Month: September 2023

Real Estate Development Fund and Sakan sign SAR 1.2 billion partnership agreement

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Real Estate Development Fund - Mortgage Loan Installments

Reading time: < 1 MinuteThe Real Estate Development Fund (REDF) has signed a partnership agreement with the Community Development Housing Corporation (Sakan) to develop various financing solutions worth 1.2 billion riyals, on the sidelines of Cityscape Global. The agreement comes in the context of supporting aspects of cooperation and enabling the non-profit sector to provide its social contribution in empowering Saudi families according to their needs and financial ability to own housing, in fulfillment of the objectives of the ... Read more

“Municipality and Housing” signs MoU with Downtown Saudi Arabia to develop new projects

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"Municipality and Housing" signs Memorandum of Understanding with "Downtown Saudi Arabia"

Reading time: 2 MinutesThe Ministry of Municipal and Rural Affairs and Housing and Downtown Saudi Arabia, a wholly-owned subsidiary of the Public Investment Fund that will develop destinations and urban centers in 12 Saudi cities, signed a memorandum of understanding to develop planning and design standards for the company's projects, on the sidelines of the second day of the Cityscape Global exhibition hosted by the Kingdom in Riyadh, in the presence of HE the Deputy Minister of Municipal Affairs ... Read more

ROSHN launches its digital real estate platform for online real estate purchases

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Roshan Real Estate Company - Residential Projects

Reading time: < 1 MinuteAt Cityscape Global, ROSHN Group launched a new online real estate platform that offers customers an integrated online home-buying experience. The platform offers customers a comprehensive digital experience through which the home buying process is completed digitally. The platform's innovative and interactive interface provides customers with maps and detailed information about the available real estate units, making ... Read more

New collaboration between Municipality and Housing and Sakan to launch additional models for vulnerable families

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Cooperation agreement between Municipality and Housing and Sakan to launch new models for needy families

Reading time: < 1 MinuteThe Ministry of Municipal and Rural Affairs and Housing, represented by the Ministry's Agency for Beneficiary Empowerment and Housing Support, and the Community Development Housing Corporation (Sakan) have signed a cooperation agreement to launch new models that enable the neediest families to obtain adequate housing, in the presence of HE Deputy Minister of Municipal and Rural Affairs and Housing Engineer Abdullah bin Mohammed Al Badir, in the presence of the Minister of Municipal and Rural Affairs and Housing. This came on the sidelines of the Cityscape Global exhibition, ... Read more

«Wafi signs MoU to support real estate developers» projects in the tourism sector

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Wafi and the Tourism Development Fund sign a Memorandum of Understanding

Reading time: < 1 MinuteThe Off-Map Sale or Leasing Committee (Wafi) yesterday signed a memorandum of understanding with the Tourism Development Fund (TDF) to enhance joint cooperation and benefit from the services provided by both parties to achieve the objectives of the comprehensive strategy for the real estate sector and the national strategy for tourism, by supporting the projects of real estate developers in the tourism sector. This came on the sidelines of the global Cityscape exhibition, which is hosted by the Kingdom ... Read more

Development Housing Corporation plans to provide 1,000 housing units for needy families

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Majid Al-Hogail - Off-plan Real Estate Sale and Leasing System

Reading time: < 1 MinuteHis Excellency the Minister of Municipal and Rural Affairs and Housing, Mr. Majid bin Abdullah Al-Hogail, and His Excellency the Minister of Human Resources and Social Development, Engineer Ahmed bin Sulaiman Al-Rajhi, today witnessed the signing of a tripartite partnership agreement between the Developmental Housing Program (DHP) and the Charitable Foundation for Orphan Care (Ikhaa) on the sidelines of the Cityscape Global exhibition, which is being hosted by the capital, Riyadh, during ... Read more

Abdullah Al-Hammad: 12 real estate legislations issued since the establishment of the Public Authority for Real Estate

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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 Authority for Real Estate, Engineer Abdullah bin Saud Al-Hammad, explained that since the establishment of the Authority in 1438 AH, 12 real estate legislations have been issued, including real estate systems, executive regulations, regulations and organizational rules, and this amount in a few years reflects the interest of the wise leadership in real estate development on the one hand, and the seriousness of the General Authority for Real Estate in raising the governance of the sector on the other hand, ... Read more

Saudi Contractors Authority launches Saudi Infrastructure Summit 2023

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Saudi Contractors Authority - Contracting Industry

Reading time: < 1 MinuteThe activities of the Saudi Infrastructure Summit and the accompanying exhibition, organized by the Saudi Contractors Authority in cooperation with DMG Events, kicked off yesterday at the Riyadh International Exhibition and Convention Center in Riyadh under the patronage of the Ministry of Municipal and Rural Affairs and Housing. Chairman of the Saudi Contractors Authority, Engineer Zakaria Al-Abdulqader, emphasized the authority's endeavor through this summit to be an effective platform for all ... Read more

Al-Haqeel honors real estate brokers who are proactive in complying with the real estate brokerage system

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Real Estate Brokerage Compliance

Reading time: < 1 MinuteHis Excellency the Minister of Municipal, Rural Affairs and Housing and Chairman of the Board of Directors of the General Authority for Real Estate, Mr. Majid bin Abdullah Al Haqeel, honored real estate brokers (individuals - establishments) and real estate platforms that have taken the initiative to comply with the real estate brokerage system, within the activities of the Cityscape Global Exhibition. During the activities of the second day of the exhibition, 10 real estate brokerage establishments and the first 10 ... Read more

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