Month: November 2020

The Real Estate Developers Services Center “Etmam” Completes the Review of the “Gateway to the East” Project Plan”

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real estate - building permits - projects - residential real estate development - projects - schemes - residential projects

Reading time: < 1 MinuteThe Real Estate Developers Services Center “Etam” announced the approval of the first private-sector residential development plan in Riyadh, covering a total area of 5,833,835 square meters and comprising 6,723 plots, for the “Bawabat Al Sharq” project, as part of the residential plans developed in partnership with the Ministry of Housing. Etam stated that the residential plan sorting service is the latest service to be launched, joining the services… Read more

Officially... The Ministry of Human Resources launches the Contractual Relationship Optimization Initiative Implementation in March

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Ministry of Human Resources - soft loans

Reading time: 2 MinutesThe Ministry of Human Resources and Social Development confirmed that the initiative to improve contractual relationships, launched yesterday, Wednesday, November 4, 2020, will take effect in March 2021. It noted that the initiative offers three main services: career mobility, the development of exit and re-entry mechanisms, and the development of final exit mechanisms. The “Wadi” program for resolving labor disputes. The Ministry stated that … Read more

Ibn Hatlin inaugurates the 230-room Anova Al-Sayahid Hotel, offering extensive services to camel owners

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Opening of the Anova Hotel

Reading time: < 1 MinuteWith a capacity of 230 rooms, as well as two meeting rooms, a health club, and an outdoor park, the The Anova Hotel, the first of its kind in the area surrounding the King Abdulaziz Camel Festival in Southern Al-Sayhad, was inaugurated under the patronage of Sheikh Fahd bin Falah bin Hatlin, Chairman of the Camel Club, Founder and President of the International Camel Organization, and President of the Federation … Read more

Sales on Thiqah’s online auction platform exceed one billion riyals

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Thiqah Company Online Auction

Reading time: < 1 MinuteThiqah’s online auction platform has revealed that sales have exceeded one billion riyals since its launch in March of this year. The platform has hosted 230 auctions, and approximately 7,271 users have benefited from its services. It added that users can view the auctions by visiting emazad.sa and reviewing all past and current auctions with all partners. The platform explained that … Read more

31,000 households benefited from housing options in September 2020

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Residential Housing Projects - September Report

Reading time: 2 Minutes96.63 households have actually moved into their homes. The Minister of Housing, Majed Al-Hogail, revealed last week that more than 31,000 families benefited from housing options under the housing program during September 2020, noting that the number of Saudi families who moved into their homes last month reached 12,230. Al-Hogail said on his Twitter account regarding the total number of beneficiaries … Read more

Riyadh Chamber draws strategic directions for e-commerce business

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Riyadh Chamber - Businessmen Ceremony

Reading time: < 1 MinuteTrade – Last week, the Riyadh Chamber of Commerce, represented by its E-Commerce Committee, organized a workshop to define and outline the strategic directions for the committee’s work in the coming period. The event was attended by Board Member and Committee Chairman Mr. Abdullah Al-Ajlan, as well as a number of businesspeople and others interested in commerce. Al-Ajlan, for his part, emphasized that the workshop aims to discuss a number of issues and challenges facing this sector and develop solutions for them, … Read more

Isa Al-Isa writes: Individual real estate developers… Concerns and aspirations

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Real Estate Development - An Article by Isa Al-Eissa

Reading time: 2 MinutesReal Estate Development – The private sector plays a major role in achieving economic and social development, as it is considered the primary driver of economic growth in any country.  For this reason, our wise government has paid close attention to the private sector, given its significant advantages that qualify it to play a leading role in various economic and social fields, which has prompted economic policymakers to … Read more

Saudi Business Group delivers 25 recommendations to G20 leaders' representative

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Saudi Business Group - Economy

Reading time: 2 Minutestest.amlak.net.sa/%D9%81%D8%B1%D8%B5-%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1%D9%8A%D8%A9-%D9%84%D9%84%D9%82%D8%B7%D8%A7%D8%B9-%D8%A7%D9%84%D8%AE%D8%A7%D8%B5-%D8%A8%D9%8A%D9%86-%D8%A7%D9%84%D9%85%D9%85%D9%84%D9%83/(%D9%8A%D9%8F%D9%81%D8%AA%D8%AD في علامة تبويب جديدة) اقتصاد – أصدرت مجموعة الأعمال السعودية في ختام قمتها الأسبوع الماضي، 25 توصية تهدف إلى إنعاش الاقتصاد العالمي وإرساء أسس لاقتصادات أكثر متانة في مواجهة التحديات المستقبلية إلى قادة مجموعة العشرين التي يمثلها بالنيابة عن خادم الحرمين الملك سلمان بن عبدالعزيز -حفظه الله-، وزير الاستثمار خالد بن عبدالعزيز الفالح، وتعتبر … Read more

“Zakat & Income reviews 12 cases excluded from real estate transaction tax

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Reading time: 2 MinutesThe General Authority for Zakat and Income Tax (GAZT) reviewed the areas of application of the tax and the cases excluded from application during a workshop organized remotely by the Eastern Chamber under the title "Real Estate Transaction Tax" recently The Authority explained that all transactions that take place in the form of sales and the like are subject to real estate transactions tax, as stated in the simplified guide and the content of the ... Read more

Dar Al-Qiyas Real Estate will put 12 properties up for public auction in Riyadh tomorrow, Monday

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Dar Al-Qiyas Real Estate Auction

Reading time: < 1 MinuteReal Estate Auction – Dar Al-Qiyas Real Estate has finalized arrangements to hold a real estate auction tomorrow, Monday, November 2, at the Adwaa Laylati Hall, in collaboration with the Support and Liquidation Center. The auction features a selection of prime properties in Riyadh that offer the best returns, according to a study conducted by the company on real estate and various building systems. The company explained that the auction … Read more

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