Month: July 2017

It includes 300 housing units. Prince Mohammed Bin Nasser Charitable Housing Association in Jazan signs contracts to build the Al Mawda neighborhood

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Reading time: < 1 MinuteThe Prince Mohammed bin Nasser Charitable Housing Association in Jazan has concluded contracts for the first phase of the association's Al-Mawdah residential neighborhood project, which contains 300 residential plots ready to build housing units on them, in four phases, where the current first phase includes the construction of 16 residential villas and 6 buildings in each building 16 apartments, with a total of 112 housing units, at a cost of ... Read more

Real Estate Contributions Committee prepares to calculate the amounts of the “Princess Dalil Siege Land” and calls for updating the shareholders' data

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Reading time: < 1 MinuteThe Real Estate Contributions Committee at the Ministry of Commerce and Investment recommended all shareholders in the contribution of “Princess Dalil's Palm Land” in Bin Dail, which belongs to the office of (Abdullah bin Abdulrahman Al-Qahtani) to visit the Arab National Bank website and fill out the contribution form and then go to the nearest branch of the bank, accompanied by their original documents (ID - and the originals of the contracts - ... Read more

“Bedaya Home Finance signs MoU with Wafi to provide housing finance for under-construction projects

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Reading time: < 1 Minute  Bedaya Home Finance Company has confirmed that it is working to boost the home ownership rate in the Kingdom in cooperation with its partners in line with the overall vision of the national economy, which is driven by a strong and sustainable demand for the real estate sector. Mazen bin Ahmed Al Ghoneim, CEO of Bedaya Home Finance, praised the Memorandum of Understanding (MoU) signed by the company with the Sales Committee ... Read more

  White land registered in the three cities provides 580,000 homes with services and infrastructure

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White Land Fees

Reading time: < 1 MinuteWith a total area of 232.2 million square meters, the Ministry of Housing has identified the white lands located within the geographical area of the first phase of the program, and the ministry explained that these lands can provide 580 thousand plots of land with an area of 400 square meters suitable for building a villa. According to sources, the Ministry of Housing has received many requests to register white lands owned by one or more people. Read more

Saudis were the biggest buyers of real estate in Turkey in June

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Reading time: < 1 MinuteThe number of properties sold to foreigners in Turkey during the past month amounted to 1,926 properties. The Saudis ranked first with 612 properties, followed by Iraqis with 239, Kuwaitis with 136, Russians with 115 and British with 87 properties, and Istanbul topped the list of states in real estate sales to foreigners with 903 properties, followed by Antalya with 408 and Bursa with 93 ... Read more

Minister of Commerce sponsors the Ghazi Algosaibi Award for the most promising enterprise on September 26

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Reading time: < 1 Minute  The Eastern Chamber will organize the Dr. Ghazi Al-Qusaibi Award ceremony for the most promising enterprise in its sixth session on Tuesday evening, September 26, under the patronage of Dr. Majid Al-Qusaibi, Minister of Commerce and Investment. Majid Al-Qusaibi, Minister of Trade and Investment Al-Qusaibi. The award will be awarded to 15 promising enterprises, with three enterprises from 5 sectors selected by the committee tasked with selecting the winners, namely: (Supporting and light industries, ... Read more

“Jabal Omar to acquire stakes in Umm Al-Qura for Development and Reconstruction”

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Reading time: < 1 Minute  Jabal Omar Development Company announced that it has submitted a non-binding letter of intent to the board of directors of Umm Al Qura for Development and Construction to acquire the entire company or a controlling stake in it. The company said in a statement that the determination of the acquisition share will be after the completion of the evaluation and due diligence work, and after fulfilling all necessary regulatory requirements and approvals in accordance with the regulations ... Read more

Ministry of Housing announces registration of 15 million square meters of white land in Makkah

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Reading time: < 1 Minute  The Ministry of Housing announced that the area of white land that was registered in Makkah after the registration deadline exceeded 15 million square meters, containing 98 plots of land. The deadline given by the ministry to landowners in Makkah to register their lands that meet the conditions of the system expired last Thursday.

Ministry of Housing reveals distribution of 5472 plots of land in Hail and construction of 1290 housing units

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Reading time: < 1 MinuteAbdulmohsen Al-Mutair, director of the Ministry of Housing and Urban Development's branch in Hail, confirmed that the ministry revealed the distribution of 5472 plots of land in Hail and the construction of 1290 housing units in the modern Hail plan called the “Aja Banaa” project. He pointed out that the ministry has allocated ... Read more

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