Month: September 2018

The Riyadh Chamber of Commerce is offering 1,356 job openings at 14 private-sector companies at a job fair for social security beneficiaries

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real estate

Reading time: < 1 MinuteWith the participation of 14 private-sector companies, the Riyadh Chamber of Commerce and Industry—represented by its Human Resources and Labor Market Committee—in cooperation with the Ministry of Labor and Social Development, represented by the Social Security Agency (the Employment Fair for Social Security Agency Beneficiaries). Sunday, 27 Muharram of this year, corresponding to October 7, has been set aside for interviews with women, while interviews with men will take place on Tuesday, 9 … Read more

Agreement to train and qualify accredited assessors according to international standardized standards

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Saudi Residents Authority - 200 Training Courses

Reading time: < 1 MinuteThe Saudi Authority for Certified Valuers, in agreement with the Royal Institute of Chartered Surveyors  (RICS), to work toward qualifying and supporting practitioners in the profession in accordance with a system of unified international standards supported by training, development, regulation, and professional qualification. The memorandum signed by both parties aims to raise professional standards by drawing on international experience, thereby achieving greater international visibility for the Authority’s members, as well as … Read more

Launching the service of merging real estate units into one title deed

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real estate-jeddah-170x113-min (1)

Reading time: < 1 MinuteIn response to the wishes of many property owners, the Real Estate Unit Classification Program has launched a real estate unit consolidation service, which allows two or more separate real estate units to be combined into a single unit. This is done by automatically generating an electronic consolidation report, which enables the issuance of a unified title deed. The real estate unit consolidation service is one of the factors that determine market needs, as the increase in … Read more

Global Real Estate... U.S. Home Sales Rise to 629,000 Units Last Month

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Reading time: < 1 MinuteU.S. new home sales rebounded in August after two consecutive months of decline, but the underlying trend continues to point to weakness in the housing market amid rising mortgage rates and higher home prices. The U.S. Department of Commerce said new home sales rose by about 3.5% on a seasonally adjusted annualized basis to 629,000 units per month … Read more

Described as the “Riviera of the Middle East”. The Public Investment Fund unveils Amaala as a destination for medical and wellness tourism

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Reading time: 2 MinutesThe Public Investment Fund yesterday unveiled the general outline of the “Amala” project, an ultra-luxury tourist destination on the Red Sea coast, which has been dubbed the “Riviera of the Middle East” due to its natural extension of the mild Mediterranean climate.  The project aims to establish an entirely new concept of luxury tourism centered on wellness, health, and therapy. The Public Investment Fund will provide the initial financing and oversee the development of the project, so that it becomes … Read more

Real estate market indicators are rebounding. The value of real estate transactions rose to 2.1 billion by the end of last week

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Rental Properties - Real Estate - Real Estate - Real Estate Funds - Rental - Licensing -... Real Estate Deals - Real Estate Exchange

Reading time: < 1 MinuteThe value of real estate transactions rose significantly by the end of the week, reaching 2.1 billion riyals, compared to 1.897 billion riyals during the same period the previous week—an increase of 6.5%. The increase was driven by an 8.9% rise in the value of residential sector transactions, which reached just under 1.699 billion riyals, compared to the previous level of … Read more

Careem acquires and integrates Commute to leverage Indian technology in Saudi Arabia

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Reading time: < 1 MinuteFor an undisclosed amount, Careem acquired «Commute,» an app specializing in public transportation services and headquartered in Hyderabad, India, The deal gives Careem access to Commute’s high-quality talent and technology, which will be fully integrated into Careem, accelerating the company’s expansion into public transportation by adding bus services in more … Read more

«Amlak examines investment opportunities in the Gulf and holds strategic partnerships with Saudi businessmen in Dubai

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Reading time: < 1 MinuteThe Amlak newspaper has finalized its preparations to host a business networking event on Friday, October 5, in Dubai, in honor of a group from the Success Partners Forum, The event, which will take place over lunch following the conclusion of the Cityscape real estate exhibition in Dubai at the V5 Hotel on Palm Jumeirah, aims to discuss, examine, and review investment opportunities in the Gulf Cooperation Council (GCC) countries, as well as to forge alliances… Read more

“Monsha'at and Riyadh Chamber organize the Franchise Forum today

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real estate

Reading time: < 1 MinuteThe General Authority for Small and Medium Enterprises (Monsha'at), in collaboration with the Riyadh Chamber of Commerce, is organizing the Franchise Forum, which begins today, Wednesday, September 26, and will run for two days at the Chamber’s headquarters. The forum aims to enhance the Kingdom’s international standing and place it on the global franchising map, as well as to encourage Saudi brands capable of manufacturing domestic products to expand at the … Read more

Saudi real estate company “Al-Aqaria” grants Diamond-Level Sponsorship to the International Housing and Cooperative Housing Forum

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Reading time: < 1 MinuteAs a Diamond Sponsor, the Saudi real estate company “Al-Aqaria” is participating in the International Housing and Cooperative Housing Forum organized by the Riyadh Cooperative Housing Association and the accompanying exhibition, under the patronage of His Royal Highness Prince Faisal bin Bandar bin Abdulaziz Al Saud — Governor of the Riyadh Region — and with the support and strategic partnership of the Ministry of Labor and Social Development, the Ministry of Housing, and the Council of Cooperative Societies. The forum’s events will kick off during … Read more

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