Month: June 2024

Thermal and waterproofing Everything you need to know to protect rooftops from the sun and rain

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Reading time: 2 MinutesThermal and water insulation for rooftops is one of the key factors that contribute to improving energy efficiency, preserving building structures, and providing a comfortable environment for residents. Effective insulation is a crucial factor in reducing energy consumption and maintaining stable indoor temperatures. In this article, we will discuss the importance of thermal and waterproof insulation for rooftops, the types of insulation available, and their benefits … Read more

14 New Amendments to the Regulation on Monitoring of Finance Companies

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Mortgage Loans - Finance Companies

Reading time: 4 MinutesIn its latest issue published today, Friday, the Umm al-Qura newspaper reported that the Council of Ministers, chaired by the Custodian of the Two Holy Mosques King Salman bin Abdulaziz, recently approved an amendment to the regulations governing finance companies. The newspaper published Cabinet Decision No. (1016) dated 27/11/1445 AH, the text of which reads as follows: The Cabinet, after reviewing the matter at its meeting chaired by the Custodian of the Two Holy Mosques … Read more

IMF calls on Denmark to provide additional guarantees against real estate risks

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Reading time: < 1 MinuteThe International Monetary Fund said Denmark needs to take additional measures to address “vulnerabilities” in its real estate market. In its latest report on Denmark, the IMF said Danish authorities should consider imposing “stricter conditions on new mortgages granted to highly indebted households,” according to Bloomberg News. The Scandinavian country, which … Read more

Canada's housing starts rise to 7-month high

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Reading time: < 1 MinuteThe number of new housing starts in Canada rose in May to its highest level in seven months. Data from the Canadian Mortgage and Housing Corporation , as reported by Bloomberg News, that construction began on 264,506 housing units last month, a 91.7% increase compared to the previous month. This figure exceeded experts“ estimates … Read more

Ejar platform clarifies cases in which rent can be transferred directly to the landlord

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Real Estate - Ejar Platform

Reading time: < 1 MinuteThe Ejar platform clarified that direct transfers of rent payments to the landlord’s account are possible in certain specific cases. In a tweet on its social media account on “X,” the platform stated that direct transfers are possible if the lease is valid, and before the mandatory payment date via Ejar, the tenant can pay via bank transfer to the broker or landlord, or … Read more

Reports: The Kingdom's business sector efficiency jumps to 12th place globally

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Riyadh - Business - Localization of real estate activities and professions

Reading time: < 1 MinuteThe Kingdom has made significant strides in business efficiency, ranking 12th globally and fourth among G20 countries, according to the World Competitiveness Yearbook, published by the World Competitiveness Center at the International Institute for Management Development (IMD), which is one of the key competitiveness reports monitored and analyzed by the National Competitiveness Center in coordination with government agencies … Read more

Photos | The best and latest home decor for small apartments

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Small Apartments 3 Latest Home Decor

Reading time: 3 MinutesWith the growing trend toward urban living and the increasing popularity of small apartments as a preferred housing option, it has become essential to explore the best and latest home decor ideas that enhance the beauty and functionality of these spaces. Small apartment designs rely on striking a balance between function and aesthetics, with a focus on efficient use of space. In this report, we will cover the most prominent trends and ideas that help in … Read more

10.5 % Rental prices rise in Saudi Arabia in May

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General Authority for Statistics - Residential Rental Prices

Reading time: < 1 MinuteThe latest data released by the General Authority for Statistics showed that actual residential rental prices in the Kingdom rose by 10.51% during the month of May, driven by a 14.3%, noting that the rise in this category had a significant impact on the continued pace of annual inflation for May 2024, given that this category accounts for 21% of the total weight … Read more

Top Trends in Facade Design and Finishing

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Building Facades - Safety and Security

Reading time: 3 MinutesWhen designing modern home exteriors, you should use high-quality materials that combine durability and elegance to ensure a completely safe design experience, and fit your budget when using strong rocks and stones to create unique designs for various building decorations and add your own personal touches to the overall architectural structure of the house that everyone can see. You can also … Read more

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