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Month: November 2022

125,000 participants in Al Rajhi Bank's Sukuk offering 

23/11/2022 by Emlak Real Estate
Al Rajhi Bank Completes Sukuk Offering

Reading time: < 1 MinuteAl Rajhi Financial confirmed has completed the issuance and settlement of Al Rajhi Bank's first tranche Sukuk, where 100% of orders were allocated to individual subscribers, and the number of participants reached more than 125 thousand participants.

Categories Capital Markets

Saudi Payments and Bank Albilad offer financial solutions to foster innovation

23/11/2022 by Emlak Real Estate
Saudi Payments - Financial Solutions

Reading time: < 1 MinuteSaudi Payments Company (SPC) has unveiled innovative financial solutions to foster innovation through a Memorandum of Understanding (MoU) signed with Bank Albilad on the sidelines of the Seamless Saudi Payments Conference

Categories Capital Markets

Banks raise retail mortgage interest rates to 4%

23/11/2022 by Emlak Real Estate
Raising real estate financing

Reading time: < 1 MinuteLocal banks raised their retail mortgage interest rates to 3.94% at 3.94%, while some of them set the lending age at 60 years, this came at a time when real estate loans

Categories Real Estate Financing

Deputy Minister of Municipality and Housing inspects a number of housing projects in Madinah

23/11/2022 by Emlak Real Estate
Deputy Minister of Housing inspects housing projects

Reading time: < 1 MinuteHis Excellency the Deputy Minister of Municipal and Rural Affairs and Housing, Engineer Abdullah bin Mohammed Al-Badeer, inspected a number of housing projects in Madinah and visited the comprehensive residential center

Categories Makkah and Madinah Region

27 days until the end of white land registration in Makkah, Jeddah and Dammam Metropolis

22/11/2022 by Emlak Real Estate
White land

Reading time: < 1 MinuteThe White Land Program (WLP) confirmed the end of the registration deadline for the second phase of white land fees in Makkah, Jeddah and Dammam after 27 days, calling on owners in the three cities

Categories Makkah and Madinah Region

Najran Municipality reveals 20 investment opportunities

21/11/2022 by Emlak Real Estate
Najran Municipality - 20 investment opportunities

Reading time: < 1 MinuteThe Najran Municipality revealed 20 investment opportunities available to investors, one of which is the establishment, operation and maintenance of a branded restaurant on King Saud Road with an area of 2000 m2.

Categories Southern Region

Articles of property... Sami Abdulaziz writes: Managing Legal Affairs in Companies

21/11/2022 by Sami Abdulaziz
Sami Abdulaziz - Real Estate Articles

Reading time: 2 MinutesCompanies need a legal framework within which to operate in order to obtain all their rights and fulfill all their obligations towards the state and individuals, so having a legal department that knows the laws, rules and regulations governing

Categories Legislation & Regulations

Electricity in Makkah's Jewel of Rusaifa project

21/11/2022 by Emlak Real Estate
Laden Jewel Pavement Project

Reading time: < 1 MinuteThe “Sakani” program announced the launch of electricity in the Jewel of Rusaifa project in Makkah in cooperation with the Saudi Electricity Company, stressing that work is underway to start the delivery of residential units

Categories Makkah and Madinah Region

Ministry of Commerce calls on companies to comply with filing their approved financial statements

20/11/2022 by Emlak Real Estate
Ministry of Commerce - Commercial Register

Reading time: < 1 MinuteThe Ministry of Commerce has called on companies to commit to filing their approved financial statements through the e-filing program “Qawm” through licensed legal accounting offices or through the company's website

Categories Legislation & Regulations

Launching an initiative to support and finance micro, small and medium-sized technology companies

20/11/2022 by Emlak Real Estate
Financing tech companies

Reading time: < 1 MinuteThe National Information Technology Development Program (NTDP) launched the LendTech initiative yesterday, as part of its keenness to develop, assist and finance promising technology companies by supporting and empowering them financially and practically

Categories Investment Funds & REITs
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Articles

03/09/2021

Legislation & Regulations

“Amlak publishes contractor classification system, penalties include revocation of classification or 5-year ban on renewal

Riyadh property

28/08/2021

Legislation & Regulations

Amlak survey: Real estate advertising controls end speculation and increase the reliability of the real estate sector

Riyadh property

25/08/2021

Legislation & Regulations

Here are the details of the new contractor classification system and cover-up exemption rules (Infographic)

Riyadh property

21/08/2021

Eastern Region

With more than two billion riyals ... Itqan Real Estate offers 20 different properties in Riyadh, Western and Eastern

Riyadh property

Minister_of_Housing_Mr_Majid_Al-Haqeel

21/08/2021

Legislation & Regulations

“Amlak” monitors reactions to the “Real Estate Market Analysis Regulations” after its official adoption”

Riyadh property

11/08/2021

Legislation & Regulations

Cabinet approves a new amendment to the ”Real Estate Contributions Committee's working mechanism”

Riyadh property

Construction cement.

14/05/2026

Building Materials & Technologies

Saudi Arabia's cement sector in April. Domestic sales rebound, exports decline

Amlak Real Estate

14/05/2026

Makkah and Madinah Region

NHC announces the commissioning of the Khayala electric transmission station in Jeddah

Amlak Real Estate

13/05/2026

Riyadh and Qassim Region

Emir of Riyadh reviews real estate balance report and real estate registration work in the capital

Amlak Real Estate

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