Monthly Archives: January 2024
The Real Estate Future Forum kicked off at Four Seasons Hotel Riyadh on Monday with an air of enthusiasm and determination with the presence of the Minister of Municipal & rural affairs Mr.Majid Al-Hogail. The minister emphasized the significance of the real estate sector, stating: “The sector is related to more than 120 industries, and this actually ensures its vitality and importance.” In addition he highlighted the property market’s substantial contribution to the non-oil gross domestic product, revealing a figure of 12.2 percent. The real estate sector is highly attractive, seeking to draw in diverse communities capable of preserving sustainability and promoting development and growth, Al-Hogail stressed. The focus then shifted to the Asir Region, where Prince Turki bin Talal, the governor, took the stage to share insights into the strategic development plan. More than 17 meetings with the crown prince were held to build a strategy for Asir Region,” […]