Month: January 2019

Honored on the occasion of its 8th anniversary «Amlak Newspaper» crowns Mohammed Al-Babtain with the «Real Estate Excellence Award» for 2018

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Reading time: < 1 MinuteAmlak Real Estate Newspaper honored real estate expert Mohammed Abdulaziz Al-Babtain, General Manager of Al-Babtain Real Estate Investments, with the «Real Estate Excellence Award» for 2018 during the economic evening organized by «Amlak Councils», recently, in recognition of his active contribution and his prominent footprint in the real estate investment map, his continuous presence in real estate events and activities, his support for the sector and his promotion of trust between businessmen and the media. ... Read more

Majid Al-Muhaimeed writes: House of life ... ( 82 ) ... Painting works for facades and fences

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Reading time: 2 MinutesUpon completion of the facades and fences, which was emphasized in the last episode, according to the type of finishing approved in the plans, as the facades and fences that will be completely clad with natural stone, marble or granite, there is no need to implement the facades for them, as the installation of these materials is done mechanically using screws. Painting works for facades and fences ... Read more

With 15,000 investors and 75 exhibitors from 15 countries The International Real Estate Exhibition will be held for the first time since its inception in 2005

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Real Estate Selling Websites

Reading time: 3 MinutesWith the participation of more than 15,000 investors and 75 exhibitors from 15 countries from around the world, the International Real Estate Exhibition will be launched for the first time in Jeddah, at the Jeddah Center for Forums and Events on February 25, 2019, and will continue until 27th of the same month. The exhibition, which is organized by the UAE's Strategic Exhibition and Conference Organizing Company, is supported by ... Read more

Ministry of Housing launches sustainable construction platform for prefabricated building inspection service to achieve building quality

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Construction Quality - Contracting

Reading time: 2 MinutesThe Ministry of Housing's Sustainable Building Platform has launched a prefabricated building inspection service, which aims to verify the apparent quality of the housing unit, through an approved mechanism for inspection by certified engineers to detect the condition of prefabricated buildings, and according to this inspection, a “report” is issued for the condition of the housing unit and the quality of construction. The service enables beneficiaries, such as real estate owners or ... Read more

Dubai real estate sales and transactions amounted to more than AED 19 billion in 10 days at the end of 2018

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Reading time: 2 MinutesThe Dubai Land Department (DLD) has revealed unprecedented growth in the last 10 days of 2018, as Dubai real estate recorded high activity in the volume of transactions amounting to 2,081 transactions worth more than AED 19 billion. It was noted that during this period, high transactions were recorded on a daily basis more than one billion dirhams, and peaked on December 24 ... Read more

The Real Estate Fund launches the first smart branch that includes all financing services and housing projects to serve beneficiaries

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Requirements for transferring a mortgage application to a building

Reading time: 2 MinutesThe Real Estate Development Fund has launched its first smart branches to serve beneficiaries and facilitate their journey of ownership of the first home, through a smart system that combines the services of the Real Estate Fund, financing agencies, and the Ministry of Housing projects for sale on the map, and the branch is located in Riyadh, located along Abu Bakr Al-Siddiq Road before its intersection with the northern ring towards the north, and will receive beneficiaries throughout the week on ... Read more

Saudi Arabian General Investment Authority opens applications for the second batch of the “Transformation Pioneers” program”

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The best companies

Reading time: 2 MinutesThe Saudi Arabian General Investment Authority (SAGIA) announced the opening of applications for the second batch of the “Pioneers of Transformation” program, which trains students in cooperation with the best international companies. This came during SAGIA's graduation ceremony of the first batch of the Transformation Pioneers program at its headquarters in Riyadh, in the presence of H.E. Ibrahim bin Abdulrahman Al-Omar, Governor of SAGIA. Opening investment horizons with ... Read more

Ministry of Housing acquires 16 million square meters from the National Guard in Arar

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Reading time: 2 MinutesThe Ministry of Housing has acquired an area of 16 million square meters within the urban perimeter in Arar, following the issuance of a high order to grant part of the National Guard lands in Arar and Rafha to the ministry, after they became within the population perimeter and caused a stifling of urban expansion in the northern borders. In turn, HRH Prince Faisal bin Khalid emphasized Read more

Banks and banks inject 2 billion riyals to finance residential real estate for individuals in 12 months

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Saudi Banks - Real Estate Finance - Finance

Reading time: 2 MinutesThe residential real estate financing sector provided by Saudi banks and banks for new housing for individuals achieved a high jump of about two billion riyals, an increase of 63% in 12 months between November 2017 and November 2018, according to data from the Saudi Arabian Monetary Agency (SAMA). The data showed that banks during the month of November 2018 pumped new financing to individuals ... Read more

Real estate fund: Court rulings are respected as soon as they are officially received, and the citizen is not our adversary

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Reading time: < 1 MinuteThe Real Estate Development Fund announced that the judicial rulings are respected by the Fund and as soon as they are officially received, they will be dealt with according to the established mechanisms and in a manner that does not affect the Fund's plans or programs, and the Director of the Public Relations Department and the Fund's official spokesman Hamoud Al-Osaimi stressed that the Fund has not and will not be a discount for citizens. Read more

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