عربي English Türkçe اردو فارسى
Logo
Latest News
Business

Saudi Real Estate Forum to Discuss Innovations in the Sector

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

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.

Most Viewed

 
 
Business

Saudi Entertainment Sector Continues to Attract More Visitors

An event during Riyadh Season 2024. SPA
An event during Riyadh Season 2024. SPA
TT
TT

Saudi Entertainment Sector Continues to Attract More Visitors

An event during Riyadh Season 2024. SPA
An event during Riyadh Season 2024. SPA

The entertainment sector in Saudi Arabia continues to attract more visitors to achieve the country's target of 150 million visitors annually by 2030.

The General Entertainment Authority announced last Friday that Riyadh Season 2024 has already welcomed over 12 million visitors since its launch on October 13 with a daily average of around 174,000 visitors.

The number of visitors to Riyadh Season 2024 has already exceeded half the total attendance of last year's season, which was 20 million visitors, with a daily average of about 150,000 visitors.

Chairman of the General Entertainment Authority Turki Alalshikh announced during a press conference for Riyadh Season 2024 that this year's edition will include 14 entertainment areas, 11 international tournaments, and 100 exhibitions and festivals.

Saudi Minister of Tourism Ahmed Al-Khatib revealed earlier this year that the country had achieved the goals of Vision 2030 by surpassing 100 million visitors. As a result, Crown Prince Mohammed bin Salman’s new strategy was set to reach 150 million visitors.

In September, the International Monetary Fund (IMF) highlighted Saudi Arabia’s tourism sector as a major contributor to the country’s economic diversification.
An IMF report acknowledged Saudi Arabia’s success in exceeding the Vision 2030 target of attracting 100 million visitors annually by 2023, seven years ahead of schedule. Tourism revenues reached $36 billion in 2023, with net tourism income increasing by 38%. The sector’s direct and indirect contribution to GDP reached 11.5% in 2023, with expectations to grow to 16% by 2034.