Month: July 2018

30 energy experts discuss opportunity costs of alternative oil opportunities in Saudi Arabia

by

Reading time: < 1 MinuteThe King Abdullah Petroleum Studies and Research Center (KAPSARC) has organized an international workshop to discuss the opportunity costs of oil alternatives in Saudi Arabia. The workshop coincides with the Kingdom's strategy to increase the efficiency of renewable and conventional energy projects, enabling it to free up barrels of oil for domestic consumption. The workshop provides participants with key insights and key ideas related to concepts and models that can ... Read more

Saudi Arabia announces the end of the Integrated Review of Atomic Energy Infrastructure

by

Reading time: 2 MinutesThe work of the Integrated Review of Atomic Energy Infrastructure, which was carried out by the International Atomic Energy Agency (IAEA) delegation headed by IAEA Deputy Secretary General Duhe Han, during his visit to the Kingdom from July 15-24, 2018, concluded at the headquarters of King Abdullah City for Atomic and Renewable Energy, where he was received by the President of King Abdullah City for Atomic Energy and Renewable ... Read more

 150 million riyals in funding for tech startups incubated in the Badir program“

by

Reading time: 2 MinutesThe Badir Program for Technology Incubators and Accelerators, a program of King Abdulaziz City for Science and Technology, revealed that the incubated technology startups succeeded in raising funds worth 11.660 million riyals by the end of the second quarter of this year, through eight investment rounds and deals led by venture capital companies, individual investor networks, and private sector companies, with an increase of 7.66 %... Read more

Issuance and renewal of business licenses will be fully linked to residential lease documentation next September

by

Reading time: 2 MinutesThe Ministry of Labor and Social Development and the Ministry of Housing have announced linking the issuance or renewal of work licenses to the documentation of the residential lease contract in the “Ejar” network, as part of efforts to implement the national transformation programs by coordinating efforts and finding innovative solutions that contribute to providing a suitable environment. The link between the two entities comes in implementation of the Council of Ministers decision dated (5/16/1438H), which required ... Read more

“Aspiration Elite supports SMEs with 10 training programs

by
installations

Reading time: < 1 MinuteThe General Authority for Small and Medium Enterprises (Monshaat) has launched the “Elite Ambition” program, in partnership with Elite SBA, a subsidiary of the London Stock Exchange Group, to develop and support fast-growing enterprises that are eligible for listing on the financial markets. The program supports SMEs through 10 key aspects, including... Read more

200 promotional and entertainment events at Riyadh Shopping Festival 2018

by

Reading time: 2 MinutesThis year's Riyadh Shopping and Entertainment Festival, organized by the Riyadh Chamber of Commerce, is packed with more than 200 entertainment and promotional activities in more than 11 shopping malls in the city of Riyadh. For the first time this year, the festival is sponsored by three governmental bodies, namely: The General Sports Authority (GSA), which is offering events for the first time. Read more

“Wafi allows online sales of ”under construction“ projects of the ”Residential“ program”

by

Reading time: < 1 MinuteThe off-plan sales and leasing program “Wafi” has launched the service of issuing off-plan sales licenses electronically for the projects of the “Residential” program of the Ministry of Housing, in cooperation with its strategic partner “Thiqa Business Services”. This license is an extension of other e-services previously launched, such as the off-plan sales license issuance service, which was launched to enable real estate developers to sell real estate units ... Read more

GaStat releases the real estate price index for the second quarter of 2018

by
Hotel rooms

Reading time: < 1 MinuteThe General Authority for Statistics (GAS) released the Saudi Real Estate Price Index (RPI) report for the second quarter 2018 on its official website www.stats.gov.sa. The general real estate price index recorded a decrease of 0.7% compared to the previous quarter (Q1 2018), as the general real estate price index in the Kingdom reached (6.83) in Q2 2018 compared to (2.84) ... Read more

King Abdullah Economic City builds warehouse and logistics center in Industrial Valley

by

Reading time: < 1 MinuteKing Abdullah Economic City (KAEC) recently signed a contract with AISG KSA to lease a 50,000 square meter plot of land in Industrial Valley to build and operate a state-of-the-art warehousing and logistics center. The project is scheduled to commence operations within the next six months and will provide a variety of high-quality services to customers such as containerization, ... Read more

“Housing”: 80% of the Sunset Hills project in Jeddah is fully booked

by
Residential platform

Reading time: 2 MinutesThe Ministry of Housing announced the completion of the reservation of 5203 housing units in the Sunset Hills project in Jeddah, representing more than 80% of the total housing units in the project, confirming that the final contracts of the beneficiaries have been signed in preparation for the start of implementation of the project. The ministry said in a press release that the launch of five phases of the ... Read more

© 2025 Amlak Real Estate Newspaper | All rights reserved.