The Hail Chamber of Commerce and Industry, in cooperation with the General Authority for Real Estate, organized an introductory meeting on The Non-Saudis Ownership System and explained the executive regulations for real estate developers and those interested in real estate development.

The meeting aims to raise legal and regulatory awareness among investors and interested parties, and enhance the attractiveness of the investment environment in the real estate sector, in line with the level of real estate development. The meeting aims to raise legal and regulatory awareness among investors and interested parties, enhance the attractiveness of the investment environment in the real estate sector, in line with the objectives of the Kingdom's Vision 2030, clarify the statutory provisions related to the ownership of non-Saudis, and explain the mechanisms for implementing the executive regulations.

This workshop comes in line with the objectives of the Kingdom's Vision 2030, in addition to clarifying the statutory provisions related to the ownership of non-Saudis, and explaining the mechanisms for implementing the executive regulations. This workshop comes as part of a series of meetings and introductory programs implemented by the Hail Chamber in partnership with government agencies to support the real estate system and enhance awareness of regulatory procedures among investors and professionals in the sector.