Month: March 2020

Residential - Commercial - Recreational Dhahran Boulevard is a real estate investment opportunity

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Dhahran Boulevard Project - Residential Project

Reading time: < 1 MinuteThe Dhahran Boulevard project, proposed by the Eastern Province Municipality, attracted the attention of investors for being one of the important investment opportunities - at the Municipal Investment Forum «Opportunities.» Mohammed bin Abdulaziz Al-Sufyan, spokesperson for the Eastern Province Municipality, explained that the participation of the Municipality in the forum aims to present the investment opportunities available in the region, and present all the services and facilities provided by ... Read more

International Engineering Conference and Exhibition kicks off yesterday with nine tracks and a robot keynote address

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Coverage - Corps of Engineers Conference & Exhibition - Real Estate

Reading time: 3 MinutesWith the participation of experts and specialists from 27 countries, the Saudi Institution of Engineers launched the Second International Engineering Conference and Exhibition in Riyadh to discuss the role of the engineering sector in the development of the national economy through nine tracks in which 110 scientific papers are presented during four days, and the opening ceremony was honored by HE Minister of Transport Engineer Saleh Al-Jasser on behalf of Minister of Information and Trade Dr. Majid Al-Qasabi, and in the presence of ... Read more

Ministry of Justice begins publishing rulings on cassation appeals against rulings issued in commercial cases

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

Reading time: < 1 MinuteThe Ministry of Justice has started publishing the rulings issued by the Supreme Court in cassation appeals against the rulings issued by the courts of appeal in commercial cases. This step came in parallel with the directive of the Minister of Justice, Chairman of the Supreme Judicial Council, Sheikh Dr. Walid bin Mohammed Al-Samaani, to publish the commercial rulings that have gained finality through the Ministry's portal. Read more

Minister of Housing honors the beneficiaries of the real estate brokerage program and emphasizes stimulating the development of new activities and professions in the sector

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Honoring the beneficiaries of real estate brokerage - Real Estate

Reading time: 2 MinutesThe Minister of Housing, Majid bin Abdullah Al-Hogail, stressed the great and important role played by the Real Estate Brokerage Development Program in providing housing services in an appropriate manner that meets the aspirations of everyone, in addition to its contribution to the advancement of the sector by providing a package of incentives and enablers through managing owners' associations, technically inspecting units, providing and facilitating other necessary services, as well as providing packages ... Read more

Ministry of Human Resources and Social Development Launches Establishment Visa Service for Business Owners

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Ahmed Al Rajhi - Real Estate

Reading time: 2 MinutesThe Minister of Human Resources and Social Development, Engineer Ahmed Al-Rajhi, revealed the launch of a service that grants establishment visas to business owners through the «Qawwa» platform to provide everything that supports the growth and acceleration of businesses according to specific requirements and criteria to obtain these visas, where this service can be utilized immediately through the electronic portal of the platform without the need for paper documents or ... Read more

Projects jump to 7,000 investment opportunities 17 Municipal Investment Forum's «Opportunities» compete to attract real estate capital

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Investment Opportunities Forum

Reading time: 3 MinutesThe Municipal Investment Forum and Exhibition «Opportunities» concluded The forum, which was organized by the Ministry of Municipal and Rural Affairs under the theme «The role of municipal investments in achieving the goals of Vision 2030», included 28 sessions and workshops, in which 63 speakers participated, in addition to the secretaries of the secretariats; ... Read more

Rising to 214.997 billion riyals Real estate loans to individuals jump in 2019

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Retail Housing Finance

Reading time: 2 MinutesThe value of real estate loans provided by Saudi banks and financing companies to individuals recorded a qualitative leap in 2019, rising to about 214.997 billion riyals, an increase of 40 percent, equivalent to 61.381 billion riyals from the previous year 2018, which amounted to 153.615 billion riyals. The value of real estate loans that do not include housing finance reached ... Read more

«White Lands» program announces the availability of 225 new residential plots in Dammam

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Real Estate - Residential Land - White Land

Reading time: < 1 MinuteThe «White Lands» program revealed the provision of 225 new residential plots in Dammam, confirming the completion of the development of two lands subject to fees by their owners with an area of 135,136 meters, as their planning was approved by the Ministry of Municipal and Rural Affairs, within the framework of the program's aim to end monopolistic land practices and contribute to the creation of a balanced real estate market. (Residential land). The program explained in a statement ... Read more

Public Authority for Endowments launches crowdfunding platform for endowment projects

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Financing projects

Reading time: < 1 MinuteThe General Authority for Endowments announced that it is working on launching a crowdfunding platform through which it aims to engage the community in contributing to the financing of endowment projects and achieving financial sustainability for the non-profit sector through a digital platform that enhances transparency in the support process. The Authority indicated that the platform comes as one of the digital transformation initiatives that achieve its objectives in the Kingdom's Vision 2030, which aims ... Read more

Minister of Housing inspects «Sea View» project; Anan announces the completion of sales and reservations

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Residential Projects - Anan Real Estate Company

Reading time: 2 MinutesThe Minister of Housing, Majid Al-Haqeel, recently inspected the Sea View project, the largest residential project in the city of Khobar, and witnessed the levels of achievement in the project, as part of the ministry's keenness to follow up on projects for housing beneficiaries. On this occasion, Mr. Bandar Al Dahik, CEO of Anan Real Estate, confirmed that the project has been fully sold and booked, and praised its strategic location ... Read more

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