Latest news with #HousingProgram
Gulf Insider
5 hours ago
- Business
- Gulf Insider
Riyadh to Host Cityscape Global 2025 Expo
Riyadh will welcome the world's largest real estate exhibition, Cityscape Global, from November 17–20, 2025 at the Exhibition and Convention Centre in Malham. Under the banner 'The Future of Urban Living,' the event is co-sponsored by the Ministry of Municipalities and Housing, the Real Estate General Authority (REGA), and the Housing Program (a Vision 2030 initiative), and organised by Tahaluf. It follows rising interest in the Saudi real estate sector and deals worth more than $61bn at the expo last year. Projected footfall: More than 172,000 delegates spanning the entire real estate value chain More than 172,000 delegates spanning the entire real estate value chain Exhibitors and speakers: More than 450 exhibitors and 500 industry-leading speakers More than 450 exhibitors and 500 industry-leading speakers International delegates: More than 20,000 in 2024 from 121 countries and over 70 international developers showcased last year Minister of Municipalities and Housing Majed Al-Hogail stated: 'The 2025 edition of Cityscape Global represents a significant opportunity to forge new partnerships and strengthen collaboration as we pursue the ambitious objectives of Vision 2030. 'This exhibition plays a crucial role in supporting our efforts to develop integrated urban communities, improve the quality of life for citizens and residents, and drive sustainable economic growth.' Cityscape Global has become a barometer of Saudi Arabia's rapid urban transformation and its Vision 2030 objectives. The 2025 edition will: Forge new partnerships: Dedicated VIP networking streams for institutional investors and global developers Drive innovation: The Future of Living Summit spotlights AI, PropTech, and sustainable urban design in smarter cities Bridge disciplines: The DnA (Developers & Architects) Stage offers hands-on insights into human-centric planning, sustainable retrofits, and cutting-edge construction techniques Empower startups: The Innovation Arena hosts the Cityscape Innovation Challenge and Future Leaders Hackathon, showcasing next-gen real estate technologies Chairman of the Saudi Federation for Cybersecurity, Programming and Drones and a founding partner of Tahaluf Faisal Al-Khamisi said: 'This year, we aim to leverage the outstanding successes achieved by Cityscape Global in its previous editions. 'Particularly what was recorded in 2024 in terms of the value of transactions and the increase in global participation, with the total deals exceeding the value of $61bn, and participating countries reaching 121; reflecting the growing global significance of this exhibition, which continues to establish its international presence as one of the most important platforms for conducting real estate business deals in this sector.' ESTAAD, co-located with Cityscape Global, connects the entire sports and entertainment infrastructure ecosystem, providing an opportunity to gain insights from sports federations, expo organizers, Olympic committees, celebrity athletes, top architects, and venue operators. The third edition features impressive international participation, with prominent countries including the United States, China, India, the United Kingdom, Italy, the UAE, Qatar, and Jordan. Also Read: Saudi Ministry Of Hajj And Umrah Announces Fines And Suspensions
Mid East Info
2 days ago
- Business
- Mid East Info
Cityscape Global Returns to Riyadh in November 2025 - Middle East Business News and Information
Cityscape Global 2025 set to attract institutional investors with access to over $5 trillion in capital This year Cityscape Global will feature 450+ world-class exhibitors, 500 speakers, 4 conferences, and 2 VIP programmes for institutional investors and international developers ESTAAD, Saudi Arabia's first dedicated platform uniting the full international stadiums, sports, and entertainment ecosystem, will be co-located at Cityscape Global 2025 Riyadh, Saudi Arabia – July 2025: Cityscape Global, will return to the Exhibition and Convention Centre in Malham, Riyadh, from 17 – 20 November 2025. Held under the theme 'The Future of Urban Living', the event is sponsored by the Ministry of Municipalities and Housing (MOMAH) in partnership with the Real Estate General Authority (REGA), Vision 2030, the Housing Program, and organised by Tahaluf. This year, the world's largest real estate event will once again bring together over 172,000 participants across the whole real estate value chain – from developers and architects to institutional investors, technology providers, and policymakers. While Cityscape Global is renowned for showcasing the scale and ambition of Saudi Arabia's real estate transformation, it also has a global dimension, with more than 70 international developers and over 20,000 international attendees represented at last year's show. Notably, 2025 will also see the co-location of ESTAAD, Saudi Arabia's first platform dedicated to the entire international ecosystem behind stadiums, sports, and mega-event infrastructure. This year's edition, therefore, promises to be the largest and most impactful yet, featuring over 450 world-class exhibitors, 500 speakers, four curated conferences, and two VIP networking programmes for institutional investors and international developers. H.E. Majed bin Abdullah bin Hamad Al-Hogail, Minister of Municipalities and Housing, stated: 'The 2025 edition of Cityscape Global, set to take place this November, represents a significant opportunity to forge new partnerships and strengthen collaboration as we pursue the ambitious objectives of Vision 2030. This exhibition plays a crucial role in supporting our efforts to develop integrated urban communities, improve the quality of life for citizens and residents, and drive sustainable economic growth. We welcome stakeholders from across the real estate value chain—both locally and globally—to join us in shaping the future of living, here in Saudi Arabia and beyond.' Faisal Al-khamissi, Chairman of the Saudi Federation for Cybersecurity, Programming and Drones and a founding partner of Tahaluf, said: 'This year, we aim to leverage the outstanding successes achieved by Cityscape Global in its previous editions, particularly what was recorded in 2024 in terms of the value of transactions and the increase in global participation, with the total deals exceeding the value of $61 billion, and participating countries reaching 121; reflecting the growing global significance of this exhibition, which continues to establish its international presence as one of the most important platforms for conducting real estate business deals in this sector.' He emphasized the organizers' commitment to achieving further successes in the 2025 edition and providing more distinguished events to continue contributing to shaping the future of the global real estate sector, which enhances the Kingdom's leadership and its prominent role in leading developmental pathways across various sectors, hosting and organizing international conferences and major global events. This year, Cityscape Global will include: Where decisions that shape smarter cities happen. Bringing together ministers, mayors, billion-dollar developers, and leading investors. The programme will provide an overview of federal strategies, reveal insights into the world's most ambitious developments, and explore the latest in AI, PropTech, and sustainable urban design. DnA (Developers & Architects) Stage: The DnA Stage is the premier platform connecting award-winning urban planners, top architecture firms, facility managers, and ESG experts with the region's leading developers. Focused on practical insights, the programme will define the DNA of cities through human-centric planning, sustainable retrofits, and advanced construction solutions. The Innovation Arena provides an opportunity for startups to showcase the latest tech innovations in real estate at the Cityscape Innovation Challenge and connect with the next wave of architects at the Future Leaders Hackathon. This stage will also provide up to date market information on homeownership and mortgages in Saudi Arabia. ESTAAD co-located with Cityscape Global connects the entire sports and entertainment infrastructure ecosystem, providing an opportunity to gain insights from sports federations, expo organisers, Olympic committees, celebrity athletes, top architects, and venue operators. Cityscape Global to host world's real estate leaders: Notable global real estate leaders speaking at Cityscape Global 2025 include: Sally Capp, Former Mayor of Melbourne Darren Bechtel, Founder & Managing Director Brick & Mortar Ventures – the largest ConTech VC globally Stefano Boeri, Acclaimed Architect and Creator of Bosco Verticale Mitchell Silver, Former New York City Parks Commissioner Anil Erdem, Managing Director, BentallGreenOak In addition, November's event brings together world-class exhibitors, who will showcase their real estate and lifestyle projects to global investors, top industry influencers and decision-makers who are driving innovation and shaping the future of real estate. USA, China, India, UK, Italy, UAE, Qatar and Jordan make up just some of the international countries with real estate representation at this year's Cityscape Global. Brands such as Qatari Diar Real Estate Investment Company, Hovnanian Real Estate, BID 3D Models LLC, Jordan Gate for Real Estate, Commercial & Tourism Investment Co., Dongying Yiheng New Building Materials Co., Ltd., Iris Ceramica Group, JLL and Property Automate have also confirmed their attendance. Cityscape Global showcases Saudi Arabia's ambitious portfolio of giga and mega projects, highlighting the Kingdom's groundbreaking innovations and transformative urban development initiatives. Jerry Inzerillo, Group CEO, Diriyah Company, explained: 'Diriyah Company is building one of the world's most unique contemporary urban developments – The City of Earth. Our goal is to uplift the quality of life for over 100,000 residents, creating a hub for entertainment, education, and work. Offering residents and visitors iconic experiences such as the Royal Diriyah Opera House and numerous other hospitality, retail & entertainment assets. At Cityscape Global in 2024, we successfully launched the 'Signature Collection of The Ritz-Carlton Residences Diriyah' and the 'Raffles Residences Diriyah', which were extremely well received by the marketplace, and in 2025 we are looking to realize even more successes.' In addition, renowned developers such as Ajdan, Ajlan & Bros, Ajlan Riviera, Al Basateen, Al Majdiah, Al Othaim, Abdulrahman Saad AlRashed and Sons Co., Dar wa Emaar, Mohammed Al Habib, Osool, OSUS, Rafal, Retal, and Zood are committed Diamond Partners to Cityscape Global. They will showcase various cutting-edge projects, which are shaping the future of real estate innovation. About Cityscape Global and Tahaluf: Cityscape Global is organised by Tahaluf, a joint venture partnership between Informa PLC, the world's largest trade show organiser, the Saudi Federation for Cybersecurity, Programming and Drones (SAFCSP), and Events Investment Fund (EIF). Sela, the Saudi-owned event production company renowned for its creation of spectacular event experiences, intends to join the joint venture in the near future. Amid vast ongoing urban development across the Kingdom, Cityscape Global in Saudi Arabia provides architects, urban planning specialists, consultants, and representatives of investment agencies, economic agencies, and cities with abundant opportunities to discuss the most recent advancements in the MENA and global real estate industry. Cityscape Global also provides local, regional, and international businesses with a high-profile platform to showcase their projects and services to visitors from all over the world, while also forging new multinational collaborations.
Trade Arabia
22-05-2025
- Business
- Trade Arabia
Saudi NHC launches premium real estate projects in Tabuk
Saudi National Housing Company (NHC) has announced the signing of key agreements with leading developers for the launch of Tabuk Hills as well as the second phase of Tabuk Valley, the newest urban destinations in the Kingdom of Saudi Arabia. It was launched by Tabuk Region Governor Prince Fahd bin Sultan bin Abdulaziz in the presence of senior Saudi officials. The event, held in the presence of Deputy Governor Prince Khalid bin Saud bin Abdullah bin Faisal bin Abdulaziz and NHC Chief Executive Mohammed Al Buty, witnessed the signing of six real-estate development agreements for several projects in the new destinations, said the company in a statement. The step embodies the partnership between the public and private sectors in supporting the goals of the Housing Program, one of the programs of Saudi Vision 2030, which aims to raise the rate of home ownership to 70%, it added. -TradeArabia News Service
Leaders
16-05-2025
- Business
- Leaders
NHC Signs MoU with K. Hovnanian ME to Develop Urban Projects
The National Housing Company (NHC) has entered into a memorandum of understanding (MoU) with K. Hovnanian ME to jointly develop a range of residential and commercial projects across NHC's urban developments. The agreement was signed during the Saudi-US Investment Forum in Riyadh. The Memorandum of Understanding was signed by NHC CEO Mohammed bin Saleh Albuty and Tyler Lewis of K. Hovnanian ME. Additionally, this partnership stems from an official visit to the United States by Minister of Municipal and Rural Affairs and Housing Majed Al-Hogail, highlighting the strengthening investment relations and growing collaboration between the two countries. The MoU is designed to strengthen cooperation, attract foreign investment, and ensure the delivery of high-quality, internationally benchmarked real estate developments. It also supports the objectives of the Housing Program under Saudi Vision 2030 by offering integrated housing solutions aimed at enhancing residents' quality of life. Hovnanian, one of the largest real estate developers in the United States, brings extensive experience in creating residential communities. Related Topics : KSrelief Supervisor-General Meets UNHCR Deputy High Commissioner NHC Establishes Innovative Tech Firm to Transform Real Estate Saudi Health Minister Signs MoU with Chinese Counterpart to Enhance Collaboration Global Logistics Forum 2024 in Riyadh: Reshaping Global Trade Map Short link : Post Views: 13 Related Stories
Arab News
03-05-2025
- Business
- Arab News
Crown prince fuels housing vision with SR1bn support
In a historic initiative to promote homeownership among Saudi citizens, especially those with the greatest need and lowest incomes, Crown Prince Mohammed bin Salman has donated SR1 billion ($266.6 million) to the National Development Housing Foundation, known as Sakan, via the Jood Eskan platform. With a vision rooted in generosity and national pride, the crown prince has mandated that all housing projects funded by this donation be completed within 12 months, using national companies for implementation. He has also emphasized transparency and accountability through monthly progress reports, showcasing his commitment to swiftly delivering housing to deserving families. The initiative aims to uplift thousands of citizens, ensuring them a dignified life and reinforcing social stability, while reflecting his broader dedication to sustainable development and inclusive growth in the Kingdom. The donation will significantly strengthen Sakan, accelerating the delivery of homes to eligible citizens, building on the 47,000 homes already provided. The crown prince's SR1 billion donation underscores a commitment to expanding homeownership and ensuring greater access to affordable housing for Saudi families It will also support the Saudi government's housing efforts, advancing homeownership opportunities for citizens and helping to meet the ambitious goal of 70 percent homeownership by 2030. Before the Housing Program launched in 2018, Saudi families waited up to 15 years for housing support. Now, thanks to government initiatives, homeownership can be secured instantly, transforming access to housing and improving quality of life. By improving access to financial support, simplifying procedures and digitizing documentation, homeownership surged from 47 percent to more than 65.4 percent by 2024, surpassing the interim target set within Saudi Arabia's Vision 2030. This achievement reflects the success of government efforts, particularly through programs such as Sakani and the Real Estate Development Fund, in providing housing and financing solutions for citizens. This donation aligns with the crown prince's recent directive to stabilize the real estate market, directly supporting the government's strategy to increase housing supply and regulate property prices for greater affordability. The crown prince's SR1 billion donation underscores a commitment to expanding homeownership and ensuring greater access to affordable housing for Saudi families. By reinforcing efforts to boost housing supply and stabilize real estate prices, the initiative paves the way for a sustainable, inclusive and thriving housing sector for future generations. The crown prince's donation reflects his dedication to ensuring citizens enjoy dignified lives. It stands as a testament to his deep commitment to the housing sector, particularly initiatives that support deserving families, foster social stability and promote long-term development. • Talat Zaki Hafiz is an economist and financial analyst. X: @TalatHafiz
