Month: January 2025

Infographic: Riyadh Infrastructure Projects Center's milestones in 2024

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Reading time: < 1 MinuteDuring 2024, the Riyadh Infrastructure Projects Center (RIPC) achieved several achievements that contributed to the development of infrastructure projects in Riyadh and the region's governorates. The center works within its vision to improve the services provided in project work and improve the urban landscape, as it issued the first license for excavation work, and strengthened its work in 19 governorates and 47 municipalities, in addition to expanding its strategic partnerships ... Read more

Riyadh governor launches development contracts for 15 projects in 4 governorates in the southern region

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Reading time: 2 MinutesHis Highness Prince Dr. Faisal bin Abdulaziz bin Ayyaf, Governor of Riyadh Region, launched contracts for 15 development projects that aim to improve the quality of life for residents of the southern part of the region in Al Kharj, Al Dalam, Hawtat Bani Tamim, Al Harak, during his visit to improve the infrastructure of Riyadh's governorates. At the beginning of the tour, His Highness met with the heads of municipalities, where he emphasized ... Read more

In detail... Real Estate Training Forum after the conclusion of its activities

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Reading time: 2 MinutesThe General Authority for Real Estate concluded yesterday the work of the “Real Estate Training Forum” organized by the Riyadh Convention and Exhibition Center, in the presence of the CEO of the Authority, Engineer Abdullah bin Saud Al-Hammad. The Real Estate Training Forum discussed the reality of real estate training and its role in providing the needs of the real estate market and supporting the culture of innovation and entrepreneurship, which contributes to raising professional standards in the real estate sector, in addition to highlighting ... Read more

NHC launches a new project in Al Mashreqiya destination east of Riyadh with prices starting from SAR 225K

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Reading time: < 1 MinuteNHC has launched the “Masharqiya 2” project in eastern Riyadh, continuing its efforts to enhance the real estate supply in the capital after announcing the pumping of 7,000 housing units with prices not exceeding one million riyals, and providing housing options that reflect its commitment to cover the growing demand for residential units at a high quality of life. The project offers 468 different residential units at competitive prices. Read more

REITs' assets hit SAR 29.263 billion by the end of the third quarter

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Reading time: < 1 MinuteThe value of the assets of local and foreign public investment funds in the Saudi Stock Exchange recorded an annual growth of 37%, an increase of nearly 43 billion riyals by the end of the third quarter of 2024, to reach 160,087 billion riyals, compared to 117,117 billion riyals for the same period in 2023. The value of assets achieved a quarterly growth of 10.4% with an increase of 15,120 billion SAR... Read more

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