Month: October 2017

Saudi Construction Expo 2017 kicks off this evening, with major companies participating in the construction sector

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Saudi Construction Exhibition

Reading time: 2 MinutesThis evening, Monday, October 23, the 29th edition of Saudi Build 2017, the largest trade show in the Kingdom of Saudi Arabia specializing in the building, construction, and engineering sectors, will kick off at the Riyadh International Convention and Exhibition Center. As is customary every year, the event offers attendees the opportunity to explore the latest global advancements in the construction sector, including innovations in technology and equipment… Read more

Dubai’s Energy Efficiency Program “Taqati” Announces the Successful Pilot Launch of Its Home Energy Efficiency Tips Program

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Reading time: 2 MinutesThe Dubai Energy Efficiency Program, “Taqati,” announced the successful completion of the pilot launch phase of its home energy efficiency tips program. The pilot phase of the program targeted 60 homes in Dubai as part of the “Our Ideal Home” initiative launched by the Dubai Electricity and Water Authority (DEWA). The program supports DEWA’s efforts to achieve the goals of the Smart Dubai Initiative, launched by His Highness Sheikh Mohammed bin Rashid … Read more

The Capital Market Authority Approves Updated Mergers and Acquisitions Regulations and a Glossary of Terms for the Authority’s Regulations

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Electronic platform

Reading time: < 1 Minute  The Capital Market Authority has approved the updated Mergers and Acquisitions Regulations and the Glossary of Terms Used in the Capital Market Authority’s Regulations and Rules, as amended, to take effect as of the date of their publication, in continuation of the Authority’s role in regulating and developing the capital market, and in an effort to create a more stable financial market environment, in line with the National Transformation Program and the Kingdom of Saudi Arabia’s Vision 2030, and pursuant to the Law … Read more

Linking Lease Agreements Through “Absher”… 30% Real Estate Brokers Register with the “Ijar” Program

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Rent

Reading time: 2 Minutes The Ministry of Housing revealed that 30% real estate brokers have registered for the “Ijar” program since registration opened in February of this year, A large number of them have completed the program, while others are in the process of finishing their training through the network. It should be noted that the network currently covers only residential rentals, as there are agencies that specialize in … Read more

The Ministry of Housing awards 34 projects to 24 developers to build 70,000 housing units... and foreign companies secure 70%

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Reading time: < 1 MinuteThe Ministry of Housing revealed that 70% of its projects over the past six months were acquired by foreign development companies through partnerships and alliances with local developers, out of a total of 34 projects distributed among 24 real estate developers to build 70,000 housing units. The ministry explained that these international companies are Spanish, Chinese, and American, noting that these partnerships contribute … Read more

Nearly $6 billion in construction contracts awarded to revitalize Dubai's real estate market, and contractors are gearing up

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Reading time: < 1 MinuteThe “MEED Projects” regional project tracking index revealed that the Emirate of Dubai will see the awarding of construction contracts worth approximately $6 billion, The latest report from MEED magazine explained that the value of projects scheduled for awarding will increase significantly once Emaar Properties awards the contract to build the shopping mall at the Dubai Creek Harbor development project. «MEED» had reported in late July that the real estate developer intends to … Read more

The Ministry of Housing’s online platform offers high-quality, integrated services to enhance competitiveness

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Reading time: < 1 MinuteThe CEO of the National Housing Services Company, Engineer Muhammad bin Muammar, said that the Ministry of Housing is committed to developing the facilities management sector to promote the principle of sustainability in buildings and facilities, noting the Ministry’s launch of a dedicated facilities management platform, and the steps it is taking in this regard through its various initiatives within the Owners’ Association, which will focus on localizing and training young people and creating numerous opportunities … Read more

87 thousand women's business registrations in the Kingdom until the end of 1438 AH

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Reading time: < 1 MinuteAs of the end of 1438 AH, the total number of commercial registrations under the names of businesswomen stood at 87,575.This was revealed by the Ministry of Commerce and Investment. Businesswomen in Riyadh, Jeddah, Makkah, Madinah, and Taif accounted for the highest percentage of commercial registrations granted to women in the Kingdom, with a total of 20,086 commercial registrations granted to women in Riyadh by the end of 1438 AH, … Read more

Amlak Real Estate Newspaper Articles Dr. Hussam Youssef writes : Managers but honorable

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Management - Intelligence - Management Science - Real Estate

Reading time: < 1 MinuteAt a well-known factory, a machine on the main production line broke down, bringing operations to a complete halt. The technician tried to repair it, but when he failed, he informed the shift supervisor, who also tried but was unsuccessful. Others tried as well, to no avail, There was no choice but to report the malfunction to the plant manager. The manager immediately left his office and headed to the production department, where he began inspecting the machine himself… Read more

1,750 Saudi men and women have registered on the Ministry of Labor’s self-employment portal… and work permits have been issued to 420 young men and women

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Reading time: < 1 MinuteThe number of Saudis registered on the Ministry of Labor’s online self-employment portal has reached 1,750 since the program’s launch, with self-employment certificates issued to approximately 420 young men and women. This was stated by Khalid Abaalkheil, the official spokesperson for the Ministry of Labor and Social Development. Earlier, Minister Dr. Ali bin Nasser Al-Ghafis had presented the first self-employment program certificates, which … Read more

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