The Real Estate General Authority (REGA) yesterday concluded the "Real Estate Training Forum," held at the Riyadh International Convention and Exhibition Center in the presence of REGA CEO Engineer Abdullah bin Saud Al-Hammad. The forum featured extensive discussions on the state of real estate training and its pivotal role in supporting the market's needs and fostering a culture of innovation and entrepreneurship, in a way that raises professional standards and develops national capabilities.

Key Forum Themes

The forum focused on several key topics, including:

  1. Developing human capabilities:
    • Discussing the importance of enhancing the competitiveness of Saudi citizens locally and globally.
    • Reviewing the role of the Saudi Real Estate Institute in offering training programs that support competitiveness and align with Saudi Vision 2030.
    • Calling for the establishment of a specialized Saudi university for real estate sciences to provide high-quality academic education.
  2. Real estate training and innovation:
    • The importance of real estate training in developing innovative solutions to sector challenges.
    • Affirming the role of Saudi universities in bridging the gap between academic education and market needs.
    • Highlighting the need to use modern technology to improve efficiency and productivity in real estate transactions.
  3. Learning from global experience:
    • Highlighting Saudi achievements in the real estate sector, such as the "Ejar" network and the real estate brokerage system.
    • Stressing the importance of training young Saudis through specialized programs and development fellowships to achieve sustainability in the sector.

Forum Achievements and Outcomes

The forum affirmed that the Kingdom has succeeded in preparing national talent capable of competing globally in the real estate sector, supported by an educational experience that leverages artificial intelligence. It recommended adopting specialized academic programs in real estate development and leveraging technological solutions to improve the beneficiary experience and boost productivity.

The Authority's Efforts to Develop the Real Estate Sector

The forum is part of REGA's efforts to enhance the efficiency of those working in the sector and build an advanced real estate ecosystem that supports economic growth and sustainability, in line with the aspirations of the Kingdom's comprehensive real estate sector strategy.