Month: August 2024

VIDEO Everything you need to know about the third edition of the Industry Hackathon“

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Reading time: 2 MinutesThe Saudi Industrial Development Fund (SIDF) has announced the start of registration for the third edition of the “Industry Hackathon”, which is being held under the theme “Your Creativity Has Impact”, under the patronage of H.E. Mr. Bandar bin Ibrahim Al-Khuraif, Minister of Industry and Mineral Resources and Chairman of the Industrial Fund Board of Directors. The hackathon aims to capitalize on the creativity of citizens and residents and harness their energies to create creative solutions to the challenges of national factories, in line with the strategy of ... Read more

Medina Chamber offers investment opportunities to establish commercial, hotel and entertainment facilities

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Medina Chamber of Commerce - Commercial Register

Reading time: < 1 MinuteThe Chamber of Commerce and Industry in Madinah, through the city's investment platform, has announced investment opportunities available to the private sector to contribute to the development and services provided in the region. The available investment opportunities are the construction, operation and maintenance of parking lots and a multi-use building, with an area of more than 11,000 square meters in the Fath neighborhood in Medina, and the construction, operation and maintenance of a sports, commercial, hotel and entertainment facilities project ... Read more

7 steps to request additional grace period for disbursement of finance payments

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Real Estate Development Fund - Housing Subsidies

Reading time: < 1 MinuteThe Real Estate Development Fund (REDF) has clarified the steps to request an additional grace period for the disbursement of financing payments to complete the construction stages via the Fund's website. According to an infographic published by the Fund on its account on the social networking site “X”, the request for an additional grace period for the disbursement of financing payments includes the following seven steps: Log on to the website redf.gov.sa Select “Services” Make sure to update your data through “Update Completion Milestones ... Read more

Minister of Commerce appoints 9 members of the Board of Directors of the Riyadh Chamber of Commerce for the next session (1446-1450H)

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Reading time: < 1 MinuteHis Excellency the Minister of Commerce, Dr. Majid bin Abdullah Al-Qasabi, issued a decision appointing nine members of the Board of Directors of the Riyadh Chamber of Commerce, completing the members of the Chamber's Board of Directors for the next session (1446-1450 AH). Al-Qasabi's decision was issued to appoint the following: Thamer bin Abdullah Mohammed bin Reis, Khalid bin Abdulrahman Abdullah Al-Qwaiz, Khulood bint Abdulaziz Mohammed Al-Dakhil, Ziad bin Abdullatif Saleh ... Read more

“National Housing signs agreement to provide tower coverage services and implement smart city applications

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National Housing Company

Reading time: < 1 MinuteNational Housing Company (NHC) has signed an agreement with Tawal Telecommunication Towers Company (Tawal) to cooperate in the field of telecommunication tower infrastructure and enable the urban projects developed by NHC in various regions of the Kingdom to implement smart city applications. The signing ceremony took place in Khuzam suburb, north of Riyadh. NHC was represented by H.E. Mr. Abdullah Al-Maikel, Head of Land Development Sector, and from ... Read more

Survey on the Regulations for the Establishment and Provision of Telecommunications Services in Real Estate in Saudi Arabia

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Reading time: < 1 MinuteThe Communications, Space and Technology Commission (CSTC) has invited the public to provide feedback on the “Regulations for Establishing and Providing Telecommunications Services in Real Estate“ document, which regulates procedures and defines the responsibilities of land and facility developers and telecommunications service providers. The document aims to provide high-quality and sustainable telecommunications services in real estate, promote competition to provide high levels of performance and options for users, and set standards for the implementation of ... Read more

Sustainability at the heart of real estate transformation

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Real Estate Transaction Value - Real Estate Sales - Residential Real Estate

Reading time: 2 MinutesSustainability at the heart of real estate transformation Lana Fahad Al-Shabana The Saudi real estate market has witnessed a remarkable shift towards sustainability in recent years, with the announcement of Saudi Vision 2030 in 2016, which encouraged the development of sustainable projects and the enhancement of environmental infrastructure. This trend reflects the interest of real estate companies in adopting sustainable development, which seeks to achieve a balance between the economic and social dimensions ... Read more

Saudi Water Authority issues fines of more than one million riyals to 24 violators

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Reading time: < 1 MinuteThe Saudi Water Authority (SWA), represented by the Committee for the consideration and adjudication of violations of the provisions of the Water Law related to the Authority's jurisdiction, issued a set of decisions regarding the violations that were seized and submitted to the Committee by the authorized control authorities. The decisions included financial fines totaling more than one million riyals for (24) violators, in accordance with the provisions of paragraphs (12) and (14) of Article (67) of the ... Read more

Municipality of Tabuk invites landowners on the main axes to fence their land

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Reading time: < 1 MinuteThe Municipality of Tabuk announced that the initiative to fence vacant lands in the region has entered into force, with 141 pieces targeted for fencing as the third phase, calling on all landowners to fence their lands to avoid financial penalties. The third phase of fencing in the Tabuk region includes 30 plots on Abu Bakr Al-Siddiq Road, 20 plots on King Abdulaziz Road, and 20 plots on King Abdulaziz Road. Read more

Municipality of the Holy Capital issues 185 building compliance certificates and 56 building permits in 10 days

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Municipality of the Holy Capital

Reading time: < 1 MinuteThe Municipality of the Holy Capital issued (185) compliance certificates for buildings located within the targeted roads and streets in various streets and neighborhoods of Makkah, during the period from 11-8-2024 to 21-8-2024. The Municipality explained that it continues to receive requests for issuing certificates for buildings located within the targeted roads and streets after correcting their situation, with the aim of ensuring that the owners of these commercial buildings are free from elements of visual distortion, ... Read more

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