Month: August 2023

Reading time: < 1 MinuteThe Jeddah Chamber of Commerce hosted a workshop “Initiative to Enhance Local Contractors’ Participation in Public Investment Fund Projects,” based on the partnership and cooperation between the Jeddah Chamber of Commerce, the National Committee of Contractors at the Council of Saudi Chambers, and the Public Investment Fund, attended by contractors and those interested in the real estate sector. During the workshop, participants were introduced to the projects of PIF companies, mechanisms to facilitate registration for project inquiries, and methods for national companies to apply for the sector… Read more

Reading time: 2 MinutesThe General Real Estate Authority has released a draft regulation governing real estate consulting and analysis via the “Istislaa” platform; with the aim of enabling the public, government agencies, and the private sector to express their views and comments on them before their adoption in September of this year, 2023. In a statement, the Real Estate Authority confirmed that the regulations published for consultation with various segments of the real estate sector are part of a system of real estate legislation aimed at … Read more

Reading time: < 1 MinuteThe Ministry of Municipal, Rural Affairs, and Housing has announced its intention to update the classification regulations for urban service providers to meet the needs of end-users, with any improvements directly benefiting contractors. This announcement came during the participation of Engineer Saleh Al-Zahrani, Director General of the General Administration for Commercial Work Quality at the Ministry, in a workshop organized by the Madinah Chamber of Commerce in cooperation with the Ministry of Municipal, Rural Affairs and Housing and the Saudi Council of Engineers … Read more