Saudi real estate showcase at Dubai property show

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The exhibition offers a chance to showcase projects, network with industry leaders, and share experiences. (SPA)
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The exhibition offers a chance to showcase projects, network with industry leaders, and share experiences. (SPA)
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The exhibition offers a chance to showcase projects, network with industry leaders, and share experiences. (SPA)
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The exhibition offers a chance to showcase projects, network with industry leaders, and share experiences. (SPA)
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The exhibition offers a chance to showcase projects, network with industry leaders, and share experiences. (SPA)
Updated 02 April 2019

Saudi real estate showcase at Dubai property show

  • This year’s event attracted 131 exhibitors from 143 countries and more than 20,000 visitors from around the world

RIYADH: The Saudi Ministry of Housing’s pavilion proved a popular attraction at the second International Property Show Dubai.
Real estate professionals, investors and developers from around the world who stopped by were given information about the selling-on-the-map model in Saudi Arabia and the most prominent current and future projects.
On the sidelines of the exhibition, Mohammed Al-Ghazwani, the ministry’s general supervisor of real estate development, met a Moroccan delegation led by Fatna Lkhiyel, the secretary of state to the minister of national planning, town planning, housing and urban policy, responsible for housing. They discussed joint cooperation and investment opportunities to support the housing sector, help develop it and enable citizens to own high-quality homes.
The International Property Show Dubai was launched in April 2018 by the Dubai Land Department. The exhibition offers a chance to showcase projects, network with industry leaders, and share experiences. This year’s event attracted 131 exhibitors from 143 countries and more than 20,000 visitors from around the world, 51 percent of whom were investors.

 


Saudi Arabia, Russia sign agreements during Vladimir Putin visit to Riyadh

Updated 14 October 2019

Saudi Arabia, Russia sign agreements during Vladimir Putin visit to Riyadh

  • King Salman, Crown Prince Mohammed bin Salman welcome Russian leader at Al-Yamamah Palace
  • 20 deals of cooperation were signed between the two countries

DUBAI: Russian President Vladimir Putin arrived in Riyadh on Monday on his first visit since 2007, and was welcomed to Al-Yamamah Palace by Saudi King Salman as well as Crown Prince Mohammed bin Salman.

Riyadh Governor Prince Faisal bin Bandar earlier personally welcomed the Russian leader as he disembarked from his aircraft at King Khalid International Airport.

An official welcoming ceremony was held in honor of Putin and various agreements were signed between the governments of Saudi Arabia and Russia including an oil cooperation pact.

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READ MORE: Dedicated Arab News ‘Putin in Saudi Arabia’ spotlight

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Some 20 agreements were signed between the two countries, in a ceremony overseen by the king, crown prince, Putin and Russian foreign minister Sergei Lavrov.

Russian sovereign wealth fund RDIF and Saudi Arabia's SALIC signed an agreement to team up in searching for investment projects in the Russian agricultural sector, RDIF said in a statement on Monday.

A string of multi-million-dollar investment contracts were also signed in the aerospace, culture, health and advanced technology sectors.

Putin’s “long-awaited” visit will include discussions on “further cooperation to stabilize prices on the world carbohydrate market” as well as the situation in Syria, the Gulf and Yemen.

The Russian leader, in an interview with Arab broadcasters and aired on Sunday ahead of his arrival, described the “very good relations” with the Saudi leadership.

“We consider Saudi Arabia a friendly nation. I have very good relations with both the King and the Crown Prince,” Putin said, and noted the improved bilateral relations between both countries.

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PHOTO GALLERY: Vladimir Putin visits Saudi Arabia

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Putin in the interview likewise condemned the Sept. 14 attacks on Aramco facilities, and said “such actions do not bring any positive results to anybody, including perpetrators,” as they do not have a strong effect on the market.

“We condemn any such actions, end of story. This is the official position … regardless of who stood behind the incident,” the Russian president commented.

A forum attended by Saudi Arabian and Russian business leaders and government officials earlier Monday resulted in the signing of several agreements between companies of both countries.

(Developing)