Month: May 2022

Ministry of Municipal and Rural Affairs and Housing begins awareness campaign on fencing construction sites for residential buildings

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Fencing off vacant land

Reading time: < 1 MinuteThe Ministry of Municipal and Rural Affairs and Housing has started its awareness campaign aimed at introducing the importance of fencing construction sites for residential buildings in all neighborhoods of cities and governorates and its role in improving the urban landscape and preserving the safety of pedestrians and road users from construction work on the ground, as the mandatory application will start from the beginning of the next Hijri year 1444H. The fencing of sites ... Read more

A delegation from Oman's Ministry of Housing reviews the experiences of the Public Authority for Real Estate

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Public Authority for Real Estate with Oman

Reading time: < 1 Minute66,000 trainees were qualified through specialized programs The General Authority for Real Estate revealed that the number of trainees who received training courses from the Real Estate Institute exceeded 66,000 male and female trainees who were qualified by providing training programs and specialized courses in the real estate sector, this came during the reception of the CEO of the General Authority for Real Estate, Engineer Abdullah bin Saud Al-Hammad ... Read more

ROSHN launches 18,000 residential units in Jeddah's “The Bride Project”

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The Bride Project - Roshan Company

Reading time: < 1 MinuteROSHN, the national real estate developer for residential areas, has launched “The Bride Project”, with an area of 4 million square meters, containing 18,000 different housing units suitable for all segments of society. The company unveiled its project at a ceremony organized before the start of the match between Al Ittihad and Al Hilal yesterday at the King Abdullah Sports City Stadium in Jeddah, as part of the 27th round of the ... Read more

Amlak Articles Sami Abdulaziz writes in his “CEO” column about: Board of Directors

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Sami Abdulaziz - Real Estate Articles

Reading time: 2 MinutesIn the previous article, we explained in detail the responsibility of the board of directors and revealed the powers of the board and how it conducts the activities of the company and works hard to achieve the goals and it is obvious that the board of directors consists of a select group of members who perform multiple and specialized roles within the board until the tasks are completed properly. Today, we review the methods of appointing board members and their personal characteristics and abilities. Read more

Real Estate Fund and Banque Saudi Fransi support real estate developers to build residential projects

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Agreement between Banque Saudi Fransi and the Real Estate Fund

Reading time: < 1 MinuteThe Real Estate Development Fund (REF) has signed a framework agreement with Banque Saudi Fransi to facilitate the access of real estate companies and institutions to real estate support and financing from financial institutions, as part of the “Tatweer” program to enable real estate developers to establish housing projects in various regions of the Kingdom. The “Tatweer” program aims to provide support to companies and institutions working in the real estate sector, develop them and ensure their continuity, especially small enterprises ... Read more

Saudi Arabia discusses business strategies at World Economic Forum meetings

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World Economic Forum 2

Reading time: 2 MinutesThe Kingdom of Saudi Arabia is currently participating in the World Economic Forum 2022, which is being held in Davos, Switzerland, from May 22 to 26, under the theme “History at a Turning Point: Government Policies and Business Strategies.” The delegation is headed by Minister of State and Cabinet Member Dr. Ibrahim bin Abdulaziz Al-Assaf, and includes Prince Faisal bin Farhan bin Abdullah ... Read more

General Real Estate Authority seizes 2289 real estate advertisements in a month

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Public Authority for Real Estate

Reading time: < 1 MinuteThe General Authority for Real Estate revealed that it seized 2289 violating real estate advertisements during the period from April 18 to May 18, of which it treated 34 advertisements, referred 520 real estate advertisements to the Investigation and Dispute Resolution Department, while 1735 advertisements are still under procedure as part of the Authority's efforts to follow up the implementation of the decisions on real estate advertising controls and licensing criteria ... Read more

Completion Center and Deutsche agree to facilitate the work of real estate developers

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Developer Services Center - Umm Al-Qura Plan Approval

Reading time: < 1 MinuteThe Real Estate Developers Services Center (TAMAMAM) has accelerated the pace of residential projects and increased the volume of investment in the real estate sector by signing a memorandum of understanding with Deutsche Gulf Finance Company, which aims to raise the efficiency of the center's services and add joint electronic services that facilitate the work of real estate developers to develop the sector and raise its contribution to the local product. The agreement was signed by Engineer Musaed Al-Otaibi, Director General of the Developer Services Center ... Read more

Itqan Real Estate launches the marketing campaign for the direct sale of Yarmouk land in Riyadh

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Mastery logo

Reading time: < 1 Minute”Al-Rasheed: The lands are provided with all services, which constitutes a great opportunity for companies and investors. Itqan Real Estate Company launched the marketing campaign for the direct sale of Yarmouk lands located on Sheikh Hassan bin Hussein bin Ali Road in Riyadh, which is estimated at 24,070 square meters, which includes 14 commercial and 10 residential plots, as the plan is characterized by providing all services ... Read more

Real Estate Fund exempts former beneficiaries of prefabricated houses from the certificate of completion

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Reading time: < 1 MinuteThe Real Estate Development Fund called on the beneficiaries of the self-construction product to submit a certificate of completion of construction for the continuity of housing support, and according to press sources, this decision will not apply to the previous beneficiaries of the ready-made homes product and the existing loan, and the Fund is currently seeking to conclude a number of partnerships with financing bodies to finance real estate developers in order to pump housing units into the market during the coming period. According to ... Read more

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