more

“Tanweyat Industrial” auction achieves more than SAR 400 million in sales within hours in Sharqiya

Reading time: < 1 MinuteThe public auction organized by Ajlan & Brothers Group and Ammar Al-Qarya to sell the “Tanwei Industrial” scheme in the Eastern Province succeeded in achieving sales of more than 400 million SAR within hours of its sale at Al-Saif Hall in Khobar at a price of 600 SAR per meter, and the scheme contains 150 multi-use land plots with a total area of 893,913 square meters. Ajlan Al-Ajlan, president of ... Read more

Saudi Holland Bank wins Best Customer Relationship Management Award in the Middle East

Reading time: < 1 Minute Out of more than 100 banking institutions representing 30 countries, Saudi Holland Bank (SHB) has been recognized as the best bank in the Middle East for Customer Relationship Management (CRM) and the best bank for Personal Banking in the Kingdom of Saudi Arabia. The awards were given as part of Asian Banker's annual ranking of outstanding banks in 2015. Read more

Riyadh Chamber organizes a workshop for entrepreneurs on licensing requirements for commercial establishments

Reading time: < 1 MinuteIn order to provide an opportunity for owners of small and medium enterprises and entrepreneurs to familiarize themselves with the conditions and procedures under which the Riyadh Municipality grants licenses for commercial establishments, the Riyadh Chamber, represented by the Riyadh Center for Small and Medium Businesses and in cooperation with the Riyadh Municipality, organizes a workshop tomorrow evening, Monday 2/5/2016, to discuss the licensing requirements, including shops, kiosks, workshops, warehouses, offices and all establishments ... Read more