The Saudi capital Riyadh will host the Global Proptech Summit, organized by the Public Authority for Real Estate under the patronage of H.E. Minister of Municipalities and Housing, Mr. Majid bin Abdullah Al Haqeel, and in strategic partnership with the National Housing Company (NHC). The summit will be attended by prominent personalities, global experts and specialists in the fields of real estate and real estate technologies, in addition to more than 100 speakers representing 80 countries, sharing their experiences and expertise with thought leaders and CEOs of major real estate and real estate technology companies, as well as investors from around the world.
<The summit will focus on the journey of digital transformation in the real estate sector, the role of emerging technologies in shaping the future of "Proptech", in addition to the latest innovations in modern construction technologies, virtual reality and artificial intelligence technologies that contribute to the automation of real estate operations and services. The summit will also highlight the applications of Proptech solutions in urban development and its role in making smarter decisions to enhance investments and financial sustainability.
The summit will be accompanied by a real estate technology exhibition, in which local and international real estate and technology companies and platforms will review the latest real estate innovations and provide future visions for the sector in light of the rapid technological development, thus contributing to achieving the strategic vision of the real estate sector in Saudi Arabia in accordance with Vision 2030.
The summit will also highlight the applications of “Proptech” solutions in urban development and their role in making smarter decisions to enhance investments and financial sustainability. <In addition, the summit will host some of the most prominent real estate platforms, fintech companies, entrepreneurs, and experts, as well as consulting firms, training institutes, and developers. The event includes a number of launches and agreements that support the real estate technology sector, and the summit covers multiple topics, most notably: Real estate technology legislation, innovation and entrepreneurship, and the role of 3D printing technology in turning blueprints into reality.
The summit provides a platform for collaboration. <The summit provides a platform for collaboration with global entities and a gateway for startups and leading companies to showcase their innovative solutions and meet investors and venture capitalists, as the volume of investments in the "Proptech" market reached 42.13 billion US dollars during the year 42.13 billion US dollars in 2023, with the number of active investors increasing to 3347 investors and 2177 leading companies around the world. Riyadh, with its strategic geographical location connecting three continents and the strength of its real estate market, is an ideal springboard for global innovations in real estate technology, reinforcing the Kingdom's role as a leading center in this field.
