The fifth auction to liquidate the estate of Sheikh Saleh Al Rajhi continues its success and sells 7 properties with a total value exceeding 194.5 million riyals

Reading time: < 1 Minute  With a total sales value exceeding SAR 194.5 million, seven properties were sold yesterday through the fifth auction organized by the Estate Liquidation Board of Saleh bin Abdulaziz Al-Rajhi in cooperation with Itqan Real Estate Company at the Intercontinental Hotel in Riyadh. The auction witnessed competition among businessmen and the following were sold: Building 79 - Ministries Neighborhood: It is a commercial residential building that contains ... Read more

Number of Russian facilities rises to 23 Russian delegation visits Saudi Arabia, boosts investments between the two countries

Reading time: < 1 Minute With the growing Saudi-Russian relations, by December 2017, the number of establishments increased to 23 with a total capital exceeding 104.6 million Saudi riyals, where most Russian investments are concentrated in the industrial sector, where the volume of investment in this sector reached 70 million Saudi riyals, equivalent to 67% of the total Russian investments, and during 2017, two licenses were granted ... Read more

Real Estate Fund outlines rules for transferring subsidized financing to first-degree relatives

Reading time: 2 MinutesThe Real Estate Development Fund has set a number of controls for the transfer of subsidized financing to one of their first-degree relatives, and the Fund defined the first-degree relatives as (father - mother - one of the sons - one of the daughters - one of the brothers - one of the sisters), according to the controls followed by the Fund for the waiver. In this regard, the media advisor of the Real Estate Development Fund, Turki Al-Dahmash, explained that ... Read more

Real estate and businessmen compete this afternoon for 11 properties in the fifth auction to liquidate Al Rajhi's estate

Reading time: < 1 MinuteWith direct coverage from Amlak newspaper, the auctions of the estate of Sheikh Saleh Al-Rajhi - may God have mercy on him - will resume this afternoon, Saturday, December 9, as the Estate Liquidation Board, in cooperation with Atqan Real Estate Company, announced the fifth auction in Riyadh at the Intercontinental Hotel, and it contains 11 properties in a total area exceeding 145 thousand square meters, consisting of residential and commercial complexes, ... Read more

Antalya, Turkey's most beautiful coastal city with luxurious resorts, is a favorite destination for tourism, recreation and leisure

Reading time: 1 MinuteThe city of Antalya is one of the most beautiful Turkish cities, and the city is famous for many cultures, and it has the requirements of living and luxury, as it leads the tourist cities in Turkey, as it is one of the rare places where the visitor can swim in the sea, especially in the city center, and what distinguishes Antalya city center is also adorned with old and archaeological houses and restaurants and its ancient streets. The city of the coast and luxury resorts is categorized ... Read more

-Saudi Council of Engineers signs MoU with International Project Management Organization (IPMO) to improve organizational professionalism

Reading time: < 1 Minute  Within the framework of supporting and strengthening its strategic partnerships, the Saudi Council of Engineers (SCE) signed a Memorandum of Understanding (MoU) with International Project Management Offices (IPMO), on the sidelines of the International Engineering Conference and Exhibition in Riyadh, to promote and strengthen working relations between the two sides and benefit from mutual experiences, studies and research to improve institutional professional work. Dr. Jamil Al-Baqaawi, Chairman of the Board of Directors of the Authority, stressed ... Read more

Ministry of Housing announces start of distribution of 593 villas in Al-Qunfudhah Housing

Reading time: < 1 Minute  The Ministry of Housing has announced the start of the distribution of the 593 villas of Al-Qunfudhah Housing Villas to eligible citizens at its office at the Al-Qunfudhah housing site at the entrance of Al-Qunfudhah on the Jeddah-Qunfudhah-Jazan highway. The Al-Qunfudhah housing project, located on the Jeddah-Qunfudhah-Jazan highway, has an area of 700,000 m2, and the project has all services such as water, electricity, sewage networks, and ... Read more

Ministry of Housing: Launches a smart application to search for real estate establishments registered with Ejar that includes laws and regulations related to the sector

Rent

Reading time: < 1 MinuteThe Ministry of Housing, represented by the «Ejar» initiative, announced the launch of an electronic application that aims to facilitate the search process for real estate establishments registered with Ejar, through which you can view the latest developments in the real estate rental sector, as well as the laws and regulations related to this sector. Ejar's field team visited real estate brokerage establishments in Riyadh as a first phase, with the aim of ... Read more

The Ministry of Housing emphasizes the integration of infrastructure and service facilities in its projects. Preview fairs to be held in all regions

Mortgage - Real Estate Finance

Reading time: < 1 Minute  The ministry confirmed that all its projects have integrated infrastructure and the availability of sites for service facilities, and the ministry's spokesman Saif Al-Suwailem explained that the designs of the units and their areas have taken into account the diversity to suit the various desires of citizens, indicating that their prices range between 250 thousand and 700 thousand riyals, and that the booking and inspection exhibitions have been allocated to all regions of the Kingdom, indicating that they have been ... Read more

Saudi Contractors Authority launches contractor search program in early January 2018

Saudi Contractors Authority

Reading time: < 1 MinuteThe Saudi Contractors Authority has completed its preparations for the launch of the contractor search program in early January 2018, and in this regard, the Secretary General of the Saudi Contractors Authority, Thabet Al-Suwaid, explained that the program works as a search platform for contractors in each region with mentioning the classification of their field of work and defining the scope of work, and will later add them to mention their executed works, evaluation services and their classifications, through ... Read more