Month: December 2016

Ministry of Municipal and Rural Affairs launches the first guest service centers in Riyadh

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Reading time: 2 MinutesThe Ministry of Municipal and Rural Affairs launched the first «Guest Service» center at Al Nakheel Mall in northern Riyadh, where Minister of Municipal and Rural Affairs Engineer Abdul Latif bin Abdul Malik Al Sheikh inaugurated last week the «Guest Service» center at Al Nakheel Mall, stressing that his ministry and its secretariats and all its executive arms in light of the Kingdom's Vision 2030 and within the National Transformation Program seeks to ... Read more

Unveiling the latest models. Riyadh Motor Show 2016 is a great success with the participation of 60 international companies

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Reading time: 2 MinutesThe 30th edition of the Riyadh Motor Show 2016, which was held at the Riyadh International Convention and Exhibition Center, was a great success and lasted for four days, with the participation of more than sixty international companies, under the umbrella of the Ministry of Transport, which was inaugurated by the Undersecretary for Strategic Planning at the Ministry of Transport, Engineer Hathloul Al-Hathloul. Read more

Ajman's first real estate conference kicks off with the participation of major companies

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Reading time: < 1 MinuteHis Highness Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of the Executive Council, recently inaugurated the activities of the first Ajman Real Estate Conference in the Emirate of Ajman under the patronage of His Highness Sheikh Humaid bin Rashid Al Nuaimi, Member of the Supreme Council and Ruler of Ajman, in the halls of the Emirates Hospitality Center in Ajman. His Highness explained ... Read more

Arab Housing Conference concludes, calling for a unified Arab vision to build urban communities, not “housing complexes”

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Reading time: 3 MinutesThe Fourth Arab Housing Conference ended its work under the patronage of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz last Thursday at the Rafal Kempinski Hotel in Riyadh under the title «Activating the partnership between the public and private sectors to develop the housing sector,» with the participation of Arab ministers of housing and construction, in addition to government agencies, universities, bodies, companies and researchers with interest in housing issues in the world ... Read more

Completion of 177 thousand operations on real estate deeds in various regions of the Kingdom

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Reading time: < 1 Minute  Notaries across the Kingdom succeeded in carrying out 176933 operations on real estate deeds during 54 working days from the beginning of Muharram of this year until 15 Rabiul Awwal. The operations carried out by the notaries included 10 types, led by emptying, which amounted to 54586 emptying of a real estate deed, followed by the registration of a deputation document with 32895 documents ... Read more

“Tadawul develops an advanced system to protect securities dealers

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Trading

Reading time: < 1 MinuteThe Capital Market Authority (CMA) and the Saudi Stock Exchange Company (Tadawul) have developed a monitoring system that increases the ability of licensed persons in the capital market to detect violations. The move aims to protect investors and dealers in securities from unlawful acts that are considered misleading, fraudulent or deceptive, based on the legal responsibilities of licensed persons towards their customers« behaviors, as ... Read more

The Kingdom's budget is in line with Vision 2030 The Council of Ministers approves the 2017 budget with an estimated spending of 890 billion riyals, an increase of 6 %

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Reading time: 6 MinutesThe Custodian of the Two Holy Mosques - may God bless him - addressed a speech to his brothers and fellow citizens, in which he announced the budget. The following is the text of the Custodian of the Two Holy Mosques' speech: In the name of Allah, the Merciful, the Compassionate, Praise be to Allah, the Lord of the Worlds, and peace and blessings be upon our Prophet Muhammad and upon his family and companions: With God's help and success, we announce today the budget for the next fiscal year ... Read more

Riyadh to host Saudi Plastics and Petrochemical Exhibition Next February

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Reading time: < 1 Minute From February 27 - March 2, 2017, Riyadh International Convention and Exhibition Center will host the Saudi Plastics and Petrochemical Industries Exhibition (SPIE) 2017. The Saudi Plastics and Petrochemical Industries Exhibition is the most important event of its kind in the region, bringing together local, regional and international industry players. The exhibition is attended by major plastics and petrochemical companies in the Kingdom of Saudi Arabia. Read more

Two Alinma Bank Awards in Islamic Business and Finance

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Reading time: < 1 MinuteAlinma Bank recently won two of the 2016 Islamic Business & Finance Awards for its financing of the Alinma Jeddah Economic Fund, winning the “Best Financial Structure” and “Best Capital Structure” awards. Alinma Bank's Chief Executive Officer, Abdulmohsen bin Abdulaziz Al Fares, emphasized that since its establishment, Alinma Bank has always sought to support every activity that contributes ... Read more

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