Cityscape Jeddah 2015 Various financing solutions from Al Ahli Bank

 As part of its participation in the Jeddah Cityscape 2015 real estate investment and development exhibition, Al Ahli Bank is showcasing several exceptional and unique financing solutions designed to suit all customers' needs in accordance with the provisions of Islamic Shari'a. The bank's offers include instant approval, competitive profit margin, in addition to other solutions and a full explanation to its customers about real estate financing.

On this occasion, Hamed Fayez, Head of Retail Banking Group at Ahli Bank, said that the bank's participation in such events comes within the framework of its contribution to supporting the real estate sector in the Kingdom and playing an active role in financing the housing and real estate needs of citizens through a unique package of mortgage products and multiple benefits offered by the bank through experienced and trusted specialists.

Among the most prominent advantages of the National Bank's mortgage program is that it allows the customer to obtain a financing amount of up to 7 million Saudi riyals and a repayment period of up to 30 years with a competitive profit margin throughout the repayment period, and the program also offers takaful insurance in the event of death, total or permanent disability (God forbid), transfer the ownership of the property in the name of the legal heirs, and also provide takaful insurance on the property in the event of damage or collapse. The conditions for obtaining a mortgage include that the applicant must be a Saudi national with a minimum monthly income of SAR 3000, and the minimum required period of service in the last job is one month, and the conditions also include that the applicant must be at least 20 years old.

Cityscape's big turnout is sharp, financiers offer special facilities

Optimism and participation

As a result of the increasing growth in the real estate market in all its forms, Jeddah Cityscape Jeddah 2015 is witnessing a wide participation of more than 50 local and regional exhibitors showcasing their projects to a wide visitor base expected to reach 10,000 visitors over the three days of the event inaugurated by HRH Prince Mishaal bin Majid bin Abdulaziz, Governor of Jeddah, at the Jeddah Center for Forums and Events (JCFE). The prepared programs witnessed a great turnout from the public, especially the pavilions of the participating entities and workshops.

At the same time, the Ministry of Housing announced its intention to launch a new residential project in Jeddah on an area of more than 13 million square meters, which will include 14,000 residential units, which will contribute to reducing the gap between supply and demand in the local residential real estate market.

High turnout on the first day

The exhibition kicked off amid an unprecedented turnout of visitors to the exhibition and Jeddah Real Estate Summit workshops and participants from investors, developers, engineers, designers, senior government officials and decision makers, in addition to senior officials in charge of designing and constructing real estate projects for both the public and private sectors who came to learn about the current real estate scene in Jeddah, explore the prospects of the Saudi real estate market in general, see the latest projects, ideas and services, and explore cooperation and partnership opportunities available with the participating companies.

Strategic importance

Dr. Abdullah bin Mahfouz, Chairman of the Board of Directors of National Exhibitions Company, the organizer of Jeddah Cityscape Jeddah, welcomed the visit of HRH Prince Meshaal to the annual exhibition, expressing his pride in his patronage of the exhibition and his keenness to provide all the support and support it needs. Dr. Bin Mahfouz highly valued the efforts of the State of Saudi Arabia to provide all means and exert all efforts in order to provide welfare and decent living for the Saudi citizen. »With the rapid boom in the Saudi real estate market, Cityscape Jeddah has proven over the past years its strategic importance as a platform that can accommodate the growing interest in this market and bring together experts, entrepreneurs and investors from across the region to discuss how to benefit from the many promising opportunities that characterize the Kingdom's real estate market," said Dr. Bin Mahfouz.

Lowering real estate prices

Riyadh Al Thaqafi, CEO of Ewan International Housing Company, said: «We have witnessed the recent intensification of government efforts to promote the local real estate market by incentivizing land owners to invest in various residential, commercial and industrial projects, thereby reducing real estate prices, especially residential ones. As a result, we expect to see a significant increase in home ownership among citizens over the next few years.».

Al Rajhi Bank presents its financing offerings at Cityscape Jeddah 2015

  Through its participation in the Jeddah Cityscape 2015 real estate investment and development exhibition Al Rajhi Bank offers visitors to its booth at the exhibition special financing programs for real estate ownership with special offers and low and competitive profit margins during the exhibition period, benefiting all customers in all branches in all regions of the Kingdom. Al Rajhi Bank also offers other financing surprises and facilities to invest in real estate.

The bank offers its customers several options to obtain suitable financing according to the customer's need and financial solvency, such as financing against the mortgage of the property owned by the customer either depending on the salary transferred to the bank or depending on the income of the property as a source of repayment, financing to purchase an investment property with a commercial return without requiring salary transfer, life insurance coverage for mortgage customers, personal and real estate financing at the same time, additional financing for Real Estate Development Fund customers in all cities of the Kingdom, and financing to purchase residential real estate units (lands/villas/apartments)..

 It is worth mentioning that Cityscape 2015 kicked off yesterday, April 5, and will continue until April 7, with the participation of many real estate companies and government agencies from the Kingdom and abroad.

 

Bank Al Jazira's special financing offers at Cityscape Jeddah 2015«

Bank Al Jazira, which is participating in the Jeddah Cityscape 2015 real estate development and investment exhibition in Jeddah, which kicked off this morning and will continue until April 7, 2015, has allocated ideal and distinctive offers in the specialized real estate financing programs offered as part of its participation in the exhibition, which varies to meet the financing needs of all segments on easy terms, based on the bank's keenness to provide the best Sharia-compliant financing services to its customers and meet the needs of the community, the top priority of which is to own the appropriate housing.

Bank Al Jazira is also offering special and exclusive offers, with one winner per day for three days, where each winner will win a voucher worth 30,000 riyals at “ID Design” stores specialized in luxury and modern furnishings, in addition to a 15% discount on any purchase with a value higher than the value of the voucher.

On this occasion, Khalid bin Othman Al Othman, Senior Vice President and Head of Retail Banking Group at Bank Al Jazira, said that the bank's participation in this exhibition is a confirmation of its keenness to be present in various events that support the development of this sector, and the bank always seeks to communicate directly with customers and introduce its products through such events to enhance the base of beneficiaries of the facilities and innovative solutions provided to them to finance their ownership of housing units or realize their investment dreams.

 

«Trade» showcases 17 thousand real estate units at «Cityscape Jeddah»

The Ministry of Commerce and Industry is preparing to participate in the sixth Jeddah Cityscape Jeddah 2015 The exhibition will kick off on Sunday, April 5, 2015, and will last for three days, with the participation of about 50 exhibitors from inside and outside the Kingdom.

Through the exhibition, the Ministry of Commerce will review the off-plan sales program and introduce the projects supervised by the ministry, which exceeded 17,000 real estate units in various regions of the Kingdom, valued at about 20 billion riyals, in addition to knowing the necessary procedures for off-plan sales licenses for raw lands and foreign real estate marketing licenses.

It is worth noting that the off-plan sales program is one of the ways to own a property that allows the buyer to obtain the property at a lower cost, in addition to allowing the real estate developer to obtain direct financing through the buyers' payments.

Includes 38 events. The Saudi Travel and Tourism Investment Forum is a platform for investment initiatives

This year's Saudi Travel and Tourism Investment Forum, organized by the Saudi Commission for Tourism and Antiquities from March 29 to April 3, was distinguished by an intensive scientific program that included  Conferences and specialized morning events were held separately from the exhibition. 12 scientific sessions and forums were held in the Buraydah Hall at the Intercontinental Hotel in Riyadh, while the Riyadh International Exhibition Center witnessed the Saudi Travel and Tourism Investment Exhibition, scientific and training lectures and workshops.

Launching Mass Apps«

During his visit to the exhibition, HRH Prince Sultan bin Salman bin Abdulaziz, President of the Saudi Commission for Tourism and Antiquities, accompanied by HRH Prince Salman bin Sultan bin Salman, inaugurated the applications of the Tourism Information and Research Center (MAS) suitable for smart devices, and watched a presentation about Nassif House in Jeddah using 3D technology. .

His Highness toured the pavilions of the exhibition, which includes a number of tourism development councils in the regions, local companies working in tourism and travel, hotel pavilions, pavilions of government agencies, and the pavilions of the Authority and its affiliated centers. His Highness met with officials of the sponsors of the forum, namely: Saudi Arabian Airlines, Anjum Makkah Hotel (strategic partner), Nas Air, Saudi Post Corporation, Elaf Group (silver sponsor), and Al Hokair Group (hotel hospitality sponsor). His Highness met with the directors of the General Authority for Tourism and Antiquities in the regions and some artisans.

26 lectures and workshops

Through the various events, 26 scientific and training lectures and workshops were organized on the sidelines of the exhibition, during which the different experiences of countries and entities represented in the travel, tourism and hotel investment sides were presented. The workshops touched on the use of modern technologies to develop tourism services and the surrounding environments, and the need to activate modern media and social networking sites to increase sales and communicate with customers.

The event concluded on Friday with a workshop on social media in tourism and another workshop on the experiences of managing local online booking websites in Saudi Arabia.

The workshops aimed at presenting new investment opportunities in the fields of tourism development, in addition to encouraging and stimulating new investment initiatives, and highlighting the Kingdom's abundant potential and investment opportunities in the tourism fields.

The events included: Tourism Investment and Finance, Business Tourism, Antiquities and Museums, Investment in Urban Heritage, Investment in the Tourism Entertainment Industry in Saudi Arabia, National Tourism Human Resources, and Specialized Tourism Accommodation.

460,000 tourism jobs

In the session «National Tourism Resources: Challenges and Aspirations,» Dr. Abdulkarim Al Nujaidi, Deputy Executive Director of the Human Resources Development Fund, stressed the Fund's endeavor to localize jobs in the tourism sector, noting that the sector currently provides about 1,17,000 direct and indirect jobs, and that the demand in the next five years will reach 460,000 direct and indirect jobs. This is according to the executive strategy of the job localization program, which aims to provide skills and talents to create distinctive jobs in this sector.

Attracting global operators

Dr. Mohammed Al-Majed, Chief Operating Officer of the Technical and Vocational Training Corporation's Excellence Colleges, explained that the tourism and hospitality sector in the Kingdom suffers from the lack of national cadres in this sector, indicating that to remedy this, work has been done to attract international operators and provide them with opportunities to communicate with the labor market directly and prepare appropriate programs, as well as improve existing colleges with linking technical and vocational training outputs to match the outputs of international standards.

He pointed out that they have a plan in 2018 to reach 250,000 training seats in tourism, indicating that in terms of supporting the tourism and hospitality sector, the College of Tourism and Hospitality was opened as a technical college, then the system of excellence colleges was launched in Riyadh, and the Ministry of Finance approved the establishment of 3 new colleges of tourism and hospitality whose projects will be completed after four years in Najran, Khamis Mushait and Al-Ahsa.

Meccan participation and Hijazi songs

The Tourism Development Council in Makkah participated in a pavilion that attracted the attention of visitors, including the Egyptian Minister of Tourism and Antiquities, Zahi Al Hawass, who toured the pavilion and received a detailed explanation from the Director General of the General Authority for Tourism and Antiquities in the Makkah region  Mr. Mohammed Abdullah Al-Omari. This year's participation included linking the past to the present through the Meccan Alley, tourist accommodation destinations from five-star hotels, and real estate developers. In addition to the participation of productive families, the pavilion included many companies with a Meccan character, the game of oboe and others, and the visitors enjoyed a lot of Hijazi songs that ignited the atmosphere with joy, which was presented by Wahib Bassamad, around which the visitors crowded, and the hospitality included Zamzam water  which is one of the most prominent Meccan symbols.

«Sharqiya showcases its investment opportunities

The Eastern Province Pavilion carried the tourism and heritage identity of the Eastern Province, as it was designed inspired by the old Emirate Palace building (Saleh Islam Palace) with its unique architectural style.

«Buildex Sharqiya concludes with more than 300 million riyals worth of investment deals

The 71st edition of the Saudi International Building and Construction Exhibition (Bildex), which opened on March 30 and ran until April 2, 2015, concluded on Thursday

With the participation of more than 120 local and international exhibitors, the exhibition was of utmost importance as it coincided with the  An accompanying exhibition of heavy equipment under the patronage of the Eastern Province Secretary, Engineer Fahd Al-Jubeir, at the company's center on the Dammam-Khobar coastal road.

Plenty of space to display

Dhahran Expo, the organizer of the exhibition, has allocated a large area for exhibitors and visitors as the show extended to 7,200 square meters (indoor area) and 18,000 square meters (outdoor area), an increase from the previous edition by more than 20%. To accommodate the largest number of exhibitors' machinery and equipment such as heavy equipment, cranes, cranes, tower cranes, tractors, bulldozers, lifting and handling equipment, equipment and construction machinery.

Growing visitor numbers

This year's Buildex exhibition was a distinctive presence in terms of quantity and quality due to the diversity in the content and quality of the participating companies with different specialties that integrate building and construction, especially since the event coincides with the development boom that the Kingdom is witnessing in various fields at the private and governmental levels.

By the end of the four-day exhibition, the number of visitors reached about 30,000, and the activities of the exhibition were well-received by many interested parties, as they interacted with 120 local and international exhibitors showcasing the latest technologies and products. They interacted with more than 120 local and international exhibitors that showcased the latest technologies and products

The exhibition presented the latest innovations in building and construction materials, techniques and equipment, interior finishing materials, civil and mechanical engineering techniques, concrete, steel, cabinets, stone, marble, ceramics, toilets, porcelain and tiles, security and safety systems, acoustic systems, in addition to various construction solutions and others, as this year is characterized by distinguished international participation from Germany, Italy, China, India, Turkey, Greece, UAE, Bahrain, Qatar and Egypt.

Business deals and investments

The exhibition provided a valuable opportunity for investors and developers to make commercial deals and understandings for joint cooperation, with the total value of commercial contracts exceeding 300 million.

The exhibition received multiple visits from officials and executives of the most important local and international companies, as well as the presence of trade attachments and local and foreign elite personalities, who were briefed on the most important achievements and mechanisms of the participating companies.

Highlighting construction machinery and equipment

The specialists pointed out that Dhahran Expo was able to highlight the work of the participating companies as it interacted with the importance of the event and allocated the external exhibition area to be an important attraction and make it the largest gathering to display construction and construction equipment and machinery such as tower cranes, tractors, bulldozers, lifting and handling equipment, equipment and construction machinery. Participants pointed out that there are companies that met through their officials and expressed their desire to communicate to form partnerships that serve both parties.

Saudi Piping Systems (SPS) factory to meet the needs of the local and Gulf market

Saudi Piping Systems Factory (SPS) is one of the leading manufacturers of water piping systems in Saudi Arabia. It has successfully established its own factories in Jeddah Industrial City where its products are manufactured in accordance with international standards and has ISO 9001:2000, WRAS and ISO 9001:2000 certificates.  NSF.

Plug a need Local and GCC market

Recognizing the distinguished and major role played by our wise government in expanding the economic base and supporting the infrastructure in various aspects of economic activity in the Kingdom of Saudi Arabia, the factory works to meet the needs of the local market of all products that constitute an essential element in the requirements of the water systems industry of all kinds, in our belief in the efforts made for economic integration. Because we have seen the encouragement of the national industry, which is one of the most important components of a strong and solid economy, so our steps came as a culmination of the directives of the Custodian of the Two Holy Mosques in drawing economic policies as an umbrella that protects the economic future from any flaw. .

Quality in line With the urban renaissance

In view of the ongoing urban renaissance and the need of the market in the Kingdom for high-tech national industries of high quality based on the most accurate international specifications and standards and in view of the economic renaissance of the Gulf Cooperation Council countries in particular and neighboring brotherly countries in general and after tireless efforts, we made our decision to establish the Saudi Piping Systems Factory as a new industrial landmark based on the latest technology in the manufacture of piping systems based on applying the highest specifications that gave us the confidence of the consumer public.

Taiba Gulf Steel Factory, a trustworthy and quality-driven factory

Taiba Steel Factory is one of the rebar factories that contributed significantly to the urban renaissance in the Kingdom, and the factory obtained the Saudi Quality Certificate, and is certified in all urban sectors because of its durability and strength, which made it an important element in the list of engineers and contractors whose confidence we cherish.

10 Years of Achievement

Since the establishment of the factory in 2005, which is about ten years, it was able to be present among the major and old producers in the Kingdom, maintain product quality and provide everything required for construction of iron and reinforcement, and support this with credibility and dealing with the external parties of customers, suppliers and all the consumer public, whom we consider partners of success and excellence.

Factory productivity

The factory's production capacity reaches  To nearly 100 thousand tons of reinforcing steel of various types and sizes, and it is considered the secret of our quality retention as it manufactures the initial raw materials from the billet «squares and iron molds that are rolled to obtain and thus avoids interfering with the quality of the product as the product is followed up from ASTM615  Reinforcement» with the required chemical specifications and quality for the Saudi market, and primary iron scrap until it is transformed into high-resistance reinforcement with high-quality specifications. .

Management that understands the coordinates of success

The Chairman of the Board of Directors, Mr. Abdulkareem Mohammed Abdulaziz Al Rajhi, is the owner of the factory and the main driver of the coordinates of success from the beginning of the production stages through marketing until the product reaches the consumer. The company's relationship with customers and suppliers has been consolidated due to the long-term management policy in dealing with the market, and all rebar companies and traders are well aware of the status of Taiba Gulf Steel and know well that there is an elaborate system based on the pillars of this entity.

Chesser Décor blends tradition with modern creativity

Shazer Decor is one of the prestigious furniture and decoration houses specialized in handling various decoration and furnishing projects according to international standards and levels, starting with studies and designs and ending with the manufacture and supply of furniture and all decorative supplies in various regions of the Kingdom of Saudi Arabia. .

Qualified staff. modern technologies

The company is a highly qualified team with a very special vision and keeps abreast of all that is new in the field of modern decoration techniques, international modern lines and classic designs, which enabled them to blend tradition with modern creative methods, and the work team was able to create new pioneering ideas in the field of decoration work, which made us distinct in our theories and our team is supported by a group of skilled engineers and technicians trained. Our success is due to God's favor  Commitment to the delivery dates of the projects according to the contracts concluded. .

Our projects. A badge of honor

Engineer Khaled Abdulbar said that these factors made Shazer one of the most prominent names fully qualified to deal with all projects of various types, styles and budgets according to an integrated engineering and technical system, and that the testimony of our customers is a badge of honor that we are proud of because we have always been their partners in success, and perhaps the most important thing we have done  His projects include the design of the Electronic University in the north of Riyadh, commercial centers in Al Ghadeer district, medical clinics, palaces, residential villas, and a chain of Suiza sweets shops in the south of the Kingdom. .