BROWSE THROUGH OUR TRADE FAIRS IN RIYADH, SAUDI ARABIA FOR REAL ESTATE INDUSTRY

The Kingdom of Saudi Arabia is one of the central and leading countries in the Global and MENA real estate industries. This is due to the state featuring a relatively extensive and high-value segment. For example, it features, in recent years, more than 5 100 enterprises. They range from SMEs to extensive corporations. They employ around 90 300 specialists and undertake more than 8 100 transactions annually. It resulted in the value of the Saudi Arabian real estate industry reaching approximately 64 430 000 000 USD or around 241 773 962 000 Saudi riyals in recent years. It equates to around 9.4% of the country’s non-oil gross domestic product. In addition, it is forecast to continue its progress in the upcoming years at a CAGR of 7.89%. Its emphasis on research and investment is one of the leading causes of its growth development. For example, it is anticipated to reach a real estate financing value of over 100 000 000 000 Saudi riyals. Developing real estate projects, portfolios, and innovations receive a significant percentage of such funds. Generally, the Saudi Arabian real estate industry presents its latest wares during trade expos. It includes annual events in various cities of the country. They attract up to tens of thousands of attendees.