Month: April 2017

Amlak Newspaper Articles Abdulaziz Al-Issa writes: Fees reveal the path of real estate

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Reading time: 2 MinutesAs expected, the value of apartment and villa sales dropped significantly during the first week that bills for white land fees were issued, as part of the first phase in the Riyadh region. As a result, the value of real estate transactions fell by more than 40 percent in weekly deals. This decline may give many cause for optimism, in the hope that land and property prices will return to their previous trajectory… Read more

2017 marks a major turning point in Saudi Arabia's real estate market.

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Riyadh city

Reading time: 3 MinutesA recent report revealed that 2017 is a fundamental turning point in the Saudi real estate market. Increased activity in the real estate sector through the Public Investment Fund, the inclusion of more real estate investment funds, tax reforms and a series of public-private partnerships. JLL's first-quarter report on the real estate market in Western ... Read more

New state-funded tourism projects to be announced soon

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Reading time: < 1 MinuteThe Saudi Commission for Tourism and National Heritage is preparing to launch new state-funded projects. Prince Sultan bin Salman, President of the Authority, said that the committee dedicated to the projects between the Ministry of Finance and the Authority has completed its studies, and the Authority has recommended its acceptance for lending, and it will be announced soon. The new lending program does not ... Read more

Riyadh Real Estate and Urban Development Exhibition ”Restatex 2017" preparations are complete

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Reading time: < 1 MinuteAll preparations have been completed for the launch of the Riyadh Real Estate and Urban Development Exhibition ”Restatex 2017" under the patronage of the Minister of Housing, Mr. Majid Al-Hogail, during the period from 23 to 26 April 2017 at the Riyadh International Convention and Exhibition Center, with the participation of Amlak Real Estate Newspaper, with a large presence of dozens of national and international companies and institutions. The exhibition is considered the most important annual real estate event, as it carries several offers ... Read more

Cityscape Abu Dhabi 2017 kicks off next Tuesday

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Reading time: < 1 MinuteAmlak Real Estate is participating in Cityscape Abu Dhabi 2017 which brings together local, regional and international real estate professionals, as well as banks, financial companies, investment companies, investment companies, investment fund management companies, private investors, pension funds, real estate investment funds, at the Abu Dhabi National Exhibition Center from April 18 to 20. The event is the first of its kind in Abu Dhabi. Read more

Saudi Building and Decoration Exhibition 2017 concludes in its 26th edition in Jeddah

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Reading time: < 1 MinuteThe Saudi Building and Decoration Exhibition 2017, which kicked off recently at the Jeddah Center for Forums and Events, concluded with the media sponsorship of Amlak newspaper and the participation of major local, regional and international companies that exceeded 300 exhibitors. The 26th Saudi Building and Decoration Exhibition showcased The exhibition showcased materials, tools and technologies for building, construction, interior and exterior design, and formed a meeting point for major producers, suppliers and international experts from China, Egypt, ... Read more

Saudi Home Finance Company (Sahl) wins the Best Investment Finance Product Award for 2017

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Reading time: < 1 MinuteSaudi Home Finance Company (Sahl), as an extension of its track record of diversified financing programs for individuals, has been awarded the Best New Investment Finance Product 2017 for the “Sahl Investment” program by Banker Middle East, the region's most prestigious banking and finance magazine, as part of the magazine's annual competition for 2017. He received the award ... Read more

Ministry of Housing signs memorandum of cooperation with Riyadh Chamber's Endowments Committee

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Reading time: 2 MinutesThe Ministry of Housing signed a memorandum of cooperation today, Tuesday, at the ministry’s headquarters in Riyadh with the Endowments Committee of the Riyadh Chamber of Commerce, stipulating cooperation between the two parties in the area of sustaining the resources of the Cooperative and Affordable Housing Initiative and increasing its financial resources through endowments, as well as coordinating efforts on common issues and topics of mutual interest, in the presence of His Excellency Minister of Housing Majid bin Abdullah Al-Hogail. This comes … Read more

“Orient Planet”: Family-owned businesses account for 70 to 80 percent of the private sector in the Gulf

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Reading time: 4 MinutesA report released today, April 11, 2017, by “Orient Planet Research,” an independent unit of the “Orient Planet Group,” revealed that family-owned businesses in the Gulf Cooperation Council (GCC) countries continue to build a strong presence and make a significant impact on the global economic landscape, yet at the same time they face numerous challenges within the current business environment, which is highly competitive in light of … Read more

Perfilage Dubai Wins Franchise Contract for the Marketing, Printing, and Distribution of *Amlak* Newspaper in the UAE

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Reading time: < 1 Minute  The Emirati company Burfleg has signed a concession agreement to manage the offices of *Amlak* newspaper in Dubai, in addition to marketing, printing, and distributing *Amlak* throughout the United Arab Emirates, and contributing to the newspaper’s media coverage and partnerships. *Amlak* editor-in-chief Abdulaziz Al-Issa said: “The signing of this contract with the Emirati company Burfleg represents a major leap forward in the newspaper’s reach in … Read more

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