Month: April 2021

52% of Saudi households want to use photovoltaic (solar) energy at home

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Solar Energy - Renewable Energy System

Reading time: 2 MinutesA recent report revealed that the number of households wishing to use photovoltaic (solar) energy in the home has risen to about 52.The report on the “Renewable Energy Sector Development Index in the Kingdom” reviewed the efforts to gradually shift to the use of alternative and renewable energy sources in the Kingdom, by clarifying the Kingdom's targets to increase the generation capacity of electricity and water referred from ... Read more

“Insan” Society spends more than 45 million riyals on housing projects during 2020

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Reading time: < 1 MinuteThe Charitable Society for Orphan Care (INSAN) in Riyadh spent more than 45 million riyals on housing projects in 2020, with the number of beneficiaries reaching 5802 families. The statistics issued by the association showed that the areas of housing in “Insan” included paying rents, buying and repairing houses, demolition, reconstruction and completion of construction. While about 35 million riyals were spent on paying ... Read more

Hani Khashoggi writes about the success of Saudi women: The big dream

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Saudi women

Reading time: 2 MinutesVision 2030 was more than inspiring and innovative when it bet on the ability of Saudi women to be an effective partner in the journey of advancing the Kingdom and redrawing the contours of a new state, based on all the sons of the country, both men and women. When the Crown Prince announced the vision in the summer of 2016, he chose to base the vision on strong pillars and constants, most notably the Saudi Eve ... Read more

The General Authority for State Properties offers 3 investment opportunities in Makkah

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State Real Estate Authority - Investment Opportunities - Real Estate

Reading time: < 1 MinuteReal Estate - The General Authority for State Real Estate has offered 3 investment opportunities consisting of lands on Al Mansour Street in the Jaroul neighborhood in Makkah Al Mukarramah. The opportunities are characterized by a vital geographical location 2.5 kilometers away from the Holy Mosque in a vital commercial area surrounded by many residential towers, hotels and commercial centers, with a lease period of 25 years in addition to a grace period ... Read more

“Municipality and Housing”: Fencing white land within 6 months

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Real Estate - White Land Fees

Reading time: < 1 MinuteThe Ministry of Municipal and Rural Affairs and Housing has given owners of white lands a six-month deadline to fence their lands, according to the lands concerned with fencing and in accordance with the specifications and instructions governing this; to address visual distortion by erecting a fence on them within the limits of his legal ownership. The Minister of Municipal and Rural Affairs and Housing stressed the need to specify the lands to be fenced, noting that the measure came based on ... Read more

«Amlak publishes the general features of the privatization system and 4 cases of termination of the partnership contract

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Privatization Private Sector

Reading time: 3 Minutes The committee has the right to unilaterally terminate the PPP contract and/or the affiliated contract before the expiration of its term in the event of bankruptcy or liquidation of the private party, and if the public interest so requires, or if the private party fails to fulfill its substantive contractual obligations, or fails to achieve the agreed quality level. In addition, the partnership shall be dissolved if the private party fails to fulfill its substantive contractual obligations, or fails to achieve the agreed quality level, after written notification ... Read more

Businesswomen talk to Amlak Saudi women have broken through the walls of the real estate sector and competed in completing deals

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Real Estate Sector Property Survey 216

Reading time: 3 MinutesReconnaissance: Saja Hassan: After the work of women in the Kingdom was limited to education, the health sector, and handicrafts, today they have become an important pillar in most areas of life and services needed by the citizen; they were able to release their energies by participating with men in economic development and opening new paths in the investment map in the real estate market; until they owned more than 15,000 ... Read more

The Board of Directors of the Public Authority for Real Estate discusses the annual report. Four e-platforms for digital transformation

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Reading time: 2 MinutesThe Board of Directors of the General Real Estate Authority discussed the Authority's annual report for 2020, in which it reviewed the Authority's technical transformation program and its construction of four electronic platforms, including (the platform of the Property Registration Errors Remediation Committee, the educational platform of the Real Estate Institute, the platform of the Saudi Arbitration Center, and the real estate indicators platform), in addition to reviewing the achievements of the Saudi Real Estate Institute, which trained 37,871 male and female trainees, ... Read more

95 thousand real estate documentation operations completed by the Ministry of Justice during the first quarter

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Documentation of real estate

Reading time: < 1 MinuteReal Estate - The number of real estate documentation operations during the first quarter of this year reached 95 thousand operations out of 120 documentation operations through the “Authenticator“ service, and the real estate documentation services focused on emptying, emptying with a mortgage, mortgage, correction of deeds, mortgage cancellation, and a number of documentation of financial statements, dissolution of agencies, in addition to documenting company contracts and agencies. The ... Read more

More than 328 million riyals in the 14th auction to liquidate the «Al-Rajhi Estate»

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Real Estate Auction Mastery

Reading time: < 1 MinuteReal Estate Auction - The General Court of Riyadh, represented by the liquidation board of the estate of Sheikh Saleh bin Abdulaziz Al-Rajhi, may God have mercy on him, concluded the 14th public auction of three properties in Riyadh and Qassim for a total amount of (328,177,500) riyals, marketed by Itqan Real Estate Company. In details, the auction was organized last week in accordance with health protocols to prevent the spread of the Coronavirus, and in the presence of leading real estate ... Read more

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