Month: May 2018

The Real Estate Fund launches the Twitter account of the Beneficiary Care Center

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Reading time: < 1 MinuteThe Real Estate Development Fund launched its Beneficiary Care account (@RedfKsaCC) on Twitter to receive beneficiaries“ inquiries and questions around the clock; since its launch, it has gained more than 4,000 followers. Hamoud Al-Osaimi, the official spokesperson for the Real Estate Development Fund, explained that the launch of the Beneficiary Care account is part of the Fund’s development and improvement plans to serve its beneficiaries 24 hours a day, noting the continued interest from citizens … Read more

Ellington Real Estate Development Begins Handing Over Homes at the “Somerset Muse” Complex”

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Reading time: < 1 MinuteThe real estate development company “Elington” has begun handing over homes in the “Somerset Mews” complex in the Jumeirah Village district of Dubai. The complex features 17 four-bedroom townhouses, each with private balconies. The complex is located near various parks, as well as a new shopping center and numerous restaurants and retail outlets, such as pharmacies and supermarkets like “Spinneys,” ”Shuetrams,” and ”Blue Mart.”.

Makkah Economic Forum kicks off under the title “From Vision to Achievement...Invest in Makkah”  

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Reading time: < 1 MinuteWith the participation of 60 prominent local, regional, and international speakers and experts, the first edition of the Makkah Region Economic Forum kicks off today under the title “From Vision to Achievement… Invest in Makkah,” under the patronage of His Royal Highness Prince Khalid Al-Faisal, Advisor to the Custodian of the Two Holy Mosques and Governor of the Makkah Region, and in the presence of His Royal Highness Prince Abdullah bin Bandar bin Abdulaziz, Deputy Governor of the Makkah Region… Read more

Franchise Attraction Exhibition kicks off in Sharqiya on Wednesday

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Franchise Market

Reading time: < 1 MinuteThe Dhahran International Exhibition Center (“Dhahran Expo”) in Al-Khobar Governorate will host the “Franchise” business franchise exhibition the day after tomorrow, Wednesday, The exhibition aims to open the door for investors and young entrepreneurs to access local and global opportunities, exchange expertise with companies specializing in franchising, showcase investment opportunities available in the Eastern Province, and meet with international companies to benefit from their expertise and experience… Read more

Ministry of Labor: 11416 establishments committed to Saudization in the tourist accommodation sector; 2210 violations seized

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Riyadh - Real Estate in Riyadh - Trade Names System

Reading time: < 1 Minute  The Ministry of Labor and Social Development, in collaboration with a number of government agencies, conducted 13,470 inspection visits in the tourist accommodation sector (hotels and furnished residential units) in various regions of the Kingdom, with the aim of verifying compliance with the Saudization of jobs in the sector that are restricted to Saudis. The Ministry’s official spokesperson, Khalid Abaalkheil, confirmed that the recently conducted inspection tours resulted in 11,416 establishments complying with the requirements, … Read more

The Ministry of Justice Completes the Digitization of 1.3 Million Paper Documents to Preserve Real Estate Assets

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Notaries - Sale of Real Estate

Reading time: < 1 MinuteThe Ministry of Justice announced that it has updated 1.3 million paper deeds and converted them into electronic deeds certified by the Kingdom’s First Notary Offices, The Ministry has adopted a pioneering digital program for real estate asset management, whereby the update process involves entering the deed’s information into the electronic system after it has been reviewed and verified for compliance with legal and regulatory procedures, so that the deed is ready upon request for title transfer, which takes place within 10 minutes … Read more

«Tamkeen Real Estate Investment and Development plans to produce 3196 homes from the Saudi Homes Initiative It aims to adopt the initiative through the Kingdom's housing policy

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Reading time: < 1 MinuteEngineer Hamid bin Hamri, CEO of Tamkeen Investment and Real Estate Development Company and Chairman of the Real Estate and Urban Development Committee at the Eastern Province Chamber of Commerce, explained that the «Saudi Homes» initiative launched by Tamkeen is focused on building homes and residential units using local materials and 100% Saudi expertise, noting that the company successfully launched the initiative and completed the first Saudi home in just 70 days by relying on … Read more

Targets infrastructure and attracts investment. The Council of Economic Affairs launches the Quality of Life 2020 program

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Quality of Life -- Municipal Services

Reading time: < 1 MinuteThe Council of Economic and Development Affairs launched the “Quality of Life 2020 Program,” which is one of the programs designed to achieve Saudi Arabia’s Vision 2030, as approved by the Council of Ministers. The “Quality of Life 2020 Program” complements the previously launched executive programs aimed at supporting the achievement of the pillars of Vision 2030 and strengthening the Kingdom’s pillars of strength. The implementation plan for the Quality of Life 2020 Program reflects the vision of the government of the Custodian of the Two Holy Mosques … Read more

The Real Estate Fund Denies That Any Judgments Have Been Issued Against It in Jeddah, Medina, or Dammam

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Reading time: < 1 MinuteHamoud Al-Osaimi, Director of Public Relations and Official Spokesperson for the Real Estate Development Fund, denied that the Fund had received any final, enforceable, and definitive judgments against it in Jeddah, Medina, or Dammam. Al-Osaimi called on the media to obtain news from reliable sources and through the Fund’s official channels, and he emphasized that serving citizens is the Fund’s top priority … Read more

Abdulaziz Al-Issa writes: Your success factors are hidden. Do not declare them.

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333 Abdulaziz Alissa - Riyadh Chamber - E-commerce - Real Estate Market

Reading time: 2 MinutesA professional real estate agent must always understand the desires of prospective buyers in order to succeed, while narrowing down the range of preferences to gain a deep understanding of the client and close the sale quickly. Not everyone’s preferences are the same, and economists have not overlooked this point, which must be understood when marketing. In microeconomics, a consumer’s preferences among alternatives are referred to as the “indifference curve,” which is the point… Read more

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