Latest news with #FahadAlHashem
Zawya
27-02-2025
- Business
- Zawya
Deal making and debates, investor opportunities and insight: Invest Saudi takes centre stage at MIPIM 2025
RELATED TOPICS INVESTMENT RELATED COMPANIES Retal Urban Dev New Murabba Development Company AETA Audio Systems Evnts Inv Fnd Saudi Ewaa Compa Saudi in spotlight at MIPIM conference, with dedicated KSA sessions, a GCC focus and more Riyadh, Saudi Arabia: Invest Saudi will host three days of high-level discussions, announcements, presentations and networking at MIPIM 2025 with Saudi Talks, taking place at the Hall Mediterranee, Palais des Festivals, Cannes from 11 to 13 November. Following its successful debut at MIPIM 2024, Saudi Talks is back with an impressive, expanded line up of speakers and subjects to highlight KSA's unprecedented real estate transformation – and the endless investment opportunities it is creating. Led by the Ministry of Investment, Saudi Talks comprises nearly 20 sessions from government entities and leaders from KSA's giga and mega projects, including Ministry of Culture/Architecture & Design Commission; Events Investment Fund, NEOM, Diriyah, New Murabba, King Abdullah Financial District (KAFD), Sports Boulevard Foundation SBF); Smart Accommodation for Residential Complexes Company (sarcc), Premium Residency, and Retal Urban Development Company. KSA real estate is also under the spotlight at the MIPIM conference, with two sessions dedicated to Saudi Arabia, a focus on Gulf Cooperation Council (GCC) countries, and a presentation from global programme sponsor, Diriyah. 2 pm, Tuesday 11 March, Salon Croisette: How Saudi real estate projects are contributing to Vision 30. 11.30 am, Thursday 13 March, Audi A: The road to Saudi Arabia's Vision 2030 – a perspective from Diriyah, City of Earth. 2 pm, Thursday, 13 March, Geo Focus Stage: Cities of the Future - How Gulf Economies are Reshaping Tomorrow's Cities 3 pm, Thursday 13 March, Geo Focus Stage: How changing regulations, giga projects and mega events are transforming the Saudi real estate landscape. Fahad Al Hashem, Assistant Deputy Minister of Investment Development, Ministry of Investment and Dr Manar Al Moneef, Chief Investment Officer, NEOM, are taking part in Thursday's GCC focus, while KSA session speakers include: Mark Taylor, CEO, sarcc Abdulaziz Al Othman, Executive Vice President Investment, SBF Michael Dyke, CEO, New Murabba Milan Mirjanic, Chief Strategy & Portfolio Management Officer, KAFD Jonathan Robinson, Chief Investment Officer, Diriyah Carl Schibrowski, Chief Development Officer, New Murabba Nawaf Rajeh, Development & Innovation Marketing Senior Director, Diriyah Saudi Arabia has a total construction spending plan of US$1.7 trillion as the country delivers up to 2.5 million new homes and a wide range of tourism, hospitality and commercial developments in line with Vision 2030. Global events like Riyadh Expo 2030 and the FIFA World Cup 2034 are further boosting demand for real estate in the Kingdom, where the construction market is set to grow to more than US$200 billion over the next five years. Invest Saudi's spectacular display of developments is on show at pavilions C20, C14b and at Hall Mediterranee at MIPIM 2025. About Invest Saudi Overseen by Saudi Arabia's Ministry of Investment (MISA), Invest Saudi is the Kingdom's investment attraction and promotion entity charged with communicating and facilitating investment opportunities. Invest Saudi is the primary point of contact for foreign investors seeking information and assistance before, during and after their entry into Saudi Arabia. It is committed to working in partnership with potential and current investors to make their investment journey a seamless experience. About the Ministry of Investment The ongoing transformation of Saudi Arabia under the Vision 2030 economic development and diversification plan is unlocking new investment opportunities at an unprecedented pace. The Ministry of Investment of Saudi Arabia (MISA) is facilitating access to these opportunities by developing a vibrant cross-government investment ecosystem, facilitated by Saudi Arabia's National Investment Strategy. Through a network of representative offices across the world, MISA partners with businesses of all scales and sizes—from start-ups to blue-chip multinationals—to help make investing in Saudi Arabia as simple as possible. MISA also plays a leading role in improving Saudi Arabia's overall business environment by facilitating investment data across regions and sectors, creating investment incentives, spearheading business reforms and opening up investment opportunities.
Zawya
18-02-2025
- Business
- Zawya
Invest Saudi returns to MIPIM with a wealth of new investment opportunites as KSA construction spending set to reach $1.7tln
Government entities and giga-projects at MIPIM include Ministry of Culture, Diriyah Company, New Murabba, King Abdullah Financial District, Sports Boulevard Foundation, Smart Accommodation for Residential Complexes Company, Events Investment Fund and more 1.2 billion sq. metres of real estate; up to 60 million sq. metres of office space; 2 million to 2.5 million new homes in pipeline over next five years Riyadh, Saudi Arabia: Invest Saudi will return to MIPIM in March 2025, leading a high level delegation of government entities and representatives from some of KSA's biggest real estate developments to showcase a wealth of new investment opportunities in the Kingdom. As KSA continues its unprecedented real estate transformation in line with Vision 2030, Invest Saudi will reconvene in Cannes, France, 11-14 March to connect with the global real estate fraternity to further boost foreign direct investment into the Kingdom. Joining the delegation is the Ministry of Culture, Diriyah Company and New Murabba, with King Abdullah Financial District, Sports Boulevard Foundation, Smart Accommodation for Residential Complexes Company and Events Investment Fund among the entities making their MIPIM debut. KSA has a total construction spending plan of US$1.7 trillion as the country delivers a plethora of new projects, including up to 2.5 million new homes and a wide range of world class tourism, hospitality and commercial developments to meet investor demand. Saudi's construction market, valued at US$170 billion in 2024, is set to grow to more than US$200 billion by 2030. KSA's pavilions drew more than 12,500 visitors at MIPIM 2024, with 15 foreign partnerships signed. Fahad Al Hashem, Assistant Deputy Minister of Investment Development at the Ministry of Investment Saudi Arabia (MISA), said: 'KSA continues to redefine urban development with world class destinations that set new standards in design, construction and sustainability – and create investment opportunities worth more than US$25 billion in building materials and contractor services. 'As we gear up to host global events including Riyadh Expo 2030 and the FIFA World Cup 2034, there is a unique opportunity to integrate innovative, sustainable designs with cultural preservation. The Saudi Arabia of the future will celebrate the country's heritage while embracing cutting edge technology and sustainable building practices that align with our long-term vision – and the opportunities for global investors to be part of it are endless. We look forward to returning to MIPIM to reconnect with the world's real estate fraternity and build new global partnerships that are fundamental to realising Vision 2030.' Invest Saudi's spectacular display of developments is on show across two seafront pavilions and an extensive hospitality space within the Hall Mediterranee at MIPIM 2025. Saudi Talks – the highly popular series of live seminars, panel discussions and debates launched at MIPIM 2024 – is also on the agenda again, bringing together government representatives, industry leaders and real estate experts to address all things KSA real estate. In addition, building on the success of Invest Saudi's participation in 2024, the MIPIM conference programme will feature two dedicated KSA sessions, one of which will cover real estate in relation to mega events such as the World Cup. Saudi Arabia's real estate and construction sector – in numbers: US$1.4 trillion in construction spending from now to 2030 Saudi construction market projected to grow to more than US$200 billion annually by 2030 US$20-25 billion – value of investment opportunities available across value chain of building materials and contractor services US$13-$19 billion – forecasted incremental revenue for brokerage services US$12.8 billion – value of interior design and engineering sectors by 2030 US$8-13 billion – projected Facilities Management revenue by 2030 1.2 billion sq metres – real estate built up area by 2030 (excluding GIGA projects) * 45-60 million – square metre GFA of expected incremental office demand by 2030 2-2.5 million – incremental demand for residential units (villas, townhouses and apartments ) by 2030 due to population growth and home ownership plans 70% – house ownership target by 2030 * source: Construction Equity Story Visit Invest Saudi at pavilions C20, C14b and Hall Mediterranee at MIPIM 2025. About Invest Saudi Overseen by Saudi Arabia's Ministry of Investment (MISA), Invest Saudi is the Kingdom's investment attraction and promotion entity charged with communicating and facilitating investment opportunities. Invest Saudi is the primary point of contact for foreign investors seeking information and assistance before, during and after their entry into Saudi Arabia. It is committed to working in partnership with potential and current investors to make their investment journey a seamless experience. About the Ministry of Investment The ongoing transformation of Saudi Arabia under the Vision 2030 economic development and diversification plan is unlocking new investment opportunities at an unprecedented pace. The Ministry of Investment of Saudi Arabia (MISA) is facilitating access to these opportunities by developing a vibrant cross-government investment ecosystem, facilitated by Saudi Arabia's National Investment Strategy. Through a network of representative offices across the world, MISA partners with businesses of all scales and sizes—from start-ups to blue-chip multinationals—to help make investing in Saudi Arabia as simple as possible. MISA also plays a leading role in improving Saudi Arabia's overall business environment by facilitating investment data across regions and sectors, creating investment incentives, spearheading business reforms and opening up investment opportunities.
