Housing expo opens doors for first-time buyers in Saudi Arabia

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Sakani Expo, which will be held until Nov. 23, aims to facilitate real estate loans and help beneficiaries buy their first home. (SPA)
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Sakani Expo, which will be held until Nov. 23, aims to facilitate real estate loans and help beneficiaries buy their first home. (SPA)
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Sakani Expo, which will be held until Nov. 23, aims to facilitate real estate loans and help beneficiaries buy their first home. (SPA)
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Sakani Expo, which will be held until Nov. 23, aims to facilitate real estate loans and help beneficiaries buy their first home. (SPA)
Updated 15 November 2018
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Housing expo opens doors for first-time buyers in Saudi Arabia

  • Sakani Expo, which will be held until Nov. 23, aims to facilitate real estate loans and help beneficiaries buy their first home
  • Through the Mortgage Loan program, Sakani Expo offers financing solutions and products to suit all beneficiary groups

JEDDAH: Riyadh Gov. Prince Faisal bin Bandar inaugurated the Sakani Expo residential exhibition at the Riyadh International Convention and Exhibition Center on Thursday.
The ceremony was attended by Housing Minister Majid bin Abdullah Al-Huqail.
Sakani Expo, which will be held until Nov. 23, aims to facilitate real estate loans and help beneficiaries buy their first home by bringing together developers, real estate professionals, contractors, government agencies and financing institutions — providing all housing and financing solutions in one place.
Prince Faisal said: “This exhibition promotes the development taking place in the Kingdom and provides citizens with many options as well as information, all of which have the care and support of King Salman and Crown Prince Mohammed bin Salman.
“Saudi Arabia has always been full of good and enlightened thinking, through which citizens can lead good lives and own suitable houses,” he said.
Through the Mortgage Loan program, Sakani Expo offers financing solutions and products to suit all beneficiary groups, including retirees, entrepreneurs, private-sector employees and many who were previously unable to get a mortgage.
The Ministry of Housing and the Real Estate Development Fund (REDF) organized the exhibition to provide financing solutions to beneficiaries of the Mortgage Loan program, driving the housing sector forward and offering maximum benefit to citizens.
The initiative will also shorten a waiting list of an estimated 48,000 beneficiaries, all of whom will be served by the end of 2020.
REDF approved 85,000 beneficiaries’ requests last year and aims to grant more than 100,000 approvals during 2018 to achieve the goal of the National Transformation Program 2020 to increase the percentage of Saudis owning their homes to 60 percent. That figure is expected to reach 70 percent by 2030.
Sakani Expo will allow beneficiaries to meet with a real estate adviser who will offer residential and financing solutions to suit their needs and capabilities.
A Military Home Loans initiative to be launched during the expo by the Local Content and Private Sector Development Unit aims to make it easier for members of the military their own house by offering an additional loan up to SR140,000 ($37,300), in addition to covering up to SR500,000 of the profits of the financing provided by financiers through the Mortgage Loan program.
The loan will be repaid after repayment of the basic financing — 15-25 years — with premiums scheduled according to monthly income.
The Military Home Loans initiative targets members of the Ministry of Interior, Ministry of National Guard, Saudi Arabian Royal Guard, Presidency of the State Security and the General Intelligence Presidency.
In order to benefit from the initiative, members of the military are encouraged to register or update their data in the “Housing Support” program through the Ministry of Housing or the REDF.


Metal bands battle it out in Jeddah

Updated 05 May 2024
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Metal bands battle it out in Jeddah

  • Saudi band Wasted Land emerged as champions of the 2024 Wacken Metal Battle Middle East

JEDDAH: Wacken Metal Battle Middle East arrived in Jeddah’s Makan Music Center on Friday night, providing a platform for local metal bands to showcase their musical prowess.

The battle of the bands event featured Jaheem, Volfram, Kaizer, and Wasted Land aiming for top spot, creating a memorable experience for regional metal fans.

The battle of the bands event featured Wasted Land, Jaheem, Volfram, and Kaizer aiming for top spot, while 2023 winner, Egyptian band Erasing Mankind, took to the stage as guest performers. (AN photos/Supplied)

Wacken Metal Battle Middle East — supported by the German Consulate in Jeddah and European Weeks in Saudi, and a competition connected with Germany famous Wacken music festival — featured a jury of music experts and international guests, including judges from Germany, who evaluated the bands based on technical ability, song composition, and musical interpretation. They also took into account the band’s uniqueness, stage presence, audience interaction, execution of sound checks, communication, punctuality, and overall attitude.

HIGHLIGHTS

• Wacken Metal Battle Middle East was supported by the German Consulate in Jeddah and European Weeks in Saudi Arabia, and a competition connected with Germany’s famous Wacken music festival.

• Saudi band Volfram described the night as a ‘unique and unforgettable experience.’

The jury selected Wasted Land as the champions of the competition, meaning they now have the chance to perform at the Wacken festival, which takes place annually in Hamburg. Adding to the excitement, the winners of the 2023 event, Egyptian band Erasing Mankind also took to the stage as guest performers.

The battle of the bands event featured Wasted Land, Jaheem, Volfram, and Kaizer aiming for top spot, while 2023 winner, Egyptian band Erasing Mankind, took to the stage as guest performers. (AN photos/Supplied)

Promoter Monika Bremer said, “Since its inception 10 years ago, Metal Battle Middle East has provided numerous emerging bands with the opportunity to showcase their talent and advance their careers. This anniversary edition is an important milestone for the regional metal scene.

“Thanks to the support of our partners, emerging metal bands have the opportunity to participate in this competition and gain valuable experience,” she added.

Emad Ashor, guitarist and vocalist of Jeddah-based death metal outfit Immortal Pain and one of the judges at the event, said, “Talent, passion, and professionalism are key. This platform allows all bands to explore new experiences and pursue their dream of victory.”

Karim Mounir, composer and bassist of Erasing Mankind, who was also a judge at the event, said: “Wacken is all about embracing the present moment and fostering camaraderie between bands and the audience. Live performances truly distinguish bands, and the Saudi metal scene’s exceptional talent and musicianship have demonstrated their worthiness for such a significant event.

“The band that can most effectively captivate Wacken’s lively and inclusive crowd would be a perfect representative from the Middle East.”

Saudi band Volfram described the night as a “unique and unforgettable experience.”

Reflecting on the band’s journey to the final of the Wacken Metal Battle, a member of Kaizer said, “Being part of this competition is an honor in itself, and sharing the stage with incredible bands is an experience we will always treasure.

“Kaizer is just beginning and has so much more to offer. Our goal is to represent the Saudi metal scene in the most intense and impactful way possible. Earning the title of Jeddah’s Heaviest Music from the crowd is a recognition we deeply appreciate.”

 


Meet the Russian stylist living ‘blissfully’ in Saudi Arabia

Since her arrival, Margo Marsden has been documenting her experience of life in Saudi Arabia on social media. (Supplied)
Updated 04 May 2024
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Meet the Russian stylist living ‘blissfully’ in Saudi Arabia

  • “True to our expectations, we’ve found immense satisfaction living in Saudi Arabia. We consider it the best decision we’ve made for our family, and have no regrets.” Marsden, a professional stylist, told Arab News

RIYADH: Margo Marsden relocated to Saudi Arabia two years ago when her husband — a British oil and gas engineer — accepted a job in the Kingdom. Since her arrival, she has been documenting her experience of life in Saudi Arabia on social media. Her TikTok profile states she is a “Russian mother married to British father … living blissfully in Saudi Arabia.”

“True to our expectations, we’ve found immense satisfaction living in Saudi Arabia. We consider it the best decision we’ve made for our family, and have no regrets.” Marsden, a professional stylist, told Arab News. “Living here is incredibly invigorating; one can palpably sense the positive transformations taking place in the country, aligned with the ambitious Vision 2030 plan. In my view, Saudi Arabia stands as the premier destination for living in 2024.”

Marsden was born and raised in Kazakhstan before moving to Russia with her parents when she was 14 years old. She lived in several countries before relocating to Saudi Arabia, including Malaysia, Singapore, Italy, Turkiye, Lebanon, Thailand, the UK, and Norway.

Living here is incredibly invigorating; one can palpably sense the positive transformations taking place in the country, aligned with the ambitious Vision 2030 plan.

Margo Marsden, Russian stylist in KSA

Marsden had worked in Riyadh for a month in 2019 with fashion retailer Zara during Ramadan, and when her husband told her about his job offer, she was thrilled at the prospect of visiting the Kingdom again.

“I love it here, and I look forward to sharing my knowledge with local and expat women, to elevate their confidence and refine their fashion identity,” she said.

Marsden now has more than two decades of experience in the fashion industry. It’s a passion that began in her childhood, when she would meticulously craft outfits for her Barbie dolls with her mother’s guidance.

Marsden said she worked as a model — treading catwalks in Russia, Kazakhstan, Hong Kong, Malaysia, Singapore, Sri Lanka, Lebanon, Turkey, Trinidad and Tobago, and Thailand — before moving into the business side of the industry, studying fashion design at Accademia Italiana in Bangkok and personal styling at the London College of Style. She has worked as a buyer, content creator and stylist.

“My artistic pursuits also extend behind the camera; I coordinated photoshoots for both personal and corporate clients,” she added.

As a stylist, she said, her main objective is “to enhance my client’s natural beauty and instill confidence in each customer I work with.” While Marsden doesn’t currently have any clients in the Kingdom, she is hoping to establish her own business eventually.

“I’m eager to offer my expertise to individuals keen on enhancing their appearance. Helping others look and feel their best is immensely fulfilling to me,” she added.

To follow Marsden’s journey in Saudi Arabia, visit her Instagram @margo.marsden.

 


Riyadh forum to explore role of translation in promoting Saudi identity

Updated 04 May 2024
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Riyadh forum to explore role of translation in promoting Saudi identity

  • The conference aims to contribute to a key objective of the Kingdom’s Vision 2030 in promoting Islamic values and national identity, by encouraging Saudis to translate these concepts into other languages and cultures

RIYADH: The College of Languages at Princess Nourah bint Abdulrahman University in Riyadh will host a conference titled “Translating the Saudi identity through other languages and cultures” on May 15.

The event, carrying the slogan “We translate our identity,” will take place at the Department of Conferences and Seminars, and is sponsored by Saudi Minister of Education Yousef Al-Benyan.

It will focus on sharing the Kingdom’s cultural, historical, literary and intellectual heritage with a global audience, the Saudi Press Agency reported.

HIGHLIGHT

The conference will attract researchers and enthusiasts interested in Saudi identity and its translation for foreign cultures. Students specializing in national identity and translation will take part, alongside representatives from sectors focused on translating Saudi identity, including ministries, agencies and companies.

The role of translation in promoting a positive image of the Kingdom will also be discussed, as well as fostering international recognition and underscoring the Kingdom’s cultural impact.

The conference aims to contribute to a key objective of the Kingdom’s Vision 2030 in promoting Islamic values and national identity, by encouraging Saudis to translate these concepts into other languages and cultures.

A competitive environment will be established among university students to introduce them to their identity through other languages and cultures.

The conference will attract researchers and enthusiasts interested in Saudi identity and its translation for foreign cultures. Students specializing in national identity and translation will take part, alongside representatives from sectors focused on translating Saudi identity, including ministries, agencies and companies.

Six scientific sessions and workshops will be hosted at the conference, as well as topic-related exhibitions and cultural events. Sessions will cover themes including “Saudi family identity,” “National identity,” “Linguistic communication,” “The role of translation and publishing in sharing the Saudi identity with the world,” “Translating national heritage into global languages” and “National identity in film translation.”

The conference’s workshops will focus on topics including translating the Saudi identity within the tourism sector.

The College of Languages organized the event as part of its commitment to the 2025 strategic goals of Princess Nourah bint Abdulrahman University.

 


King Salman issues royal decree to appoint investigative lieutenants at Public Prosecution

Updated 04 May 2024
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King Salman issues royal decree to appoint investigative lieutenants at Public Prosecution

RIYADH: King Salman issued a royal decree on Saturday to appoint 261 investigative lieutenants at the Ministry of Justice’s Public Prosecution, Saudi Press Agency reported.

Attorney General Sheikh Saud bin Abdullah Al-Mujib thanked the king for the royal decree and said it reflected the support provided by the King Salman and Crown Prince Mohammed bin Salman for the ministry and its departments, SPA added.

Al-Mujib praised the commitment to advancing the development and prosperity of the justice ministry in alignment with the Kingdom’s Vision 2030.


Saudi Arabia, Turkey and Pakistan discuss enhancing defense cooperation

Updated 05 May 2024
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Saudi Arabia, Turkey and Pakistan discuss enhancing defense cooperation

  • The Saudi-Turkish bilateral defense cooperation committee also met in Istanbul

ISTANBUL: Saudi Arabia, Turkiye and Pakistan’s tripartite committee held its third meeting recently in Istanbul to discuss ways to enhance defense cooperation.

Saudi Assistant Minister of Defense Talal bin Abdullah Al-Otaibi, Turkish Deputy Minister of National Defense Bilal Durdali, and Lt. Gen Mohammed Owais from Pakistan were among the officials present at the meeting, the Defense Ministry said in a report on Saturday.

The meeting focused on joint cooperation in defense, the transfer and localization of technology, and the development of scientific research in accordance with Saudi Vision 2030, the ministry stated.

The Saudi-Turkish bilateral defense cooperation committee also met in Istanbul recently.