The Ministry of Housing plans to expand the use of 3D printing in the construction of housing, real estate, government facilities, and mosques

Reading time: < 1 MinuteThe Ministry of Housing plans to expand the use of 3D printing technology for housing in real estate construction, including government buildings and mosques, provided the Ministry confirms the success of this technology in constructing these units. During a field visit, Mahab Benten, General Supervisor at the Ministry of Housing, revealed the Ministry’s intention to conduct five trials of 3D printing technology and to launch a construction technology initiative, provided that… Read more

Inauguration of 894 villas in Qassim and 1,040 villas in Hail, revitalizing the real estate market in both regions

Reading time: < 1 MinuteThe Minister of Housing, Mr. Majid bin Abdullah Al-Hogail, inspected a number of the Ministry’s projects in the Al-Qassim and Hail regions. During his field visits, His Excellency focused on finalizing the procedures for handing over completed housing units in various Ministry projects, emphasizing the need to expedite procedures so that citizens can obtain housing options suitable for them. He called on ministry officials in the branches to serve beneficiaries optimally and accelerate procedures to facilitate their access … Read more

Saudi factory specializing in Italian insulated concrete buildings

Reading time: 2 MinutesA Saudi factory specializing in Italian insulated concrete buildings produces 20 villas per day, with a production capacity of 20 villas per day. Anan Real Estate Company announced its partnership with the Italian factory “M2,” which specializes in insulated concrete buildings (m2). The factory was established and all its 3D equipment was imported to the Malham Industrial City north of Riyadh. It is the first Saudi factory specializing in Italian precast concrete buildings… Read more

Including 7 housing projects... Minister of Housing praises the Custodian of the Two Holy Mosques for inaugurating a number of development projects in Al-Qassim

Accreditation of the Saudi Housing Guarantee Company

Reading time: < 1 MinuteAl-Qassim Real Estate Provides 894 Housing Units Following the King’s Visit; Minister of Housing Majid bin Abdullah Al-Hogail Praised the Inauguration by the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud – may God protect him – today of a number of development projects in the Al-Qassim region, including seven housing projects spread across several provinces and centers in the region, expressing his gratitude to the Custodian of the Two Holy Mosques for … Read more

Real estate prices in areas near Dubai Metro rise by an average of 51%

Reading time: < 1 MinuteProperty prices near Dubai Metro stations within a 15-minute walk have risen by an average of 51%, while the average increase in the rest of the city is 28%, according to a Knight Frank report. Prices per square foot for properties within a 10-minute walk of the Dubai Metro have risen by 91%, while prices per square foot for properties … Read more

Kuwait plans to enact legislation establishing a sustainable framework for real estate financing... and the Cabinet is reviewing the draft

Reading time: < 1 MinuteRegulation of Mortgage Financing in Kuwait: Kuwait plans to enact legislation establishing a sustainable framework for mortgage financing as part of a project to restructure its lending strategy, transform the bank into a self-financing entity, and define a plan for the sustainability of mortgage financing. Kuwaiti Finance Minister Dr. Nayef Al-Hajraf explained that the study on the draft mortgage bill, which was submitted to the Cabinet, was conducted by … Read more

Al-Ahli Bank Signs a Memorandum of Understanding with SABIC to Finance and Refinance Entrepreneurs

Reading time: < 1 MinuteAiming to develop local industries by financing and refinancing entrepreneurs, Al-Ahli Bank has signed a memorandum of understanding with the Saudi Basic Industries Corporation (SABIC) to strengthen the national role of the “Nusand” initiative as the first integrated engine for industrial localization. This agreement will enable entrepreneurs and small and medium-sized enterprises (SMEs) participating in the “Nusand” initiative to obtain support and financing from Al-Ahli Bank at competitive rates … Read more

90 speakers from 19 countries at the Aspar Forum to stimulate creativity, innovation and talent 90 speakers from 19 countries

Reading time: 2 MinutesFostering a spirit of creativity and innovation and stimulating talent and potential at the Aspar Forum in the Kingdom, with 90 speakers from 19 countries around the world participating, The Aspar International Forum called for supporting young people in shaping the future in light of scientific developments, development options, and rapid progress in the means and tools for positive transformation. During its sessions, it discussed a number of key topics, including: … Read more

With the participation of Alinma Bank, Samba Bank, Al Jazira Bank and Emirates Bank. “The Saudi Finance and Investment Exhibition kicks off next Sunday in Riyadh

Reading time: < 1 MinuteBanks, finance and investment companies, real estate developers, engineering consultancies, and automotive companies are the most prominent participants. Under the sponsorship and participation of the Riyadh Chamber of Commerce, “Sama Exhibitions” (Sky Expo), the leading Saudi company in organizing exhibitions and conferences, is organizing the “Saudi Finance and Investment Exhibition” in its third edition from November 11 to 13, 2018, at the Riyadh International Convention and Exhibition Center (Hall 2). Participating in … Read more

Dutch company Cybe carried out the experiment Saudi Arabia's first experiment to build a house using 3D printing technology succeeds

Reading time: 3 MinutesThe Dutch company Cybe has successfully built the first house using 3D printing technology, The Ministry of Housing, National Industry Development, and Logistics announced that the house is open for visits and tours for five days, allowing experts, professionals, and those interested in the sector—including engineers, architects, and companies specializing in construction—to learn about this initiative. This technology is considered one of the latest in the new generation… Read more