Cityscape Jeddah wraps up with high visitor turnout turnout

The Cityscape Jeddah 2019 exhibitor profile included some of the biggest names within the local, regional and international segments including Arada Development LLC and Architecture & Planning Group.
Updated 08 April 2019

Cityscape Jeddah wraps up with high visitor turnout turnout

Cityscape Jeddah 2019, the largest international real estate exhibition in Saudi Arabia, saw strong visitor turnout for its three-day run at the Jeddah Center for Forums and Events.
Held under the patronage of the Minister of Housing Majed bin Abdullah Al-Hogail, the show, which opened Friday and ran through Sunday, hosted more than 50 exhibitors from six countries.
Commenting on Friday, organizers Informa Exhibitions said they anticipated substantial event growth for the 2020 edition.
“All the signs are encouraging,” said Mohaned Yaman, exhibition manager, Cityscape Jeddah. “The Saudi real estate market is undergoing transformation spurred by major government initiatives while exhibitors say Saudi investors remain committed to real estate as their main investment vehicle.”
“We are confident that the show will attract upwards of 8,000 interested buyers and that this event will experience substantial growth going forward because of positive market fundamentals aided by the opening of an Informa Exhibitions’ branch in Saudi Arabia. The permanent Informa Exhibitions presence will tie us heavily into the Kingdom and enable us to provide ever keener insights into market developments and adjust our offering according,” Yaman added.
The Saudi government is looking to increase the property sector’s GDP contribution from 5 percent to 10 percent by 2020, reducing the average waiting period for citizens to obtain housing financing from 15 years to five.
The Cityscape Jeddah 2019 exhibitor profile included some of the biggest names within the local, regional and international segments including Arada Development LLC, Architecture & Planning Group (APG), Arton Capital, Global Citizenship Partner, Aldar, principal sponsor, City Edge, Diyar Al-Muharraq and MSQ Property.
Overseas developers looking to lure Saudi investment included Turkey’s Keleşoğlu, which is selling property in its Deniz Istanbul marina-front project, and Dubai-headquartered Arada, which made its Cityscape Jeddah debut and launched an entirely new type of real estate investment opportunity for the Gulf — Nest, a student housing complex in Sharjah lifestyle megaproject Aljada.
Also for the first time, Cityscape Jeddah included Egypt’s top real estate developers together with the Egyptian Ministry of Housing in a joint promotion of investment opportunities in their country.
Visitors to the exhibition also participated in workshops, where participants gained deep insights into the Saudi government’s strategic objectives.
Dedicated panel discussions looked closely at economic diversification and delved into the Kingdom’s tourism and hospitality agenda in line with Vision 2030.
“Cityscape Jeddah 2019 could well be remembered as a tipping point for the Saudi real estate investment sector and is definitely on course to fulfill its role of connecting people, cities and ideas,” added Yaman.


Seafood lovers flock to LuLu fiesta

LuLu Hypermarket’s annual seafood festival, held in association with the National Fisheries Development Program, was attended by senior officials from the fisheries department and LuLu.
Updated 20 November 2019

Seafood lovers flock to LuLu fiesta

LuLu Hypermarket hosted its annual “Seafood Fiesta,” a showcase of more than 100 varieties of fish and shellfish across its stores in the Kingdom.
The seven-day festival, which ran until Nov. 17, was held in association with the National Fisheries Development Program, a subsidiary of the Department of Ministry of Environment, Water and Agriculture (MEWA).
LuLu honored seven Saudi fishermen who completed 50 years in the field of fishing. The seafood festival was inaugurated by Abdul Aziz A. Alshehab, general director of Fisheries Research Center, Eastern Province, at LuLu Hypermarket in Dammam. At its Jeddah branch in Amir Fawaz district, the event was inaugurated by Rada Al-Zahrani, director of the fisheries department in Jeddah, while at the Riyadh branch in Murabba district, Dr. Ali Muhammed Al-Shaikhi, CEO of National Fisheries Development Program, opened the event.
Shehim Muhammed, director of LuLu Hypermarket Saudi Arabia, said: “We have always taken pride in offering fresh and high-quality seafood from around the world. Seafood Fiesta is one such event that proves the commitment of LuLu to bring the widest range of fish and shellfish that is well-loved by both the local and expat communities. We also support local produce, as we are recognized as the top seller of Samaq-certified products, which highlight fresh and cooked seafood that is promoted by the national aquaculture product certification and labeling program of the Saudi Aquaculture Society, under the guidance of MEWA.”

HIGHLIGHT

LuLu honored seven Saudi fishermen who completed 50 years in the field of fishing, during the seven-day festival, which ran until Nov. 17.

From Norwegian salmon to sea bass, lobster, kingfish and much more, LuLu offered fish and shellfish products in both fresh and frozen options. Apart from the seafood offerings in the wet section, the hypermarket offered a variety of fish dishes at its hot food stations. Japanese maki, prawn pizza, grilled tuna, salmon quiche, fish masala and tuna puff were some of the main attractions at these counters.
LuLu Hypermarket, one of the largest retailers in the region, recently celebrated the group’s 10th anniversary in the Kingdom.
With 180 stores operating worldwide, LuLu aims to provide and sustain the supply of global products at the best rates. It is one of the favorite shopping destinations of both locals and expatriates in the Kingdom.
LuLu is the fastest growing retail chain across 10 countries that include the GCC, India, Egypt, Indonesia, and Malaysia. It is one of the Middle East’s top employers with a workforce numbering at more than 55,000.