Month: July 2022

Real Estate Development Fund 853 million riyals in the accounts of beneficiaries

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Requirements for transferring a mortgage application to a building

Reading time: < 1 MinuteThe Real Estate Development Fund (REF) deposited 853 million riyals in the accounts of “Residential” beneficiaries from the Ministry of Municipal and Rural Affairs and Housing and the Real Estate Fund for the month of July 2022. The CEO of the Real Estate Development Fund, Mansour bin Madi, said that the amount was allocated to support the profits of subsidized mortgage contracts, indicating that the total amount deposited in the accounts of residential beneficiaries since the announcement of the transformation program in ... Read more

Prince Mohammed bin Salman announces designs for The Line, redefining the concept of urban development

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The Line City

Reading time: < 1 MinutePrince Mohammed bin Salman, Crown Prince and Chairman of NEOM, has announced the designs of The Line, a human-centered city that represents a pioneering global model that achieves sustainability and the ideal of living in harmony with nature. The crown prince launched the initial concept and vision for the city, which redefines the concept of urban development and what future cities should look like, in January of this year. Read more

“Tatweer Residences launches in Saudi Arabia with more than 400 million riyals in projects

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Masaken Development Company

Reading time: 2 MinutesMasaken Real Estate Development Company was launched during this year 2022 to start implementing its projects and programs for modern real estate development and to keep pace with the Kingdom's Vision 2030, as stated by the Chairman of its Board of Directors, Mr. Bandar bin Abdullah Al Awaimer, during his speech to the media, who stressed the importance of real estate development and considered it one of the most important investments in the region. He pointed out that the development that ... Read more

Amlak Articles Omar Al-Kindi writes: How do you see the future of real estate investment in the tourism sector?

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Omar Al Kindi - Real Estate Articles - Talamara A combination of science and art 

Reading time: < 1 MinuteThere are countless facilities and incentives provided by Vision 2030 for local and international real estate investors in the tourism sector, Vision 2030, led by His Royal Highness Prince Mohammed bin Salman, confirms that “the future of tourism real estate investment in the Kingdom is escalating, growing and prospering.” The economic and social benefits and the qualitative weight that tourism represents in the Kingdom and the importance of its location ... Read more

It includes 150 hotel units 300 million riyals to develop Taif's tourist facade and its facilities

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9 Tourism Profile - Taif

Reading time: < 1 MinuteThe “Taif Front” project is one of the most important tourism and investment projects in the governorate; it is considered a qualitative leap for the region due to its facilities and facilities extending over an area of more than 100,000 square meters in Taif with investments exceeding 300 million riyals, as the project consists of a hotel with approximately 150 hotel units, retail and entertainment facilities in Taif Governorate, in partnership ... Read more

Aseer region to explore tourism with SAR 50 billion worth of projects

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Asir

Reading time: < 1 MinuteThe Asir region reserved its seat in the domestic tourism roulette when Crown Prince Mohammed bin Salman launched the Asir Development Strategy under the slogan «Qimam and Shim», which aims to achieve a comprehensive and unprecedented development renaissance for the region; by pumping 50 billion riyals through various investments; to finance vital projects; and develop tourist attractions on the majestic peaks of Asir; to be Asir ... Read more

20 billion dollars for tourism and investment projects in AlUla

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8 Tourism File

Reading time: < 1 MinuteThe city of Al-Ula, or the bride of the mountains, is located in the far north of the Kingdom, between two large mountains, on a valley that holds many tourism and investment advantages, as it includes many ancient monuments, as well as its wonderful mountainous nature, and its distinctive climate, especially in the winter season. The city of AlUla has witnessed various civilizations throughout the ages, including the Maenite civilization, ... Read more

Training program launched for Municipality and Housing employees to raise the quality of projects

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Real estate projects in Saudi Arabia

Reading time: < 1 MinuteThe Ministry of Municipal and Rural Affairs and Housing launched a training program for its employees in urban efficiency and productivity in cooperation with the United Nations Development Program (UNDP), with the participation of a group of trainees from all secretariats, regional development authorities and royal authorities in the Kingdom, at the Le Meridien Hotel in Riyadh. Dr. Adel bin Bakhit Al-Zahrani, Undersecretary of the Ministry of Municipal and Rural Affairs and Housing for Urban Planning and Land ... Read more

Presided over by the Crown Prince. Prince Mohammed bin Salman Road's urban code is approved

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2 Page 2 Sports Track

Reading time: < 1 MinuteThe Board of Directors of Al Masar Sports Foundation, chaired by Crown Prince and Deputy Prime Minister Prince Mohammed bin Salman bin Abdulaziz, approved the urban code for the areas located on Prince Mohammed bin Salman bin Abdulaziz Road, which includes raising the quality of urban design in parallel with highlighting the local architectural identity based on originality and modernity. The urban code aims to achieve an urban environment ... Read more

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