Real Estate Index. 3.3 billion riyals worth 3.6 thousand properties sold in a week
Reading time: 1 MinuteReal Estate Index. 3.3 billion riyals worth 3.6 thousand properties
Month: February 2023
The areas of white lands invoiced in the seventh round in Riyadh exceed 50 million m2
Reading time: 2 MinutesThe “White Lands” program revealed that the invoice for the seventh session of the first phase of fees in Riyadh was issued last January on 116 lands with areas exceeding 50 million m2. The program explained in a statement that the total invoices for white land fees issued in all cities where fees are applied for the first and second phases since the launch of the program exceeded 16 thousand invoices, ... Read more
«Enforcement organizes 19 auctions to liquidate more than 150 real estate and automotive assets
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22 articles outline the rules for state ownership of real estate within the Kingdom
Reading time: < 1 MinuteThe Umm Al-Qura newspaper published in its issue issued yesterday, the controls of state ownership of real estate, issued by the decision of the Board of Directors of the General Authority for State Real Estate on 4 Jumada Al-Thani 1444 H. The provisions of these controls apply to requests for real estate ownership submitted by government agencies within the Kingdom of Saudi Arabia, and will be implemented as of the date of publication. These controls included 22 ... Read more
The Big 5 Saudi. All the construction industry under one roof
Reading time: 2 MinutesRiyadh - Abdulrahman Al-Shahrani: With the participation of 750 local and international entities from 40 different countries, the Riyadh Exhibition and Convention Facade will host the 11th edition of ”The Big 5 Saudi" during the period (February 18-21, 2023), where the event gathers 28,000 construction sector experts and offers about 15,000 products and solutions in the field of construction. Eight main sections ... Read more
750 participants from 40 countries and 15,000 products participate in the Big 5 exhibition
Reading time: 4 MinutesThe 11th edition of The Big 5 Saudi is set to welcome visitors and industry leaders from February 18-21, 2023, under the patronage of H.E. Osama Al Zamil, Deputy Minister of Industry and Mineral Resources. In line with Saudi Arabia's Vision 2030, the Kingdom has allocated nearly $1 trillion for real estate and infrastructure projects since 2016. According to Ventures... Read more
Saraya Al Fursan launches with an area of more than 500,000 meters east of Riyadh
Reading time: < 1 MinuteDar & Emaar Real Estate Development has announced the launch of Saraya Al Forsan, a 517,000 square meter community in eastern Madinat Al Riyadh. The project, which is part of National Housing's Al Forsan suburb and approved by the Wafi off-plan sales program, is part of a partnership between Dar, Emaar and National Housing. The project was launched under the patronage of His Royal Highness Prince Faisal bin Bandar bin ... Read more
CBUAE licenses a new company to collect the debts of financial institutions
Reading time: < 1 MinuteThe Central Bank of Saudi Arabia announced the authorization of a new company to practice the activity of collecting the debts of financing entities, namely: Mani, in light of the licensing rules for activities that support the finance sector. This step comes as part of the Saudi Central Bank's role in supporting the empowerment of the finance sector and its supporting activities. In this regard, the Saudi Central Bank called on those wishing to obtain a license to practice the activity of collecting ... Read more
Crown Prince launches New Square Development Company to create Riyadh's largest ”Downtown”
Reading time: 2 MinutesHis Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Prime Minister and Chairman of the New Square Development Company, announced on Thursday the launch of the New Square Development Company to develop the world's largest modern Downtown in Riyadh, contributing to the future development of the capital in line with the objectives of Saudi Vision 2030. He will adopt ... Read more
Zamil: Addressing 169 Challenges in the Industry and Mineral Resources Ecosystem
Reading time: < 1 MinuteZamil: Addressing 169 Challenges in the Industry and Mineral Resources Ecosystem
