Month: December 2019

UNDP provides technical support for “Developmental Housing” initiatives”

by

Reading time: 3 MinutesThe Ministry of Housing signed a technical support project agreement with the United Nations Development Program (UNDP) in the presence of HRH Prince Saud bin Talal bin Badr, Advisor and General Supervisor of the Ministry's Agency for Housing Support and Beneficiary Services and the International Cooperation Department. (This comes within the framework of the Ministry of Housing's endeavor to benefit from international experiences and expertise in ... Read more

The Public Pension Agency intends to develop and invest 100 thousand square meters In agreement with “Riyadh Capital”

by
real estate

Reading time: 3 MinutesThe Public Pension Agency (PPA) plans to develop its land and build an integrated commercial area with rental areas of approximately 100,000 square meters, including office, commercial and recreational uses, by establishing a real estate investment fund in agreement with Riyad Capital. On this occasion, Mohammed bin Talal Al Nahhas, Governor of the Corporation, explained that the agreement comes within the Corporation's strategic plan 2022, which ... Read more

Shura Council calls on Kafalah to develop financing incentives to encourage investment in industry, technology and services

by
Shura Council - Housing Projects - Kafalah Program - Financing - Real Estate

Reading time: 3 MinutesThe Shura Council called on the SME Finance Guarantee Program to develop financing incentives to encourage businessmen to invest in the fields of industry, technology and logistics in order to achieve the goals of the Kingdom's Vision 2030. The council called on the program to coordinate with the Saudi Arabian Monetary Agency (SAMA) to consider the possibility of reducing the fees and interest rates for financing loans below market rates and ... Read more

As of the end of November 2019 69 billion riyals worth of real estate loans to individuals from financial institutions

by
Mortgage Loans - Real Estate Finance

Reading time: 4 MinutesNew mortgage loans provided to individuals by all financial institutions from commercial banks and financing companies until November 2019 amounted to 155,893 contracts with a total value of more than 69 billion riyals, according to the monthly statistical bulletin issued by the Saudi Arabian Monetary Agency (SAMA). Residential loans recorded a growth rate of 254% in the number of loans and about 167% in their volume during 2019 ... Read more

Analysis... Saudi Arabia's REITs are positive for 9 months

by
Real Estate Funds - Saudi Stocks

Reading time: 4 MinutesCairo - Islam Motassem: The REIT sector index, listed on the Saudi Stock Exchange, witnessed a remarkable rise during 2019, especially in the first 9 months after the return of monthly gains, and the sector index ended September trading with a rise of 0.94%, adding 35.4 points to its balance, rising to 3,822.74 points, to return to its monthly gains again, and raise ... Read more

1.22 million homes expected to be financed during Vision 2030

by
Retail Housing Finance

Reading time: 4 MinutesAs the real estate community is optimistic about the recovery of the real estate market and the convergence of the supply and demand indicators through the results achieved in the past year 2019, in which the numbers of real estate financing provided by banks and financing bodies to individuals jumped, a real estate report predicted that about 1.22 million homes are likely to be financed by providing mortgage loans supported by government programs, during ... Read more

Alinma Bank passes the global standard for business continuity

by
Real Estate Finance - Mortgage Loans

Reading time: 3 MinutesAlinma Bank has achieved the ISO 22301 standard in the field of business continuity after passing the audit of all the required standards by the British Standards Organization (BSI), which is one of the most important organizations that play a leading role in setting international standards. On this occasion, Alinma Bank's Chief Executive Officer, Abdul Mohsen bin Abdulaziz Al Fares, emphasized that the bank's achievement of the ... Read more

The Capital Market Authority Approves the Offering of 30% Shares of Amlak International Real Estate Finance

by
Amlak International - Real Estate Finance

Reading time: 3 MinutesThe Capital Market Authority (CMA) has approved Amlak International Real Estate Finance Company's request to offer 27,180,000 shares for public subscription representing 30% of the company's shares, and the prospectus will be published well in advance of the start date of the subscription, and the CMA's approval of the request is effective for a period of 6 months from the date of the CMA's decision, and the approval is canceled if the offering is not completed and listed ... Read more

Ministry of Finance signs agreement with Saudi Investment Bank to develop covenant disbursement method

by
Bank financing

Reading time: 3 MinutesThe Ministry of Finance activated the project to develop the method of exchange from the covenant using bank cards, through an agreement with the Saudi Investment Bank (SIB), in the presence of the head of the Ministry's steering committee, Abdulaziz Al-Freih, and a number of ministry employees and representatives of the bank and Visa. (The agreement was signed by Hamad Al-Kanhal, Undersecretary of Finance and Accounts, and Faisal Al-Omran, CEO of The Saudi Investment Bank. He explained ... Read more

Al Rajhi Bank concludes the “Corporate Credit Risk Management” program”

by
Al Rajhi Bank

Reading time: 3 MinutesAl Rajhi Bank has concluded the “Corporate Credit Risk Management” program implemented at Al Rajhi Academy's School of Banking, in partnership with Moody's Global Analysis. The program, which lasts between nine and twelve months, awards multi-level certificates. (Mortgage loan). The program relies on a diverse curriculum to enhance the credit capabilities ... Read more

© 2026 Amlak Real Estate Newspaper | All rights reserved.