Saudi real estate exhibition Cityscape Global saw $29.3bn of investments.
Cityscape Global Exhibition, held at the Riyadh International Exhibition and Convention Centre in Riyadh, concluded after welcoming 350 exhibitors, more than 10,000 international investors, a line-up of over 300 speakers, and more than 160,000 visitors
The massive real estate event was organized by Tahaluf, one of the companies of the Saudi Federation for Cyber Security, Programming & Drones (SAFCSP).
Cityscape Global investments
Faisal Al Khamissi, Chairman of the board of directors of SAFCSP, emphasised the immediate influence of the exhibition, with more than 3,800 housing units booked through the National Housing Company (NHC), totalling $1bn.
He also highlighted the indirect economic impact on Riyadh, including hospitality services, aviation, and hotels, exceeding $25m, noting that the registration requests for the upcoming year have already exceeded four times the current year’s registrations.
Al Khamissi confirmed that Tahaluf remains dedicated to attracting global events such as the Cityscape Global Exhibition and Black Hat while introducing new Saudi brands like LEAP and five other upcoming events within the next two years.
He also extended his gratitude to the Ministry of Municipal and Rural Affairs and Housing, represented by Minister Majid bin Abdullah Al-Hogail and Vice Minister Eng. Abdullah bin Mohammed Al-Budair.
Source: www.arabianbusiness.com
