Month: July 2017

Dubai Municipality licenses 105 million square feet of construction since the beginning of 2017

by

Reading time: < 1 MinuteThe Building Permits Department at the Dubai Municipality revealed that the total licensed building area in the municipality since the beginning of 2017 has reached 105 million square feet. Ibtisam Al-Amri, head of the Licensing Department, explained that 96 million square feet consisted of new construction and noted the diversity and variety of properties and construction projects, with 76% of the licensed construction area allocated to multi-story buildings … Read more

The Ministry of Housing Invites Recipients of Housing Assistance in the Governorate to Visit the Site and Reserve a Unit in the “Ramah Housing” Project”

by

Reading time: < 1 MinuteThe Ministry of Housing has invited eligible recipients of housing assistance in the Ramah Governorate to reserve units in the “Ramah Housing” project and visit the site in the governorate, starting yesterday, Sunday, The project includes move-in-ready housing units priced at 580,000 riyals, with monthly installments starting at 1,934 riyals. It is worth noting that the project comprises 82 housing units and 88 plots of land, and is located … Read more

The Real Estate Fund denies excluding any citizen from the list or establishing new classifications for beneficiaries

by

Reading time: < 1 MinuteHamoud Al-Osaimi, Director General of Public Relations at the Real Estate Development Fund, denied that any new categories for beneficiaries had been established or that any citizen had been excluded. Al-Osaimi explained that the subsidized financing program was approved by the Real Estate Development Fund’s Board of Directors, and any amendment to the program can only be made after the Board’s approval and the official announcement of such an amendment. He said that … Read more

An area of 50 square kilometers. Energy Industrial City in Sharqiya is an economic pillar that attracts foreign investments

by
Eastern Region

Reading time: < 1 Minute  Last week’s Cabinet decision to establish the Industrial Energy City in the Eastern Province was met with great satisfaction in economic circles throughout the Kingdom in general and in the Eastern Province in particular, as it will attract foreign investment and domestic capital, in addition to providing a large number of job opportunities for young Saudis from the region and the entire Kingdom, highlighting the importance of this initiative… Read more

The Real Estate Fund Disburses 7,700 Loans as Part of the Sixth Tranche of the Housing Program

by

Reading time: < 1 MinuteOn the occasion of the sixth batch announced by the Ministry of Housing, Khalid Al-Amoudi, General Supervisor of the Real Estate Development Fund, said that the fund continues, through the “Sakani” program, “Sakani” program, the Fund continues to reduce waiting lists and expedite access to subsidized financing in partnership with banks and financial institutions. In the same vein, the Real Estate Development Fund has announced more than 46 … since the beginning of this year up to this round. Read more

“The Ministry of Housing Launches the ”Allocation“ Campaign and Reserves 12,800 Housing Units Through the Off-Plan Sales Program

by
Real Estate Marketing - Real Estate Marketing - Real Estate Projects

Reading time: < 1 MinuteAhmed Mandoura, General Supervisor of the Private Sector Partnership Program at the Ministry of Housing, announced the launch of a campaign to allocate and reserve 12,800 housing units through the off-plan sales program as part of numerous projects in Dammam, Tabuk, Khamis Mushait, Al-Kharj, and other locations, starting today, Sunday. This announcement was made during a conference held by the Ministry of Housing to launch the sixth phase of the housing program, noting … Read more

The Ministry of Housing Signs Agreements with 4 Companies to Carry Out 6 Projects Comprising 15,852 Housing Units

by

Reading time: < 1 MinuteThe Ministry of Housing signed agreements with four real estate development companies to implement six projects in various regions of the Kingdom, totaling 15,852 housing units. This followed the Ministry’s announcement of the allocation of the sixth phase of the housing program, which included 27,658 units. The Ministry emphasized that the purpose of signing these agreements is to provide housing and financing services that will help accelerate the pace of development … Read more

The Ministry of Housing Unveils the Sixth Batch and Provides 27,658 Housing Units and Financing Options as Part of a Housing Program

by

Reading time: < 1 MinuteThe Ministry of Housing continued to release its monthly housing offerings, announcing 27,658 housing units and financing options as part of the sixth batch of the “Sakani” campaign. The sixth batch included 12,230 off-plan housing units, 7,723 residential land plots (provided free of charge), and 7,700 housing loans (with subsidized interest rates). The announced products were distributed across various regions of the Kingdom, with the number reaching … Read more

The Real Estate Fund Plans to Exclude Defaulters from Its New Classification System... and Moves to Launch a Center for Recipients of Subsidized Financing   

by
Real Estate Fund - Real Estate

Reading time: < 1 Minute  The Real Estate Development Fund confirmed its intention to implement a new classification system for beneficiaries with the aim of excluding those in default, based on data from the Saudi Credit Bureau (SIMAH). On another note, Khalid Al-Amoudi, General Supervisor of the Real Estate Development Fund, explained that the fund is considering launching a center to support recipients of subsidized financing due to poor coordination between individuals and the financing sector, noting that the center will assist eligible recipients … Read more

Banque Saudi Fransi Recommends Dividends of 1.259 Billion Riyals for the First Half of 2017

by

Reading time: < 1 MinuteThe Board of Directors of «Banque Saoudi-Français» recommended distributing 1.259 billion riyals in cash dividends to shareholders for the first half of this year on 1.199 billion shares eligible for dividends, at a rate of 1.05 riyals per share, representing 10.5% of the par value of the share. Shareholders of the bank who hold shares on the record date, set for the 16th of this month, and who are registered in the bank’s records with … Read more

© 2026 Amlak Real Estate Newspaper | All rights reserved.