Month: December 2024

Saleh Abdulaziz Al Rajhi signs agreement with Accor International to manage and operate Novotel Riyadh

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Reading time: < 1 MinuteSaleh Abdulaziz Al Rajhi & Co. Ltd. signed an agreement with Accor International Hotels and Hospitality to operate and manage a 4-star hotel under the Novotel brand in Riyadh, Al Ward neighborhood, with 225 hotel units and suites, including international restaurants and event halls. On this occasion, His Excellency Eng. Mohammed Al Mahzari, CEO of Saleh Abdulaziz Al Rajhi & Co. Read more

“ROSHN has been recognized as the best work environment in the Kingdom for the year 2024-2025

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Residential program

Reading time: < 1 MinuteFor the third consecutive year, ROSHN Group, a Public Investment Fund (PIF) company, has been ranked as the best workplace in the Kingdom by Best Places to Work, a global program that assesses work environments and provides employers in different countries with a measure of employee satisfaction, and recognizes companies that provide an outstanding work experience with high standards. Moreover ... Read more

1.4 billion riyals in real estate transactions in a day. Riyadh leads the transactions

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Real estate stock exchange

Reading time: < 1 MinuteThe real estate bourse achieved a remarkable performance yesterday, Monday, December 2, 2024, witnessing the registration of 1,494 real estate transactions with a total value of more than SAR 1.4 billion and a traded area of 3.7 million square meters. With the surge in activity in the real estate market, key areas in Riyadh topped the list of the most valuable neighborhoods, reflecting the continued momentum in the real estate sector in the Kingdom. The data showed ... Read more

Shura Council calls on the Real Estate Fund to expand the mortgage profit reduction program

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Shura Council

Reading time: < 1 MinuteYesterday, the Shura Council held its twelfth regular session of the first year of the ninth session under the chairmanship of His Excellency Dr. Mishaal bin Fahm Al-Salami, Deputy Speaker of the Council. At the beginning, the Council reviewed the agenda of its twelfth regular session and the items on it, and took the necessary decisions on them, and issued a resolution calling on the Real Estate Development Fund to expand the reduction program ... Read more

79 volunteers from Sakan tour Cityscape to introduce the organization with 474 volunteer hours

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Residence - Cityscape Global

Reading time: 2 MinutesDuring its participation in Cityscape Global 2024, the Community Development Housing Corporation (Sakan) provided 79 volunteers of both sexes with the opportunity to introduce visitors to the organization, its services and its developmental impact in creating housing solutions for families in need, and to explain to visitors that they can donate and contribute to providing appropriate housing for these families through ... Read more

Municipality issues 7771 building compliance certificates as of last month

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Municipality of the Holy Capital

Reading time: 2 MinutesThe Municipality of the Holy Capital is exerting its efforts in implementing quality of life programs and projects, upgrading the urban scene and services provided in Makkah, through the implementation of many initiatives and projects that are concerned with improving the urban scene, addressing visual distortions, developing urban planning, raising the quality of services in public facilities and promoting humanization, said Osama Al-Zaitouni, spokesperson for the Municipality of the Holy Capital. The Municipality's spokesperson, Osama Al-Zaytouni, explained ... Read more

“Riyadh Season and Good Housing sign cooperation agreement

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Residential program

Reading time: < 1 MinuteHis Excellency Chancellor Turki bin Abdulmohsen Al-Sheikh, Chairman of the Board of Directors of the General Entertainment Authority (GEA), and His Excellency the Minister of Municipalities and Housing and Chairman of the Board of Trustees of Sakan Foundation, Mr. Majid bin Abdullah Al-Hogail, signed a cooperation agreement between “Riyadh Season” and “Joud Housing Platform” of the Foundation to contribute to providing housing units for “season grooms” through the “Joud Housing” platform, at ... Read more

Mortgage loans jump to SAR 846.8 billion by the end of Q3 2024

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Reading time: 2 MinutesIn a new indication of the remarkable growth in the Kingdom's real estate sector, real estate loans granted by commercial banks to individuals and companies recorded a remarkable increase of 13% by the end of the third quarter of 2024, reaching about 846.8 billion riyals, compared to the same period of the previous year. This growth reflects the continued expansion of the Saudi real estate market, supported by increased demand for financing ... Read more

Tomorrow evening Wednesday. Riyadh Chamber organizes the annual reception for the business community

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Riyadh Chamber's Annual Business Community Reception

Reading time: < 1 MinuteIn the presence of Their Excellencies ministers and senior officials from the government and private sectors, the Riyadh Chamber will organize the annual reception for the business community and the participation of businessmen and women, tomorrow evening, Wednesday, December 4, 2024, at the Riyadh International Convention and Exhibition Center. On this occasion, Riyadh Chamber Chairman Eng. Abdullah bin Abdulrahman Al-Obeikan emphasized that the ceremony reflects the role of Riyadh Chamber in enabling ... Read more

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