Month: October 2017

Saudi-Russian Investment Forum: 25 economic projects promote positive cooperation between the two countries 4 Russian companies receive their licenses

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Reading time: 4 Minutes  As part of the visit of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud—may God protect him—to the Russian Federation, the First Saudi-Russian Investment Forum kicked off this morning under the title “Investment Toward Building a Strong Partnership,” organized by the General Investment Authority in cooperation with the Council of Saudi Chambers and the Saudi-Russian Joint Council, with the participation of 200 business leaders … Read more

Dubai will host the Franchise Expo on October 18... and a special ceremony for the winning brands

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Reading time: < 1 Minute  With the participation of more than 85 international and national brands, the fourth edition of the Middle East Franchise Expo (Franchise), which will take place on October 18 and 19, 2017, at the Jumeirah Beach Hotel in Dubai. The program includes workshops and opportunities for effective networking through platforms specifically designed for “Buyer Meet-Up” sessions. It is… Read more

A platform for showcasing innovations and keeping pace with developments... 2,000 visitors wrap up the Middle East and North Africa Mining Conference in Dubai

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Reading time: < 1 MinuteThe 10th Middle East and North Africa Mining Conference, held in Dubai on Tuesday, concluded on October 2–3, 2017, featuring important presentations and events that contributed to the development of the mining sector. The event, sponsored by Amlak Real Estate, welcomed 2,000 visitors at the Dubai World Trade Center. The conference is considered a leading event in the region… Read more

Under the auspices of the Ministry of Municipal and Rural Affairs, 500 specialized companies will participate in the Saudi Construction Expo on October 23

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Saudi Construction Exhibition

Reading time: < 1 Minute With the participation of more than 500 exhibitors from around the world representing 30 countries, Riyadh Exhibitions Company has completed its preparations to host the Saudi Construction Exhibition, which kicks off on October 23 and runs through October 26 under the auspices of the Ministry of Municipal and Rural Affairs, at the Riyadh International Convention and Exhibition Center. The exhibition is considered the largest economic and commercial gathering in the construction sector, and it coincides with… Read more

“Deutsche Gulf Finance signs cooperation agreement with Inmaya Real Estate Development”

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Reading time: < 1 MinuteDeutsche Gulf Real Estate Finance Company signed a joint cooperation agreement with Inma’iya Real Estate and Tourism Development Company, as part of the company’s plans to enhance real estate and financing solutions for Saudi citizens in line with Vision 2030. The agreement was signed by Mr. Sulaiman Al-Zabin, CEO of Deutsche Gulf, while Mr. Munir Al-Shahri, CEO of Inma’iya, signed on behalf of his company. This represents … Read more

Including the opening of branches in Riyadh and Al-Qassim… “Stars of Peace” Holding Signs 7 Real Estate Projects with “Al-Baik” Through a Strategic Partnership

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Reading time: < 1 Minute  Nujoom Al-Salam continued its development of undeveloped land and construction of vital projects, signing seven real estate projects across the Kingdom yesterday with Al-Baik Food Systems Co., Ltd.; This is for the opening of restaurant branches as a first phase, which included six branches in the Riyadh region, distributed among the Al-Andalus, Al-Rayyan, Al-Naseem Al-Gharbi, Al-Fayha, Al-Suwaidi, and Al-Aziziyah neighborhoods, in addition to … Read more

Next Thursday, October 5… Makkah will host the largest real estate auction for the sale of 50,000 square meters within the central district

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Makkah Real Estate - Property Ownership

Reading time: < 1 Minute With an estimated value exceeding one billion riyals, Makkah will host next Thursday—by order of the Ministry of Justice—the largest real estate auction of its kind for land totaling approximately 50,000 square meters within the central district, which offers a unique view of both the Grand Mosque and the Jamarat Bridge. One of the plots features commercial storefronts stretching over 400 meters in length, overlooking … Read more

Amounting to 32.5%… SABB’s General Assembly Approves Acquisition of HSBC’s Stake in SABB Takaful

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

Reading time: < 1 Minute  The Ordinary General Assembly of the Saudi British Bank (SABB), held last week at the bank’s headquarters in Riyadh, approved the Board of Directors“ recommendation to acquire HSBC’s entire 32.5% stake in SABB Takaful. In this context, Khalid Al-Olayan, Chairman of SABB’s Board of Directors, explained that the bank is moving toward expanding its business and maximizing returns for its shareholders, which … Read more

“Samba Finance” offers the “Beit Al-Khair Real Estate Financing” program with flexible and attractive repayment terms

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Real estate loans

Reading time: < 1 MinuteAs a Gold Sponsor, Samba Financial Group participated in the Restatex Cityscape Riyadh exhibition, which concluded earlier this week, and showcased the “Bayt Al-Khair Real Estate Financing” program, which is Sharia-compliant and designed to provide affordable solutions for customers seeking financing to purchase a ready-to-move-in villa, a ready-to-move-in apartment, a residential building, or a home under construction (unfinished), or … Read more

Al Rajhi Bank wins mobile banking and social media awards

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Al Rajhi Bank Completes Sukuk Offering

Reading time: < 1 MinuteAl Rajhi Bank was awarded the “Best Mobile Banking App” and ”Best Customer-Focused Social Media Team” awards for 2017 in the Kingdom. The award, presented by International Finance Magazine (IFM), is part of the magazine’s initiative to celebrate and recognize the excellence of companies in the financial sector that make significant contributions to raising standards and adding value and distinction to the sector. In its official announcement, the magazine stated … Read more

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