Month: February 2021

Sales continue in the first phase of Rawasen Residential Project«

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Riyadh company

Reading time: < 1 MinuteMashrou« - Al Tamimi Trading and Undertakings Company (TIMCO), in cooperation with Israr Real Estate Consultants, revealed that the first phase of the Rawasen Residential Project, which includes residential units consisting of 400 apartments and 290 townhouses with suitable spaces to meet the needs of Saudi families, with a capacity of about 3600 people. According to Engineer Fahad Al Tamimi, Chairman of the ... Read more

«Emaar Executive signs contract with Metco to implement data infrastructure

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Electronic Emaar Executive

Reading time: < 1 MinuteEmaar Executive signed a partnership contract with Middle East Mission Company (METCO), to implement infrastructure works in the field of information technology, data centers, all electronic business systems and light current, at the headquarters of METCO in Riyadh, in the presence of Mr. Abdullah bin Mohammed bin Muammar, General Manager of Emaar Executive, and Osama Shasha, General Manager of METCO. Abdullah emphasized ... Read more

Humanizing Riyadh to keep pace with the economic boom

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Humanizing Riyadh

Reading time: < 1 MinuteHe wrote: Muhammad Al-Amin Jamous, with confident and balanced steps, the city of Riyadh is moving to be the most attractive city in the world, as His Royal Highness Prince Muhammad bin Salman bin Abdulaziz, Crown Prince, may God protect him, revealed that the future vision is heading to the Saudi capital to be on the list of the ten largest economic cities in the world; This, of course, needs a huge and mighty work to overcome ... Read more

Adeer Real Estate signs agreement to market Saudi Oger's properties in Saudi Arabia

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Adeer Real Estate - Real Estate

Reading time: < 1 MinuteAdeer Real Estate Company has signed an agreement with the bankruptcy trustees of Saudi Oger Company Limited to market and sell the properties of Saudi Oger Company Limited in the Kingdom of Saudi Arabia. The agreement was signed by Adeer's co-founder and CEO, Mitab bin Hamad Al Saad, and Saudi Oger's bankruptcy trustees, Dr. Mohammed Fida Bahgat and Mr. Assad Saleh Basudan, following Adeer's success in ... Read more

Immediate closure of violating establishments. Majid Al-Haqeel directs tightening control over markets and restaurants

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Page 2 - Real Estate News

Reading time: 2 MinutesImmediate closure of violating establishments ... Majid Al-Hogail directs to tighten control over markets and restaurants Real Estate News - Minister of Municipal and Rural Affairs and Housing Majid Al-Hogail directed to tighten control over markets, restaurants and all shops related to public health, and to immediately close facilities that are not committed to precautionary measures and impose the harshest penalties against them. In a tweet on his official Twitter account, he mentioned ... Read more

Development of 4 white fee lands in Riyadh

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Zasum White Lands in Riyadh

Reading time: < 1 MinuteThe «White Lands» program of the Ministry of Municipal and Rural Affairs and Housing announced the completion of the development of 4 lands subject to fees by their owners in the city of Riyadh with an area exceeding (877) thousand m2. In a press release, the program explained that the lands provide 1600 residential plots in Riyadh, within the framework of the program's aim to combat monopolistic land practices and contribute to ... Read more

Editor-in-Chief Abdulaziz Al-Issa writes: Riyadh Proactive thinking

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Abdulaziz Alissa Riyadh

Reading time: < 1 MinuteThe general features of the Riyadh city strategy have opened the door wide for the real estate sector to prepare for this upcoming qualitative boom, as the state, may God help it, plans with its executive systems to make the Kingdom the global capital for qualitative investments by attracting major international companies and brands to launch from the jewel of the desert Riyadh, this will definitely increase commercial real estate investment opportunities; the major companies coming will ... Read more

6 reasons to invest in industrial real estate

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Ghadeer Rashwan - Industrial Real Estate

Reading time: 2 MinutesIndustrial real estate is of great importance in achieving economic development in terms of jobs, job opportunities and capital formation. It is worth mentioning for this topic that we address the search for answers to the sub-questions: What is the theoretical framework for industrial real estate? Reasons for investing in industrial real estate? Despite the great importance of real estate in moving the wheel of investment forward, and the resulting ... Read more

Coming soon. Launching the Shamsi portal dedicated to small solar energy systems

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Solar Energy - Renewable Energy System

Reading time: 2 MinutesThe Ministry of Energy has revealed the readiness of small solar photovoltaic (PV) systems that allow consumers to produce electricity from their homes or facilities and connect them to the Kingdom's public electricity grid distribution systems, including providing a calculator to determine the economic feasibility of installing a solar PV system ... Read more

1.1 million Saudi families have benefited from the solutions and initiatives of the Residential Program

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Home Finance - Real Estate Loans - Residential Projects - Residential

Reading time: 2 MinutesOfficial data released by the monthly reports of the “Residential” program revealed that the average number of families who lived in their homes during the past year exceeded 12 thousand new families per month, achieving a 50 percent increase compared to 2019, which recorded an average ownership of eight thousand families. While the average number of beneficiaries per month increased to 40 thousand families during 2020, with a growth of 67 ... Read more

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