Month: April 2017

Ministry of Housing suspends 7 off-plan projects for violating the law

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Reading time: < 1 MinuteThe Ministry of Housing, represented by the off-plan sales and leasing program “Wafi”, has suspended 7 projects from selling their products on the map for violating the controls specified by the system, as some projects were marketed outside the Kingdom in the UAE, Morocco, Georgia, Bosnia, Turkey and Lebanon through exhibitions and marketing advertisements. The ministry also suspended a commercial project under construction in Riyadh. Read more

Real Estate Fund confirms fulfillment of its obligations to the citizen if he transfers to a bank

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Reading time: < 1 MinuteThe General Supervisor of the Real Estate Development Fund, Engineer Ayham Al-Yousef, revealed that there are citizens whose salary exceeds 100 thousand riyals and have benefited from the Fund's support, indicating that he should leave the field for others, but in the end it is one of his rights and he was given the least support, indicating that everyone will benefit from the support fairly and the support will vary according to the proportions of need. ... Read more

Riyadh Chamber organizes an introductory meeting about the Ejar program and network next week

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Rent

Reading time: < 1 MinuteWith the aim of highlighting the range of electronic services provided by “Ejar Network” and its importance in preserving the rights of the parties to the rental process, the Riyadh Chamber, represented by the Real Estate Committee, will organize an introductory meeting on Wednesday 12-4-2017, in cooperation with the Ejar Initiative, one of the initiatives of the Ministry of Housing. On this occasion, the head of the committee explained that the meeting comes to sensitize the parties to the rental process to the objectives of ... Read more

Under the slogan “Together we build tomorrow ”The Fifth Tomorrow Forum kicks off under the patronage of the Emir of Riyadh on April 24

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Reading time: < 1 MinuteUnder the slogan ”Together We Build Tomorrow”, the Fifth Tomorrow Forum will kick off on Monday, April 24, with the participation of a group of creative youth models and officials, under the patronage of His Royal Highness Prince Faisal bin Bandar bin Abdulaziz, Emir of Riyadh. The forum will discuss a number of important topics, such as announcing and discussing the results of the comprehensive national study ... Read more

Finalized the procedures of 11 private schemes Medina Municipality approves 10 development plans for informal areas

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Reading time: < 1 MinuteThe Municipality of Medina has approved 11 private plans in Medina and 10 development plans for informal areas in Yanbu during the past three months. In implementation of the noble orders issued to establish appropriate mechanisms for the approval of private residential plans within cities and in accordance with the mechanism established by the Ministry to approve land division plans within 60 days of ... Read more

Al Hokair Group wins Tourism Excellence Awards at the Travel and Tourism Investment Forum

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Reading time: < 1 Minute  Al Hokair Group won the Tourism Excellence Awards during its participation in the Travel and Tourism Investment Forum at the Fairgrounds. On this occasion, His Royal Highness Prince Faisal bin Bandar bin Abdulaziz, Governor of Riyadh Region, handed over the honorary shields to the Chairman of the Tourism Development Council in the region. Al Hokair Group received the highest number of awards for a single group, namely the best four-star hotel - ... Read more

Sheikh Mohammed bin Rashid visits the international exhibition accompanying the Annual Investment Forum”

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Reading time: 2 MinutesUnder the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, the International Exhibition accompanying the ”Annual Investment Forum” kicked off today at the Dubai World Trade Center over three days with the participation of about 250 companies and government entities from 125 countries, including ... Read more

International Property Show 2017 kicks off today in Dubai with multiple panel discussions on real estate market developments

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Reading time: 2 Minutes  Dubai World Trade Center will host the thirteenth edition of the International Property Show 2017 from April 2 to 4. The agenda of the exhibition focuses on the possibility of obtaining residence and citizenship visas in European countries through real estate investment, which is a golden opportunity that gives the recipient wider areas ... Read more

Saudi Arabia is second in the Arab world in the list of countries with high human development

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Reading time: < 1 MinuteThe Kingdom of Saudi Arabia ranked second in the Arab world and 38th globally in the list of countries with very high human development, according to the United Nations Development Program's Human Development Report for 2016. GASTAT President Dr. Fahad bin Sulaiman Al-Tukhaifi stated that Saudi Arabia achieved this tangible progress, which was reflected in the Human Development Report issued ... Read more

Social Development Fund funds citizens to work in the transportation sector

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Reading time: < 1 Minute  The Social Development Fund will provide financing for Saudis wishing to work in the taxi industry through the platforms of ride-hailing companies. This was explained by the Undersecretary of the Ministry of Labor and Social Development for Special Programs, Dr. Ibrahim Al-Shafi. He reviewed during a workshop organized by the ministry, recently, under the title «Violations of the localization of taxis through vehicle guidance companies,» at the ministry's headquarters in Riyadh, ... Read more

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