Month: September 2017

Aldar showcases its latest development on Yas Island at Restatex Cityscape in Riyadh

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Reading time: 2 Minutes Aldar Properties, a leader in real estate development, investment, and management in Abu Dhabi, announced today its participation in the Riyadh Real Estate and Urban Development Exhibition “Restatex Cityscape” 2017, which kicks off today and runs through September 30 at the Riyadh International Convention and Exhibition Center. The company will showcase its latest development project, “Waters AG,” on the sidelines of its participation in the exhibition, which is considered one of the largest … Read more

Delegations have arrived at the venue... The Restatex Cityscape Riyadh exhibition will welcome visitors this evening to showcase the latest real estate trends.

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Reading time: 2 MinutesMeanwhile, the hospitality and hotel sectors continue to welcome delegations from companies participating in this major economic event... The countdown has begun for the opening of this year’s first edition of the Restatex Cityscape Riyadh exhibition, which will kick off at 6:30 p.m. today in the presence of His Excellency Mr. Majid bin Abdullah Al-Hogail, Minister of Housing, with significant local and international participation reflecting the latest trends in the real estate sector… Read more

At a cost of more than one billion dirhams. Sheikh Zayed Housing Program launches two tenders for 884 homes in Dubai and Ras Al Khaimah

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Reading time: < 1 Minute  The Sheikh Zayed Housing Program will launch two tenders this coming October for the construction of 884 housing units in Dubai and Ras Al Khaimah. The first tender, to be launched during the first week of October, aims to implement the second phase of the Batin Al Sammar residential project in the emirate of Ras Al Khaimah, while the second tender involves the construction of housing units for the … project. Read more

During the Real Estate Facilities Management e-Platform Workshop The Ministry of Housing's Owners Union Program registers (460) unions

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Reading time: < 1 MinuteDuring the introductory workshop on the electronic platform for real estate facilities management organized by the Riyadh Chamber of Commerce—represented by its Real Estate Committee—in cooperation with the Ministry of Housing, Engineer Turki Al-Jabaa, director of the Owners’ Associations Program at the Ministry of Housing, explained that the number of associations registered in less than a year has reached 460 so far, and he expects that number to rise further in the coming period, adding … Read more

Under the patronage of the Minister of Housing Restatex Cityscape Riyadh kicks off on Wednesday amid anticipation in the real estate sector

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Reading time: 2 MinutesUnder the generous patronage and support of His Excellency Mr. Majid bin Abdullah Al-Hogail, Minister of Housing, Riyadh will host the Restatex Cityscape exhibition tomorrow as the largest event of its kind, taking place from September 27 to 30 at the Riyadh International Convention and Exhibition Center, where the exhibition’s organizers have completed their preparations to launch this important real estate forum, which is under the specialized patronage of … Read more

Ministry of Finance hires local and international banks to coordinate meetings with fixed income investors

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Government Procurement - Ministry of Finance - Real Estate Investment

Reading time: 2 Minutes  The Ministry of Finance announced that it has appointed a number of international and local investment banks to coordinate a series of meetings with fixed-income investors, which began yesterday, Monday, 5/1/1439 AH, corresponding to September 25, 2017. In a statement, the Ministry said that it had also tasked these investment banks with managing and arranging the issuance of debt instruments under the international program … Read more

The Monetary Authority directs real estate financiers to offer more than one option to customers

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Reading time: < 1 MinuteYesterday, Monday, the Saudi Arabian Monetary Authority (SAMA) directed mortgage lenders to offer their customers one or more alternative options and to continue with existing mortgage contracts, with the option to convert the customer’s mortgage from a variable-rate to a fixed-rate loan without administrative fees, provided the product is available from the current lender, and to allow mortgage lenders to transfer the debt to another mortgage lender if the customer obtains … Read more

In cooperation with Itqan Real Estate “Al Rajhi Liquidation Board showcases estate properties at Restatex Cityscape Riyadh

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Reading time: < 1 MinuteAs a Gold Sponsor, the Real Estate Liquidation Council for the Estate of «Sheikh Saleh Al-Rajhi»  in the Restatex Cityscape Riyadh exhibition, which will take place from September 27 to 30, in collaboration with Itqan Real Estate, the exclusive marketer of the estate. This participation is in line with the marketing policy pursued by the Council’s management, and the Council is expected to showcase the most significant properties to be sold … Read more

“Saudi Exports: More than 200 national companies have the opportunity to appear in international markets

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Saudi exports

Reading time: 2 MinutesThe Saudi Export Development Authority (SEDA) Its efforts to support and enhance the presence of Saudi products in international markets, open the doors of export for national goods, and contribute to booking its market share internationally, in fulfillment of the Kingdom's vision aimed at diversifying sources of income for the national economy, as well as strengthening local industries. And open wide horizons for them in international markets. More than ... Read more

Multiple development projects in the Eastern Province worth more than 4 billion riyals

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Eastern Region

Reading time: 3 MinutesThe budget for projects completed and those currently underway over the past four years has totaled approximately 4.5 billion riyals, and this budget reflects the wise leadership’s commitment to providing all services to citizens and residents by developing the infrastructure of the Eastern Province’s governorates, cities, and villages. Diverse Projects: His Excellency Fahd Al-Jubeir, Secretary of the Eastern Province, noted that the region … Read more

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