Month: September 2018

Sponsored by the Minister of Transportation Supply chain and logistics conference to host 30 speakers in October

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Reading time: < 1 MinuteThe Supply Chain and Logistics Conference will host more than 30 international and local speakers during its sessions, which will take place October 15–16, 2018, at the Four Seasons Hotel in the capital, Riyadh. During the conference, a number of working papers and research studies will be presented, addressing global best practices and their application to supply chain and logistics operations, in addition to important topics in … Read more

148 thousand workers registered in the Saudi Contractors Authority ... And 4 thousand in the “Municipal and Rural” registry”

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Saudi Contractors Authority

Reading time: < 1 MinuteEngineer Osama Al-Afaleq, President of the Saudi Contractors Authority, revealed that the number of registered contractors working in the sector with the Authority stands at approximately 142,000, while about 4,000 are registered with the Ministry of Municipal and Rural Affairs. He noted that the difference between the Ministry of Municipal and Rural Affairs’ classification of contractors and that of the Authority is that the Ministry’s General Agency for Classification focuses on developing details related to the quality of work … Read more

Riyad Bank participates in the International Contracting Conference and Exhibition as a platinum sponsor

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Riyad Bank - Off-plan Selling - Real Estate Finance

Reading time: < 1 MinuteDuring its participation in the International Construction Conference and Exhibition, Riyad Bank provided platinum-level sponsorship, in line with its vital role in achieving comprehensive and sustainable development and strengthening the national economy, and given the event’s importance in presenting visions and exchanging ideas and solutions to stimulate growth opportunities in the construction sector. In addition, the bank participated with a booth showcasing a wide range of products… Read more

King Abdullah Economic City (KAEC) and Crete Contracting to develop the infrastructure of the Industrial Valley

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Reading time: < 1 MinuteKing Abdullah Economic City, represented by the Industrial Valley, announced that it has signed a contract with “Kreet Contracting”—one of the major national companies specializing in construction—to develop infrastructure in Phase 4 (Sector D), covering an area of 830,000 square meters, at a total cost of more than 32 million Saudi riyals. The land slated for development enjoys a strategic location at the entrance to the Valley … Read more

Ministry of Housing delivers a number of ready-made housing units in Al Kharma and Shaqraa governorates

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Housing units

Reading time: < 1 MinuteThe Ministry of Housing has handed over a number of housing units as part of its ready-built villa projects to beneficiaries of the “Sakani” program who were allocated units in previous monthly batches, in the governorates of Al-Khurma and Shaqra last week after they completed all administrative and financial procedures. The Al-Khurma project, located in the Makkah region, provides approximately 260 ready-to-move-in housing units, with a total project area of 500,000 meters … Read more

$5.8 billion in Saudi investments in Indonesia; 150 Saudi businesspeople are participating in the Indonesian trade fair “Expo 2018”

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Reading time: < 1 MinuteWith 1,110 exhibitors representing 125 countries, more than 150 Saudi businesspeople are preparing to participate in the international exhibition “Expo 2018,” held under the patronage of Indonesian President Joko Widodo, will showcase hundreds of tourism and investment opportunities during its 33rd edition, from October 24 to 28, 2018, at the Convention and Exhibition Center in the city of Bumi Spong Damai Tangerang, located 25 … Read more

Saudi Construction Expo kicks off on October 22 and 10 international pavilions await the Kingdom's real estate industry

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Saudi Construction Exhibition

Reading time: < 1 MinuteWith the participation of more than 33 global companies and 10 international pavilions, the Saudi Construction Expo will take place from October 22–25 at the Riyadh International Convention and Exhibition Center. The Kingdom’s construction sector is eagerly awaiting this event following the success of more than 500 exhibitors from 30 countries in showcasing their advanced and modern products to meet all the sector’s needs. The exhibition brings together … Read more

At a cost of 1.2 billion riyals. “Saudi Kayan announces project in Jeddah's Abhar Waterfront

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Reading time: < 1 MinuteSaudi Arabia’s Kayan Group has unveiled its new project located along the Abhur Waterfront in Jeddah. The project spans an area of 140,000 square meters and has a total cost of 1.2 billion Saudi riyals. The project comprises two towers: one is a five-star luxury brand-name hotel, and the other consists of luxury residential apartments, marking another step forward for the Kayan Group … Read more

Deputy Minister of Commerce inaugurates the International Contracting Conference and Exhibition “Developing the Contractor Classification System” initiative ensures the sustainability and transparency of the sector

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Reading time: < 1 MinuteOn behalf of the Minister of Commerce and Investment, Majid Al-Bawardi, Deputy Minister of Commerce and Investment, opened the two-day International Construction Conference and Exhibition yesterday morning, organized by the Saudi Contractors Authority (SCA). In a speech at the opening ceremony, Ghanem Al-Mohammadi, Assistant Minister of Municipal and Rural Affairs for Planning and Development, emphasized the ministry’s commitment to developing and enforcing all applicable regulations and laws aimed at … Read more

70,000 applicants have registered for the program to purchase pre-built units and the self-build option, and 8,000 have benefited from the programs offered

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Reading time: < 1 MinuteIn its announcement of the ninth batch of the housing program for the current year, 2018, the Ministry of Housing revealed that more than 70,000 beneficiaries had registered for the options to purchase ready-built units from the market and to build their own homes, both of which were launched over the past two months, noting that work is currently underway to verify that they meet the eligibility requirements in preparation for receiving the subsidized loan from the agency … Read more

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