Month: October 2016

Global Entrepreneurship Forum begins accepting applications until January 4

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Reading time: < 1 MinuteThe MIT Global Entrepreneurship Forum (MITEF), in partnership with Bab Rizq Jameel, has announced the opening of its new branch in the Kingdom to start receiving applications for the second edition of the MITEF Saudi Entrepreneurship Competition starting on October 6. The competition focuses on attracting new ideas and investments from leading commercial and social enterprises in all fields and sectors ... Read more

Ministry of Housing plans to build 40,000 housing units worth SAR 250-650,000 per unit

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Reading time: < 1 MinuteThe Saudi Ministry of Housing plans to sign 15 new memorandums of understanding with local developers to build more than 40,000 housing units ranging in price from 250 to 650,000 riyals per unit. In the same regard, Mohammed al-Ghunaim, supervisor of the Public Relations and Media Department at the Ministry of Housing, explained that these units have nothing to do with the ministry's projects on its land, which will ... Read more

Al Othaim Tourism and Leisure launches FabiLand in Dubai and expands to 4 other Arab capitals

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Reading time: < 1 Minute  In the presence of a number of businessmen, Fahad bin Abdullah Al Othaim, Vice Chairman and CEO of Al Othaim Tourism and Entertainment Company, inaugurated FabiLand in Dubai Festival City - Dubai, the second of its entertainment projects in the UAE. On this occasion, Fahad Al Othaim, Vice Chairman and CEO of the company, expressed his happiness ... Read more

Real Estate Contributions extends the period for receiving offers to buy Half Moon Beach until the end of October

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Reading time: < 1 Minute  The Real Estate Contributions Committee in the Ministry of Commerce and Investment responded to the desire of investors to extend the reception of direct purchase offers for the Half Moon Beach lands in order to provide an opportunity for those interested in investing in the lands in which the committee seeks to restore the rights of shareholders, and in light of this, the committee set 30/01/1438 H corresponding to 31/10/2016 as the deadline for receiving purchase offers for the six raw lands located in the city of Khobar. It should be noted ... Read more

With more than 100 exhibitors. Al Rajhi inaugurates the Hotel Equipment and Technology Exhibition 2016

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Reading time: < 1 MinuteWith the participation of more than 100 participants, His Excellency Engineer Ahmed bin Sulaiman Al Rajhi, Chairman of the Board of Directors of the Riyadh Chamber of Commerce and Industry, opened yesterday evening the activities of the second Saudi International Exhibition for Hotel Equipment and Technology 2016 Hotel Expo, organized by the Saudi Plateau Company for Organizing Exhibitions and Conferences, at the Riyadh International Convention and Exhibition Center. Al-Rajhi expressed his admiration and interest in the exhibition, which included ... Read more

SME governor launches 8 startups in Jeddah, ties accelerator support to results

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Reading time: < 1 Minute  Under the patronage of the Governor of the General Authority for Small and Medium Enterprises, Dr. Ghassan Al-Sulaiman, the city of Jeddah witnessed the graduation of 8 startups for young entrepreneurs in Jeddah in the presence of a large number of businessmen and women, investors and managers of major companies in the Kingdom recently in Jeddah that one of the groups targeted by the General Authority for Small and Medium Enterprises are government sector employees, in order to achieve the direction of the state ... Read more

Al-Rajhi: The effectiveness and failure of endowments is linked to the strength and weakness of sukuk He calls for investing their returns

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Reading time: 2 MinutesThe Eastern Chamber organized the third meeting of the Endowments Diwaniyah, which was honored by the presence and participation of the Chairman of the National Endowments Committee of the Council of Saudi Chambers, Badr Al-Rajhi, who stressed that the development of endowments in the Kingdom is closely linked to the launch of the Endowments Authority, stressing the importance of using houses of expertise before starting to establish the endowment, and being keen to consult with experts before establishing wills and endowments, as well as ... Read more

169,455 beneficiaries in Eastern Province Majid Al Haqeel visits multiple housing projects, and delivery is coming soon

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Reading time: 2 MinutesDuring his tour in the Eastern Province, Housing Minister Majid bin Abdullah Al-Hogail revealed that the projects currently under implementation provide about 16,122 housing products, including villas, apartments and developed lands, as well as financing solutions for beneficiaries, stressing that the projects are characterized by quality design and implementation and include sites dedicated to service facilities such as schools, health centers, security, commercial and recreational, with the integration of infrastructure ... Read more

Industrial Violations Committee issues penalties and decisions for more than 270 violations

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Reading time: < 1 MinuteThe Industrial Violations Review Committee at the Ministry of Energy, Industry and Mineral Resources began studying more than 270 industrial violations for 130 factories during the past year 1437 AH, in order to improve the fair competitive environment, raise the quality of industrial products and upgrade the level of national factories. The violations included production without obtaining the necessary licenses, lack of conformity of some products with Saudi standard specifications, lack of sites prepared ... Read more

“Standards Authority” organizes the first forum for standards in industry and discusses pioneering experiences next Thursday

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Reading time: < 1 Minute Under the patronage of the Governor of SASO, Dr. Saad bin Othman Al-Qasabi, the Saudi Standards, Metrology and Quality Organization (SASO) will organize the “First Forum for Standards in Industry” on Thursday, 12 Muharram 1438 AH corresponding to October 13, 2016, at SASO's headquarters in Riyadh. The organization of this forum comes in conjunction with the International Standards Day 2016, which is held this year under the slogan “Standards Build Trust”, ... Read more

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