Over SAR 237B deals sealed in Cityscape: Al-Hogail

Majid Al-Hogail, Minister of Municipalities and Housing and Chairman of the Real Estate General Authority (REGA), said that Cityscape demonstrated the strength of the Saudi real estate sector and the progress of its investment environment, as more than SAR 237 billion in deals were concluded during the exhibition.

These positive results underscore the reliability and attractiveness of Saudi Arabia’s real estate sector and align with the Kingdom’s trajectory in developing the industry and expanding its cities. He noted that the achievement reflects the combined effort of government entities and the private sector and highlights the promising opportunities available to both domestic and international investors.

This year’s event showcased a wide range of offerings — from residential and commercial development projects to proptech start-ups providing advanced digital solutions in asset management and urban planning, as well as new innovations in modern construction technologies.

Al-Hogail stressed that progress in the real estate sector is guided by the leadership’s vision and support, which has enabled both public and private stakeholders to deliver products that meet citizens’ expectations and enhance quality of life across Saudi cities.