Public Authority for Real Estate participated in <a style="color: #993300;" href="https://furasforum.momrah.gov.The Municipal Investment Forum "Opportunities“ in its second edition held in Riyadh, under the patronage of the Minister of Municipal and Rural Affairs and Housing Majid Al-Hogail and with the participation of a number of relevant government agencies, investment and real estate companies.
Municipal Investment Forum
. The Municipal Investment Forum showcases a package of investment opportunities offered by municipalities and government agencies and aims to expand the base of competitors by stimulating and attracting local and foreign capital investments to contribute to raising the quality of life in Saudi cities and regions in accordance with Vision 2030.
The participation of Municipal Investment Forum <The participation of <a style="color: #993300;" href="https://amlak.net. in real estate exhibitions and conferences as part of its roles in introducing and raising awareness of the real estate brokerage system and regulations, real estate registration and regulation of the non-governmental real estate sector and as an extension of its efforts to spread and increase awareness of sector regulations and activities, enhance governance, raise performance efficiency, maintain sustainability, serve partners and raise the level of transparency of the sector in implementation of the comprehensive strategy for the real estate sector.
The General Authority for Real Estate (G.A.R.E.) has announced that it will participate in real estate exhibitions and conferences. <It is noteworthy that the Authority announced earlier the entry into force of the real estate brokerage regulation system to correct and regulate the status of real estate practitioners working in the field of brokerage and real estate services in the sector, noting that the services related to issuing the necessary licenses to practice real estate brokerage and marketing activity without financial compensation throughout the period of correcting the situation, which ends with the entry into force of compliance on 30 Dhul Hijjah 1444 H corresponding to July 18, 2023, based on the role of the Authority in stimulating real estate brokerage activity and enabling real estate practitioners to continue their work in accordance with the system, which will contribute to achieving the reliability of real estate transactions and raising the level of services provided and the level of the real estate sector in the implementation of the comprehensive strategy for the real estate sector. The cooperation of the parties in implementing the new system cannot be overlooked, as it is a catalyst for increasing the vitality of the sector, raising its attractiveness and preserving the rights of beneficiaries.
