Month: December 2016

Cabinet decides to keep the centralized unit of the Saudi Building Code

by

Reading time: < 1 Minute  His Excellency Dr. Adel bin Zaid Al-Tarifi, Minister of Culture and Information, stated in a statement to the Saudi Press Agency following the Cabinet meeting recently chaired by the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud —may God protect him—that the Council had reached the following conclusions: After reviewing the report submitted by His Excellency the Minister of Commerce and Investment … Read more

Undersecretary of the Ministry of Housing for Applications and Allocations receives the Economic Affairs Advisor of the US Embassy in Saudi Arabia

by

Reading time: < 1 MinuteThe Deputy Minister of Housing for Applications and Allocation, Engineer Abdulnasser bin Mohammed Asiri, will receive Mr. Douglas Abostol, Economic Affairs Advisor at the U.S. Embassy in Riyadh, and his accompanying delegation at the Ministry’s headquarters next Monday. During the meeting, they reviewed the programs and initiatives launched by the Ministry, as well as the plans and mechanisms being implemented to organize and facilitate a balanced and sustainable housing environment and provide housing products … Read more

“Housing” : 635 million m2 total area of registered white land

by

Reading time: 3 Minutes  The Ministry of Housing announced details regarding the registration period for the White Land Fees Program, which has been in effect for six months since the Cabinet approved its implementing regulations, noting that the online portal dedicated to land registration has 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 … Read more

20 locations where the actual implementation of the Smart Cities project is set to begin

by

Reading time: < 1 Minute  The first phase of the Smart Cities project, which focuses on studying the components and establishing the foundations, policies, and frameworks, has reached its final stages.   This was clarified by Dr. Abdulrahman Al Sheikh, Undersecretary of the Ministry of Municipal and Rural Affairs for Urban Planning, who noted that the second phase of the project—the actual implementation in 20 cities as a first stage—will be launched, making it possible to refer to those … Read more

Issuance of Regulatory Guidelines for Unlisted Joint-Stock Companies

by

Reading time: < 1 MinuteThe Ministry of Commerce and Investment has announced the regulatory guidelines for unlisted joint-stock companies in implementation of the Companies Law issued by Royal Decree No. (M/3) dated January 28,1437 AH, which came into effect on the 25th of Rajab of last year, corresponding to May 2, 2016. The Companies Law delegates the regulation of a number of matters to regulations issued by decision of the Minister, aimed at regulating a number … Read more

Liquidation of Al-Rajhi's estate: Sale of assets and transfer of non-traded shares to the heirs

by

Reading time: < 1 MinuteDr. Abdulmohsen Al-Ruwaished (Sheikh Saleh Al-Rajhi Estate Liquidation Board) confirmed that the real estate and land holdings of Sheikh Saleh Al-Rajhi—may God have mercy on him—represent exceptional opportunities that are rare in the Kingdom’s real estate market due to their prime commercial and residential locations.     This statement came following a meeting of the Board of Directors for the Liquidation of the Estate of Sheikh Saleh Al-Rajhi—may God have mercy on him—which consists of a merger between the Al-Salehiyah Group, chaired by Dr. Abdulmohsen Al-Ruwaished, and the Sheikh … Read more

Articles from Issue 116 of Amlak Journal Dr. Hussam Youssef Writes... Why do projects fail?

by

Reading time: < 1 MinuteSome entrepreneurs may believe that securing funding is the key to the success of their ventures, but the reality is that businesses do not thrive on money alone;but rather through sound planning, wise management, and the implementation of a comprehensive set of administrative processes. On the other hand, entrepreneurs face challenges such as unrealistic profit projections; when entrepreneurs overestimate their expectations… Read more

Editor-in-Chief Abdulaziz Al-Issa writes… The downturn is affecting real estate and rents

by

Reading time: 2 MinutesPrice drops have been widespread, affecting everything from real estate to food prices, cars, and clothing—and especially land prices and various types of real estate (villas, apartments, commercial offices), whether for sale or rent. There are no longer any acceptable excuses for property owners to present to tenants or buyers, such as “inherited property” or “orphans’ rights,” which some have continued to use as a pretext and a major obstacle… Read more

Start collecting fees for vacant land in the first quarter

by

Reading time: < 1 MinuteDuring the first quarter of next year, the Ministry of Housing will begin issuing bills for vacant land fees and collecting those fees.This was clarified by informed sources within the ministry, who noted that the ministry will not immediately begin collecting fees on the 13th of Rabi’ al-Awwal, but will instead work on sorting and evaluating the lands registered on the website dedicated to white land registration, with the help of arbitrators and appraisers to issue land bills… Read more

Today, the "Colors of Saudi Arabia" Forum kicks off in Riyadh with significant local and Arab participation

by

Reading time: < 1 MinuteThe fifth edition of the Colors of Saudi Arabia Forum kicks off today (Sunday) at the Riyadh International Convention and Exhibition Center, under the patronage of His Royal Highness Prince Sultan bin Salman bin Abdulaziz, President of the General Authority for Tourism and National Heritage. During the opening ceremony, Prince Sultan bin Salman will honor the winning photographers in this year’s Colors of Saudi Arabia photography and short film competition. Participating in the forum … Read more

© 2026 Amlak Real Estate Newspaper | All rights reserved.