| Rent network targeting about 30 thousand office and Real Estate Company | |
| Feb - 01 - 2014 | |
|
Hamad Shuweir chairman of the National Real Estate Committee Council of Saudi Chambers, said that the
adoption of network "Rent" electronic housing project, will pave the way for the marketing of real estate
in Saudi Arabia, both residential units or land to foreign investors regionally and internationally. He told the "economic", yesterday, following the release of the Council of Ministers' decision approve the establishment of an electronic network for rent services, "these investors will be able to access this network for the movement of real estate, according to a reliable organization based upon the Ministry of Housing." He pointed out that the system is supposed to be aimed at all companies, institutions and real estate offices operating in the Saudi market, which is estimated at 30 thousand office and company, so the ministry is the big challenge of how to attract and convince this number to participate in the system. He said if the ministry was able to attract about 30 per cent of these offices to participate, it will be a motive because the system becomes mandatory for all offices and real estate companies, he said, adding: "That depends on the Ministry's role in attracting brokers and investors to deal with the network." |
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| Ahmed Mohammed | |
| Government support for residential real estate development enters a new phase of investment | |
| Jan - 28 - 2014 | |
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Considered a prominent real estate developer in the development and construction of the housing sector;
that the real estate market entered an important stage after the announcement of government support residential
program details, and announce the terms and timing of the introduction and maturity. Radn bin Safak Duweish Prime governance Real Estate Development Company believes that the actual beginning of the development of real estate – in the Eastern region is after two important decisions, the first approval of the mortgage system and start working by financing facilities in preparation for the application of the end of this year and license number of them, and the second clearer vision for consumers of citizens after the announcement of the government housing subsidy mechanism, which has achieved the requirements of some of the eligible –according to the announced conditions - It is an important segment of consumers looking for high-quality housing and specifications of the occasion, and more importantly, to be among the incomplete services environment .. a goal that was planned in governance company since more than ten years, pumping residential neighborhoods to be the nucleus of a good life within human society that combines luxury and safety, I believe that our projects in the region, the best witness. |
 |
| Adel Abdulrahman | |
| The Ministry of Justice held a training program for real estate professionals estimate | |
| Jan - 20 - 2014 | |
|
The Ministry of Justice has trained 34 trainees from delegates who are working in real estate commissions
review estimates expropriated in the public interest where the program began its first session earlier this week
and lasts for five days. The General Administration of training and scholarship in the ministry explained that the program discusses the most important ways and factors that will raise the capacity of the members of the review committee expropriated real estate appreciation for the public benefit, which will develop the knowledge and ability and efficiency of workers in this area so that makes them live real estate according to scientific bases as valid as professionals real estate appreciation program aims to identify ways of evaluation and appraisal in this area and to identify other international practices in this area and to identify the methods and tools and means of property valuation and workshops for the trainees to share their experiences in different regions of the Kingdom, and to identify the obstacles and problems facing residents in this area where the ministry aims to give its employees . This program is appropriate rehabilitation and training to participate in the scientific committees evaluating and assessing real estate. The Ministry of Justice said that the training and development of its staff as part of its process comes in the preparation of cadres qualified and trained in accordance with the project to develop the facility of the judiciary and that made training Astratja option in the ministry and all its employees. |
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| Mohammed Abdulsalam | |
