Month: September 2018

December 19 settlement date. Ministry of Finance closes applications for investors in the USD Sukuk program

by
Government Procurement - Ministry of Finance - Real Estate Investment

Reading time: < 1 MinuteThe Ministry of Finance, through the Public Debt Management Office, announced that it has completed accepting investor applications for its second international issuance under the Kingdom of Saudi Arabia’s U.S. dollar-denominated government sukuk program, as part of the Ministry of Finance’s strategy to develop Sharia-compliant capital markets. The Ministry clarified that the issuance size has been set at a total of 2 billion U.S. dollars for the sukuk… Read more

The Council of Saudi Chambers and the G20 discuss preparations for the G20 Leaders' Summit in 2020

by
G20

Reading time: < 1 MinuteDr. Sami Al-Obaidi, Chairman of the Council of Saudi Chambers, affirmed the readiness of the Council and the Saudi business sector to participate in this year’s G20 and Business Group meetings, and described them as a golden opportunity to strengthen the Kingdom’s efforts to implement Vision 2030 projects and forge commercial partnerships with the world’s strongest economies and leading international business sectors. During his meeting with the Secretary-General of the Saudi Secretariat for the G20, Dr. …, Al-Obaidi affirmed… Read more

Saudi Contractors Authority launches 13 initiatives to solve financing obstacles and provide financial resources for 90% contracting companies

by

Reading time: < 1 MinuteThe Saudi Contractors Authority announced the launch of 13 initiatives to address the sector’s financing challenges, confirming that the initiatives are currently under review by a specialized committee at the Ministry of Finance before being submitted to the relevant authorities for approval. Osama Al-Afaleq, Chairman of the Authority’s Board of Directors, explained that the initiatives include effective financing solutions for small businesses, which account for more than 90% of construction firms in general. Al-Afaleq explained … Read more

Saudi Contractors Authority plans to adopt model contracts for all sector activities to ensure the rights of all parties

by

Reading time: < 1 MinuteThe Saudi Contractors Authority has announced its intention to adopt model contracts for all contracting activities to safeguard the rights of both contractors and clients, noting that many of the problems that have arisen in the sector stem from unclear contracts or the absence of contracts altogether. This announcement came during a meeting last weekend between Eng. Osama Al-Afaleq, Chairman of the Authority’s Board of Directors, and representatives of the contracting sector at the Eastern Province Chamber of Commerce headquarters, where he announced the launch of … Read more

September Batch... The Ministry of Housing Continues to Offer "Sakani 2" Products, Providing More Than 33,000 Housing and Financing Options

by

Reading time: < 1 MinuteThe Ministry of Housing has announced the ninth batch of the “Sakani” program for 2018, which includes 33,472 housing and financing options, bringing the total number of beneficiaries since the beginning of this year to more than 215,000 citizens, with approximately 85,000 options remaining to be offered during the remainder of 2018, completing the integration of the “Sakani 2” program with the addition of 300 housing and financing options this year. The ninth batch includes 74,700 loans … Read more

Under the patronage of the Minister of Trade and Investment The International Contracting Conference kicks off this morning in Riyadh and discusses the development of the construction market

by

Reading time: < 1 MinuteThe Saudi Contractors Authority is organizing, at the Riyadh International Convention and Exhibition Center this Sunday morning, the first edition of the “International Contracting Conference,” dedicated to the Kingdom’s contracting sector, where government agencies, regulatory bodies, and leading companies in the sector are joining forces to develop the Kingdom’s construction market. This event is being held under the patronage of His Excellency the Minister of Commerce and Investment, Dr. Majid bin Abdul … Read more

Ministry of Labor: Tomorrow is the deadline to receive the qualification files of contractors for the “Citizen Account” operation and management project”

by
Citizen account

Reading time: < 1 MinuteThe Ministry of Labor announced that it has begun qualifying a number of specialized companies and institutions interested in managing and operating the “Citizen Account” program, after deciding to entrust the program’s operation to the private sector. The Ministry has set tomorrow, Monday, September 17, 2018, as the deadline for submitting contractor qualification files for the project to operate and manage the “Citizen Account” program. The Ministry clarified that the results of the evaluation and selection will be announced … Read more

Approval for Hiring Under the Green Track... The Ministry of Labor Launches 68 Initiatives for the Private Sector, Which It Plans to Implement Within 100 Days

by

Reading time: < 1 MinuteEngineer Ahmed Al-Rajhi, Minister of Labor and Social Development, confirmed the launch of 68 initiatives proposed by the ministry to the private sector in September, October, and November, as part of the “100 Days” project aimed at building a genuine partnership and strengthening the sector’s role. Engineer Al-Rajhi made these remarks at a workshop recently organized by the ministry for the private sector to present its initiatives for the “100 Days” project at the King Abdulaziz Center for Dialogue … Read more

Waterproofing the floors of restrooms and laundry rooms - Episode 75 by: Majid Almuhaimeed

by

Reading time: 3 MinutesOnce the waterproofing of bathroom and laundry room floors is complete—whether the system used is bitumen rolls or a coating—it is essential to ensure that two layers of the waterproofing material are applied; this is of the utmost importance. Once the coating has dried—that is, three to five days after application—the plumber will begin installing the pipes… Read more

Happiness is the name of the game The event kicks off on October 2 in Dubai. Cityscape Global presents more than 100 countries and direct sales platforms

by

Reading time: 2 MinutesWith specialized sponsorship from Amlak Real Estate Newspaper, the 17th edition of Cityscape Global will take place from October 2 to 4 at the Dubai World Trade Center. The exhibition, considered the largest and most influential real estate investment and development event for emerging markets worldwide, will be held over an area of 41,000 square meters. 100 countries at the biggest event… Read more

© 2026 Amlak Real Estate Newspaper | All rights reserved.