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Saudi Real Estate Forum to Discuss Innovations in the Sector

The Saudi capital, Riyadh (Asharq Al-Awsat)
The Saudi capital, Riyadh (Asharq Al-Awsat)
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Saudi Real Estate Forum to Discuss Innovations in the Sector

The Saudi capital, Riyadh (Asharq Al-Awsat)
The Saudi capital, Riyadh (Asharq Al-Awsat)

The sessions and activities of the Future of Real Estate 2024 Forum, which will be held in Riyadh on Jan. 22-24, will witness discussions on the real estate system and innovations in the sector.
300 speakers representing 85 countries from around the world will take part in the Forum.
The most important topics focus on innovations in the real estate industry, challenges facing the sector, new opportunities and emerging trends, and sustainable financing solutions, in addition to the impact of natural elements on the real estate industry, and the role of real estate in improving the quality of business.
The forum’s activities include strategies on the growth and sustainability of the real estate sector, the influence of technology on the future of real estate and technological developments, its impact on architectural creativity in cities and the enhancement of urban flexibility, the hidden wealth of cities and technical services in real estate, as well as the future of commercial real estate and its role in accelerating the growth of the real estate sector in general.
The third edition of the forum will witness the signing of many bilateral agreements and MoUs, covering various areas of real estate.
The real estate exhibition, which will be held on the sidelines of the forum, will highlight the role of local and international entities participating in the real estate sector, in addition to the work of relevant international consulting companies.

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Saudi Arabia Adopts Advanced Technologies for Road Sustainability, Logistics Efficiency

The acting CEO of the Saudi Roads Authority speaking to the audience during a panel discussion (Asharq Al-Awsat)
The acting CEO of the Saudi Roads Authority speaking to the audience during a panel discussion (Asharq Al-Awsat)
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Saudi Arabia Adopts Advanced Technologies for Road Sustainability, Logistics Efficiency

The acting CEO of the Saudi Roads Authority speaking to the audience during a panel discussion (Asharq Al-Awsat)
The acting CEO of the Saudi Roads Authority speaking to the audience during a panel discussion (Asharq Al-Awsat)

Badr Al-Dulami, CEO of the Saudi General Authority for Roads, announced that advanced technologies are being used to recycle road layers in Saudi Arabia. This has sped up maintenance by 40%, improved cost efficiency, and helped protect the environment.

Speaking at the “Supply Chain Conference” in Riyadh, Al-Dulami said Saudi Arabia's road network exceeds 500,000 kilometers, making it the top country in connectivity and the fourth-best in road quality among the G20 nations.

Al-Dulami also noted that the “Saudi Road Code” is designed to keep up with future changes, including performance-based maintenance contracts.

He highlighted key projects, such as the opening of the Eastern Interchange in Riyadh to reduce traffic and redirect trucks, and the Second Ring Road in Jeddah, which moves trucks outside the city to improve logistics flow.

Al-Dulami emphasized that safety, quality, and sustainability are key to transportation strategies, with a safe and high-quality road network being essential for a successful logistics system.

He also mentioned that the transportation and logistics strategy now focuses on these key areas. To support the growing demand, the authority introduced a system for issuing permits for transporting heavy loads.

Ahmed Al-Hassan, Assistant Minister of Transport and Logistics Services, highlighted that the ministry is focused on strategies to connect Saudi Arabia globally and increase its competitiveness, with a special emphasis on developing local talent to support Vision 2030.

On the second day of the conference, global experts gathered to discuss best practices for improving supply chain efficiency.

Mansour Al-Qahtani, from the Saudi Electricity Company, pointed out the role of artificial intelligence in improving data security and helping companies manage potential threats, boosting overall sector efficiency.