Major real estate summit opens in Riyadh; $2.6bln deals inked

 

The Forum is being held in conjunction with the launch of the real estate brokerage bylaw, which is one of the most important enablers for the development and governance of the real estate sector

Saudi Arabia — The second edition of the Real Estate Future Forum kicked off today (January 23) in Saudi capital Riyadh featuring more than 150 speakers from both the kingdom and abroad as well as 60 participating pavilions.

It was inaugurated by Minister of Municipal and Rural Affairs and Housing Majed bin Abdullah Al Hogail in the presence of Prince Dr Faisal bin Mishaal bin Saud bin Abdulaziz, Governor of Al Qassim Region, Prince Saud bin Talal bin Badr bin Saud, Al Ahsa Governor, and several ministers and senior officials, reported SPA.

The Forum is being held in conjunction with the launch of the real estate brokerage bylaw, which is one of the most important enablers for the development and governance of the real estate sector, digitizing its operations and serving beneficiaries, so that the real estate sector in the kingdom can be vital and attractive and be able to stimulate investment for enjoying reliability and transparency in all real estate activities.

The three-day event witnessed signing of agreements worth over SR10 billion ($2.6 billion) in the field of real estate development and construction techniques, and the establishment of four investment funds to develop commercial, tourism and residential projects, it stated.

In his opening address, Al Hogail said the Saudi real estate sector was one of the key pillars of the national economy, and hence enjoyed unlimited support from the wise leadership.

The Kingdom is keen to organize and develop the sector, improve oversight mechanisms, increase efficiency, encourage investment in the sector and enable greater contribution to GDP.

“Ten strategic areas will be addressed at this year’s forum, the most important of which are: Regional initiatives and their impact on the growth of the real estate sector in the region. The future of real estate investment. real estate regulation between implementation and oversight; and the private sector between regulation and empowerment in the real estate sector,” he added.

Originally published at https://businessdor.com on January 24, 2023.

Comments

Post a Comment

Popular posts from this blog

285+ Free Guest Posting Sites Where You Can Publish Guest Posts in 2024

Image
  Here is the ultimate list of popular blogs across different niches that   accept guest posts . Against each blog, I have mentioned its guest blogging guidelines, contact details, its Ahrefs Rank, and Domain Rating (DR). The following list contains blogs in Blogging, SEO, Social Media, Affiliate Marketing, Web design, Web Development, Finance, Technology, and Health industries that are accepting guest posts. Best SEO Write for us Guest Posting Sites Business d’Or  |  Get Featured  | Ahrefs Rank: 27,129 | DR: 78 MarketingTechNews |  Write for us  | Ahrefs Rank: 30,484 | DR: 76 RankWatch Blog |  Write for us  | Ahrefs Rank: 62,801 | DR: 73 Serpstat Blog |  Submit?  | Ahrefs Rank: 16,253 | DR: 79 Jeffbullas’s Blog |  Writing Process  | Ahrefs Rank: 10,354 | DR: 81 Search Engine Watch |  Become a Contributor  | Ahrefs Rank: 2,683 | DR: 88 Search Engine Land |  Contribute  | Ahrefs Rank: 942 | DR: 91 Search...
Read more

Celebrities who passed away in 2023 (So Far)

Image
  The entertainment world has said goodbye to many personalities from the worlds of music, film and television in 2023. Scroll down to see all celebrities who have died so far in 2023, including Lisa Marie Presley, Jeff Beck, and more. News Source:  Business d'Or Image :  Business d'Or Gangsta Boo Rapper Gangsta Boo, formerly of the hip-hop group Three 6 Mafia, passed away on January 1, her representative said Variety. She was 43. Adam Rich Adam Rich passed away on January 7. He was a former child actor best known for playing the youngest child in the ABC comedy "Eight Is Enough." He was 54. Fred White One of Earth Wind & Fire's two drummers during the band's most prosperous decade, 1974–1984, Fred White passed away on January 9 at the age of 67. Jeff Beck One of the most inventive and undoubtedly surprising guitar idols of the 1960s, Jeff Beck passed away on January 10. He was 78. Ben Masters Ben Masters, who portrayed Julian Crane in the daytime soap ...
Read more

The Digital Marketing Interview: Getting Your Approach Right

  This article by Morgan Cummins was first published in January 2019. We have since added some tips on how to do a   job interview online . You might also like to download and read the   report Xekera Systems did in conjunction with The Economist Group   on key skills for digital marketers in the 2020s. One of the most popular questions I get from the people I work with is this: ‘How can I ace an interview and get the job?!’ While interviewing isn’t an exact science, candidates tell me that the advice I provide them with has resulted in their best interviews ever, almost always resulting in selection to the next round of interviews. The key to my advice is the more you practice, the better you will perform on the big day. But what does this mean specifically for digital marketers? While traditional interviews are still very much the norm, a recent global recruitment report suggests that soft skills assessment and meetings in casual environments are being i...
Read more