During the fourth meeting organized by the Riyadh Chamber Riyadh Industrialists Council seeks solutions to recover 700 million riyals for factories

Investment opportunities

Reading time: 3 MinutesThe Riyadh Chamber of Commerce, represented by the Industry, Energy, and Mineral Resources Committee, organized the fourth meeting of the Riyadh Industrialists Council, under the generous patronage of Minister of Industry and Mineral Resources Bandar Al-Khorayef and in the presence of Deputy Minister of Industry and Mineral Resources Eng. Osama bin Abdulaziz Al-Zamil and Deputy Minister for Mining Affairs Mr. Khalid bin Saleh Al-Mudayfer, and the Chairman of the Board of Directors of the Riyadh Chamber, Ajlan Al-Ajlan. The meeting took place at the … Read more

“Residential” program adds 6 residential schemes that provide 3028 free land plots

Residential schemes

Reading time: 2 MinutesThrough the “Sakani” program, the Ministry of Housing continued to release new housing plans, adding six new ones via the online portal. These are part of the housing plans available for free land that the program continues to release monthly through its portal, allowing beneficiaries to choose the housing plan that suits them best. The Ministry encourages beneficiaries wishing to obtain free land to visit the program’s website. (Housing plans … Read more

The Real Estate Developer Services Center “Completion” approves 37 plans during October

Real Estate Development Center

Reading time: 2 MinutesThe Real Estate Developers Services Center “Etam,” affiliated with the Ministry of Housing, announced via its official Twitter account that 37 plans were approved last October. Etam explained that the approved plans covered 11 areas, with a total area of 53 million square meters. (Real Estate Development) The Real Estate Developers Services Center noted that the Jazan region came … Read more

An opportunity for investment and housing Makkah Treasures Auction Company offers 59 plots of land in Dammam in a public auction next Monday

Real estate auction

Reading time: 2 MinutesAmlak - Exclusive: Kanooz Makkah Auctions has invited businessmen and real estate investors to attend the major public auction organized by the company after Asr prayer on Monday, November 25, 2019, at the Al-Maha Hall of the Kempinski Al-Othman Hotel in Al-Dhahr. The auction is being held pursuant to an order from the Dammam Enforcement Court to sell 59 investment plots in a development in the … neighborhood. Read more

With 1000 media professionals from 32 countries in attendance. Saudi Media Forum to discuss the relationship between media and diplomacy on Dec. 2 in Riyadh

Investment Opportunities - Investment

Reading time: 3 MinutesWith ministers, international figures, and media professionals from 32 countries, as well as more than 1,000 media representatives in attendance, the Saudi Journalists Association is organizing the first edition of the Saudi Media Forum in the capital, Riyadh, on December 2 and 3. The forum will discuss a number of important topics presented to experts and specialists, review the current state and future of the media industry, and explore available investment opportunities, in addition to the signing of … Read more

In a gesture described as positive. Dr. Majid Al-Qasabi invites citizens to participate in municipal decision-making

Municipal and Rural - Real Estate

Reading time: 2 MinutesAmlak – Exclusive: Dr. Majid Al-Qasabi, Acting Minister of Municipal and Rural Affairs, called on his official Twitter account everyone to submit suggestions and opinions regarding the development of municipal work, particularly concerning technical specifications and requirements for the reopening of restaurants, schools, and commercial activities. Al-Qasabi emphasized that communication with citizens is the way to continue improving procedures … Read more

«Amlak surveys GCC nationals on the decision to dispose of their real estate Specialists and real estate professionals: The decision will contribute to oversupply and moderate real estate market prices

Real estate prices

Reading time: 4 MinutesThe decision issued by the Ministry of Justice, in which it ruled that the Ministry would grant citizens of the Gulf Cooperation Council (GCC) states permission to dispose of the land they own before the four-year period originally set prior to the decision expires, has attracted significant attention from national and Gulf investors, given its implications for rectifying the status of many properties that had been frozen and remained frozen… Read more

Itqan Real Estate announces the completion of its readiness to launch the “Jewel of Packages” plan in Riyadh soon

Riyadh real estate

Reading time: 2 MinutesItqan Real Estate has announced that it is ready to put the Jawhara Al-Hazm development in Riyadh up for public auction soon, The company explained that the project boasts an attractive strategic location near densely populated areas with high levels of residential and economic activity across various sectors. “Jawhara Al-Hazm” is close to the Al-Shafa, Al-Suwaidi, and Namar neighborhoods, and is easily accessible via various roads such as … Read more

Real estate report. Riyadh apartment and villa sale prices drop and housing projects increase booking rates

Real Estate Index - Riyadh City

Reading time: 3 MinutesThe Saudi real estate market saw a decline in apartment and villa sales prices of 6.1% and 5.1%, respectively, compared to the previous quarter; the rate of decline fell to 1.1% for both categories. At the same time, rental prices for apartments and villas fell by 11% compared to the previous year, with no significant change compared to the previous quarter. This was reported in a report by Jones Lang LaSalle (JLL)… Read more

New Administrative Capital receives 60 requests to establish embassies in Cairo's diplomatic neighborhood

Real Estate - Egyptian Real Estate

Reading time: 3 MinutesThe New Administrative Capital Company in Cairo, in collaboration with the Urban Communities Authority, has begun completing the road network within the Diplomatic Quarter, «Embassy District,» in addition to completing a significant portion of the utilities—water, electricity, and sewage—within the Embassy District. A spokesperson for the New Administrative Capital confirmed that the number of applications submitted so far from Arab and foreign countries has reached 60, noting that … Read more