Month: November 2024

«Industry» issues 28 mining licenses in August

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Reading time: 2 MinutesThe Ministry of Industry and Mineral Resources issued 28 new mining licenses in August 2024, including 10 exploration licenses, 9 building materials quarry licenses, 6 licenses for surplus mineral ores, and 3 exploration licenses; according to a report by the Ministry’s National Center for Industrial and Mining Information. The official spokesperson for the Ministry of Industry and Mineral Resources, Jarah bin Mohammed Al-Jarrah, explained that … Read more

«Sakan strengthens its development efforts in Najran with the delivery of 138 new housing units

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Reading time: < 1 MinuteThe private housing development foundation «Sakan» continued its development efforts in the Najran region, aimed at providing adequate housing for the most needy families, with 138 housing units handed over to beneficiaries today. Abdulaziz bin Saleh Al-Kuraidis, Secretary-General of the «Sakan» Foundation, expressed his thanks and appreciation to His Highness Prince Jalawi bin Abdulaziz bin Musa’ad, Governor of the Najran Region, for his kindness in handing over the housing units … Read more

“Monsha'at celebrates the graduation of 12 startups from the Real Estate Innovation Accelerator at Bipan 24

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Residential program

Reading time: 2 MinutesThe General Authority for Small and Medium Enterprises (Monsha'at), in partnership with the Ministry of Municipalities and Housing, celebrated the graduation of 12 startups from the Real Estate Innovation Accelerator, during the Biban 24 forum, held under the theme “A Global Hub for Opportunities,” in the presence of a number of officials, entrepreneurs, and investors. The accelerator aims to develop the real estate sector and strengthen its infrastructure by accelerating the growth of operating enterprises … Read more

Emir of Madinah sponsors the inauguration ceremony of the “Al Olaya” housing project

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Reading time: 2 MinutesHis Royal Highness Prince Salman bin Sultan bin Abdulaziz, Governor of the Madinah Region, presided over the inauguration ceremony for the “Al-Alya” residential project in the Economic Knowledge City in Madinah, with a total investment value of 2.6 billion riyals. His Royal Highness Prince Salman bin Sultan viewed a model of the Al-Alya residential project and listened to a presentation on the project, which is an integrated, mixed-use complex that combines … Read more

Saudi Build attracts more than 30,000 visitors at its conclusion, reinforcing its position as a key platform for the construction industry

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Saudi Construction Exhibition

Reading time: 2 MinutesThe Saudi Construction Expo 2024 concluded yesterday in the capital, Riyadh, having attracted more than 30,000 visitors and setting an all-time attendance record, thereby cementing its position as a leading event in the construction sector. The Saudi Construction Expo, held under the patronage of the Ministry of Municipalities and Housing from November 4 to 7 at the Riyadh International Convention and Exhibition Center, hosted approximately 600 companies from … Read more

President of Tatweer Al Balad: Targeting 1800 hotel rooms in historic Jeddah

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Reading time: < 1 MinuteJamil Ghaznawi, CEO of “Tatweer Al-Balad”—a company owned by the Public Investment Fund—revealed yesterday that the company aims to provide 1,800 hotel rooms, more than 9,000 residential units, and over 1 million square meters of retail and office space in the city of Jeddah through the completion of several projects. On the sidelines of the World Travel Market in London, he added that the company … Read more

After lifting the moratorium on lands north of Riyadh Issuing building permits and approving new plans according to a special urban code

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Lifting the suspension on lands north of Riyadh

Reading time: 2 MinutesThe decision by the Royal Commission for Riyadh to lift the moratorium on 50 million square meters of land in northern Riyadh marks a significant turning point for the Saudi real estate sector. This decision will revitalize the market, provide more options for buyers and investors, and encourage developers to launch new and innovative projects. However, real estate developers must prepare for the new challenges posed by … Read more

Lifting the moratorium on 50 million square meters of land north of Riyadh and the new square development project

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Lifting the suspension on lands north of Riyadh

Reading time: 2 MinutesThe Royal Commission for Riyadh City announced the lifting of the moratorium on the sale, purchase, subdivision, and parceling of large tracts of land north of Riyadh and in the area surrounding the New Square project. The Commission noted that the area in northern Riyadh where the ban has been lifted is bounded by King Fahd Road to the west and Prince Faisal bin Bandar Road to the east, and is bordered to the south by … Read more

“New Square showcases sustainable urban innovation at the World Smart Cities Conference

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Reading time: < 1 MinuteNew Square Development Company, a subsidiary of the Public Investment Fund, concluded its participation in the 14th World Smart Cities Conference 2024, held in Barcelona, Spain, from November 5–7. At the conference, New Square presented its plans to redefine urban development. The conference brought together leading figures, companies, and experts from around the world to discuss the challenges … Read more

Saudi Aramco's social media platform wins Global Smart Cities 2024 Award

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Reading time: < 1 MinuteSaudi Aramco, a leading global integrated energy and chemicals company, has received international recognition for its innovative use of digital technology to improve the well-being of its employees. The company’s digital engagement platform (my Community) won the Innovation Award at the 2024 World Smart Cities Awards, an annual event that recognizes pioneering projects, ideas, and strategies aimed at … Read more

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