Month: April 2019

Excellent coverage of Amlak newspaper. Abdullah Al-Farshan expresses his happiness with the success of Al Majid's real estate auction and thanks the businessmen and investors

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Reading time: 2 MinutesAl Safo Real Estate Marketing Company Ltd. extended its thanks and appreciation to all businessmen and investors who participated in the first auction to liquidate the estate of Sheikh Bin Mohammed Al Majid - may God have mercy on him - and to the large attendance of all those interested in the real estate sector who contributed to the success of the auction, which included a number of important real estate properties in Riyadh. On this occasion, the CEO of the company, Abdullah bin Rashid Al Farshan, ... Read more

Cityscape Abu Dhabi welcomes more than 80 developers from 10 countries and charts market trends in the region

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Abu Dhabi real estate

Reading time: 2 MinutesWith the participation of more than 80 local, regional and international developers from 10 countries around the world and under the patronage of His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, the 13th edition of Cityscape Abu Dhabi 2019 opened on Tuesday. The three-day event will be held at ... Read more

Sponsored by Amlak Real Estate Newspaper Riyadh Real Estate Exhibition “Restatex 2019” kicks off on April 21

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Real Estate Exhibition - Real Estate Projects

Reading time: 2 MinutesWith the participation of Amlak Real Estate Newspaper as a specialized sponsor and the organization of Ramtanan Exhibition and Conference Organization, Riyadh will host the Riyadh Real Estate and Urban Development Exhibition “Restatex 2019" from 21 to 24 April at the headquarters of the An Center, where major companies will review new real estate projects in the residential, commercial and investment sectors. This year's edition of Restatex coincides with the remarkable growth and optimism that ... Read more

With the participation of 6,500 professionals. Saudi Hotel Show 2019 kicks off on April 21 in Jeddah

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Saudi hotels

Reading time: 3 MinutesSponsored by Amlak Real Estate Newspaper, the seventh edition of the Saudi Hotel Show 2019 will be held in Jeddah from April 21 to 23 with a wide range of features, CPD seminars for continuous self-development and many opportunities to communicate with industry experts, noting that entry to the exhibition is free for visitors. Read more

Sponsored by Amlak Real Estate Newspaper The Emir of Makkah opens the “Residential Expo Jeddah 2019" exhibition. And hands over housing beneficiaries of developmental housing units

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Real estate finance

Reading time: 3 MinutesHis Royal Highness Prince Khalid Al-Faisal, Advisor to the Custodian of the Two Holy Mosques, Governor of Makkah Region, in the presence of His Royal Highness Prince Mishaal bin Majid, Governor of Jeddah, Minister of Housing Majid Al-Hogail, and General Supervisor of the Real Estate Development Fund Khaled Al-Amoudi, inaugurated on Monday evening the “Residential Expo Jeddah 2019", organized by the Ministry of ... Read more

Residential program launches 13 residential plans in 6 regions and provides 6852 free land plots

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Housing Scheme - Real Estate Loan - E-Services

Reading time: 3 MinutesEarlier this week, the Ministry of Housing launched thirteen new schemes in six regions, as part of the residential schemes it recently launched, to allow beneficiaries who wish to choose free land and choose a suitable residential scheme for them electronically, without the need to visit the Ministry's branches, and these schemes provide 6852 free land; infrastructure works are being completed, water, electricity, communications, lighting, sidewalks, asphalt ... Read more

“Itqan Real Estate Company launches the Al Rayyan scheme in Makkah tomorrow, Saturday, April 13. And specifies the conditions for entering the auction

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piece-residential-commercial

Reading time: 2 MinutesItqan Real Estate Company has completed its preparations to launch the Al Rayyan scheme in Makkah tomorrow, Saturday, 8 Sha'ban 1440, corresponding to April 13, 2019, at the Casablanca Palace Hall in Al Muaysim, and the scheme contains 230 residential and commercial plots with a variety of uses. The launch of the Al Rayyan scheme is considered an important real estate event in the holy capital due to the many advantages of the scheme, the most important of which is that it guarantees housing ... Read more

Riyad Bank achieves more than 1200% in off-plan sales compared to last year

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Riyad Bank - Off-plan Selling - Real Estate Finance

Reading time: 3 MinutesRiyad Bank's sales of off-plan sales products “residential units under construction” during the past months increased the sales rates of this product in the bank to more than 1200%, compared to last year, while the bank accounted for more than 48% of the total market share of this option among banks and other financing institutions. The off-plan sale option is one of the ... Read more

Ministry of Housing continues to deliver housing units in 20 projects across 8 regions

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Real Estate Finance - Residential Units

Reading time: 3 MinutesThe Ministry of Housing, through the “Sakani” program, revealed that during the month of March, it continued to distribute housing units of the type of villas in 20 projects distributed in 8 regions, as the delivery procedures are carried out after the beneficiaries complete the reservation procedures and sign the final contract. The ministry noted that during the past month, the units were delivered in 8 regions... Read more

Off-plan sales and leasing adopts licensing rules for SMEs

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Reading time: 3 MinutesThe Wafi Committee has adopted the rules of work for licensing the sale and rental of real estate units on the map in small and medium-sized real estate projects, provided that this decision will be implemented starting from last March, and the committee explained that this decision aims to indicate the minimum requirements and requirements necessary to obtain a license to practice the activity, and stimulate real estate development companies ... Read more

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