The Kingdom of Saudi Arabia is hosting the 42nd Global Real Estate Leaders Summit (42Fiabci Global Leadership Summit) in December of this year in the capital, Riyadh.
The summit is the largest annual gathering that includes prominent real estate personalities, as well as CEOs of major real estate companies from all over the world, who talk about their experiences and expertise in developing the real estate sector.
The summit mainly focuses on topics dealing with the experience of the Saudi real estate sector, in light of the Kingdom's Vision 2030, and the successes achieved by the sector to date, which contribute to strengthening the goals of the vision.
The summit will witness the holding of a number of sessions, workshops, meetings and lectures, which deal with the challenges in the real estate industry as well as the available investment opportunities, and the role of leaders in creating pioneering ideas by discussing the best international practices and the mechanism of their application in the region. During the summit, a visit to the most prominent giant projects will also take place.
The Kingdom’s victory in hosting this global summit comes in light of the meeting of the World Real Estate Federation in Cannes, France, on March 15, 2023, with the participation of Ain Al Riyadh, the media partner of the international real estate event MIPIM, between March 14-17.
The global summit will host leaders, developers, investors, members of the World Real Estate Federation, and international speakers from more than 110 countries speaking 55 languages, to reveal their experiences by presenting the efforts made in developing the real estate system, as well as developing the capabilities of this industry in a number of global markets, and reviewing and exchanging local and global experiences and practices from In order to achieve the required objectives in the development of the real estate sector.
It is noteworthy that the World Real Estate Federation, which was established in 1951 in France, is the largest global federation in the real estate sector, with 1.5 million members from 70 countries. It adopts a comprehensive system concerned with comprehensive integration between the economic and social aspects and integration with the environmental aspect, while serving the development process. Sustainable, and in what also benefits all societies in which the federation works to implement its plans. The federation also works to apply an advanced model for the development of the real estate sector, which is a sustainable model in the competitiveness of the sector such as real estate technology, art and proptech, because it has a number of great opportunities.
Okaz (Riyadh)