About 200 speakers participated in the forum, led by Their Royal Highnesses princes, excellencies, deputy ministers and senior officials in ministries and government agencies, in addition to real estate experts, representatives of several real estate authorities, companies and institutions, personalities and guests from inside and outside the Kingdom, distributed among 40 sessions and 25 workshops, as well as an exhibition of more than 60 participating pavilions.
The forum was accompanied by an exhibition of more than 60 participating pavilions.
During the launch of the forum, Minister of Municipal and Rural Affairs and Housing Majid bin Abdullah Al Haqeel stressed in his speech that “Future Real Estate Forum” keeps pace with government trends in the real estate system and contributes to attracting foreign companies to invest in real estate, in general and residential in particular, as this sector is one of the pillars of the national economy.
His Royal Highness stressed the importance of attracting foreign companies to the Kingdom in the real estate sector, in general and residential, in particular, as one of the pillars of the national economy. His Royal Highness Prince Dr. Faisal bin Meshal bin Saud bin Abdulaziz, Governor of Qassim region, during a panel discussion titled “The role of emirates, governorates and ministries in harmonizing to enable the real estate sector”, stressed the importance of investing in rural tourism in all regions of the Kingdom, pointing out that the Kingdom's agricultural regions have distinctive rural countryside and farms.
His Royal Highness Prince Dr. Faisal bin Meshal bin Saud bin Abdulaziz <HRH Prince Saud bin Talal bin Badr bin Saud, Governor of Al-Ahsa, explained the importance of integration between government agencies to develop the real estate sector, pointing out that Al-Ahsa enjoys many services, including aviation, railway and roads. The Minister of Housing and Urban Planning of the Sultanate of Oman, Dr. Khalfan Al Shuaili, participated in a panel discussion entitled “The role of emirates, governorates and ministries in alignment to enable the real estate sector”, noting that the targets of the Omani Vision 2040 programs are similar to the Kingdom's Vision 2030, especially in the main foundations, by focusing on the human, social, governance, economic and environmental aspects.
His Highness stressed the importance of integration between government agencies for the development of the real estate sector in Al-Ahsa. His Highness Prince Faisal bin Abdulaziz bin Ayyaf, Secretary of Riyadh, emphasized that the real estate sector is one of the strengths, reviewing the history of the city of Riyadh from the 1950s to today, stressing that the real estate sector, developers, real estate and the private sector are effective elements and with their participation can promote a promising future in building cities.
His Highness Prince Faisal bin Abdulaziz bin Ayyaf, Secretary of Riyadh Region. <The Future of Real Estate Forum, in its second edition, addressed a number of issues of utmost importance related to the real estate system, including: Alternative means of dispute resolution in the real estate sector, most notably “reconciliation and real estate arbitration”, which enhances the status, importance and attractiveness of real estate and reduces the damage and risks of real estate disputes, leading to the stability of the real estate system.
The forum addressed, in its second edition, a number of issues of great importance related to the real estate system, including. The forum addressed, through its discussions and intensive sessions with the participation of specialized experts from inside and outside the Kingdom, the importance of alternative means of settling real estate disputes instead of resorting to the judiciary, as alternative means are the fastest and safest means of resolving real estate disputes, given that resolving real estate disputes through the judiciary may take a long time and may result in consequences that harm both the disputants and the real estate alike, as reconciliation and arbitration are among the most important alternative means most prevalent and accepted by real estate professionals to resolve disputes locally, internationally and regionally.
Alternative dispute resolution is one of the most important alternative dispute resolution methods that are widely used and accepted by real estate professionals to resolve disputes locally, internationally and regionally.
The forum reviewed real estate disputes and the mechanism of reconciliation and real estate arbitration, as well as the importance of the reconciliation center and real estate arbitration centers and their role in creating a suitable, fair and attractive environment in the Kingdom characterized by confidentiality, neutrality, speed and high professionalism.
A number of officials spoke about the importance of reconciliation and arbitration centers and their role in creating a suitable, fair and attractive environment in the Kingdom that is confidential, neutral, speed and high professionalism. A number of officials from various reconciliation and arbitration centers spoke about the role played by these centers, stressing that resolving disputes through reconciliation makes the real estate sector an attractive and vital sector.
<The speakers in the working sessions discussed 10 themes, namely financing in promoting the real estate market, artificial intelligence, the Internet of Things and big data in the real estate sector, quality of life in real estate development, the impact of legislative regulations on the real estate sector, future cities and urban development, smart cities and sustainability, human capabilities and their qualification in the real estate sector, smart construction in the real estate field, raising the level of quality and safety in construction technology, while workshops reviewed several important topics and issues, including financing real estate SMEs, real estate auctions and their impact on the sector, localization and challenge
