Month: July 2016

“Exhibitions and Conferences” program: Beneficiaries should provide feedback on the topics

by

Reading time: < 1 MinuteThe National Exhibitions and Conferences Program has urged beneficiaries, conference organizers, and participating speakers to review the regulations of the «Saudi Speakers Bureau» published on the «Your Voice Is Heard» on the National Program for Exhibitions and Conferences’ website. The Executive Director of the National Program for Exhibitions and Conferences, Engineer Tariq Abdulrahman Al-Issa, explained that this measure stems from the National Program’s approach of consulting with beneficiaries and understanding their needs … Read more

Jeddah apartment rents soar in the face of stagnant real estate and falling sales prices

by

Reading time: < 1 MinuteApartment rents in Jeddah bucked the real estate slump and the decline in sales prices, recording a notable increase.   A number of real estate investors attributed the continued rise in annual rental rates for residential apartments and small units in Jeddah—where the rental price for a room in some neighborhoods has reached 10,000 riyals— defying the decline in sales prices and the stagnation that has raised the percentage… Read more

Construction of the world's largest industrial gas complex begins in Saudi Arabia

by

Reading time: < 1 MinuteSaudi Aramco has begun construction of the world’s largest industrial gas complex to support a massive U.S.-Saudi investment worth 7.8 billion riyals—equivalent to $2.1 billion—through a consortium of the U.S. companies ACWA Power and and the U.S.-based Air Products, which jointly own the complex through Jazan Gas Projects Company. The Jazan Refinery and Terminal, wholly owned by … Read more

Saudi Valuers Authority evaluates more than 800 real estate properties in most regions of the Kingdom

by

Reading time: < 1 MinuteThe Saudi Authority for Accredited Appraisers (TAQEEM)to certify 810 real estate appraisers across most regions of the Kingdom, granting them provisional membership that qualifies them to assess the true value of land subject to the «white land» tax, for which the Council of Ministers has approved the implementing regulations.The Authority’s Secretary-General, Essam Al-Mubarak, explained that the Authority granted provisional membership to 220 appraisal firms and offices, after … Read more

Ahmed Almuzaini for Amlak: East Gate Neighborhood is a residential model that integrates infrastructure and various services

by

Reading time: 4 MinutesWe have made it a priority to provide housing that meets the needs of families at an affordable price. The «Gateway to the East» suburb project, which covers an area of 6,546,929 square meters, has garnered significant attention from the real estate sector and those concerned with housing issues, thanks to the real estate and financing solutions it offers in collaboration with the Ministry of Housing, the Real Estate Development Fund, and the private sector. Since the launch of sales for the project, which is distinguished by its strategic location in the east … Read more

Riyadh Chamber announces the launch of (7) specialized professional diplomas

by

Reading time: < 1 MinuteThe Riyadh Chamber of Commerce, represented by its Training and Employment Center, announced the launch of seven specialized applied vocational diploma programs for the 2016/2017 training season, The diploma programs, structured according to the full academic year system, will begin on September 25, 2016, and end on May 3, 2017. In a statement, the Chamber explained that the diploma programs will be launched as part of programs it has identified… Read more

More than one billion riyals worth of Riyadh real estate transactions during the current month

by

Reading time: < 1 Minuteسجل المؤشر العقاري لوزارة العدل خلال شهر شوال بمنطقة الرياض 1473 صفقة عقارية، بقيمة بلغت 1.432 مليار ريال، بين سكني وتجاري.. وفيما يتعلق بالعقار السكني بحسب المؤشر العقاري لشوال في منطقة الرياض، فإن نسبة %75 من قيمة الصفقات العقارية في المنطقة تتمثل في العقار السكني، إلا أن المساحة للصفقات العقارية كانت لمصلحة العقاري التجاري، بواقع … Read more

27 % Percentage decline in residential and commercial deals 18 %

by

Reading time: < 1 MinuteThe value of real estate transactions completed during the past month of Ramadan fell by 24 % compared to the same month last year, reaching approximately 17.7 billion riyals. This was revealed in a report issued by the Ministry of Justice. Residential transactions led the real estate market during Ramadan with a value of 10.3 billion riyals, a decrease of 27 %, while the value of commercial transactions reached 7.4 billion riyals … Read more

“Housing” connects its services with 16 government agencies to facilitate housing seekers

by

Reading time: < 1 MinuteThe Ministry of Housing has successfully completed all the requirements and procedures for establishing electronic links with 16 government agencies to obtain the necessary information needed to verify the accuracy of the data provided by applicants and beneficiaries of housing programs.Dr. Bandar Al-Abdulkarim, the official spokesperson for the Ministry of Housing, explained that the ministry is working to verify and monitor eligibility criteria, application priority, and selection criteria using the information available, noting that the institution … Read more

A . Abdulaziz Al-Issa writes : The Kingdom is a new tourist destination

by

Reading time: 2 MinutesEvery summer vacation season, holiday season, and other occasions, there is a renewed push to develop this important economic sector so that it, in turn, can contribute to bolstering the gross domestic product, and to showcase the Kingdom’s cultural, aesthetic, and historical heritage—especially since some of the peoples around us know very little about the Kingdom. Observers note the relative instability in some countries that used to be havens and resorts for attracting tourists, … Read more

© 2026 Amlak Real Estate Newspaper | All rights reserved.