At the headquarters of a residential center in Al-Shamel. “City Development” forum launched to keep pace with new global trends

Reading time: 2 MinutesHis Excellency the Deputy Minister of Municipal and Rural Affairs and Housing, Engineer Abdullah bin Mohammed Al-Badir, inaugurated the forum “Development of Cities in light of the new global trends” organized by the Ministry of Municipal and Rural Affairs and Housing, represented by the Housing and City Development Sector, at the Sakani Comprehensive Center in Riyadh in conjunction with the World Cities Day 2021, in the presence and participation of a number of specialists and those interested in the development of cities. He discussed ... Read more

Aramco stock achieves the Kingdom's goal The company is worth more than two trillion dollars

Aramco Shares - Economy - Aramco IPO

Reading time: < 1 MinuteMost GCC stock markets closed lower on Sunday, with the Saudi index extending losses for the third session as profit-taking continued after the Saudi index reached multi-year highs. The Saudi index fell 0.47% as Saudi Basic Industries Corporation (SABIC) fell 1.7%, extending its losses for the third session. The petrochemical giant announced on ... Read more

«Amlak» and «Urban Sciences» collaborate to create the first association specialized in «real estate media»

Khurmani diwani

Reading time: 4 MinutesAl-Khurmani Diwani launched the initiative of an association that specializes in supporting the Kingdom's largest economic sectors after oil Specialists wonder why graduates do not break into the field of economics and real estate media? A discussion evening unveiled the intention to announce a Saudi real estate media association under the name «Real Estate Media Association» in cooperation between the Urban Science Society and Amlak Real Estate Newspaper, which has a long history in the media ... Read more

“Supreme approval” for those who do not have a legal title to their property, and a ”lawyer”: The exception does not cover all lands

Reading time: 2 MinutesWhile the royal approval was issued on Rabi'I 20 to delay the removal of the property whose owner does not have a legal document submitted on the Hakam platform of the State Real Estate Authority, until the application is decided by the committees to consider the requests for ownership through the Hakam platform, provided that the government land control and removal committees do not ... Read more

With new requirements. Start licensing institutional quarantine headquarters

Institutional quarantine -9

Reading time: < 1 MinuteThe Ministry of Municipal and Rural Affairs and Housing announced the start of issuing licenses for institutional quarantine headquarters eligible to host those coming from outside the Kingdom from unvaccinated corporate workers, after coordination with the relevant authorities. This comes within the framework of the great efforts exerted by the government of the Custodian of the Two Holy Mosques to limit the spread of Coronavirus Covid-19, and the full readiness and integration of ... Read more

We publish the full criteria for the technical and financial qualification of off-plan project developers (photos)

Reading time: 3 MinutesThe off-plan sale or lease program “Wafi” has adopted the rules and criteria for the technical and financial qualification of real estate developers for off-plan sale projects, and the following are the rules: Article (1) The following words and phrases shall have the meanings indicated in front of each of them: Controls: Controls related to the sale or lease of real estate units on the map, issued by Cabinet Decision No. (536) dated 4/12/1437 H. Rules: The rules and standards of technical qualification ... Read more

Saudi Arabia officially bids to host Expo 2030“

Expo 2030

Reading time: < 1 MinuteThe Kingdom of Saudi Arabia renews its covenant as it welcomes the world once again after the success of the G20 Summit, and opens its doors to the planet as it submits an official request, pushed by Crown Prince Mohammed bin Salman, may God protect him, to host Expo 2030, which is considered the most important exhibition in the world, making the capital a favorite destination for tourists, investors and visitors from all over the world, as Riyadh ... Read more

Real estate concepts: The difference between a real estate developer and a real estate investor

Reading time: < 1 MinuteThe concept of real estate development and real estate investment is among the many concepts that most individuals confuse, even though each of them has different terms, style and function. According to specialists, real estate development is the most general and comprehensive concept in the field of real estate, because it is defined as the process through which the value of the property is raised to produce successful real estate units... Read more

Why Americans and Brits are increasingly buying homes in Italy

Reading time: < 1 MinuteItalian homes, both urban and rural, have long been a magnet for foreign buyers. The pandemic has boosted demand from wealthy Americans and Britons, and a number of tax incentives, relatively low prices and the possibility of working remotely have fueled their desire to buy homes in Italy. A number of tax incentives, relatively low prices and the ability to work remotely have fueled their desire to buy homes in Italy. Read more

A unique experience inside Riyadh Safari: 70 different species of the world's animals waiting for you in one place (Photos)

Reading time: 2 MinutesThe Riyadh Season 2021 includes many attractive and qualitative events to promote desert tourism, by utilizing all natural sites and parks in addition to highlighting the desert nature. “Riyadh Safari” is one of the most important tourist destinations in the Riyadh season and is witnessing a large turnout of adventure lovers, to experience a distinctive and enjoyable experience on a journey with animals in their natural environment through cars designed ... Read more