Ministry of Industry issues more than 37,000 certificates of origin in August

Ministry of Industry logo

Reading time: < 1 MinuteThe Ministry of Industry and Mineral Resources issued 37,730 “Certificates of Origin” during August 2024, as part of its efforts to support and streamline services for exporters across various sectors, including industrial, commercial, and individual sectors. A Certificate of Origin is a document certifying that products exported abroad are of domestic origin or have acquired domestic origin status. The service targets industrial establishments and the sector … Read more

13,502 cubic meters of construction waste removed in Abu Arish Governorate

Reading time: < 1 MinuteLast August, the Jazan Regional Secretariat removed 13,502 cubic meters of construction and demolition waste in the Abu Arish Governorate as part of its efforts to 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. The Mayor of Abu Arish, Engineer Ahmed Hakami, explained that the teams … Read more

A land and loan product. Learn about its benefits and how to take advantage of it

Territory

Reading time: 3 MinutesThe “Land and Loan” program is one of the leading housing initiatives in the Kingdom of Saudi Arabia, launched by the Ministry of Municipal and Housing Affairs in collaboration with the Real Estate Development Fund, with the aim of promoting opportunities for citizens to own land and housing units. This program enables beneficiaries to obtain a plot of land and a mortgage to build their own home, thereby supporting the government’s efforts to achieve the goals of Vision 2030 by increasing the rate of homeownership … Read more

In detail... Draft requirements for the provision of telecommunications services in real estate

Reading time: 2 MinutesThe Communications, Space, and Technology Commission has invited the transportation and telecommunications sector to submit comments and feedback on the “Regulations Governing the Establishment and Provision of Telecommunications Services in Real Estate” during the period from September 4 to October 3, 2024. This project aims to enhance digital infrastructure in properties and facilities and provide high-quality, cost-effective telecommunications services, thereby promoting competition and offering more options… Read more

“Municipalities and Housing launches ”Smart Assistant“ and ”City Management Platform” Get to know them

Reading time: < 1 MinuteAs part of its participation in the World Artificial Intelligence Summit held in Riyadh from September 10and 12 September 2024, launched its latest digital services, which leverage generative AI and emerging technologies in its operations through the “Smart Assistant” service and the “My City” city management platform. The Smart Assistant service, available via the “Baladi” app and the Ministry’s website, aims to facilitate communication with … Read more

The Al-Baha Municipality is implementing 11 housing projects and has signed 24 agreements for families most in need of housing

Reading time: 3 MinutesThe Al-Baha Regional Secretariat, represented by the Housing Affairs Agency, continues its efforts to develop and improve cities, enhance their services, and provide housing and financial solutions for the most needy families, increasing private sector participation, engaging for-profit organizations, and creating sustainable job opportunities. The Deputy Secretary of Al-Baha Region for Housing Affairs, Engineer Hamid Saeed Al-Amri, stated in a statement to “SPA” that 11 projects have been implemented … Read more

Real estate finance in Saudi Arabia. Advantages and tips to make the most of it

Real estate investment

Reading time: 2 MinutesMortgage financing is one of the key financial tools that helps individuals and families realize their dream of owning a home or investing in real estate. It is a financial system that allows individuals to borrow from banks or finance companies to purchase real estate, whether residential or commercial, with the loan repaid over long periods of time. With the development of the real estate sector in the Kingdom of Saudi Arabia and the increase in demand … Read more

USD 1.3 trillion in infrastructure and real estate projects since the launch of Vision 2030

Reading time: 3 MinutesKnight Frank, a real estate consulting firm, announced that the value of infrastructure and real estate projects unveiled by the Kingdom of Saudi Arabia since the launch of Vision 2030 in 2016 has reached US$1.3 trillion (equivalent to 4.88 trillion Saudi riyals). This figure serves as evidence of the Kingdom’s significant efforts to transform its development plans into … Read more

Qassim Municipality conducts more than 1700 inspections to curb urban violations

Municipality of Qassim

Reading time: < 1 MinuteThe Qassim Region Secretariat, represented by the Al-Basr Municipality, conducted 1,738 building inspection tours as part of its ongoing efforts to improve project quality and ensure compliance with approved engineering standards, during the first half of 2024. Several violations were identified during the inspection rounds, including the failure to provide containers for waste and construction debris, as well as other violations related to non-compliance with urban planning requirements. … Read more

“Real Estate Fund: ”Tatweer“ program supports 38 real estate companies to implement 41 residential projects in 2024

Real Estate Development Fund - Your Subsidy Equals Your Installment - Direct Lending

Reading time: < 1 MinuteThe Real Estate Development Fund revealed that the “Tatweer” program is supporting 38 companies operating in the real estate development and financing sector to build 41 residential projects in various regions of the Kingdom this year. Mansour bin Madi, CEO of the Real Estate Development Fund, explained that the program has enabled real estate developers to secure the necessary financing to build 3,749 housing units across 41 projects, with the aim of boosting supply … Read more