Month: June 2018

Taif Municipality stops encroachments on government lands with an area of more than 40 thousand square meters

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Reading time: < 1 MinuteThe Taif Municipality, represented by the New Taif Sub-Municipality (Sub-Municipal Services Agency), has reclaimed more than 40,000 square meters of government-owned land within the jurisdiction of the New Taif Municipality that had been encroached upon in the northeastern part of the province. The reclaimed land included residential units, unauthorized shelters, concrete block walls, and courtyards, without the encroachers possessing any legal documentation. The Secretariat’s machinery, supported by security forces, began… Read more

Samba Financial Group donates 100 fully furnished villas to needy and deserving families in Saudi Arabia

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Reading time: < 1 MinuteSamba Financial Group has handed over 100 fully furnished residential villas to low-income, eligible families in the Kingdom; as part of a community initiative that is the first and largest of its kind in the private and banking sectors in the field of charitable housing, aiming to provide 500 fully furnished housing units to needy families in the Kingdom. The keys to the villas, which are intended to house 1,200 citizens, were distributed during a ceremony… Read more

125 billion riyals worth of housing loans issued by banks to individuals by the end of the first quarter of this year

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Reading time: < 1 MinuteMortgage loans issued by banks to individuals exceeded 125 billion riyals by the end of the first quarter of this year, Dr. Ahmed Al-Khalifi, Governor of the Saudi Arabian Monetary Authority (SAMA), explained this, highlighting the role of Saudi banks in the housing and urban development sector, and noting that they have become a major contributor and active partner in driving development forward. This came on the sidelines of a ceremony … Read more

Saudi British Bank conducts traffic awareness courses for female employees as the decision to allow women to drive is imminent

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Reading time: < 1 MinuteThe Saudi British Bank (SABB) held an awareness session and workshop for its female employees titled “Road Safety and Injury Prevention,” in collaboration with the Ministry of Health and the General Directorate of Traffic. This session coincides with the imminent implementation of the royal decree allowing women to drive. This awareness initiative is one of the programs SABB offers to support partnership and cooperation between … Read more

Tamkeen is introducing new value-added e-services for clients of the Riyadh Chamber of Commerce

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Reading time: 2 MinutesTamkeen Technologies has signed a joint cooperation agreement with the Riyadh Chamber of Commerce aimed at enhancing the range of e-services the Chamber provides to its clients across various sectors to meet their expectations, and in an effort to develop the business environment in a way that serves the national economy and establishes Riyadh as a business hub by 2020. The agreement was signed by Tamkeen Technologies CEO Dr. Mohammed bin Faisal Al-Shebi, and on behalf of … Read more

Real Estate Fund: Military Housing Support Initiative to be officially launched in the third quarter of this year

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Reading time: < 1 MinuteThe Real Estate Development Fund, via its “Beneficiary Care” Twitter account,  members of the military sector who are on the Fund’s lists to register their information, in order to benefit from the housing support initiative for military personnel that will be officially launched during the third quarter of this year, This came in response to inquiries from some citizens regarding the launch date of the housing support initiative for military personnel. The General Supervisor of the Fund … Read more

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