Month: September 2020

Investment Ministry issues 506 investment licenses during the first half

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Riyadh - Real Estate in Riyadh - Trade Names System

Reading time: < 1 MinuteInvestment - The «Investment Updates» report for the second quarter revealed that during the first half of 2020, the Ministry of Investment issued about 506 investment licenses, after recording a growth of foreign investments in the Kingdom for the first quarter by 20%, while it recorded an estimated decrease of 47% in the second quarter of 2020 as a result of the global economy being affected by the Coronavirus pandemic; according to the Investment Updates report for the quarter ... Read more

Abdulaziz Al-Issa writes: Charitable Organizations. Waiting and cons

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Abdulaziz Al-Issa - Third Amlak Centennial - Lifting the land moratorium - Saudi Media - Vision 2030

Reading time: 2 MinutesReal Estate - Charitable associations have provided ample opportunities for citizens and institutions to participate in community good deeds out of solidarity and compassion, by donating what is more than the need, and we do not deny that these associations play a major role in mending the social fabric and benefiting a large group of their services, whether from the donors or from the beneficiaries who are gifted with what ... Read more

Monsha'at answered Amlak's questions and inquiries: 170 thousand establishments working in activities supporting the real estate sector

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Monshaat answers questions about real estate

Reading time: < 1 MinuteThe Small and Medium Enterprises Authority revealed, in a special interview with the real estate newspaper «Amlak», that the total number of small and medium enterprises is more than 170 thousand enterprises, which constitutes more than 30% of the total number of enterprises in the Kingdom, and Monshaat explained that through the indirect lending initiative, the number of beneficiaries in real estate activities reached 35 enterprises with a total amount of 110 million ... Read more

«Contractors Authority» calls for mandatory linking of large projects with small companies

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Contracting - Construction

Reading time: 2 Minutes22 initiatives focused on the challenges of the sector Contracting - The Saudi Contractors Authority called for accelerating the pace towards providing services and initiatives that enhance the growth of the sector by obliging large companies to commit to projects with small companies, to come within the many programs launched by the Authority for the period from 2020 to 2024. The Authority explained that 98.5 percent of the companies operating in ... Read more

Bank Albilad adopts solar energy system in the General Administration Building

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Bank Albilad Solar Energy - Real Estate

Reading time: < 1 MinuteReal Estate Finance - Bank Albilad has launched a qualitative initiative in the field of environment by establishing a solar energy system in Albilad Tower «General Administration Building in Riyadh, King Fahd Road» spread over an area of 1743 square meters. This initiative is one of the largest initiatives using renewable energy with a sustainable impact in the field of environmental preservation, which greatly helps ... Read more

Saudi Contractors Authority plans to implement 4 programs to provide qualified nationals to work

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Goal and Contractors Contracting

Reading time: < 1 MinuteThe Saudi Contractors Authority, in cooperation with the Ministry of Human Resources and Social Development and the Human Resources Development Fund (Hadaf), plans to implement a number of programs to provide qualified national cadres in four specialties to work in the contracting sector as part of the program to localize the contracting sector, in order to enhance the role of the Authority in overcoming the difficulties facing the contracting sector and its workers, including attracting national cadres ... Read more

Dr.. Dr. Hussam Youssef writes about Amlak's 200th issue

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Management - Intelligence - Management Science - Real Estate

Reading time: < 1 MinuteAqar - Today marks the publication of the 200th issue of «Amlak» real estate newspaper, which has spared no effort in providing readers with news and economic analysis related to real estate and highlighting the most prominent trends in the real estate market to serve those interested, workers and even customers wishing to enter this market, which includes a very diverse constellation. The newspaper is also moving forward in ... Read more

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