Month: March 2023

Riyadh Bus launches first phase of service to cover 15 routes

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Reading time: 2 MinutesThe Royal Commission for Riyadh City announced the launch of the first phase of the “Riyadh Buses” service, as part of the King Abdulaziz Public Transportation Project in Riyadh. This phase includes the operation of more than 340 buses serving passengers at 633 stations and stops, covering 15 of the “Riyadh Buses” network’s 86 routes. The Commission explained that the launch of the first phase of … Read more

Announcing the names of 40 companies that qualified to compete for 12 building materials quarry licenses in Jeddah

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Reading time: 2 MinutesThe Ministry of Industry and Mineral Resources announced via the “Mining Platform” the names of 40 companies that have qualified to compete for 12 licenses for construction material quarries at the new Jeddah Crushers Complex in the Makkah Region, These include 5 licenses for crushed stone and 7 licenses for backfill materials. The ministry clarified that it received 52 applications for participation through the “Tadmin” platform, of which 40 passed the qualification process, while … Read more

«Municipality and Housing»: Addressing more than 40,000 reports to improve the urban landscape

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Ministry of Municipalities and Housing - Group Housing Requirements

Reading time: < 1 MinuteThe Ministry of Municipal, Rural Affairs, and Housing announced that more than 40,000 requests submitted through the “Tawakkalna Services” app as part of the Urban Landscape Improvement Service have been processed, from the service’s launch in mid-July 2022 through the end of October of the same year. This initiative is part of a joint collaboration between the Ministry of Municipal, Rural Affairs, and Housing and the Saudi Data and Intelligence Authority … Read more

ROSHN signs 7 agreements worth SAR 8 billion to continue work on its various projects

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Reading time: < 1 MinuteRoshon Group, one of the Public Investment Fund’s major projects and a leading real estate developer in the Kingdom, announced the signing of seven agreements worth up to 8 billion Saudi riyals to develop infrastructure and various facilities in its communities across the Kingdom. The signing ceremony took place on the sidelines of the Public Investment Fund-Private Sector Forum held in Riyadh from the 14th to the 15th … Read more

«Residential»: 20,000 Saudi families have lived in their first home since the beginning of the year

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Reading time: 2 MinutesThe “Sakani” program reported that 7,510 Saudi families benefited from all the housing options and financing solutions the program offers online to its beneficiaries through simple and accessible procedures during the month of February. Meanwhile, 10,218 Saudi families moved into their first homes, bringing the total number of beneficiary families since the beginning of the year to 17,519, while the number of families who moved into … Read more

«Rental Index records more than 162,000 transactions in February It adds 6 new cities

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Rent - Residential Contracts - Refunds

Reading time: 2 MinutesThe online rental services network “Ejar” announced that the “Rental Index” recorded more than 162,000 rental transactions during the month of February, as part of the reports and data issued by the network in collaboration with the Sakani platform, and the addition of six new cities to the Rental Index, namely: (Taif, Rabigh, Unaizah, Hafar Al-Batin, Ras Tanura, and Khamis Mushait), bringing the total number of cities covered by the index to 22 in … Read more

«Downtown Saudi» and «Manshaat» Sign a Memorandum of Understanding to Support Entrepreneurship

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Reading time: 2 MinutesDowntown Saudi, a company wholly owned by the Public Investment Fund, signed a memorandum of understanding with the General Authority for Small and Medium Enterprises “Monsha’at” to explore ways to develop and support the entrepreneurial ecosystem and small and medium-sized enterprises (SMEs) within the company’s projects in 12 cities across the Kingdom through the exchange of expertise and cooperation in creating opportunities and developing businesses in certain sectors. The memorandum was signed by … Read more

«The Ministry of Municipalities and Housing Participates in MIPIM, the Leading International Real Estate Event in France

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Deputy Minister of Municipal, Rural, and Housing Affairs, Engineer Abdullah bin Muhammad Al-Badeer

Reading time: < 1 MinuteHis Excellency the Deputy Minister of Municipal, Rural, and Housing Affairs, Engineer Abdullah bin Mohammed Al-Badeer, is leading the ministry’s delegation participating in the MIPIM exhibition in Cannes, France, which is being held from March 14–17. The MIPIM exhibition is one of the world’s most prestigious trade shows and the leading international event in the real estate and investment sector, bringing together the largest government agencies … Read more

The Real Estate Authority reviews the sector strategy at the «Oman Real Estate Conference 2023»

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CEO of the General Real Estate Authority Engineer Abdullah bin Saud Al-Hammad

Reading time: < 1 MinuteThe CEO of the General Real Estate Authority, Engineer Abdullah bin Saud Al-Hammad, confirmed yesterday that the contribution of Saudi real estate activities to non-oil GDP reached (12.8%) during the third quarter of 2022. This announcement came during the CEO’s participation in the session on “Real Estate Legislation and Laws” as part of the Amman Real Estate Conference 2023, organized by … Read more

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