Infographic: Everything you need to know about Teeqan's building verification service

Reading time: < 1 MinuteIn an innovative move to enhance trust and transparency in the real estate market, the Riyadh Region Municipality has launched the “Tigun“ service, which allows individuals and businesses to verify building information before purchasing a property. This service aims to protect buyers“ rights and provide the accurate information needed to make sound and secure purchasing decisions. The service is available through the ”Madinaty” app, where users can access verified details including … Read more

NHC celebrates the graduation of 150 graduates from the fourth batch of the Wa'ed program and launches a scholarship pathway

Reading time: 2 MinutesHis Excellency the Minister of Municipalities and Housing, Mr. Majid bin Abdullah Al-Hogail; His Excellency the Minister of Human Resources and Social Development, Engineer Ahmed bin Sulaiman Al-Rajhi; and the CEO of NHC, Mohammed bin Saleh Al-Bati, NHC’s celebration of the graduation of 150 students from the fourth cohort of the Wa’ed Program, which is dedicated to developing young Saudi talent among recent bachelor’s and master’s degree graduates, at the center … Read more

Tuesday... The real estate bourse records 1,431 transactions worth SAR 1,159,581,528

Real estate stock exchange

Reading time: < 1 MinuteToday, Tuesday, December 17, 2024, the real estate stock market saw the market index decline by 3.07% to 10,252.23 points. Despite this decline, the market recorded significant trading activity in terms of both the number of transactions and total value. Market Details: Number of transactions on the real estate exchange: 1,431; Total transaction value: 1,159,581,528 riyals; Highest price per square meter: 27,500 riyals; Lowest price per square meter: 1 riyal; Area … Read more

Video | Real Estate Substitution Product in Finance. A flexible solution for getting rid of bad debts

Matar Al-Shammari, Old Buildings - Real Estate Marketing

Reading time: < 1 MinuteReal estate consultant Matar Al-Shammari provided a simplified explanation of the “replacement” product in real estate financing, highlighting its importance for those wishing to pay off existing debts or take advantage of the rise in the market value of their properties. This product is an effective tool for borrowers who are behind on their payments or for those who wish to relinquish their mortgaged properties for various reasons. What is a mortgage refinancing product? Al-Shammari defined the mortgage refinancing product as: … Read more

Video... Saudi Contractors Authority organizes the Contracting Excellence Awards 2024

Saudi Contractors Authority

Reading time: < 1 MinuteThe Saudi Contractors Authority organized the fourth edition of the Construction Sector Excellence Awards, held under the patronage of His Excellency Majid bin Abdullah Al-Hogail, Minister of Municipalities and Housing, in the presence of the Assistant Minister for Empowerment and Compliance, Engineer Ali Rajhi, and Chairman of the Board of Directors Mohammed bin Abdulaziz Al-Ajlan. The Construction Sector Excellence Awards in the Kingdom are one of the initiatives of the Saudi Contractors Authority, through which it seeks to … Read more

Success story: Mohammed Al Dosari “The nightingale of auctions and the godfather of successful deals

Mohammed Al Dosari - Success Story

Reading time: < 1 MinuteSuccess Stories... Mohammed Al-Dosari: “The Nightingale of Auctions” and the Architect of Successful Deals Jeddah—Fahd Al-Amri In the real estate world, fraught with challenges and fierce competition, Mohammed Al-Dosari stands out as one of the most influential figures to have left an indelible mark on the industry. Known by his distinctive nickname, “The Nightingale of Auctions,” Al-Dosari has managed to combine business acumen with a refined style that has made him an icon in the world of auctions, achieving successes that have dazzled … Read more

Reconnaissance: The annual business community reception is the perfect platform to collaborate on investment opportunities

Annual Reception

Reading time: 2 MinutesReport: Abdullah Al-Saleh The Riyadh Chamber of Commerce recently organized its annual reception for the business community, attended by business leaders, in the presence of Their Excellencies the ministers and senior officials from the government and private sectors. This reflects the Riyadh Chamber’s role in empowering the private sector and strengthening economic partnerships by creating an environment that encourages investment and fruitful cooperation among local and international businesspeople. »Amlak” newspaper … Read more

“Al Masar Sports establishes second private real estate investment fund worth 3.5 billion riyals

Residential program

Reading time: 2 MinutesThe Al-Masar Sports Foundation today signed an agreement with a number of companies to establish a real estate investment fund worth more than 3.5 billion Saudi riyals, with the aim of developing mixed-use towers on a plot of land designated for investment within Al-Wadi, one of the destinations of the Al-Masar Sports Project. This fund is the second announced by the Al-Masar Sports Foundation, following the previous announcement of a real estate investment fund … Read more

Ministers of Municipalities, Housing and Human Resources visit Khuzam“

Reading time: 2 MinutesHis Excellency Majid bin Abdullah Al-Hogail, Minister of Municipalities and Housing, and His Excellency Ahmed bin Sulaiman Al-Rajhi, Minister of Human Resources and Social Development, visited today the Khuzam destination, operated by NHC, to learn about the destination’s features and advantages, its quality-of-life amenities, and the services it provides to residents. On the sidelines of the visit, Their Excellencies also inaugurated the NHC Center … Read more

Riyadh Infrastructure Projects Center adopts comprehensive planning methodology

Riyadh Region Infrastructure Projects Center - Infrastructure Projects

Reading time: < 1 MinuteThe Riyadh Region Infrastructure Projects Center announced that it has adopted a comprehensive planning methodology to organize and coordinate infrastructure projects, with the aim of ensuring that duplicate excavation work is avoided and enhancing the efficiency of project implementation. This methodology aims to improve coordination with all stakeholders, as well as to develop precise implementation plans for infrastructure projects, while strengthening the governance of project permits and licenses. He emphasized … Read more