Month: June 2024

Makkah Chamber accelerates the issuance of licenses in the accommodation and hospitality sector in preparation for the Hajj season

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Reading time: < 1 MinuteThe Makkah Chamber of Commerce is helping to enhance and improve the level of readiness and preparations for pilgrims to the Holy Mosque during this year’s Hajj season by facilitating and expediting the process of issuing licenses to investors through the Chamber’s Joint Operations Center for the Hospitality and E-Commerce Sector. The center addresses the challenges facing investment in this vital sector by providing advisory services … Read more

Sultan bin Abdulaziz Charity Foundation delivers a number of housing units documents to beneficiaries

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Mortgage Loan - Housing Units

Reading time: < 1 MinuteThe Sultan bin Abdulaziz Charitable Foundation handed over allocation documents for several housing units to new beneficiaries in Al-Ghat Governorate, in the presence of Mansour bin Saad Al-Sudairi, Governor of Al-Ghat and Chairman of the Foundation’s Housing Committee in Al-Ghat, after the Foundation completed the renovation and furnishing of these units with appropriate furniture. The Foundation’s charitable housing project in Al-Ghat Governorate, consisting of 71 housing units, is one of the projects … Read more

“Riyadh Villas Contracting participates in the International Sustainable Building and Construction Exhibition

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Riyadh Villas Contracting - International Building and Construction Exhibition

Reading time: < 1 MinuteRiyadh Villas Contracting Company participated in the International Exhibition for Construction and Sustainable Building, a leading event that brought together the most prominent experts and specialists in the field of construction. The exhibition aims to showcase the latest technologies and innovations in sustainable construction and to encourage knowledge sharing and collaboration among international companies and institutions. The company explained that during its participation, it took the opportunity to network with many industry professionals and explore … Read more

National Housing signs 5 agreements for real estate development in Makkah Gate suburb

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Reading time: 2 MinutesHis Excellency Majid bin Abdullah Al-Hogail, Minister of Municipal, Rural Affairs, and Housing, witnessed the signing of five real estate development agreements between the National Housing Company and each of the following companies: Across the Kingdom Real Estate Company, Ajdan Real Estate Development Company, Samo Real Estate Company, Abdulrahman Al-Rashid Company, and Al-Tahaf Real Estate Company, on the sidelines of the inauguration of the Bawabat Makkah suburb—the first of the National Housing Company’s suburbs in the Holy City, … Read more

Al-Haqeel inaugurates Makkah Gate, the first National Housing suburb in the Holy Capital

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Reading time: 2 MinutesUnder the patronage of His Royal Highness Prince Khalid bin Faisal bin Abdulaziz, Advisor to the Custodian of the Two Holy Mosques and Governor of the Makkah Region, His Excellency the Minister of Municipal, Rural Affairs, and Housing, Mr. Majid bin Abdullah Al-Hogail, yesterday inaugurated the “Bawabat Makkah,” the first urban suburb developed by the National Housing Company in the Holy Capital, in the presence of the CEO of the National Housing Company, Mohammed bin Saleh Al-Bati. The suburb … Read more

NEOM announces Maqna World on the Gulf of Aqaba coast Featuring 12 luxury tourist destinations

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Reading time: 2 MinutesThe NEOM Board of Directors announced the “Magna” project, NEOM’s coastal luxury tourism district on the Gulf of Aqaba, which represents a significant addition to the portfolio of pioneering and sustainable tourism projects currently being developed in NEOM. 12 Tourist Destinations in the Makna Tourism Project The project comprises 12 main destinations: “Lega,” ”Ipicon,” ”Serana,” ”Otamo,” ”Norlana,” ”Aquelm,” ”Zardon,” ”Zenor,” ”Alanan,” ”Qaidori,” ”Triam,” and ”Jaumor.” … Read more

New Square Development Company announces the preparation of a comprehensive study to implement the upcoming smart cities

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Reading time: 2 MinutesThe New Square Development Company announced that it has prepared a comprehensive study for the implementation of future smart cities, scheduled for release within six months. The study will focus on developing an innovative hub for seamless mobility through the adoption of self-driving vehicles, automated parking, and electric vehicle charging stations, It also unveiled solutions for renewable energy, energy efficiency in urban areas, and technology … Read more

“Municipality and Housing” invites the public to express their views on the requirements for shops selling and renting construction equipment Details

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Sale and rental of construction equipment

Reading time: < 1 MinuteThe Ministry of Municipal and Rural Affairs and Housing has invited the public and interested parties to share their opinions and suggestions regarding the draft requirements for stores selling and renting construction equipment through a survey platform by June 7, 2024. These requirements aim to achieve the goals of developing and improving the business environment in a way that fulfills the aspirations and overall objectives of both individuals and society, assist those wishing to invest in this sector, and raise compliance standards to address … Read more

Infographic: 4 obligations of the real estate developer according to the regulation of selling and leasing off-plan real estate projects

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Off-plan Real Estate Projects Real Estate Contributions

Reading time: 2 MinutesThe General Real Estate Authority has revealed four obligations for real estate developers as specified in the executive regulations of the system governing the sale and lease of off-plan real estate projects. In an infographic posted on its “X” social media account, the Authority stated that these obligations are as follows: Submitting financial statements at the completion of the real estate project, prepared by a certified public accountant, to the Authority or upon its request. Providing the buyer or tenant with all plans … Read more

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