Month: July 2019

  Saudi Arabia's real estate price index rises in the second quarter...Real Estate Prices

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Real Estate Prices - Real Estate

Reading time: 2 MinutesThe general index of real estate prices in the Kingdom witnessed an increase of 0.4% compared to the previous quarter (Q1 2019), as the general index of real estate prices in the Kingdom reached (4.80) in the second quarter 2019 compared to (1.80) in the first quarter 2019. The General Authority for Statistics (GaStat) released the real estate price index report in Saudi Arabia for the second quarter 2019, and published it ... Read more

A property newspaper in the city of fog London attracts tourists with its ancient past and timeless landmarks that have written the history of all times

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International real estate

Reading time: 4 MinutesThe team of Amlak newspaper continued its summer and exploratory trips to different cities and capitals of the world, where it landed this time in the city of fog «London», the capital of the United Kingdom, where it won the title of the most popular city for tourists in recent years; due to its beauty and creativity in various fields, and the cultural, political and economic activity of the United Kingdom is concentrated in it, with a population of ... Read more

Subsidized mortgage contracts pass the 100k mark

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Real Estate Finance - Residential Units

Reading time: 3 MinutesThe number of subsidized financing contracts during the first half of this year exceeded 55 thousand contracts, bringing the total to more than 100 thousand subsidized mortgage contracts for beneficiaries of the «Residential» program registered in the lists of the Ministry and the Fund, announced this during the inauguration of the comprehensive «Residential» center in Riyadh, Minister of Housing Majid Al-Haqd said. Khalid Al Amoudi, General Supervisor of ... Read more

More than 12,426 families benefited during last June Current Residential Program projects provide 50 % of this year's targets

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Reading time: 4 MinutesCurrent housing projects provide 100,000 housing units with the private sector The «Sakani» program, launched by the Ministry of Housing in 2017, revealed that 12,426 families registered in the Ministry and the Real Estate Development Fund benefited from housing options and financing solutions during the month of June, while 4690 families were able to receive their homes. Read more

The world is enjoying a region like no other Qiddiya Project reviews the details of the project's master plan in the first phase

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Investment projects

Reading time: 3 MinutesThe special presentation by Qiddiya Investment Company (QIC) on Wednesday revealed details of the master plan for the first phase of the project, which includes more than 45 projects and more than 300 activities across the creative, hospitality, entertainment and sports sectors, and the commissioning of 20 architecture firms to design 12 landmarks of the façade and some other important landmarks, in addition to a team of ... Read more

Editor-in-Chief Abdulaziz Al-Issa writes about: Real estate and the next wave of life...?

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Abdulaziz Al-Issa: Real Estate Finance

Reading time: 2 MinutesObservers and marketing experts expect a strong and upcoming struggle between modern methods in the art of marketing and the traditional economy, especially with the wave that swept the consumer behavior, it is difficult to predict how the situation will be during the next ten years, especially since everything we want now is available on Line. (Smart applications) and we see the absence of commercial real estate sites in the world ... Read more

Real estate professionals share their thoughts on real estate awareness and the role of real estate leaders through Amlak's Twitter account

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real estate

Reading time: 2 MinutesThe poll, which Amlak newspaper launched last week through its official Twitter account, on the extent of the real estate sector's awareness regarding the analysis of market needs and the role of real estate leaders (executives and managers) in this regard, has attracted the attention of a large number of real estate professionals and readers of the newspaper. ). (Real Estate) Participants provided a lot of important ideas and visuals ... Read more

Ministry of Labor launches initiative to settle violations in distinguished establishments

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real estate

Reading time: 2 MinutesThe Ministry of Labor and Social Development announced the launch of an initiative to settle violations by reducing the value of fines for distinguished establishments that have a high rate of compliance according to specific and conditional criteria to contribute to increasing the percentage of Emiratization. The mechanism of the initiative is summarized in an agreement with the violating enterprises to settle the value of fines in exchange for increasing the percentage of Emiratization through contracts binding on both parties for a year, which will contribute ... Read more

Minister of Housing honors Al Rajhi Bank with the Best Financing Bank Award in the “Residential” program 2019

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Real Estate Financing

Reading time: 2 MinutesAl Rajhi Bank was crowned the best financier in the banking sector in the “Sakani” program 2019, during the “Sakani” Quarterly Forum 2019, which was held recently in Riyadh to celebrate the achievements of the program during the first half of this year, and Majid Al-Hogail, Minister of Housing, handed over the shield of honor to Saleh bin Abdullah Al-Zamai, General Manager of the Retail Banking Group at ... Read more

General Authority for Zakat and Income Tax (GAZT) urges companies subject to VAT to submit their returns

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VAT Payment - Real Estate

Reading time: 2 MinutesThe General Authority for Zakat and Income Tax (GAZT) has confirmed that all VAT-registered establishments whose annual supplies of taxable goods and services exceed SAR 40 million must submit their tax returns for the month of June, as well as establishments whose annual supplies of taxable goods and services are less than SAR 40 million must submit their tax returns for the second quarter of ... Read more

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