Riyadh Real Estate Exhibition “Restax18” concludes today

Posted in

With wide and varied participation in various real estate sectors, the Riyadh Real Estate, Housing and Urban Development Exhibition (Restatex 18), which was inaugurated by the Acting Minister of Housing, Dr. Essam bin Saeed, concluded on Wednesday evening, with the presence of more than 60 companies and exhibitors from major domestic companies and an estimated number of international companies, representatives of the private and public sector and a remarkable presence of the public to which various residential and commercial products and plans were offered.

Companies, banks and financing entities spread out to cover all areas of the venue. Companies, banks and financing bodies spread to cover all the spaces and halls of the place, where the wide offers of real estate and housing development and investment projects and financing programs provided by banks and companies engaged in financing the purchase of housing and real estate units, in addition to the participation of Gulf companies interested in marketing their projects and services in the Saudi market.

<A wide range of real estate and housing development and investment companies are participating in this year's edition, such as Dar Al Arkan, Basma Real Estate Management Company, Al Arjan Projects, Dar Al Tamleek, Dar Al Tamleek specialized in individual financing, Duwawin Real Estate, Amlak International, Saudi Housing Finance Company (Sahl), and Ewan International Housing Company. This is in addition to foreign participants that have obtained approved licenses to market their projects and services in the Kingdom's market, represented by Emirati companies such as Dubai Real Estate Company and Turkish companies showcasing their products to Saudi investors.

<The Ministry of Housing, the Real Estate Development Fund, the Ministry of Commerce, the Committee for the Sale of Real Estate Units on the Map, the Riyadh Municipality, the Supreme Authority for the Development of Riyadh City and the Riyadh Chamber of Commerce and Industry, while the most prominent participating banks are: Riyad Bank, Al Rajhi Bank, Saudi Holland Bank, SABB, Al Ahli Bank, Bank Al Jazira. <The exhibition witnessed several side events such as the workshop on the system of selling real estate units on the map ... Objectives, obstacles and partnerships, and the reasons for the high land prices. Real estate financing in the Kingdom, as well as a workshop to evaluate the Ministry of Housing's partnership program with real estate developers in the implementation of its projects.