Month: June 2017

It has a number of services and facilities. US village on sale for 1.9 million dollars

by

Reading time: < 1 MinuteAn abandoned American town in Connecticut called Johnsonville has been put up for sale for $1.9 million. The town overlooks a river and has a post office, a bank and several other buildings built in the Queen Victoria era. Johnsonville was founded in 1802 and once served as a historic hangout for the wealthy, according to real estate agent Sherry Mielke. Read more

Saudi British Bank wins KPI award for ATM services

by
Online Data Update - SAP - Online Data Update - Global Trade

Reading time: < 1 MinuteSaudi British Bank (SABB) was recognized by the Saudi Arabian Monetary Authority (SAMA) for achieving the highest key performance indicators for ATM services and reach, as SABB was awarded the first place as the best bank in the management of self-service and ATM services at the level of local banks. This came during a ceremony organized by the Saudi Arabian Monetary Authority (SAMA) to distribute awards ... Read more

3866 Wasl Group housing units for Expo 2020 Dubai preparations“

by

Reading time: < 1 MinuteDubai's Wasl Asset Management Group has unveiled its new project in Dubai's Warsan area, which includes 26 buildings that will be built on 160,000 square feet of resort-style space and will be dedicated to hospitality employees. The project will offer 3,866 residential units totaling 2.6 million square feet and is scheduled for completion in October 2020. Read more

It amounted to 212.4 billion riyals in 8 months Real estate transactions are down 30% from last year

by
Real Estate Index - Real Estate Transactions

Reading time: < 1 MinuteReal estate transactions continued to decline during the last period, as data issued by the Ministry of Justice revealed that the value of real estate transactions that took place during the month of Shaaban 1438 AH decreased by 33%, while the decline amounted to 30% for the last eight months, down 30% from the same period in 1437 AH. The decline in the value of real estate transactions during the first eight months ... Read more

Ministry of Housing: Construction material prices in the first quarter of 2017 fell by 4%

by

Reading time: < 1 MinuteThe Ministry of Housing expected that the decline in the prices of construction materials in the first quarter of 2017 will contribute to the revitalization of the real estate market, especially after the start of the application of white land fees, which will increase the supply and reduce the cost of construction. The ministry emphasized that every ... Read more

Real estate loans in the first quarter of 2017 rose to about 212.5 billion riyals

by

Reading time: < 1 MinuteReal estate loans granted by commercial banks in Saudi Arabia to individuals and companies by the end of the first quarter 2017 increased by 3% compared to the fourth quarter of last year, reaching this year about 212.5 billion riyals, an increase of 3%. The updated data published by the Saudi Monetary Agency showed that the value of loans granted to individuals is about 112.5 billion riyals, an increase of 2% ... Read more

Sheikh Abdullah Al-Mutlaq: The programs and projects of the Ministry of Housing have been studied and approved by sharia committees

by

Reading time: < 1 MinuteSheikh Dr. Abdullah bin Mohammed Al-Mutlaq, a member of the Council of Senior Scholars and advisor at the Royal Court, reassured citizens and encouraged them to apply for the programs and projects of the Ministry of Housing, stressing that the ministry's current products and regulations have been studied and approved by sharia committees and sharia bodies in local banks, and their matter is quite clear, and this must be explained to people to benefit from them. This came during ... Read more

GAFI signs 13 cooperation agreements with investors in the paints and coatings sector

by

Reading time: 2 MinutesThe General Authority for Investment (GAFI), with the support of the Ministry of Energy, Industry and Mineral Resources, has signed 13 memorandums of cooperation with a group of local and international investors in the paints and coatings sector, through which the two parties aim to build a solid base for joint cooperation with the private sectors and draw a roadmap for investment in this vital and important sector. ... Read more

Saudi Monetary Authority grants Wafa Insurance approval for comprehensive home insurance

by

Reading time: < 1 Minute  The Saudi Arabian Monetary Agency (SAMA) announced its approval for the Saudi Indian Cooperative Insurance Company (Wafa Insurance) to carry out comprehensive home insurance operations for a period of 6 months under specific conditions set by SAMA. In a letter sent to the company on June 1, SAMA confirmed the conditional approval of home insurance.

In support of suppliers and businessmen Al Rajhi Bank approves trade transactions in Chinese Yuan

by
Al Rajhi Bank

Reading time: < 1 Minute In support of international trade with China, Al Rajhi Bank has executed the first Sharia-compliant letter of credit in Chinese currency (Yuan) in Saudi Arabia. This pioneering operation ushers in a new era of trading in new currencies in the Saudi market as the Yuan currency entered the world of international trade after the Chinese central bank liberalized the Chinese currency (Yuan), knowing that ... Read more

© 2026 Amlak Real Estate Newspaper | All rights reserved.