Month: September 2018

Stars of Peace chooses Basma to market its commercial projects

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Reading time: < 1 MinuteNujoom Al-Salam Holding Company and Basma Real Estate Management Company have signed a partnership agreement under which Basma will market Nujoom Al-Salam’s commercial projects and optimize investment in them throughout the Kingdom with specialized professional expertise. The agreement was signed by Abdullah bin Jarallah Al-Adib, CEO of “Nujum Al-Salam,” and Abdullah Al-Alwan, CEO of “Basma,” … Read more

Ejada Asset Management Group wins more than 200 million in contracts and showcases its technology at FM Expo  

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Reading time: 2 Minutes“Ejada” Asset Management Group, the leading provider of integrated complex solutions in the Middle East, announced that it has secured contracts worth over 200 million dirhams this year. During its participation in the FM EXPO 2018 facilities management exhibition, the group showcased its services and its effective contribution to advancing the facilities management, real estate asset management, and security services sectors, while highlighting modern applications and cutting-edge technologies … Read more

Real estate developers show interest in blockchain at this year's edition of Cityscape Global

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Reading time: < 1 MinuteAzizi Development and Imkan Real Estate topped the list of major supporters in the real estate sector who highlighted Dubai’s blockchain strategy as a revolutionary initiative, just as the countdown began for the launch of Cityscape Globe, which kicks off on October 2, emphasizing the significant role the technology will play in driving the real estate sector forward. … Read more

Abdullah Mohammed Al-Ghamdi writes: Post-lease services ensure tenants stay longer

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Reading time: 2 MinutesLike other essential services and commodities, real estate prices attract significant attention from analysts and real estate experts, despite their differing viewpoints, and this is accompanied by widespread debate within the sector and in private forums. For example, when real estate prices decline, we find a group of analysts rejoicing and shedding tears of joy—not because the commodity has become more affordable and accessible to consumers, but because of the significant losses that will ensue… Read more

Dr. Koksou, Advisor to the Investment Office of the Republic of Turkey, Congratulates the Kingdom on its National Day and Highlights Its Role and Achievements

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Reading time: < 1 MinuteDr. Mustafa Koksu, Senior Advisor to the Investment Office of the Presidency of the Republic, extended his sincerest congratulations and best wishes to the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, His Royal Highness Crown Prince Mohammed bin Salman, and all the people of Saudi Arabia and the wise government, on the occasion of the Kingdom’s 88th National Day, corresponding to September 23, 2018. The Senior Advisor to the Investment Office of the Presidency of the Republic highlighted the importance of … Read more

Step by Step Episode No. (76) Prepared by / Majid Al-Muhaimeed

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Reading time: 2 MinutesAt the start of the finishing phase, the yard backfill is leveled, and a backfill barrier approximately 40 cm high must be erected around the perimeter of the building and along the fences in preparation for flooding the backfill with water. This procedure ensures that water does not seep under the building or under the neighbors’ fences, as water seepage has significant negative effects. After leveling the backfill and installing … Read more

“Monsha'at launches entrepreneurs” offices in King Abdullah Economic City to serve 35 male and female entrepreneurs

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Reading time: < 1 MinuteTo coincide with and celebrate National Day, the General Authority for Small and Medium Enterprises (Monsha'at) launched yesterday, the second phase of the Entrepreneur Offices in King Abdullah Economic City, to enable entrepreneurs to enter the freelance market and become a key driver of economic development in Saudi Arabia and a catalyst for achieving Vision 2030. The offices cover an area of approximately 700 square meters, designed to support business growth in small enterprises … Read more

The Custodian of the Two Holy Mosques on Twitter: We look forward to further achievements to bring about good and prosperity

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Reading time: < 1 MinuteThe Custodian of the Two Holy Mosques, King Salman bin Abdulaziz—may God protect him—affirmed the Kingdom’s aspiration for further achievements to bring about the welfare and prosperity of the nation and its people. He made these remarks in a tweet posted yesterday, Sunday, on his Twitter account on the occasion of the 88th National Day, in which he said: “Praise be to God, who has blessed our country with security, safety, and stability, and has honored us … Read more

The Medina Chamber of Commerce plans to launch initiatives and projects to boost the hospitality sector

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Reading time: < 1 MinuteThe Madinah Chamber of Commerce and Industry plans to launch a number of initiatives, including an investment map project for the Madinah region, the “Al-Manshaat” platform, and the Chamber’s “Expert” project. This was revealed by the Chamber’s Secretary-General, Eng. Abdullah Abr Al-Nasr, during the Localization and Employment Forum and Exhibition organized by the Chamber of Commerce and Industry at the Exhibition Grounds. In addition, the Secretary-General and the Director of the Social Development Bank, Ghazi Banaja, reviewed … Read more

Wafi: Approval Granted for the Off-Plan Sale of 5,278 Residential Units and the Marketing of 610 Units Under the System  

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Real Estate Marketing - Real Estate Marketing - Real Estate Projects

Reading time: < 1 MinuteThe “Wafi” Off-Plan Sales Committee announced its approval of the sale of 4,775 villas in the “City of Roses” project in Taif, owned by Imaad Development and Management Company, in accordance with the regulations. The committee also approved the sale of the “Shams Al-Diyar” project in Riyadh, owned by “Al-Diyar Arab Real Estate Development Company,” which comprises 503 residential units, including villas and townhouses. It was announced … Read more

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