Month: October 2018

“Consulting Firm” Signs Memorandum of Understanding with the Riyadh Chamber of Commerce to Support Small and Medium-Sized Enterprises

by

Reading time: < 1 MinuteYesterday, “Consulting Company” signed a memorandum of understanding with the Riyadh Chamber of Commerce to provide services aimed at enriching and stimulating small and medium-sized enterprises, as well as launching initiatives that strengthen and develop the national economy and encourage investment in the Riyadh region. The memorandum stipulates that the company will cooperate with the Riyadh Chamber, represented by its customer services sector through the SME Services Department, in launching incentive initiatives and programs… Read more

Qiddiya CEO: We plan to attract more than $3 billion a year in investor spending for outbound tourism

by

Reading time: < 1 MinuteMichel Rening, CEO of the Qiddiya Project, stated that the project is expected to attract $3 billion annually in spending by investors and travelers from across the Gulf region seeking the entertainment that Qiddiya will provide through innovation and creativity, This will drive the underlying goals of Saudi Vision 2030, linking what we are doing in Al-Qiddiya to the vision as a whole, emphasizing that the project… Read more

The General Authority for Real Estate and the Eastern Chamber organize a workshop to discuss the challenges facing those dealing with the real estate sector

by

Reading time: < 1 MinuteIn the presence of and with the participation of Issam Al-Mubarak, Governor of the General Real Estate Authority, and members of the Real Estate and Urban Development Committee, the General Real Estate Authority, in cooperation with the Eastern Province Chamber of Commerce, organized a workshop to discuss the regulations governing the activities of real estate offices and companies in the Kingdom, review the current regulations, and assess the need to develop them in line with the requirements and needs of the current phase. The workshop was attended by a large number of individuals interested in real estate matters and professionals … Read more

The general real estate price index declined slightly in the third quarter And a rise in residential buildings

by
Riyadh - Real Estate in Riyadh - Trade Names System

Reading time: < 1 MinuteThe General Real Estate Price Index recorded a slight decline of 1.61% compared to the previous quarter (the second quarter of 2018), with the General Real Estate Price Index in the Kingdom (82.3) in the third quarter of 2018, compared to (83.6) in the second quarter of 2018. According to a report issued by the General Authority for Statistics on the real estate price index in the Kingdom for the third quarter of 2018, … Read more

SANY Al Ameriya to invest $1.2 billion to build 9658 residential units in Jeddah and Dammam

by

Reading time: 2 MinutesWith an investment value of US$1.2 billion, the Sani Al-Amiriyah “Saudi-Chinese” consortium to construct 9,658 residential units in the cities of Jeddah and Dammam; this follows the signing of an agreement with the Ministry of Housing and the National Housing Company on the sidelines of the “Future Investment Initiative” held recently in the capital, Riyadh. Under this agreement, Sani Al-Amiriyah, formed as a consortium between Sani … Read more

Under the patronage of the Emir of the region. Sharqiya Chamber organizes “Small and Medium Enterprises Forum” in November

by
Contracting - Investment - Real Estate Finance

Reading time: < 1 MinuteThe Eastern Province Chamber of Commerce is organizing the “Small and Medium Enterprises Forum” at its headquarters in Dammam on Thursday, November 22, under the theme “Venture Capital: A Gateway to Empowerment.” The forum is being held under the patronage of His Royal Highness Prince Saud bin Nayef bin Abdulaziz, Governor of the Eastern Province. For his part, Abdulhakim bin Hamad Al-Ammar Al-Khalidi, Chairman of the Board of Directors of the Eastern Province Chamber of Commerce, expressed his appreciation for the patronage of His Royal Highness the Governor … Read more

Reduced in value by 50%. The oldest house in the U.S. is listed for half a million dollars

by

Reading time: < 1 MinuteOne of the oldest houses in the United States—built in the 19th century and known as “Pilar’s Estate”—was recently listed for half a million dollars —was recently listed for half a million dollars, a price observers considered too low, given the home’s history and features. The house was built in 1878 in New York City near the shore of Lake Ontario and is owned by … Read more

Jabal Omar Development Company Offset Its Previous Losses with Quarterly Net Profits of Over 469 Million Riyals

by

Reading time: < 1 MinuteJabal Omar Development Company, a leading real estate developer in the region, announced quarterly net profits of 469.62 million riyals, representing an increase of 417% compared to the previous quarter, and a 179% increase compared to the same quarter of the previous year, thereby offsetting all its losses for the current year and returning to profitability. The company achieved total profits of 192.30 million riyals for the current period … Read more

“Future Investment Initiative concludes successfully 60 billion dollars to implement 25 agreements and memorandums of understanding

by

Reading time: 2 MinutesHis Excellency Minister of Finance Mohammed bin Abdullah Al-Jadaan extended his congratulations to the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, and to His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, Deputy Prime Minister, and Chairman of the Public Investment Fund, on the occasion of the success of the Future Investment Initiative 2018, which was held in Riyadh from the 23rd to … Read more

During the Future Investment Initiative. “Finance” confirms the growth of the Kingdom's economy and the rise in non-oil revenues during the third quarter to 211 billion riyals

by

Reading time: < 1 MinuteThe policies implemented by the Kingdom’s government have succeeded in developing and growing non-oil revenues in recent times; their value reached approximately 211 billion riyals during the third quarter, an increase of about 48%, His Excellency the Minister of Finance, Mr. Mohammed bin Abdullah Al-Jadaan, explained this during his participation in the Future Investment Initiative 2018, noting that this is a tremendous and significant achievement, and emphasizing … Read more

© 2026 Amlak Real Estate Newspaper | All rights reserved.