Month: April 2018

Two-year grace period for Real Estate Fund “loan” beneficiaries will expire next Shawwal

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Real Estate Fund - Real Estate

Reading time: < 1 MinuteThe Real Estate Development Fund noted that the two-year grace period that was granted to those who were approved for the loan and did not finish their procedures will end in the next month of Shawwal of the year 1439 AH, indicating that the beneficiaries must go to the beneficiary services unit to complete the legal procedures and book an appointment, and the Fund confirmed that the beneficiary cannot extend the expired deadline, indicating that those whose deadline has expired can ... Read more

It has 80 branches for women. Riyad Bank sponsors a translation competition among Saudi university students

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Riyad Bank - Off-plan Selling - Real Estate Finance

Reading time: < 1 MinuteRiyad Bank sponsored the fifth edition of the Translation Competition among Saudi university students. This comes out of its keenness to contribute to activities related to education, youth, creativity, culture and talent. The activities of the competition, which consists of three sections, namely translation, interpreting, and the exhibition of translation centers and colleges, were held at the building of women's colleges at Prince Sultan University recently. Read more

As part of its social responsibility. Saudi Housing Finance Company “Sahl” is a silver sponsor of the Ikhwan Society Carnival

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Reading time: < 1 MinuteIn continuation of its track record of participation and presence in various events that are concerned with social responsibility and sustainable development in the community, the Saudi Housing Finance Company “Sahl” sponsored the Ikhaa Carnival held in Riyadh by the Charitable Foundation for Orphan Care “Ikhaa”, which was recently concluded under the patronage of Her Highness Princess Nouf bint Abdulrahman bin Nasser Al Saud. For his part, Mr. Abdullah Al-Sheikh commented ... Read more

Real estate fund: Three solutions to address the challenges facing the housing process

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Reading time: < 1 MinuteThe Real Estate Development Fund revealed on Sunday that there are 12,000 requests for self-build financing with banks that are currently being worked on, stressing the Fund's keenness to provide suitable financing solutions for those on the waiting lists. Khaled Al-Amoudi, General Supervisor of the Fund, listed some of the solutions and treatments that have been developed for the challenges facing the housing process, where the first payment has been reduced ... Read more

“Ministry of Commerce launches electronic discount licensing system for seasons and events

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Ministry of Industry and Investment - Shops - Licenses

Reading time: < 1 MinuteThe Ministry of Commerce and Investment has launched a new feature in the electronic discount licensing system that enables owners of centers and shops to submit applications for seasonal and pre-determined discount licenses, such as the pre-Ramadan season, the mid-year holiday season, the National Day celebration, and the ... Read more

“Bonyan REIT launches 65.15 million units. and starts subscribing

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Real estate projects

Reading time: < 1 MinuteSaudi Fransi Capital, the manager of Bunyan REIT, plans to offer 65.15 million units representing 40% of the fund's total units at a price of 10 riyals per unit, with a minimum subscription of 1000 riyals, and a target fund size of 1.63 billion riyals. The Bunyan REIT Fund announced yesterday, Sunday, the start of the subscription on its units and will continue for 15 working days ending on Thursday ... Read more

Including 7686 housing units in off-plan sales The Kingdom's regions receive 21,840 housing and financing products from the fourth Residential 2 installment

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Reading time: 2 MinutesCitizens in all regions of the Kingdom are awaiting the exact details and statements of the beneficiaries and beneficiaries of the fourth installment announced by the Ministry of Housing for April 2018, which included 21,840 housing and financing products, distributed in all regions of the Kingdom, within the targets of the program during the current year of 300,000 products, bringing the total allocated during the first four months to 83,562 housing products ... Read more

“Real Estate” and ”Housing” launch an interactive campaign to educate waiting list beneficiaries about real estate products

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Real Estate Finance - Mortgage Loan

Reading time: < 1 MinuteWith the wide participation of banks and financing entities, the Real Estate Development Fund, in cooperation with the Ministry of Housing, launched an interactive campaign in a number of commercial centers in 14 cities through special corners that will be present throughout 5 weeks, and the interactive campaign aims to educate all beneficiaries on the waiting lists about the products and solutions available for real estate financing, and the mechanisms of application, in addition to providing a service ... Read more

Investors are looking forward to the event. Minister of Housing launches Restatex Riyadh Real Estate Exhibition April 22, 2018

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Reading time: < 1 MinuteUnder the patronage of His Excellency the Minister of Housing Majid bin Abdullah Al-Hogail, the Riyadh Real Estate Exhibition will kick off on Sunday evening, April 22, 2018, and the exhibition will continue at the Riyadh International Convention and Exhibition Center until Wednesday evening, April 25, 2018, and the opening ceremony will be attended by the leaders and advisors of the Ministry of Housing and the supporting and participating government agencies and bodies, as well as the Chairman and members of the Board of Directors of the Riyadh Chamber and the heads and members of committees. Read more

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