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Real Estate General Authority (REGA) · Press Release

REGA Chairman: Saudi Real Estate Sector is Fertile Ground for Bold Investments

رئيس الهيئة العامة للعقار: القطاع العقاري السعودي بيئة خصبة للاستثمارات الجريئة

No action neededAwareness

At the opening of the fourth edition of the Future Real Estate Forum, REGA CEO Eng. Abdullah bin Saud Al-Hammad stated that the Saudi real estate sector offers fertile ground for bold investment, noting that 43% of the sector's workforce is aged 18-34. He said the sector's contribution to GDP reached 12%, and more than 1,131 licenses for foreign real estate investments were issued during the third quarter of 2024. He added that through the forum, REGA aims to chart a roadmap for ambitious visions by encouraging exchange of ideas and expertise.

PublishedJanuary 27, 2025
Effective
GazetteNot gazetted
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