Month: August 2016

With international specifications and innovative designs “Aswar United opens its fourth hotel suite in Al Khobar Next September

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Reading time: 2 MinutesWithin the framework of the great expansion witnessed by Aswar United Company's investments in the hotel sector, the company has finalized all its arrangements and preparations for the opening of its new branch «Aswar Hotel Suites» in Al Khobar in September. The hotel suites include 53 suites, a coffee shop, a gym and a training center, a children's playground, free private parking, daily newspapers, and a ... Read more

Saleh bin Farhan Al-Hariri writes : Career hypocrisy and self-confidence

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Reading time: 2 MinutesWe hear a lot about social hypocrisy in our lives, which is flattering others, calling them qualities they do not have, and soliciting their satisfaction for a reason in the soul of the flatterer until he gets what he wants, but this hypocrisy has infiltrated like suffocating gases to our institutions with its various names and activities to wear another garment that the hypocrite adorns before his manager so that he gets a smile of satisfaction, after which he is granted facilities that he does not deserve. It is hypocrisy ... Read more

Riyad Bank renews its sponsorship of the StartUp program and supports entrepreneurs

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Reading time: < 1 MinuteRiyad Bank renewed its sponsorship and support for the Startup Weekend Taif program organized by King Abdulaziz City for Science and Technology, represented by the Badir Program for Technology Incubators and Accelerators, which was held at Okaz Future within the activities of Souq Okaz for three days during the period from 11 to 13 of this month, and this is the first time for the program in Taif and the second ... Read more

Al Ahli Bank launches condominium financing program with immediate pre-approval

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Reading time: < 1 MinuteAmlak - Follow-ups The National Bank of Saudi Arabia has launched a program to finance residential buildings for its customers in a Sharia-compliant Murabaha format as part of the real estate financing programs available to the bank's customers. This comes in line with Al Ahli Bank's keenness to continue its support for the housing sector in the Kingdom and play an active role in financing the housing and real estate needs of citizens through financing products and programs, in line with the economic and development plans in ... Read more

Allows withdrawal of up to 50,000 Riyals per day SABB launches its model branch in Riyadh with the latest banking technology

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Reading time: < 1 MinuteThe Saudi British Bank (SABB) has launched its new model branch in a prominent location on Prince Mohammed bin Abdulaziz Street in Riyadh, offering a range of banking and investment services according to the latest technologies and modern electronic means. The new branch is an important step towards realizing SABB's future vision that aspires to a promising tomorrow, in addition to employing the latest technical capabilities to provide better service ... Read more

The customer cares about the small details CEO of Basma : Real estate marketing needs professionalism to achieve clients“ goals

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Reading time: < 1 MinuteBasma Real Estate Management Company has revealed its marketing policy that makes the customer the center of its success and considers his goals as strategic goals of the company, from the principle of partnership between «Basma» and its customers. In the same direction, the company's CEO, Mansour Al-Qamizi, confirmed in an interview with Amlak Real Estate Newspaper that «Basma Real Estate Management» has put the satisfaction of its customers and the fulfillment of their desires as its top priority, ... Read more

650 % annual rent increases threaten the national economy by driving businesses out of the market

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Reading time: 3 MinutesThe follow-ups of Amlak newspaper revealed that the Saudi market is facing a violent wave of insanely high real estate prices that will have a negative impact on the stability of the economic conditions of small and medium enterprises for their inability to continue their activity in light of the demands of commercial real estate owners for astronomical amounts for the leased property, and in light of these threats, a number of real estate professionals demanded to find specific formulas for contracts that preserve the owner ... Read more

Approval of 12 floors. Allowing vertical height in small and medium-sized cities helps solve the housing crisis

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Reading time: 3 MinutesAccording to some media sources, the Minister of Municipal and Rural Affairs, Engineer Abdullatif bin Abdulmalik Al-Sheikh, has approved the building requirements for outstanding projects with heights of up to 12 floors for all small and medium cities in the Kingdom, and this decision will help solve the rental and housing crises in these cities. The approval comes as the Minister of Municipal Affairs ... Read more

The Ministry of Housing and multiple international alliances to pump more housing units

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Reading time: 3 Minutes  A delegation from the Ministry of Housing has reportedly held a meeting with a delegation from the Republic of China, which included a number of major companies from high-level developers and planners, during which they discussed the best ways to partner in the implementation of housing units in various regions of the Kingdom. ... Read more

”Housing” negotiates with (60) international companies to accelerate its housing projects in various cities of the Kingdom

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Reading time: < 1 MinuteThe Ministry of Housing is holding intensive discussions to attract most of the international companies specialized in the field of construction in order to speed up the completion of its projects spread across the Kingdom, despite its keenness to speed up the solution of the housing crisis in large cities, which requires the completion of more than 200,000 housing units of various types. The ministry's spokesperson, Dr. Bandar Al-Abdulkareem, said in a statement that the ministry ... Read more

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