Month: August 2023

Tightening: Real estate review committees are accepting requests for formal amendments

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Real estate applications

Reading time: < 1 MinuteThe Ihkam platform, affiliated with the General Authority for State Property, announced that the committees reviewing property ownership applications are accepting requests for minor amendments and requests to complete the procedures for final title deeds. “Ehkam” clarified that a new ownership application refers to an application for ownership of a property for which a final title deed has not yet been issued, and differs from a request to complete title deed procedures in that it … Read more

Al-Haqeel meets Chinese business leaders for cooperation in real estate and infrastructure development

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Cooperation with Chinese companies in real estate development

Reading time: < 1 MinuteHis Excellency Majid bin Abdullah Al-Hogail, Minister of Municipal, Rural Affairs, and Housing, met today in the Chinese capital, Beijing, with a number of leaders of Chinese companies specializing in housing infrastructure, as part of his official visit to China to promote opportunities for cooperation in the fields of infrastructure, urban development, housing, real estate development, and financing, in the presence of His Excellency the Kingdom’s Ambassador to the People’s Republic of China … Read more

Worth SAR 165.9 million Riyad Bank buys 5 million shares to support employee incentives

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Riyad Bank - Off-plan Selling - Real Estate Finance

Reading time: < 1 MinuteRiyad Bank has completed the purchase of the required quantity of its shares allocated to the Employee Incentive Share Program, based on the approval of the Extraordinary General Assembly held on March 26, 2023, the results of which were published on the Tadawul website. The bank said in a statement to ”Tadawul Saudi Arabia” that the value of the purchased shares amounted to 165.9 million riyals, with an average purchase price of 33.18 riyals per share, and reached … Read more

Prefabricated Buildings. Your gateway to the home of a lifetime

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What are the main advantages of prefabricated buildings?

Reading time: 2 MinutesPrefabricated buildings are structures that are manufactured in advance in a factory under strict quality control and supervision. The initial phase begins with the construction of the structures using raw materials that meet international standards and employing the latest production technologies, This is followed by the packaging phase and then rapid transport to the job site for the prefabricated building to be assembled and installed by specialists, ready for delivery to the customer… Read more

Real Estate Articles Knowledge Bank - Quality Client

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Sami Abdulaziz - Real Estate Articles

Reading time: 2 MinutesReal Estate Articles – Property Articles... Knowledge Bank- The Quality Client: Sami Abdulaziz We have previously explained that real estate clients can be divided into twenty-four types, and those who deal with clients—including salespeople, customer service representatives, and public relations staff at major real estate companies—must be fully aware of their needs and desiresand the most appropriate way to meet these needs, so as not to lose a client… Read more

39 % of white land invoiced in Riyadh in 1444 AH entered into circulation

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White Land Fees Program

Reading time: 2 MinutesThe White Land Program revealed that 391,000 square meters of developed land, on which fees had been applied and “invoices” during the first cycle of the second phase, issued in 1444 AH in the city of Riyadh. The total area of these plots exceeded 7.5 million square meters, which is expected to provide at least 12,000 residential and commercial units. Increase in land supply … Read more

7 regulations issued to regulate maritime activities in the Red Sea

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Saudi Red Sea Authority - Marine Activities

Reading time: < 1 MinuteThe Saudi Red Sea Authority announced the issuance of seven regulatory regulations concerning maritime activities in the Red Sea, covering the design and operation of tourist marinas, the classification of tourist vessels, cruise ships, tourism shipping agents, tour operators for marine tourism, the chartering of mega-yachts, and visiting private yachts. The Authority had worked on preparing these regulations in cooperation with the relevant authorities in … Read more

Creating a new type of glass brick for brighter, warmer homes

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Glass bricks

Reading time: < 1 MinuteScientists in Switzerland have developed a semi-transparent glass brick that allows light to pass through while still providing a secure barrier. The research team designed these new glass bricks from compressed aerogel to provide thermal insulation and transparency that allows light to enter and radiates warmth, according to a report published by Study Finds. The use of aerogel, the site says, means that glazed construction in … Read more

Real Estate Articles - Real Estate Articles - Tips for choosing an investment building

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Matar Al-Shammari, Old Buildings - Real Estate Marketing

Reading time: < 1 MinuteReal Estate Articles - Property Articles - Tips for Choosing an Investment Building by Matar Al-Shammari 1- The income or return on the building should be between 8% and 10%. 2- The location should be close to amenities. 3- The building should be leased. 4- It is preferable that the tenants be families rather than singles. 5- The building should consist of commercial spaces and residential apartments. 6- Make sure the building is not old to avoid … Read more

Real Estate Articles - Real Estate Articles “Administrative Efficiency” is a cornerstone of success

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Dr.. Mons Shujaa Real Estate Articles - Administrative Harmony

Reading time: < 1 MinuteReal Estate Articles – Property Articles… “Administrative Efficiency” Is the Cornerstone of Success Dr. Mouns Shujaa Controversy often arises between departments—particularly between Human Resources and the department that requested a manager to fill a specific role— and whether the position in question is at the senior management level or other supervisory levels, the issue of recruitment and the criteria for selecting the most suitable and qualified candidate for a vacancy arises… Read more

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