Saudi Press

Saudi Arabia and the world
Monday, Sep 01, 2025

Al-Hogail: Forum to attract qualitative foreign investment in real estate sector

Al-Hogail: Forum to attract qualitative foreign investment in real estate sector

Minister of Municipal, Rural Affairs and Housing Majid Bin Abdullah Al-Hogail has affirmed that the “Real Estate Future Forum” keeps pace with government trends in the real estate sector, and contributes to attracting foreign companies to invest in the Kingdom’s real estate sector.
Investments in housing sector, in particular, is evident given that this sector represents one of the national economy’s main pillars.

Al-Hogail said: “The forum represents an opportunity to exchange regional and international experiences and viewpoints to benefit optimally from them, as it represents an intellectual platform, at the local and international levels.

“The forum is set to discuss the sector’s present and future, per a practical and scientific concept and method based on dialogue and discussion, and the exchange of ideas and opinions that boost the real estate sector.”

The minister stressed that the success of the outputs of the forum in its first edition posed a great challenge to continue this success in order to enhance this boom in the future.

He added that the forum represents a good opportunity to present the Kingdom’s experience and government efforts in developing and sustaining the real estate sector, especially the residential sector.

He said the forum reflects the efforts of the ministry’s achievements in developing the urban environment, humanizing cities, and smart and modern building technologies.

He noted the estimated efforts undertaken by the private sector in real estate, especially the residential sector, indicates that it is a strategic partner for the public sector.

He said this partnership is based on devising practical solutions to inject housing products that meet the needs of citizens and contribute to raising the rate of Saudi families home ownership to 70 percent by 2030, per the objectives of the Kingdom’s Vision 2030, in the housing sector.

The “Real Estate Future Forum”, in its second edition, and its accompanying activities, such as the exhibition and the real estate hackathon, will be launched in Riyadh, from Jan. 23-25, 2023.

More than 30 countries and 100 speakers and decision makers, who represent several local and international public and private sectors, are expected to participate.
Newsletter

Related Articles

Saudi Press
0:00
0:00
Close
Israeli Airstrike in Yemen Kills Houthi Prime Minister
After the Shock of Defeat, Iranians Yearn for Change
YouTube Altered Content by Artificial Intelligence – Without Permission
Iran Faces Escalating Water Crisis as Protests Spread
More Than Half a Million Evacuated as Typhoon Kajiki Heads for Vietnam
HSBC Switzerland Ends Relationships with Over 1,000 Clients from Saudi Arabia, Lebanon, Qatar, and Egypt
Sharia Law Made Legally Binding in Austria Despite Warnings Over 'Incompatible' Values
Dogfights in the Skies: Airbus on Track to Overtake Boeing and Claim Aviation Supremacy
Tim Cook Promises an AI Revolution at Apple: "One of the Most Significant Technologies of Our Generation"
Are AI Data Centres the Infrastructure of the Future or the Next Crisis?
Miles Worth Billions: How Airlines Generate Huge Profits
Zelenskyy Returns to White House Flanked by European Allies as Trump Pressures Land-Swap Deal with Putin
Beijing is moving into gold and other assets, diversifying away from the dollar
Cristiano Ronaldo Makes Surprise Stop at New Hong Kong Museum
Zelenskyy to Visit Washington after Trump–Putin Summit Yields No Agreement
High-Stakes Trump-Putin Summit on Ukraine Underway in Alaska
Iranian Protection Offers Chinese Vehicle Shipments a Cost Advantage over Japanese and Korean Makers
Saudi Arabia accelerates renewables to curb domestic oil use
Cristiano Ronaldo and Georgina Rodríguez announce engagement
Asia-Pacific dominates world’s busiest flight routes, with South Korea’s Jeju–Seoul corridor leading global rankings
Private Welsh island with 19th-century fort listed for sale at over £3 million
Sam Altman challenges Elon Musk with plans for Neuralink rival
Australia to Recognize the State of Palestine at UN Assembly
The Collapse of the Programmer Dream: AI Experts Now the Real High-Earners
Armenia and Azerbaijan to Sign US-Brokered Framework Agreement for Nakhchivan Corridor
British Labour Government Utilizes Counter-Terrorism Tools for Social Media Monitoring Against Legitimate Critics
WhatsApp Deletes 6.8 Million Scam Accounts Amid Rising Global Fraud
Nine people have been hospitalized and dozens of salmonella cases have been reported after an outbreak of infections linked to certain brands of pistachios and pistachio-containing products, according to the Public Health Agency of Canada
Texas Residents Face Water Restrictions While AI Data Centers Consume Millions of Gallons
Tariffs, AI, and the Shifting U.S. Macro Landscape: Navigating a New Economic Regime
India Rejects U.S. Tariff Threat, Defends Russian Oil Purchases
United States Establishes Strategic Bitcoin Reserve and Digital Asset Stockpile
Thousands of Private ChatGPT Conversations Accidentally Indexed by Google
China Tightens Mineral Controls, Curtailing Critical Inputs for Western Defence Contractors
OpenAI’s Bold Bet: Teaching AI to Think, Not Just Chat
BP’s Largest Oil and Gas Find in 25 Years Uncovered Offshore Brazil
JPMorgan and Coinbase Unveil Partnership to Let Chase Cardholders Buy Crypto Directly
British Tourist Dies Following Hair Transplant in Turkey, Police Investigate
WhatsApp Users Targeted in New Scam Involving Account Takeovers
Trump Deploys Nuclear Submarines After Threats from Former Russian President Medvedev
Germany’s Economic Breakdown and the Return of Militarization: From Industrial Collapse to a New Offensive Strategy
IMF Upgrades Global Growth Forecast as Weaker Dollar Supports Outlook
Politics is a good business: Barack Obama’s Reported Net Worth Growth, 1990–2025
"Crazy Thing": OpenAI's Sam Altman Warns Of AI Voice Fraud Crisis In Banking
Japanese Prime Minister Vows to Stay After Coalition Loses Upper House Majority
President Trump Diagnosed with Chronic Venous Insufficiency After Leg Swelling
Man Dies After Being Pulled Into MRI Machine Due to Metal Chain in New York Clinic
FIFA Pressured to Rethink World Cup Calendar Due to Climate Change
"Can You Hit Moscow?" Trump Asked Zelensky To Make Putin "Feel The Pain"
Nvidia Becomes World’s First Four‑Trillion‑Dollar Company Amid AI Boom
×