Dr.. Abdullah Al-Khurmani writes: The importance of benefiting from international expertise in the development of the real estate sector

Reading time: 6 MinutesTraining helps organize the real estate market and makes it transparent and credible The real estate sector is not easy to deal with, as at any moment the scales may tip and the top may fall to the bottom or vice versa Global experiences help create a good investment environment and support real estate markets and those working in them Land investment and development is better than random speculation that causes a rise in prices ... Read more

As it comes into effect. “Amlak monitors the impact of real estate advertising regulations on the real estate market

Reconnaissance

Reading time: 3 MinutesAfter a large number of awareness campaigns, workshops and opinion polls, the General Authority for Real Estate announced the entry into force of the “Standards for Licensing and Classification of Electronic Real Estate Platforms” and “Real Estate Advertising Controls”, and the start of their work starting from the second of September 2021, as these controls aim to limit fictitious advertisements related to the real estate sector in order to enhance its reliability, and raise the level of credibility of the platforms ... Read more

“Human Resources” obliges large, giant and medium enterprises to issue a “Certificate of Alignment”

Ministry of Human Resources - Contracting

Reading time: < 1 MinuteThe Ministry of Human Resources and Social Development has confirmed that a harmonization certificate must be issued for large, giant and medium-sized enterprises. The beneficiary care account, via Twitter, interacted with a person's inquiry about the extent of the compulsory harmonization in Nitaqat. The account said that large, giant and medium-sized enterprises must issue a harmonization certificate in order for the employee with special needs to be counted as 4 in the nationalization percentage, and if ... Read more

In Sharqiya ... 12 thousand meters of debris removed in Khafji and the removal of dilapidated buildings in Al-Khobar

Reading time: < 1 MinuteThe Eastern Province Municipality lifted more than 12,000 cubic meters of debris in Al Khafji Governorate, including the entrances of residential and industrial neighborhoods, the waterfront, Safaniya Center and Abraq Al Sulphur, as part of efforts to activate quality of life programs, address visual distortion and improve the urban landscape. The Municipality explained that the quantities of debris that were removed ... Read more

“Enforcement conducts three public auctions showcasing more than 500 movable assets

Attribution and Filtering Center

Reading time: < 1 MinuteThe Support and Liquidation Center (Enforcement) is conducting three public auctions that will review more than 500 movable assets, ranging from cars, devices and equipment for a medical complex, as well as tools and equipment for food catering stores. The auctions will start with the “Car Auction” - on Saturday and Sunday, September 11 and 12 - which showcases 32 small and medium vehicles in Riyadh, and the “Medical Complex Auction” ... Read more

The Board of Directors of the Public Authority for Real Estate discusses 10 key items during its 16th meeting chaired by the Minister of Municipal Affairs and Housing“

3500 illegal real estate ads

Reading time: < 1 MinuteThe Board of Directors of the Public Authority for Real Estate held its sixteenth meeting under the chairmanship of H.E. Mr. Majid bin Abdullah Al-Hogail, Minister of Municipal and Rural Affairs and Housing and Chairman of the Board of Directors of the Public Authority for Real Estate, to review the most important executive works of the comprehensive strategy for the real estate sector and the implementation of the Cabinet's decision to amend the organization of the Public Authority for Real Estate. The Board discussed the implementation of the Council of Ministers' decision to amend the organization of the Public Authority for ... Read more

More than 10 meters high... Saudi Arabia announces the discovery of a 600-year-old coral colony in the Red Sea

Reading time: 2 MinutesIn the south of Al-Waqadi Island, part of Saudi Arabia's giant Red Sea project, marine science and environment experts discovered a huge coral colony estimated to be 600 years old and more than 10 meters high. The discovery, made by a team from the project's developer, is the first of its kind in the Red Sea region, and the age of the coral reef was determined by ... Read more

“Crown Prince announces launch of ”Revitalizing Historic Jeddah“ project”

Crown Prince Mohammed bin Salman

Reading time: 2 MinutesHis Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Deputy Prime Minister and Chairman of the Council of Economic and Development Affairs, announced the launch of the “Revitalizing Historic Jeddah” project within the Historic Jeddah Development Program, which aims to develop the living space in the area as an attractive center for business and cultural projects, and a major destination for aspiring entrepreneurs. The project comes ... Read more

“U.S. Hurricane Ida losses could cost as much as $95 billion

Reading time: < 1 MinuteThe cost of losses from Hurricane Ida and its aftermath could reach $95 billion, mostly in northeastern states hit by heavy rains, putting the storm in the same category as other deadly hurricanes that have paralyzed the region in recent years, U.S. analysts said. Joel N. Joel N. Myers, AccuWeather's founder and CEO, on Friday estimated the total damage ... Read more

The Board of Directors of the Public Authority for Real Estate discusses the implementation of organizational decisions

Public Authority for Real Estate - Real Estate Announcement

Reading time: < 1 MinuteThe Board of Directors of the Public Authority for Real Estate held its sixteenth meeting today under the chairmanship of H.E. Mr. Majid bin Abdullah Al-Hogail, Minister of Municipal and Rural Affairs and Housing and Chairman of the Board of Directors of the Authority, to review the most important executive works of the comprehensive strategy for the real estate sector, and the implementation of the Cabinet decision to amend the organization of the Public Authority for Real Estate. Read more