<The Board of Directors of the Public Authority for Real Estate held its sixteenth meeting under the chairmanship of H.E. Majid bin Abdullah Al-Hogail, Minister of Municipal, Rural Affairs and Housing and Chairman of the Board of Directors of the Authority, to review the most important executive works of the comprehensive strategy for the real estate sector and the implementation of the Cabinet decision to amend the Public Authority for Real Estate.

The Board discussed the implementation of the Cabinet decision to amend the regulation of the Public Authority for Real Estate, and reviewed the plans for real estate advertising controls, criteria for licensing and classifying electronic real estate platforms, controls for analyzing real estate markets and decisions, controls and standards that

10 items were discussed

and touched on projects related to the four strategic pillars of real estate sector regulation and governance, initiatives to raise the level of transparency in the market, the real estate indicators platform that reached (79) price and non-price real estate indicators, and the report of the committee to address registration errors (ownership) during the third quarter During the third quarter, the Authority's role in building and developing human capacity in the sector through the implementation of the Saudi Real Estate Institute (98) courses that included training bags that benefited a number of trainees during the third quarter in all cities and regions of the Kingdom, and the Board was briefed on the developments of in-kind registration of real estate.

The meeting was attended by the Acting Governor of the Public Authority for Real Estate, and a number of officials in the relevant ministries and authorities.