Saudi housing minister hands over ‘48-hour’ house to new owner

Minister of Housing Majid Al-Hogail has urged developers to ensure the project is completed on time. (SPA)
Updated 28 December 2018
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Saudi housing minister hands over ‘48-hour’ house to new owner

  • The Al-Wajiha project will comprise 574 villas, constructed using non-traditional techniques

Housing Minister Majed bin Abdullah Al- a Hogaila handed over the Kingdom’s first ‘48-hour’ house in Dammam to its new owner, Sultan Al-Qurashi, on Thursday. The house is the first in the SAKANI Program, part of the Al-Hakimiah Company’s Al-Wajiha project, which falls under the Kingdom’s Building Technology Stimulus Program. The Al-Wajiha project will comprise 574 villas, constructed using non-traditional techniques. 

Each housing unit will reportedly take just two days to build. 

The Building Technology Stimulus Program is part of Saudi Vision 2030, and its aim is to speed up construction and provide citizens of the Kingdom with high-quality, competitively priced housing, and to stimulate localization of the Kingdom’s construction industry. 

Al-Hogail praised the developers for their landmark achievement, urged them to keep working to ensure the project is completed on time, and promised to continue finding ways to provide the best services for Saudi citizens.


Finance officials meet to map out Saudi Arabia’s budget plans

Updated 19 April 2019
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Finance officials meet to map out Saudi Arabia’s budget plans

  • Finance representatives of 150 government bodies meet for the Budget Forum 2020

RIYADH: Saudi finance chiefs have kicked off a major conference in the capital aimed at mapping out the Kingdom’s budget requirements.
Around 300 specialists representing 150 government bodies met at the InterContinental hotel in Riyadh for the Budget Forum 2020.
Minister of Finance Mohammed Al-Jadaan welcomed delegates to the second edition of the gathering organized by the Saudi Finance Ministry under the slogan “Partnership and Empowerment.”
Al-Jadaan said the ministry was focused on “partnership and commitment,” and sought to share the challenge of developing an effective budget to achieve the Kingdom’s ambitious goals.
“We are also committed to empowering financial leaderships to learn about the ministry’s programs and projects and provide training and qualification opportunities to the best international standards,” he added.
The finance chief said the budget planning process required the collaboration of multiple authorities and a clear strategy based on transparency. 
Items up for discussion at the forum included financial planning in governmental bodies, automation, and the promotion of revenues and efficient spending.
Finance Ministry steering committee chairman, Abdul Aziz bin Saleh Al-Freih, stressed the importance of the forum in getting the ball rolling at an early stage on formulating a general state budget.
Workshops were held on the sidelines of the conference focused on empowering government organizations, and a training program on financial planning and income estimations was also staged.