Month: November 2022

Amlak Articles—Dr. Mons Shujaa Writes: The Importance of the Real Estate Market and Its Impact on the Economy

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Dr. Mons Shujaa: A Discussion on the Real Estate Market

Reading time: < 1 MinuteThe Importance of the Real Estate Market and Its Impact on the Economy Dr. Muns Shujaa considers the real estate market to be one of the most important commercial markets influencing economic and commercial activity in general, where real estate is primarily traded. We can define real estate in its simplest terms as “any fixed and stable asset that cannot be moved from one place to another, such as land and buildings of all kinds.” The real estate market lies … Read more

Agreement to Facilitate the Operations of 1,700 Certified Engineering Firms and Streamline Surveying Procedures

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Saudi Council of Engineers

Reading time: < 1 MinuteWith the aim of streamlining the operations of 1,700 accredited engineering firms, the General Secretariat of the Committees for Reviewing Real Estate Ownership Applications (“Ihkam”) signed a memorandum of cooperation with the Saudi Council of Engineers. The agreement aims to expedite the surveying procedures for real estate ownership applications through the “Ihkam” platform. Ahmed Al-Saqr, Secretary-General of “Ihkam,” noted that this memorandum contributes to the development and integration of operations with relevant entities in … Read more

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