Chairman of the Real Estate Authority: The Kingdom's housing experience is one of the most successful globally in recent years

Al Hammad reviews real estate legislation, enabling technologies and artificial intelligence to improve quality of life within Vision 2030 at the Baku Forum

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The CEO of the General Real Estate Authority, Engineer Abdullah bin Saud Al-Hammad, emphasized the Authority's keenness on its presence within the Kingdom's participation in the World Urban Forum XIII in the Azerbaijani capital Baku, which focuses on housing topics and its challenges.

In a statement to the Saudi Press Agency, he considered the experience of Housing in the Kingdom is one of the most successful experiences globally during the past years, as a result of the support of the wise leadership under the umbrella of the Kingdom's Vision 2030, pointing out that the Authority during its participation reviewed the legislation and regulations that it worked on during the past period, and shared experiences with countries and exhibitors to benefit from what the countries have done from legislation and regulations and what the real estate sector may need in the Kingdom.<He explained that the Authority sought to enable real estate technology in order to keep pace with the current stage and enable technical tools, addressing the most prominent experiences it shared, which is how legislation can be supportive and enabling modern technologies of artificial intelligence, adding that the quality of life comes from organization, justice, transparency and balance in the relationship between the parties, reviewing the draft property union system updated for public views, and is now being reviewed in final form and working to approve it with the government center, and this is one of the most important legislation that will have a great impact on the quality of life in the future.<He added that the Kingdom's Vision 2030 has a great impact in accelerating growth in all sectors, including the urban and real estate sectors, adding that the Authority during its participation in the forum reviews what the Kingdom has reached in all fields.