Al-Hammad added, "We believe that technology is one of the most important tools that will lead the real estate sector to growth and sustainability, raise its efficiency and effectiveness, and enhance its role in diversifying non-oil sources of income. "We believe that technology is one of the most important tools that will lead the real estate sector to growth and sustainability, raise its efficiency and effectiveness, and enhance its role in diversifying non-oil sources of income.“
Hammad added.
The Chairman of the Real Estate Authority continued in his speech: ”Today we are launching the Saudi Proptech Sph Center to be a primary channel for innovation in real estate technologies, and a major engine that drives innovation in the real estate sector.“
He explained that real estate technology will lead the real estate sector to growth and sustainability, increase its efficiency and effectiveness, and enhance its role in diversifying oil income. <He explained that real estate technology is a wide horizon, the growth of which is supported by all scientific research and innovation strategies, digital transformation and information technology strategies, and the development of real estate legislation and regulations. <He explained that the Authority is working to enhance competitiveness in the fields of proptech, and we will work with our partners in government agencies and the private sector to make our real estate sector a leader in real estate digital transformation processes at the regional and international levels. He noted that the Global Proptech Summit comes as one of the most important initiatives of the “Saudi Proptech Center Sph” to bring together leading experts, major investors, venture capitalists who adopt inspiring ideas, entrepreneurs, and startups in the field of real estate technologies.
The Global Proptech Summit will be hosted by the Saudi capital.
The Saudi capital, Riyadh, will host the Global Proptech Summit, organized by Public Authority for Real Estate under the patronage of His Excellency the Minister of Municipalities and Housing, Mr. Majid bin Abdullah Al-Hogail, 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 their role in making smarter decisions to enhance investments and financial sustainability.
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.
