Month: May 2017

Abdulsalam Al Rajhi praises Amlak's coverage of the Liquidation Council's auctions. He sends a letter to the editor-in-chief

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Reading time: < 1 MinuteBusinessman Abdul Salam bin Saleh Al Rajhi praised the distinguished press and media coverage provided by Amlak Real Estate Newspaper for the events of the auctions of the estate of Sheikh Saleh Abdulaziz Al Rajhi - may God rest his soul - through its careful follow-up and immediate reports through all its electronic media, websites and social media pages, in addition to the paper press and electronic marketing campaign that reaches more than ... Read more

Dammam issues 503 invoices for 336 lands with a total area of more than 105 million square meters

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real estate

Reading time: < 1 MinuteThe Ministry of Housing announced the issuance of white land fees for the Dammam metropolis and called on the taxpayers (white land owners) to familiarize themselves with the fees imposed on them and pay them within one year of the issuance of the decision. The ministry explained that those who fail to pay within the specified period of one year are considered violators and will be subject to the stipulated procedures. The Ministry of Housing announced yesterday that the number of invoices issued in ... Read more

The Ministry of Housing announces 6274 housing units in May as part of the fourth installment of the residential program

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Reading time: < 1 MinuteThe fourth installment announced by the Ministry of Housing in May included 6274 housing units divided into 6084 housing units within the off-plan sales program Wafi in partnership with real estate developers, and 190 ready-made housing units, as part of the ministry's plan to allocate and deliver 280,000 housing and financing products in all regions of the Kingdom in 2017. This is part of the ministry's plan to allocate and deliver 280,000 housing and financing products in all regions of the Kingdom during 2017. The fourth installment was ... Read more

Ministry of Housing announces fourth installment of 20,585 housing and financing products and 190 units ready for delivery

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Reading time: < 1 MinuteThe Ministry of Housing announced that it continues to offer its various products, as the ministry released the fourth installment for the month of May, including 20,585 housing and financing products under the Residential Program. This batch includes 7,700 subsidized financing in partnership with banks and financial institutions, 6,611 free land, 6,084 housing units within the off-plan sales program Wafi in partnership with real estate developers, 190 ... Read more

Ministry of Municipal Affairs begins forming partnerships to implement smart city projects in 10 cities in the Kingdom

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Reading time: < 1 Minute  During his opening speech at the first Saudi Smart Cities Conference yesterday, Minister of Municipal and Rural Affairs Engineer Abdullatif bin Abdulmalik Al-Sheikh revealed that the ministry has started forming partnerships to implement smart city projects for 10 cities in the Kingdom, in order to achieve one of the most important objectives of the Municipal Transformation Program 2020. Al Al-Sheikh revealed that the Ministry of Municipal Affairs has adopted a project ... Read more

In the presence of senior officials and bankers SABB celebrates its 40th anniversary today

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Reading time: < 1 Minute Saudi British Bank (SABB) is celebrating its 40th anniversary today, Wednesday, May 17, since it launched its activities in the Kingdom in 1977 as a Saudi joint stock company in partnership with HSBC Group, with a capital of 100 million riyals, which gradually grew until it reached 15 billion riyals in 2015. The celebration is honored by a crowd of ... Read more

With a variety of spaces and bank financing. Sheikh Saleh Al Rajhi's estate offers 87 commercial and 476 residential plots in Al Quds neighborhood in Riyadh Next Saturday

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Reading time: 2 MinutesAfter the first and second auctions achieved remarkable success during the past two weeks by selling six properties in Riyadh and Jeddah worth more than one billion riyals, the Liquidation Council of the Estate of Sheikh Saleh bin Abdulaziz Al Rajhi, may God have mercy on him, and Itqan Real Estate Company, under the supervision of the Ministry of Justice, will hold the third public auction next Saturday, 24 Shaaban 1438 AH corresponding to May 20 ... Read more

At a cost of 75 billion riyals. Daewoo Engineering and Construction Company announces the construction of Dahiyat Al Fursan in Riyadh

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Reading time: < 1 Minute South Korea's Daewoo Engineering and Construction Company announced in Dubai, United Arab Emirates, the master plan for the construction of a new city in Riyadh, with a total value of 20 billion dollars (75 billion riyals). The announcement ceremony was attended by officials from the Ministry of Housing, led by Minister of Housing Majid bin Abdullah al-Haqeel, South Korean Ambassador ... Read more

The Real Estate Fund reveals 2162 applications for self-construction and approves 2686 applications for subsidized financing

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Reading time: < 1 MinuteThe General Supervisor of the Real Estate Development Fund, Ayham bin Mohammed Al Yousuf, revealed that the Fund has received 2162 applications for self-construction through its branches until today, and they have been studied and are being transferred to banks to complete the financing process. He added that the fund now plays the role of a link between the citizen and the bank to facilitate this process, after the citizen used to go to the bank to get ... Read more

Minister of Municipal and Rural Affairs inaugurates the “First Saudi Smart Cities Conference” with wide international participation

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Reading time: 2 MinutesWith the participation of more than 40 experts from home and abroad and the presence of more than 1000 interested parties and smart service providers, the Minister of Municipal and Rural Affairs, M. Abdullatif Al-Sheikh, inaugurated today the activities of the “First Saudi Smart Cities Conference” organized by the Ministry. Abdullatif Al-Sheikh today opened the activities of the "First Saudi Smart Cities Conference" organized by the Ministry with the participation of 40 experts from the Kingdom, America, Canada, Belgium and South Korea, and the presence of more than (1000) interested and smart service providers, ... Read more

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