His Highness Prince Badr bin Mohammed bin Jalawi Al Saud, Governor of Al-Ahsa, honored on Tuesday morning at the Intercontinental Al-Ahsa Hotel the “Real Estate Systems Forum” organized by the Al-Ahsa Chamber, represented by the Real Estate Committee and lawyers.
Demanding an independent supreme body for real estate The forum opened with a blessed recitation of the Holy Quran, Then the Chairman of the Board of Directors of the Chamber of Commerce and Industry in Al-Ahsa Saleh Al-Afaleq delivered a speech in which he welcomed His Highness Prince Badr bin Mohammed bin Jalawi Al Saud and pointed out that the Chamber intends to organize the forum on an annual basis amid the anticipation of the real estate community to launch it with great interest because it represents a platform and a real estate platform in which real estate professionals and interested parties discuss their issues and concerns, and explained that the forum will focus on several main and important themes and discuss the challenges imposed by the development of the real estate market in the Kingdom and the expected movement after the adoption of real estate regulations from providing qualified national cadres to work in this sector and attention to training and training.
Real estate market size 1.3 trillion riyals Then Engineer Khaled bin Saud Al-Saleh, Vice President of Al-Ahsa Chamber and Chairman of the Real Estate Committee, delivered a speech in which he emphasized the strength of the real estate market as it represents a strong destination for investors, as the total size of the real estate market in the Kingdom exceeded approximately 1.3 trillion riyals during the current time, thus considered the largest real estate market in the Middle East region, and it is expected that the market size will reach 1.5 trillion riyals over the next few years, especially with strong demand from both consumers and investors, who are looking for a market that returns large profits and high capital growth. Saleh added that the real estate market in the Kingdom exceeds 1.3 trillion riyals.
The Kingdom's real estate market continues its recovery in an economic boom that confirms the Saudi development process and its financial viability, Al-Saleh added.
Real estate investments need $640 billion
More than 25 regulations to regulate the real estate market
<At the end of the ceremony, a documentary film was shown about the development of the urban and real estate renaissance in the Kingdom in general and Al-Ahsa in particular, after which Prince Badr bin Jalawi handed out shields to supporters and participants in the forum, and then received a commemorative gift on this occasion from Chamber President Saleh Al-Afaleq.








