Justice minister acts to streamline real estate sector in Saudi Arabia

Sheikh Walid bin Mohammed Al-Samaani. (SPA)
Updated 29 May 2019
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Justice minister acts to streamline real estate sector in Saudi Arabia

  • The decree allows the beneficiaries to carry out documentation operations on real estate in any city with certified notaries, regardless of the location of the property

RIYADH: The Minister of Justice and President of Supreme Judicial Council, Sheikh Walid bin Mohammed Al-Samaani, has adopted six regulations for the implementation of a decision to abolish the jurisdiction of notaries following a pilot program partially implemented in Riyadh about four months ago.
The decree allows the beneficiaries to carry out documentation operations on real estate in any city with certified notaries, regardless of the location of the property. The decision came after the end of a pilot phase in Riyadh, which has been extended to all regions of the Kingdom. The implementation of the decision to cancel the spatial jurisdiction comes according to specific requirements.
Other requirements state that the deeds should be issued through the comprehensive system of real estate wealth information, and should carry the real estate plot numbers in approved plans.
The approved requirements also stated that the transaction should be for the whole property and not part of it, and that it should be limited to the sale, purchase, gift, mortgage and foreclosure operations, provided that the two parties to the transaction are Saudis, while the decision excluded Makkah and Madinah from spatial jurisdiction cancelation.


Pompeo meets with Crown Prince Mohammed bin Salman for talks on Aramco attacks

Updated 49 min 53 sec ago

Pompeo meets with Crown Prince Mohammed bin Salman for talks on Aramco attacks

  • Pompeo described the drone and cruise missile strikes on Saturday as an 'Iranian attack'
  • Pompeo was met at Jeddah airport by Saudi Foreign Minister Ibrahim Al-Assaf. 

JEDDAH: US Secretary of State Mike Pompeo Wednesday described strikes on key Saudi oil installations as an “act of war” as he landed in Jeddah to meet with Saudi Arabia's Crown Prince Mohammed bin Salman.

Pompeo described the drone and cruise missile strikes on Saturday as an “Iranian attack”.

He said it had not come from Yemen’s Iran-backed Houthi militants and that there was no evidence the attacks had been launched from Iraq.

"This is an attack of a scale we've just not seen before," he added.

Pompeo was met at Jeddah airport by Saudi Foreign Minister Ibrahim Al-Assaf.

Pompeo's visit comes as President Donald Trump said on Wednesday there were many options short of war with Iran after Saudi Arabia's display of remnants of drones and missiles it said were used in the I that was "unquestionably sponsored" by Tehran.

"There are many options. There's the ultimate option and there are options that are a lot less than that. And we'll see," Trump told reporters in Los Angeles. "I'm saying the ultimate option meaning go in — war."

Trump, who earlier said on Twitter that he had ordered the US Treasury to "substantially increase" sanctions on Iran, told reporters the unspecified, punitive economic measures would be unveiled within 48 hours.

Trump's tweet followed repeated US assertions that the Islamic Republic was behind Saturday's attack on Aramco facilities and came hours after Saudi Arabia said the strike was a "test of global will."

Earlier on Wednesday, UK Prime Minister Boris Johnson said he had spoken with US President Donald Trump about the Aramco attack, and agreed that Iran must not be allowed to acquire a nuclear weapon.

Also on Wednesday, Kuwait's army released a statement announcing it was raising its preparedness level for some units, given the tensions in the Middle East region.