AQAR marks 10 years of success as Saudi Arabia’s leading real estate platform

Updated 11 September 2024

Arab News

September 11, 2024 13:28

With over 10 years of experience in the real estate technology industry, AQAR has established itself as the ultimate destination for comprehensive real estate solutions in Saudi Arabia. Available as both a website and a mobile app on iOS and Android, AQAR provides a seamless platform for property seekers and advertisers alike.

AQAR simplifies the search process for those looking to buy or rent properties across all cities and regions of the Kingdom. Beyond just listings, AQAR offers a range of services, including financing, leasing, real estate data analysis, and marketing. These services aim to meet the diverse needs of customers while contributing to the regulation of the Saudi real estate market. AQAR is committed to achieving the highest user satisfaction by maintaining top-quality standards and fostering strong connections between buyers, sellers, real estate seekers, and both government and private entities.

A decade of success

AQAR’s journey began over a decade ago, building a robust experience with its clients to become the leading name in innovative real estate solutions. AQAR leads the prop-tech market in Saudi Arabia. Some of the key metrics are: 233 billion documented values of properties listed on the platform, 400 million monthly searches conducted on the platform, 35 million monthly listings views, 12 million app downloads on iOS and Android, and 2 million active users per month.

What does AQAR offer?

AQAR offers a comprehensive suite of services catering to diverse segments of the real estate market. For general services, the platform provides a vast database of real estate listings for both sale and rent, a detailed property map showcasing all residential projects, a streamlined process for obtaining real estate advertising licenses, efficient leasing services, and a robust property management system. Additionally, AQAR generates comprehensive data reports to analyze market trends and user interactions across different regions. For developers, AQAR offers project showcasing on its map with detailed unit information and project features, targeted messaging to verified users, and effective digital marketing strategies to reach potential buyers. Finally, AQAR provides flexible real estate office plans designed to assist real estate offices and brokers in managing their listings efficiently.

The ‘Dufaat’ rent now, pay later service

AQAR has introduced the “Dufaat” service, which allows tenants to convert annual rental payments into monthly installments. This system also ensures landlords receive full and secure payments, making the leasing process simpler and more efficient on the AQAR platform.

Future aspirations

AQAR is dedicated to continuously providing innovative services in the real estate market, enhancing partnerships with financial institutions, and improving the user experience to attract new target audiences and foster sustainable growth.

Google brings flagship ‘Accelerate’ program to KSA

Updated 13 October 2024

Arab News

October 13, 2024 22:52

Google brings flagship ‘Accelerate’ program to KSA

Updated 13 October 2024

Arab News

October 13, 2024 22:52

Google launched its flagship Accelerate program in Saudi Arabia with an event, bringing the latest advancements in AI-powered marketing to the Kingdom’s thriving business landscape.

Accelerate Saudi, held at Muvi Theatre in Boulevard Riyadh, unveiled the latest study conducted by BCG and Google, looking at AI-driven marketing maturity. The study indicates that businesses that use AI and generative AI to power data-driven marketing strategies were found to witness 1.9 times more profitable growth and are 39 percent more productive vs two years ago. In today’s market context characterized by rising prices, market volatility, and disruptive technologies, companies seeking to increase their digital maturity are facing ever-greater challenges.

Exclusive insights from a research on Saudi consumers done by Google and Ipsos were also discussed, providing valuable information into consumer trends in Saudi Arabia and their decision-making processes using behavioral science principles.

“The future of marketing is here, and it’s powered by AI,” said Charbel Sarkis, country director at Google, Saudi Arabia.

Sarkis believes this presents a significant opportunity for businesses. “Every business, regardless of its current digital maturity level, must strategically assess its capabilities and plan its growth trajectory,” he urged, adding: “Investing in advanced technologies, training integrated teams, and adopting a data-oriented culture are crucial steps for not just surviving but thriving in the digital age.”

“It’s an exciting time to be a marketer using AI, through the latest tools, allowing us to understand and connect with our audience like never before,” said Basel Hijazi, retail and marketing lead at Google, Saudi Arabia. He added: “Consumers now expect companies to anticipate their needs, and businesses must leverage AI to meet these expectations effectively.”

Findings from the research on Saudi consumers revealed that 53 percent of consumers are open to AI-powered personalized recommendations in their shopping journey. Furthermore, approximately 30 percent of Saudi consumers have increased spending on leisure, entertainment, and fashion due to the growing availability of options within the country. With inflation impacting consumer behavior, 92 percent of respondents indicated changes in their spending habits, with 31 percent actively seeking sales and discounts.

Google’s Accelerate program equipped Saudi businesses with the insights and tools necessary to navigate the evolving marketing landscape and harness the power of AI for sustainable growth and success.

Rheem Middle East opens regional HQ in Saudi Arabia

Updated 13 October 2024

Arab News

October 13, 2024 22:51

Rheem Middle East opens regional HQ in Saudi Arabia

Updated 13 October 2024

Arab News

October 13, 2024 22:51

As part of its ongoing commitment toward its key market of Saudi Arabia, Rheem Middle East has announced the establishment of its new regional headquarters in the Kingdom. This move marks a significant milestone in the company’s dedication to servicing its customers in the country.

At the heart of this expansion is the launch of Rheem’s state-of-the-art Innovation and Learning Center in Riyadh. The ILC serves as a pivotal hub for showcasing Rheem’s latest HVAC technologies and providing specialized training programs aimed at developing the next generation of Saudi professionals. By offering comprehensive educational programs, Rheem is equipping young Saudis with the skills and knowledge required to excel in the rapidly evolving HVAC industry, emphasizing the growth of local talent and the importance of fostering a knowledge-based economy.

Rheem’s investment in Saudi Arabia reflects the company’s commitment to servicing the local market while driving innovative HVAC solutions tailored to the market. “As we approach our 100th anniversary in 2025, we are thrilled to establish our regional headquarters in Saudi Arabia, which is a key market that plays an essential role in our global aspirations, and are committed to supporting the Kingdom’s growth” said Brian Hempenstall, vice president and general manager of Rheem Middle East.

As Rheem continues to innovate and grow, the new regional headquarters and the ILC will play a critical role in supporting the company’s expansion strategy, reinforcing its position as a thought leader in the Saudi HVAC industry.

GIB-Saudi Arabia to spread cancer awareness in Eastern Province

Updated 13 October 2024

Arab News

October 13, 2024 22:49

GIB-Saudi Arabia to spread cancer awareness in Eastern Province

Updated 13 October 2024

Arab News

October 13, 2024 22:49

Gulf International Bank-Saudi Arabia has announced a new partnership with the Saudi Cancer Foundation to spread cancer awareness and support society in providing necessary care for cancer patients in the Eastern Province.

The signing ceremony, which is part of the “Eastern in Pink Campaign,” was attended by Eastern Province Gov. Prince Saud bin Nayef, GIB Chairman Abdulla Al-Zamil and Chairwoman of Saudi Cancer Foundation May Al-Jabr, along with executives and dignitaries.

Through this collaboration, GIB-Saudi Arabia will support the foundation’s initiatives to continue its mission in delivering quality healthcare and awareness programs within the Eastern Province community.

Commenting on the partnership, Al-Zamil said: “We are pleased to collaborate with the Saudi Cancer Foundation in their mission of improving the well-being of cancer patients. This partnership is part of GIB’s ongoing commitment to social responsibility and reflects our efforts to contribute positively to the community we operate in and support the Kingdom’s Vision 2030.”

Through its CSR programs, GIB-Saudi Arabia supports many nonprofit organizations that are actively providing services to the community and contributing to community development.

Salam Mobile renews partnership with Zain KSA

Updated 12 October 2024

Arab News

October 12, 2024 21:59

Salam Mobile renews partnership with Zain KSA

Updated 12 October 2024

Arab News

October 12, 2024 21:59

The Integrated Telecom Company, known as Salam Mobile, has extended its strategic partnership with Zain KSA, a provider of telecommunications and digital services in Saudi Arabia. This newly signed agreement extends the collaboration until 2030, focusing on expanding and enhancing Salam Mobile’s services by leveraging Zain KSA’s cutting-edge hosting capabilities and advanced telecommunications infrastructure.

This collaboration aligns with Salam Mobile’s strategy to elevate user experiences, strengthen its presence, and expand its services across the Kingdom. By leveraging Zain KSA’s advanced 5G infrastructure and digital capabilities, Salam Mobile will deliver enhanced mobile solutions, while contributing to the Kingdom’s broader digital goals. The partnership also reinforces Zain KSA’s dedication to promoting digital inclusion and advancing Saudi Arabia’s telecommunications and smart services sectors. Through direct, strategic investments in innovation and expansion, Zain KSA empowers mobile virtual network operators like Salam Mobile, along with other digital service providers, to grow and actively participate in the Kingdom’s digital transformation journey.

Salam Mobile CEO Ahmed Al-Anqari said: “Our partnership with Zain KSA has been instrumental in supporting our growth and expansion plans, playing a pivotal role in our transformation as a key contributor to the Kingdom’s digital transformation journey. With the renewal of this strategic partnership, we will leverage one of the most advanced 5G networks in the region, enabling us to expand our coverage and enhance our service and product portfolio for both individuals and businesses. This move reaffirms our commitment to building strong partnerships and harnessing cutting-edge technologies to accelerate digital transformation and support the Kingdom’s broader objectives.”

Acting CEO of Zain KSA Saad bin Abdulrahman Al-Sadhan added: “We remain committed to supporting the realization of Saudi Vision 2030 and our leadership’s aspirations to transform the Kingdom into a global hub of innovation and a smart digital economy. As a leading telecommunications provider, we recognize our duty to promote digital inclusion, which enhances the daily experiences of our customers and helps them achieve their goals. Our responsibility also extends to our partners in this vital telecom sector, particularly mobile virtual network operators. Empowerment drives impact, and inclusive partnerships yield widespread benefits. This is why we are focused on creating a level playing field that serves everyone and improves the overall quality of services and solutions. In line with this vision, we are pleased to extend our strategic partnership with Salam Mobile until 2030, building on years of successful collaboration.”

The partnership between Zain KSA and Salam Mobile, begun in 2021.

New Murabba participates in Riyadh career fair

Updated 12 October 2024

Arab News

October 12, 2024 21:59

New Murabba participates in Riyadh career fair

Updated 12 October 2024

Arab News

October 12, 2024 21:59

New Murabba Development Company participated in the 10th edition of the Step Ahead Career Fair in Riyadh, as part of its aim to attract the very best Saudi talent of the future. The exhibition featured a large gathering of more than 873 local and international employers within the Kingdom.

“New Murabba is committed to collaborating with various Saudi companies and sectors to attract highly skilled and ambitious talent. Our New Murabba Graduates Program is designed for both male and female graduates from local and international universities. This program aims to provide specialized and high-quality training to integrate and engage graduates, contributing to the company’s objectives and supporting Saudization plans and targets,” said Mamdouh Al-Quraishi, chief corporate services officer.

Al-Quraishi highlighted the significant engagement and attendance at the company’s exhibition pavilion, with notable interest from visitors and prospective candidates. Both male and female national talents expressed their keenness to join the New Murabba team. The company’s representatives warmly received them, addressing their queries regarding job applications and providing information about the New Murabba Graduate Program.

New Murabba is building a vibrant, modern destination in Riyadh, where innovation and technology harmonize with nature and sustainability.

This landmark destination is set to captivate the world and pave the way for a new era in the bright future of the Kingdom.

AQAR marks 10 years of success as Saudi Arabia’s leading real estate platform