The Minister of Municipalities and Housing and Chairman of the Board of Directors of the General Authority for Real Estate, Mr. Majid bin Abdullah Al-Hogail, in the presence of the CEO of the General Authority for Real Estate, Engineer Abdullah bin Saud Al-Hammad, witnessed the signing of a number of cooperation agreements between the Saudi Real Estate Institute and a group of major banks in the financial sector, during the Global Proptech Summit 2025 in the capital, Riyadh.
Details of the agreements
The agreements signed with SABB First Bank, Riyad Bank, Riyad Bank, Al Jazira Bank, and Bank Albilad include strengthening cooperation between the real estate and financial sectors in qualifying and developing national cadres, with the aim of raising the efficiency of the real estate market and empowering those working in the fields of finance and real estate brokerage.
These agreements also aim to support the digital transformation in real estate services, in line with the highest standards of professionalism and transparency, in a step that supports the achievement of the objectives of the comprehensive strategy for the real estate sector.
The Saudi Real Estate Institute emphasized the importance of the real estate and financial sectors in qualifying and developing national cadres. The Saudi Real Estate Institute confirmed that the areas of cooperation include providing accredited and specialized programs in financing, investment and real estate asset management, in addition to developing joint training portfolios.
The agreements also include the provision of accredited and specialized programs in finance, investment and real estate asset management. The agreements also include providing programs accredited by the General Authority for Real Estate through the Saudi Real Estate Institute, as well as granting professional and qualification certificates to trainees according to professional accreditation standards, in addition to exchanging experiences between the two parties and evaluating the outputs to ensure that the desired professional impact is achieved.
Objectives of the Saudi Real Estate Institute
The Saudi Real Estate Institute aims to raise the efficiency of workers in the real estate sector through specialized training programs and accredited professional certificates, which contributes to the development of human capital and the empowerment of national competencies.
The institute also supports the achievement of the objectives of the Kingdom's Vision 2030, by promoting professionalism and professionalism in the Saudi real estate market and supporting it towards transformation into a developed and sustainable real estate sector.
