<Housing Minister Majid bin Abdullah Al-Hogail stressed the need to establish the data and information center for housing, which the ministry intends to establish, including an integrated database on the sector suffering from a lack of accurate information about it, as it aims to give real indicators for the housing market that contribute to the maturity of the market and serve all its parties from citizens, the private sector and investors, and renewed the ministry's support for the developer sector and stimulating them through the developer services center, in addition to the regulation of off-plan sales, and Al-Hogail indicated the ministry's efforts in creating investment arms to contribute to the service of the sector, in addition to activating the owners' councils system that aims to organize the management of real estate <As for the budget for the fiscal year 37-1438 AH, Al-Hogail emphasized that the state's general budget proved that the Saudi economy, thanks to God Almighty and then thanks to the wise policies of the wise leadership, has the potential to overcome economic challenges of all kinds, including the significant decline in oil prices in the global markets and the lack of stability in some countries. The Minister of Housing explained that the speech of the Custodian of the Two Holy Mosques King Salman Abdulaziz Al Saud - may God protect him - on the budget carried many contents aimed at the renaissance of the homeland and the citizen, working on comprehensive economic reforms, and emphasizing that spending on development projects and infrastructure projects will continue with priority given to approved projects, taking into account the interest in human development and developing the system of services to provide health, education, social welfare, housing and other services and facilitate them for citizens.

Haqeel appreciated the great decline in oil prices in the global markets and the lack of stability in some countries. Al-Haqeel praised the state's interest in the housing sector, which has received the attention of the Custodian of the Two Holy Mosques, who stressed the need to develop urgent solutions that enable citizens to obtain suitable housing, according to multiple options and high quality, while the previously adopted decisions had a prominent role in the development of this important sector, the latest of which is the approval of fees on white lands, which would contribute to achieving the ministry's objectives, which include creating a market that balances between supply and demand.

Haqeel also praised the ministry's efforts to achieve the objectives of the ministry, which include creating a market that balances between supply and demand.