Month: June 2021

“Taqeem signs a memorandum of understanding to provide consultations in the real estate field

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real estate

Reading time: < 1 MinuteThe acting Secretary-General of the Saudi Authority for Accredited Valuers (TAQEEM), Engineer Faisal Al-Mandeel, and the Secretary-General of the King Abdulaziz Endowment for Al-Ain Al-Aziziyah, Louai Tarabzouni, signed a memorandum of cooperation between the two entities yesterday.The memorandum aims to explore areas of mutual cooperation, provide specialized consulting services in fields related to real estate appraisal, offer specialized training courses in real estate appraisal to the endowment’s employees, and provide … Read more

White lands are promising opportunities in Taif“

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White Land - Raw Land

Reading time: < 1 MinuteThe Taif Chamber of Commerce, in collaboration with the White Land Fees Program, organized a workshop titled “White Land: Promising Opportunities,” attended by a number of business leaders and interested parties.The workshop was presented by the supervisor of the White Land Fees Program, Engineer Ibrahim Al-Majhad; the head of the Business Solutions Sector at the National Housing Company, Engineer Majid bin Anzan; and the representative of the White Land Fees Program, Ahmed Al-Askar. It reviewed … Read more

Saudi Arabia marks World SME Day with thriving entrepreneurs and sustainable growth

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Monsha'at works to implement and support programs and projects to spread the culture of self-employment and the spirit of entrepreneurship.

Reading time: 2 MinutesThe Kingdom joined the global celebration of World SME Day, observed on June 27, by actively empowering entrepreneurs and removing the obstacles and difficulties they face, and working to strengthen their participation in the national economy in line with the Kingdom’s Vision 2030, launching numerous programs and initiatives to strengthen the partnership between the public and private sectors, with the aim of accelerating economic growth… Read more

300 assets worth SAR 1.100 billion liquidated at Enforcement's official headquarters

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Reading time: 2 MinutesDr. Walid bin Mohammed Al-Samaani, Minister of Justice and Chairman of the Board of Directors of the Support and Liquidation Center “Enforcement,” the Center’s official headquarters, in the presence of Sheikh Saad Al-Saif, Deputy Minister of Justice; Engineer Thamer Al-Saadoun, CEO of the National Transformation Program; and a number of Ministry of Justice officials.He was briefed on the “liquidation process,” from the receipt of referrals through to the return of funds and rights to beneficiaries, and the role of the various sectors … Read more

“Enforcing offers various investment opportunities in physical and electronic real estate auctions

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Attribution and Liquidation Center - Auctions

Reading time: < 1 MinuteThe Enforcement and Liquidation Center (Enfaaz) has announced a series of in-person and online auctions, including: The «Arar Treasures Auction,» featuring 28 investment opportunities in commercial and residential real estate with a total area of approximately 18,000 square meters in the city of Arar, the «Najran Auction,» held for a residential property exceeding 4,000 square meters in the Najran region, and the «Sabya and Samtah Auction,» which … Read more

7 agreements signed to invest in outdoor billboards in Jeddah

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Convention 7 Outdoor Advertising Contracts 2

Reading time: 2 MinutesYesterday, Sunday, the Jeddah Municipal Administration signed seven contracts, including contracts for the investment of outdoor billboards and a contract for the investment of naming and sponsorship rights for the waterfront, with returns to the Secretariat amounting to 525 million riyals annually and a total contract value exceeding 4.28 billion riyals over 10 years, in the presence of the Advisor to the Custodian of the Two Holy Mosques, Prince Khalid Al-Faisal, Governor of the Makkah Region, and the Minister of … Read more

Tripartite agreement to provide 7,000 housing units in the Makkah region

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Agreement in Mata Al Mukarramah - Residential Unit

Reading time: < 1 MinuteYesterday, Sunday, Prince Khalid Al-Faisal, Governor of the Makkah Region, witnessed the signing of a tripartite agreement between the Development Housing Agency, the Namaa Charitable Society, and the Community Development Housing Foundation, in the presence of Minister of Municipal, Rural Affairs, and Housing Majed Al-Hogail; The agreement aims to provide 7,000 housing units across the region’s provinces. The Makkah Region Development Authority and the Emirate of Makkah Al-Mukarramah stated via their official accounts … Read more

Shura Council Recommendation to Provide Housing Units at Cost to Those Injured in the Line of Duty

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Residential products

Reading time: 2 MinutesThe recommendation put forward by Shura Council member Samia Bukhari resonated widely and won a majority vote; last week, the Council approved the recommendation, which called for ”studying the implementation of community partnerships with the private sector to provide housing at cost to those who have suffered severe injuries while defending the nation’s borders, maintaining national security, and confronting various threats in the sectors…” Read more

40% of infrastructure work completed in Riyadh's Mashreqiya residential project

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Residential Project - Mashreqiya

Reading time: < 1 MinuteResidential Project – The National Housing Company announced the completion of 40% of the infrastructure work for the “Al-Mashreqia” residential project located east of Riyadh, which the company is implementing under the advanced self-build system, a new construction concept that combines the selection of suitable land with architectural designs tailored to Saudi families. The first phase of the project includes 1,200 units, while upon completion, the project will add 3,701 residential units … Read more

Al Muzaini Real Estate Company sets a record for residential land reservations

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Al Sharq Gate - Residential Scheme

Reading time: < 1 MinuteAl-Muzaini Real Estate set a new record for residential land reservations in a short period of time, and within fifteen hours, the company completed reservations for the second phase of the Eastern Gate project, the first residential development based on the updated plans, which began with the issuance of land deeds to buyers, while the company announced the issuance of building permits for the project within a few days of … Read more

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