Month: February 2020

Al Ahli Bank signs real estate financing agreement for employees of the Ministry of Information

by

Reading time: < 1 MinuteAl-Ahli Bank signed a memorandum of understanding for exclusive mortgage financing, which provides an exclusive, comprehensive package and special offers for employees of the Ministry of Information, during a signing ceremony held last week between the Ministry of Housing and the Ministry of Information aimed at joint cooperation and providing financing benefits to help Ministry of Information employees secure suitable housing. This agreement comes within the framework of the distinguished partnership … Read more

Saudi-Russian cooperation to support investment opportunities in housing, investment management, city planning and development

by
Ministry of Housing and Russian Ministry of Construction Housing Projects

Reading time: 2 MinutesThe Ministry of Housing and the Russian Ministry of Construction, Housing, and Utilities signed a joint cooperation program stemming from a previously signed memorandum of understanding between the two countries, with the aim of supporting investment opportunities in the housing sector, and to exchange information on investment management in construction and urban development planning. This took place on the sidelines of the World Urban Forum, hosted by the Emirate of Abu Dhabi under the theme “Cities of Opportunity: Connecting Culture … Read more

The Real Estate Development Fund Issues Rules to Address Issues Concerning Individuals with Final Judgments Issued by Administrative Courts

by
Real Estate Finance - Mortgage Loan

Reading time: 2 MinutesThe Real Estate Development Fund has announced rules for handling cases involving individuals with final judgments issued by administrative courts regarding the disbursement of real estate loans, effective as of 2021. This is in accordance with Cabinet Decision No. 554, issued on 23-9-1440 AH. The Fund’s Board of Directors approved the rules and procedures for processing applications for such loans submitted by applicants prior to 23-7-1432 AH, and these were submitted to the National Development Fund in accordance with the Council’s decision… Read more

SMO Real Estate wins the Real Estate Development Award at the Middle East Institute of Excellence 2020

by
SMO wins real estate development award

Reading time: < 1 MinuteSamo Real Estate was awarded the Real Estate Development Award during the 2020 Middle East Institute of Excellence event, held recently in Dubai.  Samo Real Estate Company won this award for meeting the criteria that place it at the forefront of real estate companies in applying the latest real estate development methods in line with «Saudi Vision 2030,» which places great emphasis on the private sector, … Read more

Voting for the first time electronically and remotely Riyadh Chamber elections start today with the participation of more than 127 thousand voters

by
Riyadh Chamber Elections

Reading time: 3 MinutesToday, more than 127,000 voters are heading to the polls to elect the 18 members of the Riyadh Chamber of Commerce and Industry’s Board of Directors, who represent the merchant and industrialist sectors. Voting this time will be conducted electronically over three consecutive days via remote access, allowing voters to cast their ballots from their own locations. For its part, the Chamber has completed all preparations for the elections to begin during the period from … Read more

The Ministry of Housing Launches Three Housing Projects for Media Professionals in Riyadh, Dammam, and Jeddah

by
Housing Projects: Housing Agreement with the Ministry of Information

Reading time: 2 MinutesHousing Minister Majed Al-Hogail announced the launch of three housing projects for media professionals in Riyadh, Dammam, and Jeddah, Riyadh will have 828 housing units for which the infrastructure has been completed, while 434 housing units have been prepared in Dammam, and work is currently underway in Jeddah. This announcement came during the launch of the strategic partnership between the Ministry of Media and the Ministry of Housing yesterday in Riyadh … Read more

“Al Rajhi Real Estate Liquidation Board” in cooperation with Itqan Real Estate puts 4 properties up for auction February 24th

by
Al Rajhi Real Estate Liquidation Board - Real Estate Auction

Reading time: 3 MinutesThe Real Estate Liquidation Council for the Estate of Sheikh Saleh bin Abdulaziz Al Rajhi – may God have mercy on him – in cooperation with Itqan Real Estate Company, that the twelfth auction of the estate’s real estate holdings will feature four properties in the city of Riyadh with a total area of two million four hundred thousand square meters, on Monday, 30 Jumada al-Akhira 1441 AH, corresponding to February 24, 2020, at … Read more

The Ministry of Housing outlines its plans in Medina to streamline the process of obtaining building permits for beneficiaries

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

Reading time: 2 MinutesThe Ministry of Housing and the Department of Urban Planning and Central Plans at the Madinah Region Secretariat reviewed the Ministry of Housing’s plans on the Secretariat’s system, to facilitate the procedures for obtaining building permits for beneficiaries of free land grants under the Ministry of Housing’s housing support program, and explained the Ministry’s most important plans in Madinah and its provinces via a visual display. (Housing Plans) This came during a meeting held by … Read more

Dubai receives foreign direct real estate investments worth 106 billion riyals. Becoming a global model

by
Cityscape Dubai - Dubai Properties

Reading time: 3 MinutesThe real estate sector in the Emirate of Dubai is experiencing significant and dynamic growth; foreign direct investment in Dubai’s real estate sector rose to 106 billion dirhams in 2019, while in the previous year, 2018, it did not exceed 90.5 billion dirhams. Meanwhile, total real estate transactions in the emirate rose to 228 billion dirhams in 2019 compared to the year … Read more

Banque Saudi Fransi signs agreement with Housing Development Corporation

by
Saudi Fransi - Mortgage

Reading time: 2 MinutesWith the aim of strengthening the bank’s commitment to social responsibility, Banque Saudi Fransi has signed an agreement with the Community Development Housing Foundation to solidify the partnership between the Jana Rewards Program and the Jood Housing Platform, which aims to engage the community in supporting charitable housing initiatives. This partnership is the first of its kind for the Community Development Housing Foundation. (Mortgage) This partnership enables… Read more

© 2026 Amlak Real Estate Newspaper | All rights reserved.