Month: February 2025

Investing in old buildings. Challenges looking for solutions

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Abdullah Al-Salih - National Day 95Investing in old buildings

Reading time: < 1 MinuteInvesting in old buildings Abdullah bin Saleh The efforts to humanize the city of Riyadh and develop the infrastructure of roads, transportation, communications and others have led to a qualitative shift in the old neighborhoods within the city of Riyadh, spurred by the proximity of government services such as hospitals and commercial centers, and the launch of the Riyadh Metro, which has become the pulsating artery connecting the neighborhoods ... Read more

Emir of Riyadh reviews the goals of the Infrastructure Projects Center to raise the level of control and compliance

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Reading time: < 1 MinuteHis Royal Highness Prince Faisal bin Bandar bin Abdulaziz, Governor of Riyadh Region, was briefed on the details and objectives of the Infrastructure Projects Center in the region. This came during a meeting with His Highness Prince Faisal bin Abdulaziz bin Ayyaf, Secretary of the region, and the CEO of the Infrastructure Projects Center, Engineer Fahad Al-Baddah, at his office at the Palace of Riyadh. His Highness also listened to an explanation of the ... Read more

“Enforcement announces 54 auctions to sell 538 assets in 12 regions of the Kingdom

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Enforcement logo

Reading time: < 1 Minute  The Assignment and Liquidation Center (Enforcement) has announced the organization of 54 public auctions, including live and electronic attendance, to liquidate and sell 538 assets of real estate, watches and machinery, in 12 different regions of the Kingdom, during the period from February 15 to 27, 2025. The auctions will be held in various regions of the Kingdom, and the auctions will be held on a large scale, where ... Read more

ROSHN signs SAR 1.5 billion worth of agreements and reinforces its commitment to supporting local content

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Roshan Real Estate Company - Residential Projects

Reading time: < 1 MinuteROSHN Group, the Kingdom's leading multi-asset real estate developer and a Public Investment Fund (PIF) company, reaffirmed its commitment to supporting local content and economic growth during the third edition of the Public Investment Fund (PIF) and Private Sector Forum. As part of its participation in the forum, the group announced the signing of new agreements worth SAR 1.5 billion for the construction and development of infrastructure and retail facilities ... Read more

“Municipalities and Housing” spokesperson: Ministry contributes to achieving 30% targets of Vision 2030

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Reading time: 2 MinutesThe Ministry of Municipalities and Housing spokesperson, Saif Al-Suwailem, confirmed that the ministry continues to make tangible progress in implementing the targets of Vision 2030, playing a pivotal role in more than 30% of the direct and indirect objectives of the vision, through its various programs and initiatives. During an interview with Rotana Khaleejia's “Yahala” program, Al-Suwailem explained that 2024 saw the ministry continue to ... Read more

Al-Haqeel: Saudi Arabia's housing sector investments exceed 200 billion riyals

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Al-Haqeel

Reading time: < 1 MinuteThe Minister of Municipalities and Housing, Majid Al-Hogail, confirmed that the volume of investments in the housing sector in the Kingdom exceeded SAR 200 billion, pointing out that partnership with the private sector is the main driver for the growth of these investments. During his speech at the Public Investment Fund and Private Sector Forum, Al-Hogail said that the value of contracts concluded in the municipal sector amounted to more than 19 ... Read more

Minister of Economy and Planning expects non-oil sector to grow by 4.8% in 2025

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Reading time: < 1 MinuteSaudi Arabia's Minister of Economy and Planning, Faisal Al Ibrahim, predicted that the Kingdom's non-oil economy will grow by 4.8% in 2025, as efforts to diversify the economy and boost non-oil sectors continue. Al-Ibrahim's remarks came during a panel discussion at the Public Investment Fund and Private Sector Forum in Riyadh, where he explained that the non-oil economy grew by 4.3% last year, ... Read more

ROSHN and Alupco announce strategic partnership to support local manufacturing

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Residential program

Reading time: < 1 MinuteROSHN Group, the Kingdom's multi-asset real estate developer and a Public Investment Fund (PIF) company, has announced a strategic partnership with Aluminum Products Company (Alupco), a provider of innovative aluminum solutions, to build a state-of-the-art aluminum window and door production facility in Riyadh. The new facility aims to support the localization of industries, increase manufacturing capacity, integrate advanced technologies, and ... Read more

Big 5 Construct Saudi supports Saudi Arabia's trillion-dollar construction industry

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Big 5 Gallery

Reading time: 3 MinutesSaudi Arabia's construction industry is experiencing unprecedented growth, fueled by the Kingdom's Vision 2030 and its $1.7 trillion pipeline of mega projects. In line with this rapid expansion, the 13th edition of Big 5 Construct Saudi 2025, organized by DMG Events and supported by the Saudi Contractors Authority, will adopt a dynamic format ... Read more

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