Lamudi event focuses on local real estate market

Updated 12 June 2014
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Lamudi event focuses on local real estate market

The biggest names in real estate in Saudi Arabia came together under one roof for an assembly hosted by leading property platform Lamudi, a company of the Middle East Internet Holding (MEIH).
More than 15 key figures from the property sector attended the event in Jeddah recently, including some of the most high-profile property players in the Kingdom.
Representatives from Ahmad Al-Obeikan Company for Investment and Real Estate Development, Al-Faqeeh, Century 21 Jeddah and Tawasul Properties were among those present.
The event was a chance for the leaders to network and share ideas on the local real estate market. Khalid Alali, country manager of Lamudi Saudi Arabia, gave a presentation to guests on the company’s local operations.
Lamudi’s Global Co-Founder and MD Kian Moini said: “The event was a resounding success. The fact that we had such an overwhelming response just goes to show the strength of the local property industry, which is one of the main reasons we launched here this year.
Saudi Arabia has one of the strongest and fastest growing e-Commerce sectors in the Middle East. All guests agreed that the future of real estate in the Kingdom will be online.
Sood Mohamad Alamri of Platinum Real Estate Company, said: "Lamudi entered the Saudi market after achievements in several foreign markets and it has established itself as a leader in a very short period of time.”
Country Manager for Lamudi Saudi Arabia Khalid Alali said: “One of the key enablers to our early success is a focus on localizing our operations. As a Saudi national I prioritize hiring Saudi women and men.”
The biggest real estate brands in the Kingdom have already chosen Lamudi as their property partner, including Bussma, Edarah, Salman Ben Saedan, Al Obaikan, Al Argan and Century 21 Jeddah, the company stated.


Bahri’s maritime solutions on show

Updated 20 February 2019
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Bahri’s maritime solutions on show

Saudi shipping company Bahri is demonstrating its commitment to advancing the growth of maritime industry and improving security in the logistics business at the International Defense Exhibition (IDEX) and Naval Defense and Maritime Security Exhibition (NAVDEX).

The events are being held under the patronage of Sheikh Khalifa bin Zayed Al-Nahyan, president of the UAE and supreme commander of the UAE Armed Forces in Abu Dhabi from Feb.17-21.

Khaled bin Hussain Biyari, assistant minister of defense — executive affairs; General Awwad Eid Al-Balawi, director general of Saudi Arabian Border Guards; and other officials visited Bahri’s booth during the events.

As part of its participation, Bahri is showcasing its maritime capabilities and innovation-driven solutions at the largest defense expo in the Middle East. The company is also highlighting its unmanned surface vessels (USVs) at its booth. Powered by MAP Pro technology, which transforms any vessel into an autonomous one, Bahri’s USVs are capable of numerous applications, including gathering data, surveillance and reconnaissance. In addition, the vessels offer significant cost savings and reduce human workload in high-risk operations. 

Bringing together more than 1,310 specialized companies from 62 countries, both events offer a strategic business platform for exhibitors to present their latest naval, maritime and coastal security technology, equipment and crafts, and explore partnership opportunities with local and international companies. 

Abdullah Aldubaikhi, CEO of Bahri, said: “Events such as IDEX and NAVDEX provide a unique opportunity to gather new insights into new security technologies that can help companies thrive in a safe and secure trade. With Saudi Arabia being at the forefront of efforts aimed at maintaining stability and security in the region, maritime security is a key focus area for the Kingdom.” 

Aldubaikhi added: “Bahri’s presence at IDEX and NAVDEX 2019 is part of our strategy to further strengthen our offerings to enhance the Kingdom’s maritime capabilities and support its transformation as the world’s leading logistics hub. The exhibition also provides us with an excellent platform to connect with our customers and explore new partnership opportunities that will further drive our ambitious expansion plans.”

Bahri Logistics, one of the five business units within Bahri and one of the top 10 breakbulk carriers in the world, operates six new state-of-the-art multipurpose vessels that are capable of carrying different types of cargo, including project, ro-ro, breakbulk, equipment, and container cargo.