Month: December 2017

With the participation of Amlak Real Estate Newspaper “Dar Al Arkan launches its first tower in Dubai at a cost of AED 800 million

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Reading time: < 1 Minute With an investment of 800 million dirhams, Dar Al Arkan Real Estate Development has launched its new project, “I Love Florence,” on the Dubai Water Canal in the Business Bay area, marking its first real estate project in the city of Dubai. The company said in a statement that it chose Dubai as a launchpad for its global business and activities, noting that it has partnered with the luxury brand “Roberto Cavalli” to design … Read more

Custodian of the Two Holy Mosques stimulates the private sector with 72 billion riyals to support 13 initiatives including housing loans and construction technology

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Reading time: 2 MinutesThe Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud—may God protect him – a royal decree approving the stimulation of the private sector and allocating a total of 72 billion riyals to implement the private sector stimulus plan, based on a proposal submitted by His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, Deputy Prime Minister, and Chairman of the Council of Affairs … Read more

Majid Al-Hogail praises the Custodian of the Two Holy Mosques’ speech and commends the leadership’s support for housing and its prioritization among service sectors

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Accreditation of the Saudi Housing Guarantee Company

Reading time: 2 MinutesThe speech delivered by the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz, before the Shura Council has presented the Ministry of Housing with a major challenge. This is particularly true as the Ministry is moving swiftly to provide housing solutions for citizens across various regions, having completed a number of programs, regulations, and legislative measures in 2017, including the “Sakani,” which aims to allocate 280,000 housing units … Read more

King Salman directs the expansion of programs that touch the main needs of citizens, especially the housing program. He praises the private sector in supporting the economy

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Reading time: 3 MinutesThe Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud—may God protect him—to expand a number of programs that address the primary needs of citizens, foremost among them the housing program. He also directed—may God protect him—ministers and officials to streamline procedures and provide more high-quality services to male and female citizens. This came during his address on Wednesday at the opening of the year’s … Read more

Al Rajhi Bank Expands Its Services and Launches a Currency Exchange Machine Using Fingerprint Technology

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Reading time: < 1 Minute  Al Rajhi Bank has launched the Al Rajhi Currency ATM, which is considered the most advanced currency machine of its kind in the region in terms of capabilities, the number of currencies available, and the use of fingerprint technology to serve passing customers. This initiative is part of Al Rajhi Bank’s strategy to expand its banking services and meet customer needs. The bank has launched Al Rajhi Currency ATM, which allows customers to withdraw six different currencies from … Read more

The Saudi Housing Finance Company (Sahl) renews the sponsorship of twenty-five human orphans

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Reading time: < 1 MinuteThe Saudi Housing Finance Company (Sahl) has signed a contract to renew its sponsorship of twenty-five orphans from the (Insan). Such programs and activities are an extension of the company’s long track record of participation and engagement in various events focused on social responsibility, sustainable community development, and charitable work. For his part, Mr. Abdul-Ilah Al-Sheikh, CEO of the Saudi Housing Finance Company (Sahl), commented that the company’s participation … Read more

Jeddah will host the 2018 Facilities and Infrastructure Management Exhibition in the middle of next month

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Reading time: < 1 Minute  Jeddah is gearing up to host the 2018 Facilities and Property Management Exhibition, which will take place from January 14 to 16, 2018, at the Jeddah Convention and Events Center. The exhibition covers all aspects of facilities and real estate management, including environmental and energy management, information technology systems management, facilities, maintenance services, security, health and safety, and sustainability. The exhibition attracts a large number of product suppliers… Read more

Sponsored by Amlak Real Estate Newspaper Restatex - Cityscape Jeddah Real Estate Exhibition kicks off on February 9

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Reading time: < 1 Minute  Under the patronage of His Excellency the Minister of Housing, Mr. Majid bin Abdullah Al-Hogail, the Jeddah Governorate will host the Restatex – Cityscape Jeddah real estate exhibition, following the official alliance between the two leading brands in real estate exhibitions in Saudi Arabia and the Arab Gulf states. The exhibition, which is sponsored by the real estate newspaper Amlak with specialized sponsorship, will showcase… Read more

Ministry of Housing invites beneficiaries to visit its exhibition in Jeddah and offers 1952 housing units in the off-plan sales program

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Reading time: < 1 Minute As part of its partnership with the private sector, the Ministry of Housing has launched the reservation process for the “Al-Tahlia Gate” in Jeddah Governorate, as part of the off-plan sales program, offering 1,952 apartment units of various sizes with prices starting at 373,750 riyals. The Ministry announced that the exhibition is open to beneficiaries of the housing support program to begin reservation procedures, emphasizing its commitment to … Read more

The Eastern Province Chamber of Commerce and Industry will launch the Jubail Investment Forum on December 17... with the Royal Commission serving as a strategic partner

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Reading time: < 1 Minute  In a strategic partnership with the Royal Commission in Jubail, the Eastern Province Chamber of Commerce is organizing the “Jubail Investment Forum,” under the patronage of His Royal Highness Prince Saud bin Nayef, Governor of the Eastern Province, on December 17 and 18 at the King Abdullah Cultural Center in Jubail Industrial City. Abdulrahman Al-Ateishan, Chairman of the Chamber’s Board of Directors, confirmed the participation of major international and national companies and several entities … Read more

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