The General Real Estate Authority is considering amending the regulation of non-Saudis owning real estate and establishing controls and requirements for this

3500 illegal real estate ads

Reading time: 2 MinutesThe Governor of the Saudi Real Estate Authority, Issam Al Mubarak, revealed that the authority is studying the regulation of non-Saudis owning real estate and setting controls and requirements for this in areas targeted for development. He explained that the authority is working on preparing an integrated concept for submission to the concerned authorities in order to enhance investment in the sector, and confirmed the submission of the comprehensive strategy for the real estate sector to the Council of Economic and Development Affairs ... Read more

Dubai Land Department's real estate transactions record more than AED 526 million last week

Dubai Real Estate - Dubai Real Estate Actions

Reading time: < 1 MinuteReal estate transactions at the Dubai Land Department (DLD) last week amounted to more than AED 526 million. The department witnessed 128 sales worth AED 260.39 million, including 13 land sales worth AED 128.74 million and 115 sales of apartments and villas in Dubai real estate worth AED 131.65 million. The most important land sales worth AED 71 million came in the City of ... Read more

Ministry of Interior sets penalties for violators of health and safety protocols

Interior Ministry measures

Reading time: 2 MinutesAn official source at the Ministry of Interior stated that, further to the announcement made on 14 Ramadan 1441 AH regarding the adoption of the regulation on limiting gatherings that contribute to the spread and transmission of the novel coronavirus and the classification table of violations, the regulation has been amended and the classification table has been updated to include another number of violations for precautionary measures and preventive measures, and the penalties prescribed for them, as follows: ... Read more

Amlak publishes details of the protocol for the construction sector and workers“ housing as life returns to normal

Contracting Sector Protocol - Projects

Reading time: 2 MinutesThe Ministry of Interior issued a package of precautionary measures and preventive «protocols» for the various sectors, prepared by the Ministry of Health to limit the spread of the new Corona virus, in conjunction with allowing employees and workers to return to their workplaces until life gradually returns to normal in the Kingdom, to be valid during the period from 8 Shawwal 1441 AH corresponding to May 31, 2020, to 28 Shawwal 1441 AH corresponding to 20 ... Read more

Ministry of Justice directs the launch of remote litigation service and issues its procedural guide

Conciliation platform

Reading time: < 1 MinuteIn continuation of the digital transformation system, the Minister of Justice and Chairman of the Supreme Judicial Council, Dr. Walid Al-Samaani, directed the launch of the “remote litigation” service and the approval of its procedural guide, which Amlak received a copy of, and this step supports the speed of completion and quality of outputs, and the activation and integration of the electronic litigation path in the Ministry of Justice. The “Remote Litigation” service includes All litigation procedures stipulated in the regulations ... Read more

6510 residential units in Khamis Mushait's Al Sadeem neighborhood Bookings exceed 60%

Sadeem Suburb Residential Projects

Reading time: < 1 MinuteThe percentage of reservations in the residential suburb of Al-Sadim in Khamis Mushait has exceeded 60% of the currently available units, and the rest of the units continue to be booked through the application and website of Sakani within easy procedures that reduce time and effort and immediate eligibility for Saudi families wishing to own property by taking advantage of the options of housing projects and various financing solutions electronically with the aim of increasing ownership rates to 70% by 2030. ... Read more

Automatic extension of tourist visas for 3 months free of charge

Riyadh City - Investment - Tourism - Real Estate - Real Estate Offices - Real Estate Investment

Reading time: < 1 MinuteThe General Directorate of Passports, in cooperation with the National Information Center, announced the automatic extension of tourist visas for 3 months free of charge for tourists inside the Kingdom, whose visas expired during the suspension of international flights taken by the government as part of the precautionary measures to prevent the spread of the Coronavirus in the Kingdom. (Tourism). Passports explained that this step comes ... Read more

Investment Ministry reveals it issued 348 licenses for foreign investments during the first quarter of 2020

Ministry of Investment - Economic Indicators

Reading time: 2 MinutesIn conjunction with the beginning of the return to normal life in the Kingdom, the Ministry of Investment announced the issuance of 348 licenses for foreign investments during the first quarter of 2020, an increase of 19% from the same period of 2019, and 20% from the last quarter of last year, while the movement of investment activity witnessed a slowdown during the last short period due to the repercussions of the Corona pandemic ... Read more

Ministry of Commerce prepares a three-phase implementation plan to return 2893 employees to their workplaces in various regions of the Kingdom

Ministry of Commerce - Commercial Register

Reading time: 2 MinutesThe Ministry of Commerce has prepared an implementation plan for the gradual return of its employees to workplaces after the precautionary measures taken by the Kingdom to limit the spread of the emerging coronavirus, as the plan has identified five directions to follow, namely job analysis, developing and introducing policies, enabling electronic transformation, preparing the work environment and communicating with employees, who number 2,964. According to the plan drawn from ... Read more

The Real Estate Fund deposits 844 million riyals in May and completes 71 thousand contracts during the first quarter of 2020

Real Estate Fund - Real Estate

Reading time: 2 MinutesThe Real Estate Development Fund revealed that the total financing contracts during the first quarter of 2020 amounted to about 71 thousand contracts worth more than 31.8 billion riyals, recording an increase of 127% compared to the same period of the previous year 2019, which recorded 31,462 contracts worth 14.9 billion riyals, which confirms the continuity of “Residential” in providing support to beneficiaries with the Fund's commitment to deposit the support ... Read more