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Saudi Arabia to Host Real Estate Exhibition with Participants from 170 Countries

Visitors attend Cityscape Jeddah during a past edition of the exhibition. (SPA)
Visitors attend Cityscape Jeddah during a past edition of the exhibition. (SPA)
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Saudi Arabia to Host Real Estate Exhibition with Participants from 170 Countries

Visitors attend Cityscape Jeddah during a past edition of the exhibition. (SPA)
Visitors attend Cityscape Jeddah during a past edition of the exhibition. (SPA)

Riyadh will host the Cityscape Global exhibition from September 10 to 13.

Held under the theme “The Future of Living”, the exhibition will be sponsored by the Saudi Ministry of Municipal, Rural Affairs, and Housing and is organized by Tahaluf.

The event will gather homebuyers, property experts, designers, and real estate developers from around the world at the Riyadh International Convention and Exhibition Center.

Visitors from more than 170 countries are expected to attend, including 2,000 investors.

More than 350 exhibitors will showcase their offerings, while over 250 speakers will share insights and experiences throughout over 250 hours of sessions.

Cityscape Global showcases the best international practices in future development and construction techniques. In addition, it sheds light on the real estate legislation system.

Cityscape Global will showcase high-profile and giga projects throughout the Kingdom under one roof, such as Kuzam, Al Fursan, and Sadayem Suburbs by the National Housing Company, NEOM, Roshn, Jeddah Central Development Company, AlUla, Masar Destination, as well as local and international projects across 24 countries in the presence of the Real Estate General Authority as a regulation partner, the Ministry of Investment as an investment partner, and Tourism Development Fund as a strategic partner, and BIM Ventures as PropTech zone partner.

"We are thrilled to be hosting Cityscape Global in Riyadh, the largest real estate exhibition in the world, within which the most significant major projects under the umbrella of Vision 2030 are participating, along with quality projects from 24 countries," said Minister of Municipal, Rural Affairs, and Housing Majid Al-Hogail.

Visitors of Cityscape Global can attend seminars in the NEOM Future of Living Summit, the Real Estate Institutional Investor Forum, the Property Portfolio Forum, the PropTech stage, and the Design and Architecture area.

The event will also feature Cityscape Innovation Challenge, which allows start-ups to pitch their ideas toward creating a more innovative future, and the Cityscape Global ROSHN Hackathon, which creates competition to find qualitative solutions in the sector.

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Euro Zone Yields Fall after Iran Raises Prospect of Hormuz Reopening

Euro banknotes (Reuters)
Euro banknotes (Reuters)
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Euro Zone Yields Fall after Iran Raises Prospect of Hormuz Reopening

Euro banknotes (Reuters)
Euro banknotes (Reuters)

Euro zone bond yields fell for a second straight day on Tuesday, hitting their lowest in almost two weeks after Iran raised the prospect of reopening the Strait of Hormuz and Washington hinted it could restart talks with Tehran, pushing oil prices lower.

Germany's 10-year bond yield, the benchmark for the bloc, fell 1 basis point to 3.44% after rising as much as 4 bps earlier in the session. It fell 7 bps on Monday as energy prices retreated.

A senior Iranian official told Reuters that the strait, which carried about a fifth of global energy supplies before the war, could reopen within seven days if the US also lifts its blockade of Iranian ports.

The official added that Iran's delegation to a UN meeting in New York this week has full authority to revive diplomacy over the conflict.

US Secretary of State Marco Rubio told NBC's "Today" show that Washington was open to speaking with Tehran.

The dip in energy prices helped pull yields lower globally after a surge in recent weeks fuelled by expectations of further interest-rate hikes to combat energy-driven inflation. Traders are pricing in around 35 bps of additional European Central Bank tightening this year, down from 40 bps on Friday.

Germany's two-year bond yield, which is sensitive to interest-rate expectations, fell 1 bp to 3.19%, following a 6-bp drop on Monday.

Rabobank senior rates strategist Lyn Graham-Taylor said lower oil prices following the Iranian comments were weighing on bond yields.

Brent crude futures were last down 1% to $100 a barrel after earlier falling to $97.40, the lowest in two weeks.

Business

Libya's NOC Says Sharara Crude Pipeline Closure Losses at 130,000 bpd

General view of the Sharara oil field in Libya (Reuters)
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Libya's NOC Says Sharara Crude Pipeline Closure Losses at 130,000 bpd

General view of the Sharara oil field in Libya (Reuters)

Libya's National Oil Corporation said on Tuesday that the Sharara-Zawiya crude loading pipeline closure has led to daily losses of about 130,000 barrels per day, Reuters reported.

An armed military group closed valve seven on the Sharara crude pipeline to Zawiya port on Monday, resulting in a significant decline in production at the Sharara oilfield, the National Oil Corporation said in a statement.

 

 

 

 

Business

Sources: Saudi Arabia Restarts East-West Oil Pipeline

FILE PHOTO: A model of an oil pump is seen in front of a Saudi Arabian flag in this illustration taken January 9, 2026. REUTERS/Dado Ruvic/Illustration/File Photo
FILE PHOTO: A model of an oil pump is seen in front of a Saudi Arabian flag in this illustration taken January 9, 2026. REUTERS/Dado Ruvic/Illustration/File Photo
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Sources: Saudi Arabia Restarts East-West Oil Pipeline

FILE PHOTO: A model of an oil pump is seen in front of a Saudi Arabian flag in this illustration taken January 9, 2026. REUTERS/Dado Ruvic/Illustration/File Photo
FILE PHOTO: A model of an oil pump is seen in front of a Saudi Arabian flag in this illustration taken January 9, 2026. REUTERS/Dado Ruvic/Illustration/File Photo

Saudi Arabia has restarted operations at its East-West Pipeline and could resume exports from the Red Sea port of Yanbu later on Tuesday, three sources briefed on the matter said.

Drone attacks forced Saudi Arabia to shut its East-West Pipeline on September 13, halting crude loadings at the kingdom's Yanbu port.

The resumption of supplies on Tuesday helped to drive selling on global oil markets, traders said. Brent crude futures fell by more than $2 a barrel to its lowest since September 8.

Two trading sources said traders were getting ready for Saudi oil loadings by moving tankers to Egypt's Mediterranean Port Said for ship-to-ship transfers and also to Sidi Kerir.