Month: October 2019

Taqeem implements the first training courses for the real estate appraisers qualification program in Makkah

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Real estate appraisal

Reading time: 2 MinutesThe Saudi Commission for Accredited Valuers (Taqeem) implemented the first training courses for the Real Estate Valuers Qualification Program in Makkah, in cooperation with the Ministry of Municipal and Rural Affairs (MOMRA). (On this occasion, the Undersecretary of the Ministry of Municipal and Rural Affairs for Planning and Programs, Engineer Khalid Al-Dughaither, explained that the ministry aims through these courses to raise the efficiency of ... Read more

Public Authority for State Properties organizes a workshop to develop a mechanism to provide government headquarters

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State real estate

Reading time: 2 MinutesIn the presence and participation of representatives of 54 government agencies, the General Authority for State Real Estate, in cooperation with the Public Investment Fund, the Ministry of Finance, the Royal Commission for Riyadh City and the Riyadh Municipality, organized a workshop entitled “The mechanism of providing headquarters for government agencies in the city of Riyadh”, from 28 Safar to 3 Rabiul Awwal 1441 AH, corresponding to 27-31 October 2019, in the city of Riyadh. ... Read more

USD 15 billion worth 23 agreements on the first day of the Future Investment Initiative. Aramco signs a billion-dollar deal

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Investment

Reading time: 2 MinutesThe first day of the Future Investment Initiative (FII) resulted in the signing of 23 agreements worth USD 15 bn, according to a statement issued by the General Authority for Investment (GAFI). The agreements include a USD 120 mn investment agreement between GAFI and Brazilian food manufacturer BRF and a USD 700 mn investment between GAFI and Modular Middle East. (Investment) In addition, a company signed a ... Read more

Public Investment Fund plans to turn the Future Investment Initiative into an independent entity that promotes sustainability

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Investment projects

Reading time: 3 MinutesThe Governor of the Public Investment Fund, Yasser bin Othman Al-Rumayyan, revealed in his opening speech at the Future Investment Initiative conference, which kicked off its sessions yesterday morning, that the initiative will turn into a permanent institution and an independent entity to complete cooperation and will not be limited to being a conference only, and that there are three important pillars (sustainability, technology, and the development of advanced societies). Al-Rumayyan added that the Future Investment Forum will be a place ... Read more

Cabinet issues decision to amend executive regulations for white land fees

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Real Estate - White Land Fees

Reading time: 2 MinutesThe Council of Ministers, in its session held yesterday at Al Yamamah Palace under the chairmanship of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz, decided to amend the executive regulations for white land fees, issued by Cabinet Decision No. 379 dated 8/9/1437, as outlined in the decision. The decision came after reviewing what was submitted by the Minister of Housing, and after reviewing ... Read more

The Ministry of Housing organizes “Residential Expo Asir” on Monday With the participation of 16 financing entities

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Real Estate - Residential Projects - Residential Scheme - Real Estate Finance - Residential Schemes

Reading time: 2 MinutesThe Ministry of Housing, represented by the Real Estate Development Fund, will organize the “Residential Expo Asir” exhibition on Monday, which will last for three days at the Abha Palace Hotel, under the patronage of His Royal Highness Prince Turki bin Talal bin Abdulaziz, Governor of Asir Region. (On the sidelines of the exhibition, a workshop will be held on the sidelines of the exhibition ... Read more

Itqan Real Estate will soon offer real estate investment opportunities in the «Ard Al Salam» project in Makkah

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Real estate investment

Reading time: 2 MinutesItqan Real Estate Company revealed that it will soon launch the «Land of Peace» project in Makkah, Al-Salam, between King Faisal Road and Prince Majid Road, which contains distinctive real estate investment opportunities in the most honorable places in the world, and the project is divided into two plots, the first «Al Salam2» located on an area of 32,165.97 m2, and the second «Al Salam3» located on 40,856.52 m2. (Real estate investment) and is ... Read more

In the presence of Prince Mohammed bin Salman, the Future Investment Initiative kicks off in Riyadh this morning. More than 6000 participants in the events

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Investment

Reading time: 2 MinutesUnder the patronage of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, and in the presence of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, Deputy Prime Minister, Chairman of the Council of Economic and Development Affairs and Chairman of the Public Investment Fund, the third edition of the Future Investment Initiative 2019, hosted by the ... Read more

Provides 1200 housing units The Minister of Housing handed over the beneficiaries of the “Jeddah Ruba” housing, and inspected the readiness of housing projects and land plans

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Housing projects

Reading time: 3 MinutesMinister of Housing Majid bin Abdullah Al-Hogail handed over a number of housing units to citizens from the beneficiaries of the “Residential” program of the Ministry of Housing in the “Jeddah Ruba” housing project, which is implemented by “Makyon Developers” and provides 1248 housing units on an area of more than 95 thousand square meters within an integrated environment that provides the necessary service facilities for citizens, as well as ... Read more

The program offers the ability to choose a housing plan. «Residential» program delivers 17059 free land plots to beneficiaries in September

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Residential scheme

Reading time: 3 MinutesThe number of free residential lands delivered by the Ministry of Housing's «Sakani» program during the month of September to those who were allocated to them in the past monthly payments reached 17059 free land plots distributed in various regions of the Kingdom, in preparation for the start of their construction, as this number contributed to the ease of procedures through the Sakani portal, where all procedures are carried out ... Read more

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