Minister Al-Haqil sponsors the closing ceremony of the Cityscape Global Exhibition, which witnessed real estate deals worth more than 237 billion riyals.

Monday 08 June 2026
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His Excellency 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, sponsored the closing ceremony of the Cityscape Global Exhibition in Riyadh, which lasted for four days in Mulham in the capital, Riyadh, where it was announced that real estate transactions exceeded 237 billion riyals, amidst wide participation from major local and international companies. .

This year's edition witnessed a record attendance of more than 577 exhibitors, including 265 international exhibitors representing leading global companies in the fields of real estate development, urban planning, modern construction, and sustainability solutions, reflecting the Kingdom's growing status as a global hub for attracting future real estate investments. .

In a statement on this occasion, His Excellency Minister Majid Al-Hogail affirmed that the results achieved by the exhibition reflect the strength of the Saudi real estate sector and the development of its investment environment, saying :

The achievement of over 237 billion riyals in transactions during the exhibition underscores the reliability and attractiveness of the Saudi real estate sector, and the Kingdom's progress in developing the sector and its cities. This accomplishment reflects the integrated efforts between government entities and the private sector, and embodies the promising opportunities that the Kingdom offers to investors from both within and outside the country. .

His Excellency also expressed his gratitude to the organizers for the high quality of preparation and organization, and to the participating government agencies that contributed to the success of the event, praising the innovative experiences and models presented by local and international companies that support urban development goals and quality of life. .

His Excellency highlighted the wide variety of products showcased this year, ranging from residential and commercial real estate development projects to products from startups in the probiotics sector offering advanced digital solutions for asset management and urban planning, in addition to innovations in modern construction technologies. Financing entities also presented new solutions that enhance the ability of citizens and investors to own property, support market stability, and improve the sector's operational efficiency. This integration between developers, government agencies, technology companies, and financiers contributes to building a more mature and competitive real estate ecosystem. .

His Excellency the Minister explained that Cityscape is an international real estate event that reinforces the Kingdom's position in the future cities industry, indicating that the partnerships witnessed at the exhibition are an extension of the Kingdom's growing role in developing a more competitive and sustainable real estate sector. .

His Excellency Minister Majid Al-Hogail concluded his statement by emphasizing that work in the real estate sector is proceeding in accordance with the vision and directives of our wise leadership, which has provided full support to enable government agencies and the private sector to deliver everything that meets the aspirations of Saudi citizens and enhances the quality of life in cities. .

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