“DLD successfully participates in the French MIPIM exhibition and showcases the features of real estate investment

Reading time: 2 MinutesThe Dubai Land Department successfully concluded its participation in “MIPIM,” the world’s leading real estate exhibition, where it held several productive meetings with the exhibition’s organizers to discuss avenues for cooperation and the Department’s participation in future editions. The exhibition provided an excellent opportunity for the department’s delegation to hold additional meetings with investors from major companies interested in the Dubai real estate market. During its participation in the exhibition, which … Read more

Real Estate Contributions Reveals 5 Real Estate Contributions Outside Its Jurisdiction

Real estate contributions

Reading time: < 1 MinuteMr. Saad Al-Masoud, the official spokesperson for the Real Estate Contributions Committee, identified the contributions that fall outside the committee’s jurisdiction and were made prior to August 22,1426 AH, and the reasons why they fall outside the committee’s jurisdiction, so that each contribution can be tracked by the appropriate authority. The contributions that fall outside the committee’s jurisdiction are as follows: Eid contribution:                                                        This contribution falls outside the committee’s jurisdiction and is currently being heard by the General Court in Dammam, based on a circular issued by His Excellency the Minister … Read more

Al Ahli Bank signs an agreement to launch a smart POS service targeting SMEs

National Bank

Reading time: < 1 MinuteAl-Ahli Bank announced the signing of the Kingdom’s first-of-its-kind partnership in the field of financial technology (FinTech) with SumUp to launch a smart point-of-sale service targeting small and medium-sized enterprises in a more efficient and cost-effective manner. The agreement was signed at Al-Ahli Bank’s headquarters in Jeddah between Al-Ahli Bank’s CEO, Mr. Saeed Al-Ghamdi, and the co-founder … Read more

Retrofit Tech Summit and Awards Dubai's investment in modernization exceeds $8 billion

Reading time: 2 MinutesThe ’Retrofit Tech Dubai‘ Summit and Awards returns for its fourth edition this year to highlight the topic of building and facility retrofitting and modernization and its positive impact on reducing energy consumption in Dubai. This pioneering event will take place on April 10 and 11 at the ’Rawda Al Bustan‘ Hotel in Dubai to showcase the latest innovations and technologies in the field of building and facility retrofitting, which have enabled savings of … Read more

Al Zahia Complex awards Sharjah Holding with the Outstanding Real Estate Developer Award for Residential Communities

Reading time: 2 Minutes  Sharjah Holding, which represents a strategic partnership between “Majid Al Futtaim Real Estate” and Sharjah Asset Management, was awarded first place in the category of “Outstanding Real Estate Developers in Residential Communities,” organized and supervised by the Sharjah Real Estate Registration Department, for the Al Zahia project, the ideal complex for a distinctive lifestyle in Sharjah. Waleed Al Hashimi, CEO of Sharjah Holding, said: “This came … Read more

The value of real estate transactions in the first half rises to 115 billion riyals. Last month's real estate deals declined

Real Estate Prices - Real Estate

Reading time: 2 MinutesThe value of real estate transactions in the first half of the Hijri year rose to 115 billion riyals, compared to 113 riyals in the same period last year (1438 AH), representing an increase of 2%. The value of transactions declined in Jumada al-Akhira, and data from the Ministry of Justice showed that real estate sales in the month of Jumada al-Akhira fell by 38 % to reach 1.12 billion … Read more

The Capital Market Authority Announces Its Approval for the Offering, Registration, and Listing of Units of the “MEFK REIT Fund”

Real estate projects

Reading time: < 1 MinuteThe Capital Market Authority announced the issuance of its decision approving the request by “Middle East Financial Investment Company” to offer, register, and list units of the “MEFIC REIT Fund” on the market as publicly offered, tradable real estate investment trust units. The Authority stated in a press release that the terms and conditions of the “MIFAC REIT” are available on the fund manager’s website and on its own website, which … Read more

Dubai Land Department awarded the International Standard Certificate for Business Continuity Management System

Reading time: 2 MinutesThe Dubai Land Department and its affiliated entities announced that they have obtained the International Standard for Business Continuity Management Systems (ISO 22301:2012) certification. The announcement was made during the recent closing session of the external audit, after the department successfully completed all stages of the technical evaluation and audit required for the certification. His Excellency Sultan Butti bin Majran, Director General of the Department … Read more

The Supreme Real Estate Authority Launches Its Website and Twitter Account and Presents Its 2018 Programs

Reading time: < 1 MinuteThe General Real Estate Authority launched its website (www.rega.gov.sa),  as well as its official Twitter account (@REGA_KSA), to serve as a platform for engaging with those interested in the real estate sector, during his chairing of the Authority’s second Board of Directors meeting. This took place during a meeting of the Authority’s Board of Directors chaired by His Excellency Majid bin Abdullah Al-Hogail, Minister of Housing and Chairman of the Board of Directors of the General Real Estate Authority. The agenda included … Read more

The Amlak team is sponsoring the event… Cityscape Egypt kicks off tomorrow, Wednesday… and more than 70 exhibitors are set to welcome real estate professionals

Reading time: < 1 MinuteThe Amlak team has completed its preparations to participate in the ”Cityscape Egypt 208” exhibition, which will kick off tomorrow, Wednesday, March 28, at its new venue—the Egypt International Exhibition Center on Al-Mushir Tantawi Axis in New Cairo—with events continuing through the 31st of the same month. The exhibition, which is eagerly anticipated by the real estate community, features more than 70 exhibitors and companies across an area of 20,000 square meters, and it is likely … Read more