Royal Decrees: Ministry of Industry and Mineral Resources, Ministry of Energy renamed

King Salman bin Abdulaziz

Reading time: 10 MinutesThe Custodian of the Two Holy Mosques King Salman bin Abdulaziz - may God protect him - today issued a number of royal orders, including the following: - Transforming the Riyadh City Development Authority into a royal authority under the name of the Royal Commission in Riyadh. - The Ministry of Energy, Industry and Mineral Resources is renamed the Ministry of Energy. - Establishing a Ministry of Industry and Mineral Resources. - Establishing a body ... Read more

  Saudi Engineers Organization begins launching its awareness campaigns for the engineering professions system

Saudi Council of Engineers

Reading time: 2 MinutesThe Saudi Commission for Engineers has embarked on its first awareness campaign to introduce the system of practicing engineering professions, where the campaign included a number of engineering offices and companies operating in Riyadh, and the campaign aims to educate those practicing the engineering profession about the importance of adhering to the system, protecting the engineering sector from interlopers and intruders, and negatively affecting the sector and the labor market. The campaign aims to sensitize those practicing the engineering profession to the importance of adhering to the system, protecting the engineering sector from interlopers and intruders and negatively affecting the sector and the labor market. Read more

Saudi-UAE platform launched to standardize specifications for construction and housing projects

Reading time: 2 MinutesThe Kingdom of Saudi Arabia and the United Arab Emirates have formed a joint task force in the field of housing, aiming to strengthen the strategic partnership in the field of housing, develop housing services and launch pioneering projects through a unified system, within the framework of cooperation and integration between the two countries and within the initiatives of the Council of ... Read more

    «Industry leaders discuss industrial investment and entrepreneurship in Sharqiya  

Reading time: 2 MinutesThe Eastern Chamber has completed its preparations for the launch of the «Pioneers of Industry 2019» forum on September 15, with the participation of a group of local experts and officials specialized in entrepreneurship and industrial investment. The forum aims to introduce entrepreneurs to the best sources of funding and support and the latest legislation related to entrepreneurship, and to achieve integration in the industrial sector for small and medium enterprises to contribute positively to achieving the goals of ... Read more

   Riyadh Chamber organizes a workshop to discuss the strategy of the Saudi real estate sector

Reading time: 2 MinutesIn continuation of its pioneering role to support the real estate sector, the Riyadh Chamber, represented by the Real Estate Committee in cooperation with the Saudi Real Estate Institute on Monday 2/9/2019 at 12.30 pm at Sheikh Abdulmohsen Al-Abdulmohsen Al-Suwailem Business Club, will organize a workshop to discuss the Real Estate Institute's strategy and training curricula, to introduce the latest programs and initiatives provided by the Real Estate Institute. For his part, board member ... Read more

Saudi investments in the Dubai market exceed AED 4 billion by the end of the first half

Reading time: 2 MinutesThe value of Saudi investments in the Dubai Financial Market by the end of the first half of this year witnessed a remarkable increase to reach about 4.57 billion dirhams (4.6 billion riyals), through their ownership of about 2.2 million shares. According to data from the Dubai Financial Market, the number of Saudi investors registered by the end of the first half amounted to 47,005 investors, led by individuals with 46,456 investors. The real estate sector based on ... Read more

Tomorrow, the Women's Auto Show kicks off in Riyadh under the patronage of the Minister of Transport and organized by Isnad MAS«

Reading time: 2 MinutesThe second Women's Automotive Exhibition will kick off tomorrow, Tuesday, August 27, and will continue until 29 of the same month, under the patronage of the Minister of Transport Dr. Nabil bin Mohammed Al Amoudi, at the fairgrounds in Riyadh, amid the participation of a large number of government sectors and private institutions... «Isnad Mass». For his part, Turki Al-Dajjam, General Manager of Isnad MAS for organizing international exhibitions and conferences, revealed ... Read more

  «Labor»: Adoption of the new schedule of violations and penalties in line with market changes  

Reading time: 2 MinutesIn line with the rapid changes and developments witnessed by the market, the Minister of Labor and Social Development, Eng. Ahmed bin Sulaiman Al Rajhi, approved the schedule of violations and corresponding penalties after making some amendments and additions to keep pace with changes in the executive regulations of the ”Labor Law.” This comes in line with the Ministry's efforts to regulate the Saudi labor market and the subsequent changes and developments. This comes in an effort to regulate the Saudi labor market and the rapid changes and developments it is witnessing, and in an effort to raise ... Read more

«Home Finance launches an additional 150K loan for those over 50 years of age

Retail Housing Finance

Reading time: 2 MinutesBedaya Home Finance announced the launch of a new program, targeting civilians, which provides an additional good loan of up to SAR 140,000 as a down payment for beneficiaries of the Real Estate Development Fund and the Ministry of Housing, over the age of 50... Home Finance The new «Down Payment Support» program is one of the programs offered by Bedaya to help the civilian segment ... Read more

   229 real estate companies qualified to sell, market and lease off-plan projects  

Reading time: 2 MinutesThe number of companies qualified by the Ministry of Housing to sell or rent off-plan projects has reached about 229 companies since the start of the qualification program. The Ministry of Housing grants these real estate companies a license to sell and market off-plan properties within the Kingdom, after completing the statutory requirements to obtain the necessary licenses for these projects. The Ministry of Housing... Read more