Month: December 2016

“Emaar Properties” Launches Its First Project in Ras Al Khaimah

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Reading time: < 1 MinuteEmaar Properties has launched its first investment project in the Emirate of Ras Al Khaimah on Al Marjan Island, covering a 2 million-square-foot mixed-use area. The agreement was signed by Sheikh Khalid bin Saud Al Qasimi, Chairman of the Board of Directors of Al Marjan Island, and Mohamed Alabbar, Chairman of the Board of Directors of Emaar Properties. Al Marjan Island is considered a new tourist destination in Ras Al Khaimah and is home to several … Read more

Registration of 635 million m2 of white land supports Ministry of Housing projects

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Reading time: 3 MinutesThe Ministry of Housing revealed details regarding the registration period for the “White Land” program, which lasted six months following the Cabinet’s approval of its implementing regulations, noting that the online portal dedicated to land registration received 1,792 registrations, while the number of registration applications reached 2,278, of which 1,326 were completed—representing 58 percent—with a total area of 635 … Read more

The editor-in-chief, Mr. Abdulaziz Al-Issa, writes ... real estate courts ... A decision on the right track

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Reading time: 2 MinutesThe decision by the Supreme Judicial Council regarding the establishment of real estate courts with jurisdiction over real estate cases—which was issued last week—is of utmost importance, as it serves to expedite the restoration of rights to those entitled to them and to support the stability of the real estate market in general. These specialized courts will focus exclusively on adjudicating all real estate-related cases, some of which have been pending for many years—in some instances, more than three… Read more

Articles No. 117 Dr. Hossam Youssef, Second-Class Leaders

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Reading time: 2 MinutesCentralized management is one of the most complex problems facing most organizations around the world, as the focus is solely on senior management, without paying attention to or acknowledging second-tier leaders—as if we were focusing only on the present while neglecting the future and paying it no mind. It is well known that second-tier leaders are the leaders of tomorrow who will shoulder the responsibility. And there is no dispute that creating … Read more

Riyad Bank launches the “Business Technology and Information Security Group” training program”

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Reading time: < 1 MinuteRiyad Bank recently launched the second session of its “Business Technology and Information Security” training program in collaboration with Al-Yamamah University, with the participation of 40 male and female trainees from the business technology, information security, and digital banking sectors. The program focuses on behavioral and technical skills and consists of two main phases: the first is the theoretical phase, which lasts for 95 training days, while the second phase consists of the practical component … Read more

”Housing”. Launching the marketing phase of housing products next year

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Reading time: 2 MinutesHousing Minister Majid Al-Hogail confirmed that housing projects go through various stages, including the agreement and feasibility study phases, as well as the marketing phase, and will be completed in 2017; some are already ready, but citizens do not see any of this because all of these are administrative procedures. Then comes the building permit phase, and no actual construction will begin until citizens select their housing units, and if the developer succeeds in marketing the project… Read more

Arab housing ministers discuss real estate financing and urban development

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Reading time: 2 MinutesThe 33rd session of the Council of Arab Ministers of Housing and Reconstruction began today in Riyadh, chaired by Housing Minister Majid bin Abdullah Al-Hogail, to discuss the importance of strengthening partnerships and enhancing cooperation in the housing sector in order to meet the aspirations of citizens in Arab countries and to develop and regulate the sector.  For his part, Housing Minister Majid Al-Hogail emphasized in his remarks at the start of the meeting, held at the Raffles Kempinski Hotel … Read more

Ejar program official: It is currently difficult to determine the rental prices of residential units

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Reading time: < 1 MinuteEngineer Mohammed Al-Bati, project director of the “Ijar” program at the Ministry of Housing, explained that it is difficult to set fixed rental rates for residential units in various cities across the Kingdom at this time and require landlords to adhere to them, given the lack of an accurate database that would make this possible. Al-Bati explained that the ministry is working diligently on everything that could help regulate the rental market in … Read more

Opening of the 33rd session of the Council of Arab Ministers of Housing and Construction in Riyadh

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Reading time: < 1 Minute  Arab ministers of housing and construction will open the 33rd session of the Council of Arab Ministers of Housing and Construction in Riyadh tomorrow, Tuesday, under the chairmanship of His Excellency Minister of Housing Majid bin Abdullah Al-Hogail. The meeting will discuss a number of topics related to the development and advancement of the housing sector across Arab countries, and will review the most significant areas of joint cooperation and ways to strengthen it in order to serve, develop, and improve the sector. … Read more

DAMAC Properties launches luxury residential units on MOD townhouses»

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Reading time: < 1 MinuteDamac Properties, a leading luxury real estate developer, has launched a new collection of townhouses under the name ”MOD” in the heart of the international golf community “Akoya Oxygen,” The residential units are characterized by their luxury, modern style, and prices that are accessible to a wide range of buyers of all nationalities. The “MOD” townhouses are scheduled to go on sale in Dubai on Wednesday, December 21, … Read more

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