Under the patronage of the Custodian of the Two Holy Mosques And inaugurated by “Al-Faisal”... 6 major water projects to serve the Holy Capital and the pilgrims with 3.1 billion riyals

Projects

Reading time: 3 MinutesUnder the patronage of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, His Royal Highness Prince Khalid Al-Faisal, Advisor to the Custodian of the Two Holy Mosques, Governor of Makkah and Chairman of the Central Hajj Committee, inaugurated on Wednesday a number of water projects in Makkah and the holy sites, worth more than 3.1 billion riyals, in conjunction with this year's Hajj season ... Read more

  Process engineering and digitization contribute significantly to the performance of labor courts

real estate

Reading time: 3 MinutesThe digital environment and the engineering of procedures in the labor courts helped raise the ceiling of achievement and performance, which reflected positively on the beneficiaries, saving them time and effort, as this comes to preserve workers” rights and create an attractive, distinctive and safe environment for workers, in line with "Vision 2030." The Ministry of Justice explained that the labor courts held more than 86 thousand sessions, during 164 working days since ... Read more

Ajlan: The decision to allow shops to operate 24 hours creates 95,000 jobs and improves competitiveness

Ajlan - Riyadh Chamber - Contracting

Reading time: 2 MinutesRiyadh Chamber Chairman Ajlan Al-Ajlan confirmed that the Cabinet's decision to operate 24-hour shops will contribute to providing nearly 45,000 direct jobs in the retail sector, and another 20,000 indirect jobs, and creating nearly 30,000 part-time jobs, with a total of 95,000 jobs. (Contracting) Al-Ajlan praised the decision ... Read more

The Council of Ministers issues a decision to allow commercial activities to operate for 24 hours, and the decision is welcomed in the public and private sectors

Business activities

Reading time: 2 MinutesThe Cabinet decision issued yesterday, Tuesday, headed by the Custodian of the Two Holy Mosques King Salman bin Abdulaziz, to allow commercial activities to operate for (24) hours, found satisfaction and welcome from various levels in the two sectors (public and private). (Commercial activities). The decision stipulated that the permission would be “for a fee determined by the Minister of Municipal and Rural Affairs - in accordance with the considerations assessed by ... Read more

Sharqiya Chamber completes preparations to host the Contracting Forum in October

Contracting - Investment - Real Estate Finance

Reading time: 3 MinutesOn October 30th, the Eastern Province Chamber will launch the Contracting Forum, and on this occasion, the Chairman of the Board of Directors of the Eastern Chamber, Abdul Hakim bin Hamad Al Ammar Al Khalidi, explained that the contracting sector represents the largest share in the labor map in the Kingdom, praising the initiatives and facilities provided to the sector within the Kingdom's Vision 2030, which contributed to the development of the work mechanism in it, pointing ... Read more

Amlak newspaper reports details from Sarajevo Businessman Suleiman Al-Shadi celebrates success partners in Bosnia He explains the details of his experience

International real estate

Reading time: 4 MinutesThe group of success partners, a group of businessmen and real estate professionals, in addition to the team of Amlak Real Estate newspaper, ended their short visit to the Republic of Bosnia with outstanding success in order to learn about the nature of the country, investment in it and the regulations governing it, as the trip was generously sponsored and appreciated by the Saudi businessman residing in Bosnia, Sulaiman bin Abdullah Al-Shadi, CEO of Al-Shadi Group, who celebrated the group, ... Read more

Saudi Real Estate Refinance Company announces a 40 basis point reduction in the annualized profit rate

Residential Mortgage - Real Estate Finance

Reading time: 2 MinutesThe Saudi Real Estate Refinance Company (fully owned by the Public Investment Fund) announced that it has reduced the annual profit rate by 40 basis points on long-term mortgages with a fixed profit rate and extended the maturity period up to 25 years, allowing citizens to obtain mortgages with low profits by lowering the annual profit rate. The CEO said... Read more

Residential program delivers 2347 free land plots to beneficiaries during the month of June

Free Plot

Reading time: 2 MinutesDuring the month of June, the Ministry of Housing's Residential Program delivered 2347 free land plots to the beneficiaries of the program who were allocated to them in the past monthly payments, distributed in various regions of the Kingdom, in preparation for the start of their construction. The program explained that the delivery included 142 plots of land for eligible citizens in the Riyadh region, in addition to 721 plots in the Makkah region, ... Read more

Residential program reveals more than 12426 families benefiting from financing and housing options in June

Residential Program - Residential Properties - Land - Real Estate Finance

Reading time: 3 MinutesThe “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, this came during the Sakani program forum organized yesterday evening to reveal the achievements of the program in June ... Read more

«International Real Estate and Investment Exhibition kicks off in Abu Dhabi in October

Abu Dhabi real estate

Reading time: 2 MinutesThe 11th edition of the International Real Estate and Investment Show (IRIS), Abu Dhabi's leading investment platform and Abu Dhabi's only real estate event that targets investors and consumers rather than trade visitors, will take place at the Abu Dhabi National Exhibition Center from October 30 to November 1, 2019. (Abu Dhabi Real Estate). The event is expected to bring together an elite ... Read more