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RIYADH: The Real Estate Development Fund (REDF) in the Kingdom said that 140.000 new Saudi families will be able to own their first home this year through the Sakani program. This will help to achieve the housing targets set out within the Saudi Vision 2030, said REDF CEO Mansour bin Madi, the Saudi Press Agency reported. It aims to boost Saudi home ownership to 70 percent. Some 644,000 families in total will have benefited from different types of assistance under the scheme by the end of 2021, the fund chief predicted. The “subsidized loan” program enabled more than 424,000 Saudi families to own adequate housing, since its launch in June 2017 through the end of 2020. ....
Saudi residents were on Wednesday urged to use a government app, launched to help prevent the spread of the coronavirus disease (COVID-19), in order to gain access to key public places. Authorities say that by downloading the Ministry of Health-approved Tawakkalna app to mobile phones people will be able to prove their health status when entering government facilities, private ....
Tuesday, 26 January, 2021 - 11:30 Custodian of the Two Holy Mosques King Salman bin Abdulaziz. SPA Jeddah - Saeed al-Abyad Custodian of the Two Holy Mosques King Salman bin Abdulaziz issued a royal decree on Sunday which ordered merging the Ministry of Housing and Ministry of Municipal and Rural Affairs and form “Ministry of Municipal and Rural Affairs and Housing.” The move comes in line with the steps and measures aimed at stimulating the public sectors to achieve the objectives of the 2030 Vision. Specialists said the decision completes the reform and development process, raises the efficiency of performance, and enhances government integration on services provided to citizens and beneficiaries. ....
Courtesy of Clinton Bush TPP Capital Management Executive Vice President and Chief Strategy Officer Clinton Bush TPP Capital Management, led by fund manager Anthony Miles and Executive Vice President and Chief Strategy Officer Clinton Bush, spent five years assembling parcels of largely vacant land in a five-block radius just to the west of Temple University Health System’s main campus. TPP intends to break ground there this quarter on the first phase of Tioga District, a mixed-use, wellness-focused development complex. The first phase will include 84 rental units for ages 55 and up split across two buildings, one with 30 units and the other with 54, on the 1700 block of Tioga Street. Also breaking ground will be eight buildings of for-sale condos on the 3300 block of North 16th Street, with four units to a building and one in each building designated as affordable housing. The rest of the condos are priced to be “market rate, but market rate for Tioga, ....
Saudi Arabia had 7 million cyberattacks in 2021 The report said that one of the most common attacks were against the protocols used by employees to access corporate resources remotely, emphasizing the need for cybersecurity awareness Updated 26 March 2021 March 26, 2021 23:33 JEDDAH: Remote working during the COVID-19 pandemic continues to present security threats and risks to companies and employees in Saudi Arabia, with 7 million cyberattacks hitting the country in the first two months of 2021, according to a new report. The report, from cybersecurity firm Kaspersky, said that Saudi Arabia saw more than 22.5 million brute force attacks in 2020 on remote desktop protocols (RDPs), the most popular way to access Windows or servers. Brute force attacks are trial-and-error attempts to guess login information, encryption keys or find a hidden web page. ....