Month: March 2022

Public Authority for Real Estate offers real estate services and benefits to small and medium enterprises

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Monsha'at - Small and Medium Enterprises

Reading time: < 1 MinuteThe General Real Estate Authority (GRA) intends to support small and medium enterprises, increase their efficiency, increase their contribution to the gross domestic product (GDP), encourage the practice of self-employment in the real estate sector, and support workers in it, according to a memorandum of cooperation signed by the Authority with Monsha'at (Monsha'at). The memorandum is concerned with licensing the establishment of incubators for entrepreneurs in the real estate sector, and the inclusion of facilities classified by the General Real Estate Authority within ... Read more

Jeddah's slum clearance work to be completed before Ramadan

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Jeddah Neighborhood Development

Reading time: < 1 MinuteThe Jeddah Informal Neighborhoods Committee revealed that the work of removing the 34 informal neighborhoods continues according to the previously announced dates, and 22 informal neighborhoods are expected to be completed before the arrival of Ramadan. The committee explained that there is no removal work during Ramadan, while the removal of the remaining 12 neighborhoods will be resumed after Ramadan, ... Read more

43 organizations showcase 3,000 projects at the Future Projects Forum

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Future Projects Forum

Reading time: < 1 MinuteWith the participation of 43 entities from the public and private sectors, the Future Projects Forum, organized by the Saudi Contractors Authority, reviewed 3000 projects that provided an opportunity to identify the size of investment opportunities and what the Kingdom's future needs from the contracting sector as the executive arm of the ambitious Vision 2030 projects. Coordination between project owners and contractors The forum, which was launched under the patronage of Prince Faisal ... Read more

Saudi Building Code Forum concludes its work and emphasizes the roles of all parties in safety and sustainability

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Saudi Building Code Forum

Reading time: < 1 MinuteUnder the patronage and participation of the Minister of Municipal and Rural Affairs, Mr. Majid bin Abdullah Al-Hogail, the Saudi Institution of Engineers concluded the work of the Saudi Building Code Forum, which was held under the title “Safety and Sustainability”. The forum sessions were highlighted by participants, discussants and honored by His Excellency the Governor of the Saudi Standards, Metrology and Quality Organization, Dr. Saad Al-Qasabi, His Excellency the Director General of Civil Defense, Lieutenant General Suleiman Al-Amro, and the Assistant Minister of Energy for ... Read more

“Municipality and Housing” launches “Wafi Triple Financing” for off-plan sales projects

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Al-Haqeel Wafi Triple Financing

Reading time: < 1 MinuteHis Excellency the Minister of Municipal and Rural Affairs and Housing, Mr. Majid bin Abdullah Al-Hogail, launched the “Wafi Triple Financing” service of the off-plan sale or lease program “Wafi”, with the aim of facilitating the financing and enabling real estate projects on the map, by reducing the risks for the financing entities, increasing the efficiency of financing for developers and beneficiaries, and allocating the financing entity as an account holder and financier for the project and the buyers. Wafi Financing... Read more

Deputy Minister of Industry and Mineral Resources inaugurates the Big 5 exhibition and emphasizes interest in building technology

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Big Five Gallery

Reading time: 2 MinutesH.E. Osama bin Abdulaziz Al Zamil, Deputy Minister of Industry and Mineral Resources, inaugurated the Big Five Exhibition, which kicked off yesterday evening at the Riyadh International Convention and Exhibition Center and will continue until March 31. During the opening ceremony, Zamil emphasized that the Ministry of Industry and Mineral Resources is working to develop the investment environment in the industrial sector to serve the building and construction industry, according... Read more

The Board of Directors of the Public Authority for Real Estate reviews the latest developments in the real estate sector strategy

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Minister_of_Housing_Mr_Majid_Al-Haqeel

Reading time: < 1 MinuteThe Board of Directors of the General Authority for Real Estate held its 18th 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 Authority. At the beginning of its meeting, the Board reviewed the developments of the comprehensive strategy for the real estate sector, and the most important achievements of the Authority for the first quarter of 2022, including real estate advertising controls, where the number of real estate advertisers reached 10,203 real estate advertisers, ... Read more

Global Entrepreneurship Conference's Investment Initiatives and Agreements worth 16 billion riyals

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Entrepreneurship Forum

Reading time: 2 MinutesThe Global Entrepreneurship Conference witnessed the signing of 33 agreements and the launch of a number of investment initiatives worth more than 16 billion riyals ($4.2 billion) to support entrepreneurship in various fields and enhance the Kingdom's position as an attractive environment for entrepreneurs, innovators and creators in the Middle East and North Africa region. The conference was held under the patronage of HRH Prince Mohammed bin ... Read more

Saudi Building Code Forum kicks off today for safety and sustainability

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City Service Provider Classification Regulation

Reading time: < 1 MinuteUnder the patronage of the Minister of Municipal and Rural Affairs and Housing, Mr. Majid bin Abdullah Al-Hogail, the Saudi Building Code Forum, under the slogan ”Safety and Sustainability”, kicked off on Monday morning in Riyadh, with the participation of Their Highnesses and Excellencies and many entities from the public and private sectors related to the engineering field and the field of building and construction. The forum will be attended by prominent figures in the field of specialized speakers ... Read more

Al Rajhi Bank wins Best Investor Relations Program Award

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Al Rajhi Bank Award

Reading time: < 1 MinuteAl Rajhi Bank was crowned with the Best Investor Relations Program Award as part of the Saudi Financial Market Awards 2021 launched by Tadawul and announced at the Saudi Financial Market Forum held recently in Riyadh. The award was received on behalf of the bank by Mr. Abdulrahman Al-Feddi, Head of the Finance Group at Al Rajhi Bank, in the presence of the bank's Investor Relations team. On this occasion, Mr. Al Fada said: “ ... Read more

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