Taysir Al-Mufarraj, spokesperson for the General Real Estate Authority, said, \"The real estate sector\u2019s contribution to GDP was 5.9%, according to statistics for the fourth quarter of last year, 2023, and the contribution of real estate activities to non-oil activities within GDP was 12.1%.\"<\/p>\n
Al-Mufarraj added during his speech at the opening of \u00a0Saudi Real Estate Development and Ownership Exhibition \u201cSIREDO 2024\u201d<\/a>that <\/strong>To date, the General Real Estate Authority has issued more than 18 real estate laws, including real estate regulations, implementing regulations, and other rules and regulations. This volume of legislation in just a few years reflects, on the one hand, the wise leadership\u2019s commitment to developing the real estate sector and, on the other hand, the the Authority\u2019s commitment to improving the sector\u2019s governance on the other.<\/p>\n He emphasized that the Authority continues to work with its partners in the real estate sector\u2014ranging from government agencies and the private sector to individual practitioners and businesses, and ultimately the end user\u2014through real estate legislation, with the aim of transforming the real estate sector into a dynamic and attractive sector characterized by trust and innovation, thereby strengthening the Kingdom\u2019s leadership and economy at the regional and international levels. and seeks\u00a0Ceredo 2024<\/a><\/strong>\u00a0This year's edition includes a number of workshops and seminars, most notably the Art of Negotiation seminar for real estate brokers, as well as a workshop on understanding real estate market developments and analyzing trends, in addition to a seminar on the importance of the national address in developing the real estate sector, as well as a seminar on the world of geospatial data to build new horizons in real estate, in addition to a workshop on auction professionalism, entrepreneurship and innovation in the real estate market, and finally real estate funds and their impact.<\/p>\n The four-day exhibition is attended by major companies investing in\u00a0Real estate sector<\/a><\/strong>To showcase real estate development products, which is one of the promising sectors with a great return on national development, in addition to being an environment for more partnerships and exploring promising opportunities in this field.<\/p>","protected":false},"excerpt":{"rendered":" Reading time: <\/span> 2<\/span> Minutes<\/span><\/span>Taysir Al-Mufarraj, spokesperson for the General Real Estate Authority, said, that the real estate sector\u2019s contribution to GDP was 5.91% according to statistics from the fourth quarter of 2023, and that the contribution of real estate activities to non-oil GDP reached 12.1%. Al-Mufarraj added during his speech at the opening of the Saudi Real Estate Development and Ownership Exhibition \u201cSIREDO 2024\u201d that the General Real Estate Authority has launched to date more \u2026 Read more<\/a><\/p>","protected":false},"author":27,"featured_media":60924,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"0","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","_seopress_news_disabled":"","_seopress_video_disabled":"","_seopress_video":[],"_seopress_pro_schemas_manual":[],"_seopress_pro_rich_snippets_disable_all":"","_seopress_pro_rich_snippets_disable":[],"_seopress_pro_schemas":[],"footnotes":""},"categories":[7791],"tags":[],"class_list":["post-65541","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national-strategy"],"acf":{"amlak_post_excerpt":"\u0627\u0644\u0645\u0641\u0631\u062c 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\nOn Tuesday afternoon, in the province of Jeddah, the events began\u00a0Saudi Real Estate Development and Ownership Exhibition \u201cSIREDO 2024\u201d<\/a><\/strong>, with the participation of a number of relevant government agencies, as well as a select group of real estate developers, financial institutions, and experts and specialists in the real estate and investment sectors; with the aim of providing knowledge and insights to professionals in the real estate sector through interactive workshops and the exchange of expertise.<\/p>\n