Month: May 2017

Reviewed social and development loan programs Social Development Bank launches the “Dalani Business Center”

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Reading time: < 1 Minute  In the presence of Dr. Ghassan Al-Suleiman, Governor of the Small and Emerging Enterprises Authority, Dr. Abdullah bin Abdulrahman Al-Namla, Director General of the Social Development Bank, inaugurated the Dalni Business Center at Al-Khuzama Hall in Riyadh. Dr. Ghassan opened the event with a speech during the launch ceremony, followed by the Bank’s Director General, who outlined the Bank’s vision and strategies and highlighted its achievements over the past period … Read more

The Real Estate Contributions Committee Discloses to (SAMA) Court Rulings Totaling 2.3 Billion Riyals for Delinquent Contributions

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Reading time: < 1 MinuteHamza Al-Askar, Secretary-General of the Real Estate Contributions Committee, revealed that the committee had provided the Saudi Credit Information Company “SIMAH” with data on 40 individuals with delinquent contributions. Al-Askar said that enforcement judgments had been issued against them for a total amount estimated at approximately 2.3 billion riyals. He noted that the agreement recently concluded with “Sama” has entered into force, explaining that it will help stimulate … Read more

Ministry of Housing signs a contract to establish the first factory specialized in building housing units with modern technologies

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Reading time: < 1 Minute  The Ministry of Housing has signed a contract to establish the first factory specializing in the construction of residential units using modern building techniques in Dammam. The facility is expected to produce 7,000 residential units annually. In this regard, Saif Al-Suwailem, the official spokesperson for the Ministry of Housing, revealed that the factory builds housing units and equips them with innovative industrial solutions; the units are manufactured on-site and then transported … Read more

The Ministry of Housing activates its partnership with the private sector and negotiates with national and international companies to implement its projects

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Reading time: < 1 MinuteThe Ministry of Housing has begun negotiations with 190 real estate development companies to build residential units, including 20 international firms—among them Chinese, Turkish, and Egyptian companies. This was clarified by Ahmed Mandoura, advisor to the Minister of Housing, who said that the ministry aims to attract major U.S. companies specializing in the housing market in Saudi Arabia, noting that the ministry is ready to sign memorandums of understanding … Read more

Amlak newspaper articles. Abdul Aziz Al-Issa writes: Auctions ... And amazement !!!

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Reading time: 2 MinutesThe real estate auctions held over the past two weeks have yielded numerous gains for the real estate sector and sent clear positive signals confirming that the real estate market is emerging from its slump and beginning a recovery that will make up for recent losses. These auctions have generated significant momentum in the real estate market as a whole, both in terms of reasonable and acceptable prices and in terms of strong demand from investors… Read more

White land fees are expected to support the state treasury by two billion riyals annually

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White Land Fees Program

Reading time: 2 MinutesThe Ministry of Housing has successfully completed the first phase of the vacant land fee project as planned, and the Ministry has continued its efforts to issue vacant land collection notices, which are expected to contribute approximately one to two billion riyals annually to the state treasury. Expanding the Scope of Collection: As part of the Ministry of Housing’s efforts to expand the scope of white land fee collection, it is studying … Read more

The Ministry of Housing continues to strengthen its advanced partnerships to raise the capabilities of its real estate cadres

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Reading time: 2 MinutesThe Ministry of Housing continued its efforts to enhance the real estate capabilities of its national workforce, as Minister of Housing Majid Al-Hogail signed a memorandum of cooperation with Dr. Ahmed bin Fahd Al-Fahid, Governor of the General Organization for Technical and Vocational Training, to provide specialized training programs in real estate and construction at the Authority’s headquarters in Riyadh. Enriching the Real Estate Sector: Housing Minister Majed Al-Hogail emphasized that this agreement and partnership … Read more

Amlak Newspaper Articles Dr. Hussam Youssef writes: Psychological burnout

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Management - Intelligence - Management Science - Real Estate

Reading time: < 1 MinuteThe most serious challenge an employee faces at work is a lack of conviction in what they do, the tasks they complete, and the duties they perform in their job. An employee’s psychological state influences—and is influenced by—their overall level of performance, and consequently, their productivity and level of success. Much depends on the level of job satisfaction an employee feels in their work environment, on two levels: the material level—such as salary and bonuses—and… Read more

Ramadan Nights at Rise - Dubai Creek invites customers to break their fast and break their suhoor

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Reading time: 1 MinuteEmaar Properties offers its customers the opportunity to come together and enjoy the essence and spirit of social connections at their finest, with a unique and inspiring experience in Dubai Creek. Designed as tranquil settings overlooking breathtaking views that embrace Dubai’s beautiful skyline and expansive horizons, “Ramadan Nights at Rise – Dubai Creek” to a world of one-of-a-kind cuisine and dining experiences, where families and friends gather to enjoy … Read more

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