Who curates exhibitions and events?
Reading time: < 1 MinuteThe exhibitions and related events that kicked off this March have created a lot of excitement
Month: March 2023
Al-Haqeel approves guide to cover buildings under construction 6 months to address the status of existing buildings
Reading time: < 1 MinuteThe Minister of Municipal and Rural Affairs, Mr. Majid bin Abdullah Al-Hogail, approved the Guidelines for Covering Buildings Under Construction, which aim to reduce visual pollution and improve the urban landscape, protect the health and safety of project workers and road users, and regulate and organize construction sites and their licensing in accordance with standardized criteria. The guidelines will apply to buildings located on commercial streets for which permits have been issued … Read more
Restatex Riyadh Real Estate Exhibition 70 agreements and real estate funds worth 81 billion riyals
Reading time: < 1 MinuteRestatex Riyadh Real Estate Exhibition 70 agreements and real estate funds worth 81 billion riyals
Real Estate Registry operations in Riyadh, Jeddah and Dammam to start next Shawwal
Reading time: 2 MinutesThe General Real Estate Authority has set the first day of Shawwal 1444 AH, corresponding to May 2023 AD, as the start date for on-site real estate registration (“Real Estate Registry”) in accordance with its updated mechanism, based on the operational plan and readiness criteria in the city of Riyadh, the province of Jeddah, and the Dammam area. The neighborhoods eligible for property registration will be announced, and registration will begin gradually in the coming period. The Authority’s CEO explained … Read more
Saudi Central Bank licenses a company to practice digital brokerage for financial institutions
Reading time: < 1 MinuteThe Saudi Central Bank (SAMA) announced that it has granted a license to Future of Innovation Digital Brokerage to conduct digital brokerage activities for financial institutions in the Kingdom. The announcement was made in accordance with the licensing rules for activities supporting the financing sector, which include digital brokerage—an activity aimed at connecting customers with financing institutions based on their credit obligations and financial suitability, and to present the financing options available to them. This comes … Read more
«Saudi Refinance signs SAR 5 billion agreement with Al Rajhi Bank
Reading time: 2 MinutesThe Saudi Real Estate Refinancing Company (SRC), wholly owned by the Public Investment Fund, signed an agreement to purchase a real estate financing portfolio worth 5 billion Saudi riyals with Al Rajhi Bank, in the presence of His Excellency the Minister of Municipal, Rural Affairs, and Housing and Chairman of the Company’s Board of Directors, Mr. Majid bin Abdullah Al-Hogail, and the Chairman of Al-Rajhi Bank’s Board of Directors, Abdullah Al-Rajhi. This agreement, which … Read more
“Sakani” exhibition opens to present home ownership offers to employees of the Eastern Province Emirate
Reading time: < 1 MinuteDr. Khalid bin Muhammad Al-Batal, Deputy Governor of the Eastern Province, opened the “Sakani” exhibition yesterday to showcase the services provided by Sakani to employees of the Eastern Province Emirate, in the presence of Ayman bin Mohammed Saleh, Deputy Minister of Municipal, Rural Affairs, and Housing for Beneficiary Empowerment and Housing Support. The three-day exhibition aims to inform the Emirate’s employees about opportunities to own suitable housing, starting from the eligibility stage … Read more
«Bipan 23. Opening up investment horizons and supporting »low-income« companies»
Reading time: 2 Minutes«Bipan 23. Opening up investment prospects for »low-income« companies»
New platform for «private sector empowerment» in strategic sectors
Reading time: < 1 MinuteNew platform for «private sector empowerment» in strategic sectors
Supported by strong demand for units 536 billion riyals of real estate deals in 9 months
Reading time: 3 Minutes – 95,000 transactions in Riyadh, Jeddah, and Dammam – 3% increase in apartments and villas listed in Riyadh – 1.1 million residential units listed in Jeddah – 3,500 riyals per square meter in Dammam Sales of villas and residential units in the Kingdom rose during the first nine months of 2022, compared to 2021, supported by the continued … Read more
