Month: January 2020

Saudi Accountants Forum concludes with the participation of 150 organizations from the public and private sectors

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Saudi Accountants Conference

Reading time: 2 MinutesWith the participation of 150 entities from the public and private sectors, the first edition of the Saudi Accountants Forum (SAF), which was held from January 27 to 29 under the slogan “The Accounting and Auditing Profession. Organized by the Saudi Organization for Certified Public Accountants (SOCPA) at the Riyadh International Convention and Exhibition Center, the conference aims to demonstrate the important role played by ... Read more

Ministry of Housing hands over housing units to a number of beneficiaries in Diyar Al Saad project in Riyadh

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Reading time: < 1 MinuteThe Ministry of Housing continued to hand over beneficiaries their homes, as the Minister of Housing, Majid bin Abdullah Al-Hogail, recently handed over a number of beneficiaries of the “Residential” program their housing units in the “Diyar Al-Saad” project located in the residential suburb of “Al-Jawan” north of Riyadh, which can accommodate more than 100 thousand people, according to the partnership with the private sector, and stressed the need to quickly complete the remaining stages in ... Read more

Ministry of Justice directs to stop all planning and zoning work for new Tuwaiq Reserve lands

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Reading time: < 1 MinuteDeputy Minister of Justice Saad bin Mohammed Al Saif directed all courts and notaries to stop all planning, division and fragmentation works in Tuwaiq Reserve, including centers, villages, residential complexes and farms, and to gradually transfer inappropriate activities, inventory government lands and take measures to protect them. The directives were based on the proposal of His Royal Highness the Crown Prince and Vice President of ... Read more

Al Ahli REIT 1 selects Al Andalus Real Estate as operator of Al Andalus Mall

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Reading time: < 1 MinuteThe board of directors of Al Ahli REIT 1 has approved the appointment of Al Andalus Real Estate as the operator of Al Andalus Mall, replacing the current operator, Hamat Real Estate, with the new operator. Al-Andalus Real Estate (the new operator) owns more than 5% of the fund's units and, in addition to being the fund's real estate agent, is considered a related party, Al Ahli Financial said. The Al Ahli ... Read more

The Ministry of Justice completes its readiness to deal with the electronic real estate deed during the first quarter of 2020

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Ministry of Justice Courts - Real Estate Deeds - Commercial Cases - Real Estate

Reading time: < 1 MinuteThe Ministry of Justice confirmed the completion of its readiness to move to the electronic real estate deed, which will replace the paper real estate deed in any new real estate operation during the first three months of 2020, and the ministry indicated that it has completed the final procedures for dealing with the electronic instrument, noting that the beneficiary will receive text messages with the data of real estate instruments with an electronic link to the Najez portal, as there is a digital wallet ... Read more

Saudi Accountants Forum launches its activities and launches the Kingdom's Accounting Concepts and Standards Manual

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Saudi Accountants Conference

Reading time: 2 MinutesUnder the patronage of Dr. Majid Al-Qasabi, Minister of Commerce and Investment, the first edition of the Saudi Accountants Forum (SAF) kicked off on Monday under the slogan “Accounting and Auditing Profession. The forum, organized by the Saudi Organization for Certified Public Accountants on the sidelines of the G20 meetings, will continue until tomorrow, Wednesday, January 29, at the Riyadh International Convention and Exhibition Center, and the conference aims to demonstrate ... Read more

(Dr. Hussam Youssef writes an administrative chat and highlights the accountability of the corrupt

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Management - Intelligence - Management Science - Real Estate

Reading time: 2 MinutesMonitoring is one of the important stages of the entire administrative process, a process that is built on the main foundations agreed upon by most scholars, namely planning, guidance, organization, and control. Those interested in administrative affairs, such as Henri Fayol, the founder of the scientific management school, Murray, and Peter Drucker, have given control the utmost importance, because it is a process aimed at ensuring that the set goals and policies ... Read more

Riyad Bank profits rise to 5.8 billion in fiscal 2019

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Riyad Bank - Off-plan Selling - Real Estate Finance

Reading time: < 1 MinuteRiyad Bank achieved profits during the fiscal year 2019 amounting to 5.8 billion riyals, an increase of 81% over fiscal year 2018. Special commission income totaled SAR 10.3 billion, up 24% from the same period in 2018. Assets amounted to SAR 265.7 billion, up 15.6 TP3T from 2018, while earnings per share amounted to SAR 1.87 compared to ... Read more

Second Engineering Conference and Exhibition adopts 108 scientific papers in 9 tracks

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Reading time: 2 MinutesThe Scientific Committee of the Second International Engineering Conference and Exhibition has so far approved 108 scientific papers within the nine engineering tracks set by the committee for the conference organized by the Saudi Council of Engineers from March 2-5, under the patronage of the Minister of Commerce and Investment, Dr. Majid Al-Qasabi, at the Four Seasons Hotel in Riyadh. 9 engineering tracks in the conference and explained ... Read more

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