Month: August 2021

“Ministry of Transportation implements a number of maintenance and safety projects on road networks in Tabuk (Photos)

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Reading time: < 1 MinuteThe Ministry of Transport and Logistics has carried out a number of maintenance projects on road networks in the Tabuk region, where the length of the network exceeds 4,000 km. The Ministry is currently implementing these works to raise the level of safety and quality on road networks and enhance operational efficiency, as part of the Ministry's efforts to intensify the safety and quality of roads in the Kingdom and achieve the targets of the national strategy ... Read more

“Al-Haqeel sponsors the launch of Riwa and Mila projects in Riyadh and Khiala in Jeddah

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Minister_of_Housing_Mr_Majid_Al-Haqeel

Reading time: 2 MinutesThe National Housing Company (NHC) today inaugurated the “Rawaa” and ”Mila” projects in the suburbs of Al Jawan in Riyadh and Khayyala in Jeddah with the aim of enhancing the residential real estate supply in Riyadh and Jeddah, under the patronage of His Excellency the Minister of Municipal and Rural Affairs and Housing, Mr. Majid bin Abdullah Al-Hogail, in the presence of His Excellency the Governor of Jeddah, Mr. Saleh bin Ali Al Turki, via video call from the comprehensive Sakani Center in Jeddah Governorate. ... Read more

UAE leads the Middle East in the number of hotel projects under construction

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Reading time: < 1 MinuteThe UAE topped the Middle East in terms of the number of hotel projects under construction and planning, which amounted to 199 hotels and hotel apartment facilities with 58.21 thousand hotel rooms of various categories. It accounts for 31.5 percent of the total number of hotel projects in various stages of construction and planning in the Middle East, which amounted to 631 projects, according to a report ... Read more

With more than two billion riyals ... Itqan Real Estate offers 20 different properties in Riyadh, Western and Eastern

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Reading time: 2 MinutesUnder the slogan “Your Real Estate Year”, Itqan Real Estate, the leading real estate auction and marketing company in the Kingdom, is accompanying the start of the new Hijri year 1443 AH, by offering twenty distinctive properties in Riyadh, the Western Region and the Eastern Region with a market value exceeding two billion riyals. Itqan announced the sale of real estate through direct sales channels and visual auctions through the company's platforms and satellite channels. The properties to be offered soon represent ... Read more

“Trade”: 3-year exemption from chamber of commerce fees takes effect

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Reading time: < 1 MinuteThe Ministry of Commerce confirmed the entry into force of the new chambers of commerce system, which included exempting those wishing to issue a new commercial register from the financial fee for participation in the chambers of commerce for three years from the date of registration in the commercial register, in addition to the reduction for the next two years in support of entrepreneurs and small and medium enterprises. It also canceled the multiple subscriptions in the same chamber, regardless of ... Read more

“Amlak” monitors reactions to the “Real Estate Market Analysis Regulations” after its official adoption”

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Minister_of_Housing_Mr_Majid_Al-Haqeel

Reading time: 2 MinutesThe Board of Directors of the General Real Estate Authority (GRA) issued, on Friday, the “Real Estate Market Analysis Controls” to promote the Authority's goal of regulating, supervising and developing non-governmental real estate activity; to raise its efficiency and encourage investment in it, in line with the objectives of economic and social development. “Al-Haqeel”: For his part, Minister of Municipal and Rural Affairs and Housing Majid Al-Hogail said that the controls of analyzing real estate markets ... Read more

Tuesday ... Launching the first project of the General Program for Geological Survey initiative in Dawadmi

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Reading time: < 1 MinuteOn behalf of His Excellency the Minister of Industry and Mineral Resources and Chairman of the Board of Directors of the Saudi Geological Survey, Mr. Bandar bin Ibrahim Al-Khorayef, His Excellency the Deputy Minister of Industry and Mineral Resources, Engineer Khalid bin Saleh Al-Mudayfar, will launch next Tuesday in Dawadmi Governorate in the Riyadh region the first projects of the General Program for Geological Survey initiative on which the Geological Survey is working at a cost of two billion ... Read more

Supreme Decree approving the authorization of the ownership of the Muhammadiyah Contribution Deed in Al-Kharj

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Reading time: < 1 MinuteThe Ministry of Justice's Permanent Task Force, formed by an order of the Supreme Council of the Ministry of Justice to consider the rights of stakeholders affected by the suspension or cancellation of their land deeds, had studied the deed. The efforts of the Task Force contributed to the completion of the study of hundreds of ... Read more

Average completion rates of “Residential” projects in Riyadh rise to more than 93% (Infographic)

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Reading time: 2 MinutesThe “Residential” program announced that the average completion rates in Riyadh residential projects for units under construction increased to 93% in some projects, while the completion rates in some projects reached 100%, and a number of beneficiary families began handing over their units according to the timetables by the real estate developers of the projects, within the efforts of the “Residential” program to enable its beneficiaries of Saudi families to ... Read more

“Trade” announces the issuance of the executive regulations of the Chambers of Commerce Law

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Reading time: < 1 MinuteMajid Al-Qasabi, Minister of Commerce, announced the issuance of the executive regulations of the Chambers of Commerce Law in support of entrepreneurs and small and medium-sized enterprises. The regulation includes exempting all commercial establishments from the Chamber's subscription for the first three years of its life, in addition to reducing the subscription for the following two years. It also included the elimination of multiple subscriptions within the scope of the Chamber of Commerce and only one subscription, regardless of the number of branches. He emphasized ... Read more

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