Month: April 2023

Crown Prince launches 4 special economic zones in Saudi Arabia, opening new horizons for development

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Crown Prince Mohammed bin Salman

Reading time: 2 MinutesHis Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Prime Minister, and Chairman of the Council of Economic and Development Affairs —may God protect him—yesterday announced the launch of four special economic zones, in a move that reflects His Highness’s commitment to developing and diversifying the Saudi economy and improving the investment environment, thereby strengthening the Kingdom’s position as a leading global investment destination under the leadership of … Read more

«State Real Estate» Offers 8 Rental Opportunities Through the Intifaq Platform

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Public Authority for State Properties

Reading time: < 1 MinuteThe General Authority for State Property has announced, via the "Intifaq" platform, offering eight new opportunities for property owners to provide real estate suitable for the needs of government agencies, including seven opportunities in the capital Riyadh and one in the province of Jeddah, with varying office spaces and technical requirements depending on each opportunity. This comes in implementation of the procedures set forth in Article 8 of the State Real Estate Leasing System, which stipulates that the Authority … Read more

«The Ministry of Municipalities and Housing Signs a Three-Year Cooperation Agreement with Cityscape Global

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«The Ministry of Municipalities and Housing Signs a Three-Year Cooperation Agreement with Cityscape Global

Reading time: < 1 MinuteThe Ministry of Municipal, Rural Affairs, and Housing has signed a memorandum of cooperation with “Tahaluf,” a partnership between the Saudi Federation for Cybersecurity, Programming, and Drones and Informa, a company specializing in the development, organization, promotion, and management of various events, under the patronage of His Excellency the Minister of Municipal, Rural Affairs, and Housing, Mr. Majid bin Abdullah Al-Hogail, and in the presence of His Excellency the Deputy Minister, Engineer Abdullah bin Mohammed Al-Badeer, and the Chairman of the Federation’s Board of Directors … Read more

How do you sell real estate without losing money?

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Mortgage Loan - Housing Units

Reading time: < 1 MinuteSelling a property is no easy task for many, but by following these tips, you can complete the sale without incurring a loss. 1. Take high-quality photos of the property: This is a key factor in attracting and engaging potential buyers. Before taking the photos, tidy up and prepare the house. 2- Repaint the property if necessary. If the walls are still in good condition, this will help… Read more

France's central bank refuses to ease mortgage conditions

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Mortgage Loan Terms in France

Reading time: < 1 MinuteThe Bank of France has confirmed its opposition to any move aimed at easing mortgage lending conditions and criteria. Bloomberg News reported, citing a statement from the central bank, that easing mortgage lending conditions and criteria could push some households to take on too many long-term loans with higher interest rates. It added that now is the worst time to ease borrowing conditions because France … Read more

«ROSHN donates SAR 25 million to the Ihsan platform»

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Roshan Real Estate Company - Residential Projects

Reading time: < 1 MinuteRoshen Real Estate Group, the Kingdom’s leading real estate developer and a subsidiary of the Public Investment Fund, announced a donation of 25 million riyals to the national charitable platform “Ihsan,” as part of the “Yahyaik” social responsibility program, following the signing of a one-year agreement between the two parties. The donation will involve the “Yahyaik” program and the “Ihsan” charitable platform launching a national campaign covering numerous … Read more

Industry conducts 1256 inspections of mining sites in March

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Mining

Reading time: < 1 MinuteThe Ministry of Industry and Mineral Resources, represented by the Mining Control Agency, conducted 1,256 inspection visits to a number of mining sites across the Kingdom during the month of March, and issued 21 penalties against facilities violating the Mining Investment Regulation, including (12) penalties for the exploitation of sand and gravel, (7) penalties for the exploitation of limestone, one penalty for the exploitation of clay, and one penalty for the exploitation of backfill materials … Read more

National Housing Authority reviews its achievements and technical initiatives to the Digital Government Authority

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National Housing

Reading time: < 1 MinuteIn the presence of His Excellency Majid bin Abdullah Al-Hogail, Minister of Municipal, Rural Affairs, and Housing, Mohammed bin Saleh Al-Bati, CEO of National Housing, welcomed His Excellency Ahmed Al-Suwaiyan, Governor of the Digital Government Authority. The purpose of this visit was to learn about National Housing’s unique experience in developing and operating seven digital platforms, as well as its ability to leverage the latest technologies to enhance efficiency and increase productivity, … Read more

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