Reading time: < 1 MinuteHousing Minister Majid Al-Haqeel revealed that the development of white lands means only for infrastructure and not for building housing units or offering land for investment or sale. Al-Haqeel reiterated during a meeting with real estate developers in Jeddah that there will be no exception ... Read more
Reading time: < 1 MinuteAl Rajhi Bank inaugurated its new branch at King Khalid Airport's Terminal 5 in Riyadh last week, in the presence of Airport CEO Abdulaziz bin Saad Abu Hirba, General Manager of the Retail Banking Group Saleh bin Abdullah Al Zamea, and a group of airport and bank officials. The new branch was inaugurated in the presence of Abdulaziz bin Saad Abu Hirba, General Manager of the Retail Banking Group Saleh bin Abdullah Al Zamaiyah, and a group of airport and bank officials. Read more
Reading time: < 1 MinuteThe Shura Council has sharply criticized the Ministry of Housing for the delay in the completion of its projects. The Hajj, Housing and Services Committee of the Council demanded that the ministry provide justifications for the reasons for the delay, and stressed the need to take the necessary measures to ensure the completion of these projects on time, and remove obstacles to provide direct loans to citizens through the Real Estate Development Fund (REDF). The committee said in its report, which will be discussed by the council on Jumada 6... Read more
Reading time: < 1 Minute Bank Albilad invited those wishing to apply for the subsidized financing and easy mortgage programs to visit the nearest branch of the nationwide network of branches, or to contact Albilad 920001002 or apply through the bank's website www.Bankalbilad.com or through social media channels. This came during the visit of the Minister of Housing Majid Al-Hogail and the General Supervisor of the Development Fund ... Read more
Reading time: < 1 MinuteAccording to the plans of the Ministry of Housing, Prince Saud bin Talal, advisor and supervisor of the Ministry of Housing Agency for Housing Support and Branches, revealed that the ministry is committed to providing 10 new payments to beneficiaries during the current year 2017. Prince Saud said that the ministry will announce the next batch of beneficiaries within the “Sakani” campaign on March 14. Prince Saud was speaking ... Read more
Reading time: < 1 Minute Dar Al Arkan announced that it has two plots of land within the framework of fees in Jeddah and Riyadh, which are under development. Yousef Al Shalash, chairman of the company, revealed that the company's land inventory is 35 million square meters, distributed between Riyadh, Jeddah, the Eastern Province, Mecca and Medina, and very small numbers in small cities. Al Shalash praised the new legislation ... Read more
Reading time: < 1 Minute Kuwait seeks to implement smart cities and their applications for infrastructure, as it intends to build a city south of Saad Al-Abdullah at a cost of 4 billion dollars, equivalent to one billion and 200 thousand Kuwaiti dinars, where the project includes planning and engineering design services, proposing residential models, designing the energy system and analyzing the economic feasibility of the new city on a total area of 59 km2. ... Read more
Reading time: < 1 MinuteThe General Supervisor of the “Ejar” program at the Ministry of Housing, Engineer Mohammed bin Saleh Al-Bati, revealed that the registration of residential contracts in the “Ejar” network will start in the second quarter of 2017, explaining that the percentage of the real estate broker will not change (2.5 % of the value of the lease contract for the first year). Al-Batti added that the network is currently concerned with the residential sector, indicating that its application will be announced later ... Read more
Reading time: < 1 Minute His Royal Highness Prince Khalid Al-Faisal, Advisor to the Custodian of the Two Holy Mosques and Governor of Makkah Region, honored last Sunday, Domain Real Estate Company by choosing it among the 100 most popular brands for the past year 2016. The company's executive vice president, Mr. Abdullah bin Jarallah Al-Obayeb, received the honor shield of the “Al-Watan Award” organized by the Asir Press and Publishing Foundation, which ... Read more
Reading time: < 1 MinuteA number of specialized training courses in the field of real estate development, organized by the Institute of Public Administration (IPA) in cooperation with the off-plan sales program “Wafi”, will be launched next week in Riyadh. The course aims to qualify and train beneficiaries of the services of the program, which targets beneficiaries of the program such as real estate developers, engineering consultants, legal accountants, and all those interested in ... Read more
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