Government | Thursday 14 January, 2016 10:54 am

Issam Al Mubarak: Capital Market Authority requires (Taqeem) membership for the real estate valuers and assets of the real estate investment funds

The Capital Market Authority Board has announced a resolution stating that the valuers mentioned in the real estate investment funds regulations, and the necessary requirements to offering units of the real estate investment fund as a private placement, issued by Capital Market Authority board...

More Details

Government | Thursday 14 January, 2016 10:52 am

Third Hospitality Industry Forum in Sharjah explores sustainable solutions to challenges in tourism sector

Sharjah Commerce and Tourism Development Authority (SCTDA) organised the third edition of the Hospitality Industry Forum, participated by experts and industry professionals from the tourism, hospitality and economy sectors. The Forum reviewed the latest developments and the performance of the hotel ...

More Details

Government | Tuesday 12 January, 2016 5:16 am

Makkah Municipality launches new portal

Emir Prince Khaled Al-Faisal launched the new and updated Makkah Municipality portal here on Sunday. A source from the municipality said the updated portal will facilitate many services for the people of Makkah. “The portal is used by citizens, residents and municipality staff as well....

More Details

Government | Tuesday 12 January, 2016 4:06 am

Steps on land incursion OK’d

The Council of Ministers on Monday approved several arrangements on incursions on government land, including that the concerned government agency allow those who have done so to use the land for agriculture, commerce or service purposes at prices to be decided by the government.  However,...

More Details

Government | Friday 8 January, 2016 1:58 pm

(Taqeem) proceeds its qualifying programs in 2016

The Saudi Authority for Accredited Valuers (Taqeem) continues its necessary training courses for getting its temporary membership to the Valuers in the real estate valuation filed. The first course which is specialized in the curriculum 101 starts on 24th of January 2016 in Riyadh, and lasts for 5...

More Details

Government | Sunday 3 January, 2016 9:48 am

Starting from today… The real estate valuation profession is only for Taqeem members

The resolution of the Saudi Authority for Accredited Valuers (Taqeem) will enter into force starting from 1/1/2016, which decrees the necessity of getting the Authority's temporary membership for the real estate people who have the right to practice the profession, no later than the end of the...

More Details

Government | Tuesday 29 December, 2015 4:38 am

King Salman to host 1,000 Umrah pilgrims and visitors

This year Custodian of the Two Holy Mosques King Salman will host 1,000 Umrah pilgrims and visitors from various parts of the world as his personal guests. The King’ program to host Umrah pilgrims and visitors was launched last year under the supervision of the Ministry of Islamic Affairs, ...

More Details

Government | Tuesday 29 December, 2015 3:27 am

King: Saudi economy strong enough to meet challenges

Custodian of the Two Holy Mosques King Salman announced on Monday that the annual general budget represents the beginning of an integrated and comprehensive working program to build a strong economy. Unveiling the budget for the fiscal year of 1437-38 (2016) at the weekly session of the Council...

More Details

Government | Monday 28 December, 2015 10:25 am

Saudi budget may unveil changes in revenue policy

Prominent Saudi economists, cited by Reuters, expect the 2016 budget to plan spending of about SR800 billion, roughly 20 percent lower than their estimate of this year's actual spending. A senior official of Saudi Aramco and the ministers of Economy and Planning, Finance, and Water and...

More Details

Government | Friday 25 December, 2015 2:48 am

Economic development council unveils transformation initiatives

As part of the Kingdom’s National Transformation Project, the Council of Economic and Development Affairs is currently working in coordination with government authorities to set in place a strategic implementation plan to increase national economic outputs and launch a series of economic...

More Details