Month: April 2022

Articles of property... Architect Hisham Al-Qasim writes: Metaverse and the real estate market

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15 Real Estate Trends - Hisham Al Qasim - Matar Al Shammari

Reading time: < 1 MinuteThe term virtual world or metaverse exists only in the pages of science fiction novels, and nowadays, the word “metaverse” is one of the most popular words in the field of technology and the world of cryptocurrencies. But can the metaverse have pros and cons for the real estate market? Pros of the metaverse for the real estate market - Increased prosperity and activity in the real estate markets, where ... Read more

Attribution and Liquidation Center announces the auctioning of 46 properties and movables

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Real estate auctions

Reading time: < 1 MinuteThe Enforcement and Liquidation Center (Enforcement) announced the holding of seven public auctions, offering real estate and movable assets in four cities and governorates across the Kingdom, from April 1 to 21, 2022. The auctions will offer 46 assets of real estate and movables represented by: Commercial and residential lands, a villa complex, commercial and residential buildings, jewelry and ornaments of various types. The auctions start with the Faihaa Riyadh auction. Read more

Real Estate Articles Essential Tips for the Real Estate Broker

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Real estate tips

Reading time: < 1 MinuteI wrote: 1- Get courses from the Real Estate Institute in brokerage and another in online real estate marketing. Build your brand by choosing one of the social media platforms. 2- Patience, determination, determination, love of learning and searching for information everywhere. 3- Communicate with real estate offices in your city and the best in the neighborhood you live in, even if you are satisfied with part of the quest ... Read more

White Land Program issues invoices for more than 90 million square meters in Jeddah

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White land

Reading time: < 1 MinuteThe White Land Program announced the issuance of invoices for 340 lands in Jeddah located within the declared urban area with a total area of more than 90 million m2, through the invoicing of the sixth cycle of the first phase. The program indicated that the invoices for the sixth cycle of land fees in Jeddah were issued in February, calling on landowners to take the initiative to develop their lands or pay within a year from the date of ... Read more

Local News... Triple Wafi Financing Land Fencing Real Estate Fund Real Estate Empty Transfer Owners Program

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4 Local News Issue 239

Reading time: 2 Minutes6 cities in fencing The second phase of the fencing of vacant lands will start from July 1, 2022, where the decision is initially applied in Riyadh, Dammam, Al-Khobar, Makkah region, Jeddah governorate, and Madinah region. ==== Launching “Wafi Triple Financing” to enable developers of real estate projects His Excellency the Minister of Municipal and Rural Affairs and Housing, Mr. Majid bin Abdullah Al-Haqeel, launched ... Read more

Saudi Arabia's entrepreneurship is going global with an open horizon

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7 Entrepreneurship

Reading time: 2 MinutesUnder the patronage of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, Deputy Prime Minister and Minister of Defense, the Global Entrepreneurship Conference was an unparalleled success, as the days of the conference witnessed a wide international presence through a number of investment opportunities, resulting in the signing of dozens of agreements and launches with more than 51 billion riyals that boosted the entrepreneurship ... Read more

Amlak Articles... Editor-in-Chief Abdulaziz Al-Issa writes: Investment Forum in Old Neighborhoods

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Abdulaziz Al-Issa - Third Amlak Centennial - Lifting the land moratorium - Saudi Media - Vision 2030

Reading time: < 1 MinuteThe idea of developing old and historical neighborhoods in large cities in the Kingdom is no longer a luxury or a kind of luxury that needs to be postponed, but has become an urgent necessity and part of the state's plans, so the competent authorities have carried out many removals in informal neighborhoods to replace them with modern neighborhoods suitable for diversified and long-term investment, which reassures the investor's mind. The nature of planning in ... Read more

Ministry of Commerce launches consumer protection system for the public

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Consumer Protection Law

Reading time: < 1 MinuteThe Ministry of Commerce invited interested parties and the public to express their views and suggestions on the draft consumer protection system no later than 5/15/2022. The Ministry explained that it prepared the draft consumer protection system to protect and promote the rights of consumers in the Kingdom, after studying the current state of the market and transactions and benefiting from the best international experiences and practices, to develop a regulatory framework that addresses the challenges and complies with international standards and rules ... Read more

Majid Al-Hogail: 70% of the municipal sector needs to be privatized quickly

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Al-Haqeel in the Municipal Sector

Reading time: < 1 Minute70% of the municipal sector must be privatized quickly to upgrade services through the private sector, according to Majid Al-Hogail, Minister of Municipal and Rural Affairs and Housing. During his speech at the Operational Excellence Conference, which kicked off in Riyadh last week, Al-Huqail said that the ambition at the end of 2022 is for all services to be automated so that 95% residents and investors can ... Read more

Regulation of Urban Enablers and Catalysts for Informal Neighborhoods to be released to the public

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City Service Provider Classification Regulation

Reading time: 2 MinutesThe regulation turns challenges into investment opportunities The regulation contains 14 articles, the most prominent of which is exempting the developer from municipal services fees and real estate transaction tax The Ministry of Municipal, Rural Affairs and Housing has launched a project to prepare a regulatory regulation for urban enablers and incentives for informal neighborhoods in Saudi Arabia, a set of incentives related to urban legislation and regulations that are granted to the developer to incentivize the development of the neighborhood ... Read more

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