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«Restatex closes with a bang amidst an investment extravaganza

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With wide and varied participation in various real estate sectors, the Riyadh Real Estate, Housing and Urban Development Exhibition (Restatex 18) concluded last Wednesday evening at the Riyadh Exhibition and Convention Center, with the presence of more than 60 companies and exhibitors from major domestic companies and an estimated number of international companies, in addition to the participation of government agencies, representatives of the private and public sectors and a remarkable presence of the public to which various residential and commercial products and plans were offered.

Housing Minister cuts the ribbon

Dr. Essam bin Saeed, Acting Minister of Housing, inaugurated the exhibition, stressing at the opening ceremony that the Ministry will continue with its directions and visions to exert more cooperation and coordination with the relevant government agencies, in addition to strengthening the relationship with the real estate sector from owners, developers and investors as a strategic partner and a key pillar in real estate development starting from the search for land through planning and preparing its infrastructure and ending with its construction to be a suitable housing worthy of the citizen and the role of the Ministry is a supervisory role.

After cutting the ribbon to officially open the exhibition  Accompanied by leaders and officials of the real estate and finance sector and senior government officials in bodies, sectors and committees related to urban and real estate development, the Minister of Housing toured a number of pavilions at the exhibition, which was dominated by the marketing of housing buildings and financing products, expressing his admiration for the development he witnessed on the urban level in which a large number of private sector companies are participating.

Converting the Real Estate Fund to a bank

The minister revealed a study to transform the Real Estate Development Fund into a housing bank affiliated with the ministry. He added: «The idea is on the table and is currently being considered according to the legal procedures followed.» At the same time, he pointed out that the Real Estate Development Fund has recently approved a package of programs that will, God willing, contribute to finding practical solutions to everything related to real estate financing mechanisms in order to provide housing urgently for those who are eligible.

The Minister of Housing appreciated the role of the private sector in supporting the ministry's directions, praising the success of the first experience of the Ministry of Housing, and that the new approach aims to accelerate the acquisition and provision of housing for citizens, and this comes in implementation of the directives of the wise leadership, and paired the success of the private real estate sector and the success of the ministry together in reference to the unity of purpose through smart partnership between the two parties.

Honoring sponsors

During the opening ceremony, the Minister of Housing honored the winners of the «Restatex Riyadh 18» awards, as well as the sponsors of the exhibition in its current edition. The following companies were honored:

Dar Al Arkan Company for its diamond sponsorship, Ewan International Housing Company for its gold sponsorship, Al Omari Group for its gold sponsorship, Argan Projects for its platinum sponsorship, and Riyad Bank for its bronze sponsorship.

Dar Al Tamleek won  Amlak International won the award for Best Individual Finance Program, Amlak International won the award for Best Corporate Finance, and Al Omari Group won the award for Best Real Estate Developer. Sulaiman Abdullah Bin Saeedan Real Estate Group won the award for Best Investment for Real Estate Funds.

Financing posts

The Ministry of Housing, the Real Estate Development Fund, the Ministry of Commerce represented by the Committee for the Sale of Real Estate Units on the Map, the Riyadh Municipality, the Supreme Authority for the Development of Riyadh City, and the Riyadh Chamber of Commerce and Industry participated in the exhibition.

Banks, banks, and financing entities found a favorable opportunity to offer their services to the public and companies with real estate interests to put in their hands a package of Sharia-compliant financing solutions, all of which support the dream of  Owning a home of a lifetime with a competitive profit margin, and among the most prominent participating banks: Riyad Bank, Al Rajhi Bank, Saudi Holland Bank, SABB, Al Ahli Bank, Bank Al Jazira.

Companies fill the exhibition halls

Companies, banks and financing entities spread to cover all the spaces and halls of the place, where they were represented in the wide offers of real estate and housing development and investment projects, plans and financing programs provided by banks and companies involved in financing the purchase of housing and real estate units, in addition to the participation of Gulf companies interested in marketing their projects and services in the Saudi market.

A large group of real estate and housing development and investment companies are participating in this year's edition, such as Dar Al Arkan, Basma Real Estate Management Company, Al Arjan Projects, Dar Al Tamleek specialized in individual financing, Duwawin Real Estate Company, Amlak International, Saudi Housing Finance Company (Sahl), Ewan International Housing Company, Amjal Real Estate Development Company, Makyon specialized in urban development, and Shrek from Jeddah, in addition to foreign participants that have obtained accredited licenses to market their projects and services in the Kingdom market, represented by Emirati companies such as Dubai Properties and companies.

Privately held companies

The exhibition was characterized by the emergence of companies that gave the place a splendor and another dimension other than real estate development and financing, represented by interior design companies such as ModelCraft, specialized in design in all its forms (digital, stereoscopic and interactive design), and on the other hand  We glimpse a black and white pavilion to find Barcord Asset Valuation Company (real estate, industrial, agricultural, and commercial), which practices valuation according to the standards of the Saudi Commission for Accredited Valuers.

The idea of itinerant advertising was introduced in the exhibition halls through displays of products and services carried on their backs, which attracted the attention of many people and invited them to stop and inquire.

Minister of Housing Honors Participating Companies and Sponsors at Restax Exhibition

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During the inauguration of the Riyadh Real Estate and Urban Development Exhibition “Restatex Riyadh 18” at the Riyadh International Convention and Exhibition Center, Acting Minister of Housing Dr. Essam bin Saeed honored the real estate and finance companies that won the “Restatex Riyadh 18" awards, as well as the sponsors of the exhibition in its current edition.

Minister of Housing inaugurates Restax exhibition and promises to transform the Real Estate Fund into a housing bank

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The Acting Minister of Housing, Dr. Essam bin Saeed, inaugurated yesterday, Sunday, the work of the Riyadh Real Estate and Urban Development Exhibition “Restatex Riyadh 18” at the Riyadh International Convention and Exhibition Center, and Dr. Ibn Saeed stressed that the ministry will continue with its directions and visions in exerting more cooperation and coordination with the relevant government agencies in addition to strengthening the relationship with the real estate sector from owners, developers and investors as a strategic partner and an essential pillar in real estate development starting from the search for land through planning and infrastructure preparation to build a suitable housing suitable for the citizen and the role of the ministry is a supervisory role.

Converting the Real Estate Fund to a bank

The minister revealed a study to transform the Real Estate Development Fund into a housing bank affiliated with the ministry. He added: “The idea is on the table and is currently being discussed in accordance with the legal procedures.” At the same time, he pointed out that the Real Estate Development Fund has recently approved a package of programs that will contribute, God willing, to finding practical solutions to everything related to real estate financing mechanisms in order to provide housing urgently to those who are entitled to it.

The Minister of Housing appreciated the role of the private sector in supporting the ministry's directions, praising the success of the first experience of the Ministry of Housing, and that the new approach aims to accelerate the acquisition and provision of housing for citizens, and this comes in implementation of the directives of the wise leadership, and paired the success of the private real estate sector and the success of the ministry together in reference to the unity of purpose through smart partnership between the two parties.

Ribbon Cutting and Minister's Tour

After cutting the ribbon to officially open the exhibition, the Acting Minister of Housing, accompanied by leaders and officials of the real estate and finance sector and senior government officials in bodies, sectors and committees related to urban and real estate development, toured a number of pavilions at the exhibition, which was dominated by the marketing of housing buildings and financing products, expressing his admiration for the development he witnessed on the urban level in which a large number of private sector companies are participating.

Participation of governmental and financial entities

This year's edition is attended by a large group of real estate and housing development and investment companies, an elite group of financing companies and local banks, Gulf real estate companies that have obtained accredited licenses to market their projects and services in the Kingdom's market, in addition to several government agencies, including the Ministry of Housing and the Ministry of Commerce and Industry “Committee for the Sale of Real Estate Units on the Map”, the Riyadh Municipality and the Supreme Authority for the Development of Riyadh City.

Honoring participants and sponsors

Dr. Ibn Saeed honored the real estate and finance companies that won the “Restatex Riyadh 18" awards, as well as the sponsors of the exhibition in its current edition.

 

Al Jazeera Paints supports the second forum of the Visual Artists Association with a quarter of a million riyals

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Al Jazeera Paints, the giant of the high-quality paints industry in the Middle East and neighboring regions, provided a generous support of a quarter of a million riyals to the Saudi Society for Fine Arts to hold its second forum and launch its competition on the prize of Al Jazeera Paints under the title (The Two Holy Mosques. Spirituality attracts the soul) with the participation of members of the Society and promising generations at the local and Gulf levels.

This great support allows the association to involve wider categories of creative artists with promising experiences and talents, and the competition will have 10 prizes from Al Jazeera Paints distributed as follows: First Prize: (30,000) thirty thousand riyals, Second Prize: (25,000) twenty-five thousand riyals, Third Prize: (20,000) twenty thousand riyals, Fourth Prize: (15,000) fifteen thousand riyals, and six prizes of (5,000) five thousand riyals each.

Mr. Abdullah bin Saud Al-Rumaih, General Manager of Al-Jazeera Paints, said that this support comes within the framework of the company's social responsibility as a leading national company, which seeks the development of society at various levels, including artistic and cultural aspects. He expressed his hope that the Al Jazeera Paints Award will be the first of its kind in the Kingdom's plastic arts scene. A broader horizon for visual artists, encouraging and motivating them to be creative in order to improve the artistic taste of the community. in all its categories.

It is worth mentioning that Al Jazeera Paints adopted the support of the first forum of the association, which witnessed great success last year under the title (Our Monuments: Creativity Embracing the Present), where the forum received the participation of employees of the association from different regions of the Kingdom and won ten artists and held three exhibitions in Riyadh, Jeddah and Abha, which were opened in the presence of the Undersecretary of the Ministry of Culture and Information Dr. Nasser Al-Hujailan and Mr. Abdul-Ilah Al-Rumaih, a member of the Board of Directors of Al Jazeera Paints Company.

22 new projects to wow visitors at the ninth edition of Cityscape Abu Dhabi

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 A survey conducted during the ninth edition of Cityscape Abu Dhabi revealed the important role that new government regulations are playing in Abu Dhabi's real estate sector, with 61% of the experts surveyed indicating that these regulations are the cornerstone of sustainability in the emirate's real estate sector.

JLL's latest quarterly report revealed that Abu Dhabi's real estate sector witnessed remarkable stability during the first quarter of 2015, while an exclusive survey conducted at yesterday's Abu Dhabi Market Insight event showed that 50% of respondents are confident that the real estate market will continue to grow at a steady rate.
Increased demand, weak availability of high quality and the removal of the cap on rent increases resulted in prime residential rents rising by 4% during the first three months of the year, further highlighting the remarkable growth in the market.

Hosted by JLL and supported by Masdar City for the second consecutive year, the “Abu Dhabi Market Insight” event brought together a panel of experts to discuss how to create a sustainable real estate market in Abu Dhabi.

Held under the patronage of His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, the exhibition will run for three days until April 23 with the participation of more than 130 international and regional exhibitors on an exhibition area of 18,000 square meters.

The Abu Dhabi Urban Planning Council took center stage on the first day of the show, unveiling 22 new projects with final approvals, spanning more than 700,000 square meters.

Mohammed Khader Al Ahmed, Executive Director, Urban Development and Sustainability, Abu Dhabi Urban Planning Council, said: ”We agree with JLL's survey results that the new government regulations will have a significant impact on the market and its overall stability.’.

“The first day of Cityscape Abu Dhabi was very lively and a great success. We launched the new missions, visions and values of the Abu Dhabi Urban Planning Council's internal strategic plans from 2015 to 2020 and unveiled 22 projects that have received detailed approvals from the Abu Dhabi Urban Planning Council,’ he added.

Highlighting the positive investment climate at the show, Zawya Oasis, along with a large number of other real estate developers, launched new projects at the three-day event, with the company unveiling its new eco-friendly project, Ariyaf Villa.

Khaldoon Mohammed Saleh, General Manager of Zawya Oasis, said: ’The real estate market is booming at the moment, specifically the residential real estate market, which is at its best this year, which can be seen throughout the exhibition, and we are very happy to be here and look forward to participating again in this great exhibition.‘.

“Cityscape Abu Dhabi 2015 has started well for us, we have received a lot of inquiries and sales from existing and prospective clients, and the event provided us with the perfect opportunity to launch our new development, Areaf.’.

Cityscape Abu Dhabi is supported by Strategic Partner, Department of Municipal Affairs; Platinum Sponsor, Zawya Oasis; Silver Sponsor, Farglory; Official VIP Sponsor, Ejada Asset Management Group; and Official Financing Solution Provider, Abu Dhabi Finance.

Spray water factory opens in Sudair

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The Director General of the Saudi Arabian Authority  Mr. Saleh Ibn Ibrahim Al-Rasheed, Engineer Saleh Ibn Ibrahim Al-Rasheed, inaugurated the first facility of this size in the industrial zone in Sudair, inspecting the production lines and equipment  And European technology that contributes to the manufacture of a product that carries all the specifications that qualify it to compete strongly in the local and regional markets.

This was stated by Mana Al Fayed, CEO of Mariat for Trade and Industry, adding that «Razzaz» is the first factory to operate in the industrial zone, which is located on an area of 265 million square meters, and the opening of the factory comes as a civilizational move for the region and a strong addition to the bottled water sector in the Kingdom, stressing that  Factory  It represents the most advanced and modern version in the world of water factories, due to its advanced technologies, in terms of industrial security.  both occupational and food safety, as well as international standards in European production lines.

Al Fayed noted that Mariat Trading and Industry supervised and engineered the factory, offering its long experience in the world of food industries, and provided a prototype design for the various water bottles.

Spray is an example  Unique in engineering and industrial design, with a production capacity of more than (12,000) bottles per hour, through four different molds, in which Mariat took into account the latest in the water bottling industry in the world.

Thinking outside the box. Innovative and surprising designs

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Living Room Furniture

Prepared by Khaled Abdulwahab

Interior design is an art and there are different designs associated with certain countries or certain eras, and everyone has their own way and style, giving way to an endless number of designs and innovations that move away from the traditional and impressionistic to get different and creative results at the same time, and interior design has different styles from which we choose the most famous and most common ones.

Classic style

Classical design is based on balance, symmetry, and order and is derived from the Greek and Roman era and does not have the modern influences of the current era.

The key element of this style is that there is a focal point, and the rest of the design elements are arranged to lead us to that point.

The colors used are green, dark blue, yellow, and black is used to identify important elements of the design.

The most commonly used fabrics in this style are silk and cotton, while wood and marble are used for the flooring, and they are installed in an elegant and interesting way.

This type of design differs from the traditional style as the traditional style is much older than the classical one as it is more related to customs and traditions,

Modern style

The modern style of design was created by a group of German designers who founded the Bauhaus in 1919. It is characterized by the absence of the intricate details you find in other designs.

Some may describe it as simple because of the spaces, and there is no sensory overload, but if executed perfectly, it will give you a sense of calm and simplicity.

The modern style is best suited for office spaces and small apartments because it creates the impression that the room is large and leads to the appearance of the space from the top of its simplicity. Colors in this style have a limited role, because a single color in this design can play the main role, and one of the advantages of this style is that it is very  Its simplicity can be combined with other designs to create the most beautiful results.

Contemporary style

Some people confuse the concept of contemporary style with modern style, because the two are similar in many characteristics. This type of design is characterized by spaciousness and comfort, suitable for office spaces and small apartments, and it also relies on lines. Lines can be used through bold colors, high ceilings, square-edged furniture, and wooden floors to make the space feel larger.

Minimalist style

This style is characterized by the abstraction of everything until only the original remains. This style is very simple, and it deals directly with nature, relying on natural light and ventilation as the main elements of the space. This style uses black and white colors and doesn't overdo it with other colors.

Art Deco style

It emerged in the early 20th century and is a fusion of cubist and modern art that has become very popular today because it blends Pharaonic and European (Baroque) styles  in modern and contemporary ways, giving the design a luxurious and elegant feel.

The lighting in this design is highly focused and includes lighting for ceilings, floors, tables and walls. The Art Deco style is considered a style for the affluent.

Rustic design style

It is a traditional design with the addition of a rustic character to it, and the furnishings are covered with fabric and textiles or drawings and decorations, this design is a combination of various French, English, American and Italian rustic types and has combined the characteristics of all these countries.

This style is usually found in countryside, small houses and cabins. This style is characterized by simplicity with few beautiful, intricate touches.

Al Jazeera Paints Quality, excellence and environmental safety

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300 Products 320  Thousand tons per year

Al Jazeera Paints Company was established in 1979 in Riyadh, as a small enterprise with great ambitions and aspirations. In a short time, the efforts of the founders, through their vision and dedication towards achieving balanced growth, laid the solid foundations of a leading company in the paint industry in the GCC region and the Middle East, and the company's ability to produce high-quality products grew to exceed 300 products and its production capacity reached about 320,000 tons per year.

Quality, excellence and environmental safety

Over the past years, Al Jazeera Paints has been enriching the national economy in the Kingdom of Saudi Arabia and interacting with the communities in which it is located, and has produced paints characterized by modernity, high quality, environmental safety and innovation in the service of various industries, building construction and decoration, taking the lead in the development and production of paints, in addition to being designed to meet the requirements and needs of a wide range of customers whether industrial, commercial or personal, and paved the way for Saudi youth to develop their skills and develop their technical and technical capabilities through job training and attracting Saudi competencies.

600 showrooms

Al-Jazeera Paints spares no effort in establishing partnerships with distinguished customers on the basis of professional responsibility and sustainable development in the field of the paint industry. As a result, the company has covered the different regions of the Kingdom and the countries to which it exports its products with more than 600 showrooms and sales centers, the locations are selected with specifications that achieve easy access, and are staffed by trained personnel who provide help and assistance to customers in choosing a wide range of specialized and distinctive products to satisfy their different tastes.

Quality and safety certifications

Al Jazeera Paints' products have been awarded Green Seal certification  For its quality and environmentally responsible products according to the Leadership in Energy and Environmental Design (LEED) rating, it was also crowned with the Exova Warringtonfire certificate for its fire-resistant products, and obtained the OHSAS 18001 occupational health and safety management certificate, the ISO 14001 environmental management certificate, the ISO 9001 quality management certificate, and the Saudi Quality Certificate (SASO).

Al Jazeera Paints Academy

The company has established the “Al Jazeera Paints Academy”, the first academy specialized in education and training on the application of paints in the Arabian Gulf and the Middle East, and set up a research and development center to test the adaptability of products to the harsh climatic conditions of the region, comparable to the best research centers in the world.

The company applies the latest technologies in the paint industry through its production units, realizing the best values for its products to enrich human life and customer well-being.

70 exhibitors celebrate their clients at the Architecture and Design Expo

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The second edition of the Art of Architectural Design and Decoration Exhibition, which concluded last week, achieved a high return and created a great movement among visitors, exhibitors and those interested in the various fields covered by the pavilions of the exhibition, which lasted for three days at the Kingdom Hall at the Four Seasons Hotel in Riyadh, under the patronage of Engineer Abdul Latif bin Abdulmalik Al-Sheikh, Minister of Municipal and Rural Affairs, under the patronage of Engineer Abdul Latif bin Abdulmalik Al-Sheikh.

70 specialized entities

The number of participants in the exhibition increased to more than 70 entities specialized in the architectural, engineering and technical fields and related supplies; to achieve the exhibition's purposeful function to link exhibitors with all their fields and exhibits, and specialists and visitors with their interests and aspirations. The forum also witnessed the participation of a group of sponsors, companies and entities specialized in architectural works, engineering designs and artistic decorations, as well as related supplies and products, and the company «Smo Regulation» for advertising and public relations participated in organizing the exhibition, in addition to the sponsorship and support of the Saudi Commission of Engineers (SCOE).

Engineering design

Mustafa El Nahas, Marketing Manager of Logicom-Autodesk, confirmed their keenness to participate in such specialized exhibitions in order to market the products represented by the company, noting that their vision is to market high quality, efficient and professional software that serves the requirements of engineering design work.

Saudi Porcelain, represented by the design department headed by Asmaa Almoosa, also participated by introducing the company's new design services.

Wooden doors and decorations

Mr. Mazen Dabbas, Executive Director of Bishr Riyadh Factory for Wooden Doors and Decorations, described the exhibition in its second edition as excellent, praising the organization, diversity and turnout that accompanied it during the days of its holding, and explained that the factory's participation came to review the factory's specialization and uniqueness in designing and implementing wooden decorations and Moroccan and Damascene councils, according to high-level technical components and expertise.

World-class products

Mr. Ghassan Sari, Director of Sales at Arabian Tile Company Limited (ARTEC), confirmed that their goal of participating in the exhibition is to highlight the value and status of the company's products that put it in the ranks of international products, in addition to the convergence and introduction of the company; to meet the aspirations and tastes of the market in all its diversity, and to compete and compete with the latest products and ideas within the field.

Decor and lighting

Engineer Mohammed bin Abdul Mohsen Al-Rusais, Executive Director of supporting sponsor Aljada Trading Company - Avenue, confirmed that their participation came from the success they achieved in the first edition, which encouraged the company to participate in the second edition with double the space, with two wings and two specialties, namely (decoration and lighting).

Design your home in an hour

Mr. Essam Ali Dabour, CEO of Essam Dabour & Partner for Designs and Artworks, said that his company presented several participations, most notably «Eddy Home», which represents exactly the slogan adopted by the exhibition «from floor to ceiling» in addition to the "Design your home in an hour" service, and the "ID Card" service for discounts on designs.

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