Month: July 2021

Warning against selling plans on agricultural land without approval from the Ministry of Environment“

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Reading time: < 1 MinuteThe Ministry of Environment, Water and Agriculture stated that it has recently observed advertisements by certain companies, real estate agencies, and individuals offering for sale subdivision plans prepared for agricultural land, without the Ministry’s approval or the approval of subdivision plans from the Ministry of Municipal, Rural Affairs, and Housing. The Undersecretary for Land and Surveying, Engineer Saleh Al-Lahidan, confirmed that this action constitutes a violation of the approved subdivision regulations set forth in Cabinet Decision No. … Read more

34.89 thousand families benefited from “self-building” through “Sakani” during the first half of 2021

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Reading time: < 1 MinuteThe number of households benefiting from the subsidized mortgage loan for the self-build option under the “Sakani” program during the first half of this year reached 34,891 families. This is part of the program’s efforts to facilitate home ownership for Saudi families and enable those who own land to build their own housing units in accordance with their wishes and needs, continuing the “Sakani” program’s efforts to enable Saudi families to own homes … Read more

“Malak” Launches a Service to Update Deeds for Condominium Units

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Reading time: < 1 MinuteThe “Malak” program has launched the “Deed Update” service, which aims to regularize the status of jointly owned real estate units and issue updated electronic deeds, as part of a series of services recently launched by the program.The program explained that the “Deed Update” service enables holders of old deeds for jointly owned real estate units to register on the electronic portal, establish an owners’ association, rectify their status, and clarify the percentage … Read more

“Engineers Authority adds 3 new features to the ”Instant License“ service”

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Residential Project Khayala

Reading time: < 1 MinuteThe Saudi Council of Engineers has added three new features to its “Instant Licensing” service for engineering firms, which was recently launched to streamline its e-services and enable users to access them quickly and easily.The Authority’s Secretary, Engineer Abdulnasser Al-Abdullatif, explained that the Authority is working to improve the speed of its digital services, noting that the Instant Licensing service, launched last June, which allows … Read more

“Residential”: More than 59 thousand families have benefited from the “ready-made” and ”under construction” options in 6 months

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Reading time: < 1 MinuteThe number of households benefiting from the subsidized mortgage options for purchasing “ready-to-move-in units” and ”units under construction” under the housing program exceeded 59,000 during the first half of 2021, of which 46,675 families benefited from the subsidized loan to purchase ready-to-move-in housing units, as part of the program’s efforts to facilitate home ownership for citizens and enable them to access various housing options and financing solutions … Read more

Saudi Contractors Authority achieves the 11th best work environment in Asia

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Reading time: 2 MinutesThe Saudi Contractors Authority ranked 11th in Asia according to the global Great Place to Work organization for 2021.The list included the largest companies and institutions across Asia, reflecting the Authority’s commitment to continuous improvement in providing a safe, world-class work environment among the largest government and non-profit organizations in the Kingdom … Read more

Saudi Arabia launches tourism programs and initiatives to attract 100 million visitors annually

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Reading time: 2 MinutesThe national tourism sector is rapidly moving toward the future, guided by its strategy and the Kingdom’s Vision 2030, as well as its projects and initiatives that operate tirelessly to promote tourist destinations rich in geographical and historical diversity, highlighting natural resources, archaeological treasures, and historical sites that meet tourists’ expectations. The Kingdom has become a destination for tourists from across the region and the world, with the number of visas issued—even before the pandemic… Read more

“Privatization” Cancels the Tender for the Desalination and Power Plant in Ras Al-Khair

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Reading time: < 1 MinuteThe Supervisory Committee for the Privatization of the Environment, Water, and Agriculture Sector approved the cancellation of the tender for the Ras Al-Khair desalination and power plant, in order to align with the state’s policy of leveraging current achievements, accumulated expertise, and existing desalination assets equipped with modern technologies, confirming that preparations are currently underway to announce the new directions and ambitions shortly after the completion of arrangements and the obtaining of the necessary regulatory approvals. The Committee commended … Read more

Starting today, the first phase of the standardized electronic car rental contract will take effect

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Reading time: < 1 MinuteThe General Authority for Transport has confirmed the implementation of the first phase of the decision requiring car rental companies to issue all car rental contracts through the “Rental Contracts” on the Transport Portal, effective today, Sunday, 15 Dhu al-Hijjah 1442 AH, corresponding to July 25, 2021 AD, This service will enable licensed companies to issue a standardized contract that meets all regulatory requirements and provisions, and will contribute to … Read more

“Real Estate Authority” considers transferring 5 real estate activities from the umbrella of “Housing” to the Authority

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Real Estate Registration - Real Estate Transactions

Reading time: 2 MinutesThe General Real Estate Authority is working on a project to assess the current state of real estate activities under the Ministry of Housing—as it was formerly known—and to develop the best plans for transferring oversight of five programs as a first phase, namely unit allocation, the Owners« Union, the sustainability system, and off-plan sales (»Wafi”). According to ”Al-Sharq Al-Awsat,” informed sources said that the project’s objectives center on conducting a detailed study of the programs … Read more

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