The Cabinet praised the work of the fifth edition of the Future Real Estate Forum. The Council pointed out that The Future of Real Estate Forum represented a global platform that brought together experts and specialists from different countries of the world, and resulted in the signing of 80 agreements and memorandums of understanding that contribute to the development of the real estate sector, raise its efficiency and enhance its contribution to the overall economic development process, in line with the objectives of the Kingdom's Vision 2030.
In a related context, the Cabinet discussed the outcomes of the meetings and conferences recently hosted by the Kingdom, appreciating the active international participation in the second meeting of the Ministerial Council of the Middle East Green Initiative, which witnessed the approval of new members, bringing the number of participating countries to 35, in addition to taking foundational steps to prepare for the launch of the operational and developmental phase of the initiative.
The Cabinet discussed the outcomes of the meetings and conferences recently hosted by the Kingdom. <The Council emphasized the importance of renewing the commitments made under the initiative, particularly the planting of more than 22 billion trees and the rehabilitation of 92 million hectares of land, which supports the achievement of regional environmental goals, contributes to addressing climate challenges, and strengthens global environmental efforts. The Cabinet also commended the results of the International Conference on Capacity Building in Data and Artificial Intelligence held in Riyadh, which witnessed the launch of multi-field initiatives and the signing of 27 agreements aimed at strengthening international academic partnerships, knowledge transfer, localizing technology, and supporting the objectives of the national strategy for the sector.
The Cabinet also commended the results of the International Conference on Capacity Building in Data and Artificial Intelligence, which was held in Riyadh. <The Council also praised the Saudi Media Forum, held under the patronage of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, which included strategic agreements and initiatives that reflected the development of the media sector in the Kingdom and its role in keeping pace with digital transformations and content creation, reflecting Riyadh's status as a regional and global center for creators and major events. The Cabinet reviewed the successes achieved in a number of government sector systems, stressing that the start of the implementation of the national privatization strategy represents a supportive step to diversify the national economy, consolidate the pivotal role of the private sector in development, open new horizons to improve the quality of infrastructure and public services, and enhance the attractiveness of the investment environment.
The Cabinet reviewed the successes achieved in a number of government sector systems. The Council praised the development and quality projects launched in the industrial cities of Makkah and Jeddah for their role in supporting the localization of priority industries, developing local content, and facilitating doing business, which contributes to enhancing economic development at the regional level.
