Month: November 2023

3650 cubic meters of construction and demolition waste removed in Abu Arish Governorate

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Removing construction and demolition debris

Reading time: < 1 MinuteLast October, the Jazan Regional Secretariat, represented by the Abu Arish Municipality, removed 3,650 cubic meters of construction and demolition waste as part of its efforts to identify and address visual disturbances, improve the urban landscape and quality of life, raise awareness and promote civilized behavior regarding the importance of preserving the environment, and protect public facilities in the governorate and its affiliated villages. In the same context, field teams were able to remove … Read more

Removing abandoned buildings on an area of 20,000 m2 in the area of Abraq Al-Raghama

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Removing construction and demolition debris

Reading time: < 1 MinuteThe Jeddah Municipality, in cooperation with relevant authorities, has removed a number of informal settlements in the Abraq Al-Ragama area covering an estimated 20,000 square meters, as part of its efforts to improve the urban landscape and address visual pollution. Khalil Hamoud Al-Zahrani, Mayor of Abraq Al-Ragama, explained that field teams carried out a joint campaign in the “Al-Waha” neighborhood, which resulted in the identification of abandoned buildings in danger of collapsing, … Read more

The Executive Regulations of the Real Estate Contributions Law define three categories of contributions

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Riyadh - Real Estate in Riyadh - Trade Names System

Reading time: 3 Minutes  The executive regulations of the Real Estate Contribution System classify contributions by size into three categories: contributions not exceeding 50 million riyals, contributions of no less than 50 million riyals and no more than 300 million riyals, and contributions exceeding 300 million riyals. This was outlined in the draft regulations proposed by the General Real Estate Authority via the “Istislaa” platform, with the aim of enabling the public … Read more

Details of the draft Real Estate Contributions Law Licensing Procedures and Offering Conditions

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Public Authority for Real Estate - Off-plan Selling

Reading time: 2 MinutesThe General Real Estate Authority has unveiled a draft regulation on real estate contributions, which it has put forward for public comment via the Isti'la platform. According to the draft system, real estate contributions are classified by size into two main categories: the first is small real estate contributions, where the total funds raised do not exceed 100 million riyals, and the second is large real estate contributions, where the total funds raised exceed 100 … Read more

Construction Building Materials Index declines. Cable and cement prices rise

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Building-Construction-Materials

Reading time: < 1 MinuteThe index of construction material prices in the Kingdom for 2023 showed a decline of 9.1% in September compared to January of this year, with all components of the index falling —except for cable prices, which rose by 3.1%, and cement prices, which rose by 1.1%. This decline in construction material prices has a positive impact … Read more

23,588 transactions on the real estate exchange in October

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Real Estate Exchange - Real Estate Deals

Reading time: < 1 MinuteReport by: Mohammed Jamos: Data from the Real Estate Exchange showed that 23,588 transactions were completed last October across the region, with a total value of 27.58 billion riyals. The total area traded reached 116 million square meters, The average price was 238 riyals per square meter, while the highest price reached 192,043 riyals per square meter. Real Estate Transactions in October Number of Transactions: 23,588 real estate transactions. … Read more

Industry: More than 38,000 certificates of origin issued last month

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Ministry of Industry logo

Reading time: < 1 MinuteThe Ministry of Industry and Mineral Resources issued 38,988 “Certificates of Origin” last October as part of its efforts to support and streamline services for exporters across various sectors, including industrial, commercial, and private. A Certificate of Origin is a document certifying that products exported abroad are of national origin or have acquired national origin status. The service targets industrial establishments and the sector … Read more

Artificial Intelligence Inspires 10 Decorating Apps

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Artificial Intelligence. Design and decoration

Reading time: 3 MinutesThe use of artificial intelligence applications is growing day by day, and they are now being integrated into various sectors and activities, including interior design and decoration. AI has been used in many interior design projects and now functions much like human designers, producing work that impresses many. These applications also allow designers to create a wide variety of designs … Read more

Chairman of the Real Estate Authority: We aim to open new markets to diversify the national economy

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

Reading time: 2 MinutesThe Chairman of the General Real Estate Authority, Engineer Abdullah bin Saud Al-Hammad, emphasized that the launch of the ”Saudi ProTech” conference marks a new milestone for the real estate sector in leveraging real estate technologies to deliver products and services and enhance the customer experience. noting that, in line with its role in regulating the real estate sector, the Authority aims to stimulate real estate activities and encourage investors to develop the market by organizing specialized exhibitions and conferences … Read more

Thermal insulation. State-of-the-art technology to contain the entire building envelope

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Reading time: 2 MinutesThermal insulation... the latest technology for fully enclosing the building’s exterior envelope—“warm in winter and cool in summer”— this is what the latest thermal insulation technologies provide to maintain the desired temperature inside the home, independent of and isolated from the outside climate. The concept of thermal insulation is not new; it is simply a system that limits heat exchange, trapping heat inside buildings in … Read more

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