With one week to go, Amlak publishes highlights of the amended REIT regulation

Amlak 217 - Real Estate Funds

Reading time: 2 MinutesThe Capital Market Authority clarified that the Real Estate Investment Funds Regulations and the amended Real Estate Investment Funds Regulations are intended to regulate and develop the capital market, support the growth of asset management in the Kingdom’s financial sector, provide additional sources of financing and refinancing for the economy, regulate aspects that promote institutional investment and enhance the quality of services provided to investors, and develop securities business activities, … Read more

Matar Al-Shammari writes: Important cautions when buying a residential apartment

Amlak 217 - Buying a Residential Apartment Matar Al Shammari

Reading time: < 1 MinuteBased on my experience in real estate, I’d like to share some tips to keep in mind when looking to buy a freehold apartment to ensure you find the right one: It’s best if the building isn’t on a main street to avoid noise.  It is preferable for the building to be located on two or three streets. Focus on the neighborhood’s entrances and exits. The fewer apartments in the building, the better. Availability … Read more

Infrastructure work has been completed for 4,487 residential lots in the “Buraidah City” residential development

Al-Qassim Capital Master Plan - Residential Land

Reading time: < 1 MinuteThe Land and Technical Affairs Agency at the Ministry of Municipal, Rural Affairs, and Housing announced the completion of all infrastructure work for the “Hadara Buraydah” residential project, located in the city of Buraydah in the Al-Qassim region. This is part of the Ministry’s efforts to develop residential projects across all regions of the Kingdom and to make reservations available online through the “Sakani” website and app via simple and accessible procedures.       The “Hadara Buraydah” development is located northeast of the city of … Read more

Ghadeer Rashwan writes: How wealth managers can recover and thrive

Ghadeer Rashwan - Corona

Reading time: 2 MinutesWealth management in the era of COVID-19 has taken two steps forward and one step back, recognizing that shifting consumer attitudes are forcing wealth managers to adapt in order to survive in the digital market environment of this new era.  Wealth managers must rethink how they segment and serve clients across the wealth continuum; new distribution channels will emerge as partnerships … Read more

Modern technology is expected to attract $1.1 trillion in consumer transactions by 2025

Internet of Things - Information Technology - Modern Technology

Reading time: < 1 MinuteTechnology experts have confirmed that modern technology—in the details of daily life, or what is commonly referred to as “Internet of Things,” has reached advanced stages in shaping service delivery and organizing economic and commercial activities in the Kingdom’s market. They predict that the economic impact of the “Internet of Things” will exceed $1.1 trillion by 2025, while the number of interconnected devices will reach approximately … Read more

The role of commercial courts in supporting the national economy by applying the financial reorganization procedure according to the Saudi bankruptcy law

Dr. Mohammed bin Fahad Al-Dosari - Commercial Courts

Reading time: 2 MinutesWritten by: Dr. Muhammad bin Fahd Al-Dosari. The economy is the foundation upon which a state is built, and it is the essential tool that elevates any country to the ranks of the world’s leading nations. Therefore, nations have always devoted the utmost attention to their national economies—whether in terms of forecasting the future, promoting economic studies, or addressing legal aspects closely related to economic matters, … Read more

21,000 families have benefited from the subsidized mortgage loan for self-build housing

Real Estate Unit - Housing Construction - Housing Sector

Reading time: < 1 MinuteThe number of households benefiting from subsidized mortgages to take advantage of the self-build option under the “Sakani” program during the first quarter of 2021 exceeded 21,000, This figure is part of the total number of households benefiting from “Sakani” during the first quarter of 2021, which amounted to 70,120 households that took advantage of the various financing solutions and housing options offered by the program, … Read more

Completion of the System for Monitoring State-Owned Properties and Protecting Them from Encroachments

The World of Journalism: Real Estate

Reading time: < 1 MinuteReal Estate – Ihsan Bafqih, Governor of the General Authority for State Real Estate, affirmed that the Cabinet’s approval of the rules for monitoring state real estate and removing encroachments represents a crucial qualitative leap toward completing the real estate system and protecting it from encroachments by various partners in the and to strengthen the Authority’s role as a key partner and actor, in cooperation with all relevant entities, in intensifying and implementing efforts to monitor encroachments … Read more

Sami Abdulaziz writes in real estate terminology: Marketing plan

Sami Abdulaziz - Real Estate Articles

Reading time: < 1 MinuteReal estate is one of the most important sectors and one that requires significant effort to market its units, as it is characterized by high prices and the difficulty of making a purchase decision due to the multitude and diversity of projects, as well as the varying payment methods and advertising strategies employed by real estate development companies. This highlights the importance of a marketing plan, and in this series of articles, we will explore the term “marketing plan.” Definition of a Marketing Plan: A plan … Read more

“The Ministry of Industry and Mineral Resources is directing factories located outside city limits, industrial zones, and industrial plans to rectify their situations

Infographic: Factories

Reading time: < 1 MinuteThe Ministry of Industry and Mineral Resources has called on all factories located outside industrial cities (and classified environmentally into Categories 1, 2, and 3) to promptly rectify their status by renewing and completing all licenses and requirements from the relevant authorities, in order to strengthen the industrial investment environment in the Kingdom, increase compliance rates to foster a competitive industrial environment, and to ensure that they are not adversely affected and can remain sustainable at their current locations … Read more