Issue No 281 - 01 Sep 2008
Top real estate summit to be held in Riyadh

Council of Saudi Chambers of Commerce & Industry will host a major international real estate investment summit participated by VIPs in the industry in October.

The council will partner with Naseba, a leading international business information company, in hosting the exclusive Real Estate Investment World Summit, to further attract foreign investors to the country.

The summit will take place on October 19 and 20 at the Four Seasons Hotel at the Kingdom Centre in Riyadh.

“We are pleased to introduce the Real Estate Investment World Summit, especially designed for VIPs in the industry. The summit will play an important role in the real estate investment in the kingdom as we aim at opening doors to provide potential opportunities to do business within and outside the kingdom,” said Saleh bin Ali Al-Turki, chairman of the Council of Saudi Chambers of Commerce & Industry.

About 250 people including royalties, ministries, financial authorities, high net worth individuals and institutional investors as well as board members from top worldwide financial institutions and developers will attend the summit.

They will have the opportunity to be re-educated on the market trends and regulations, discuss future projects and funding, as well as to network with the high net worth individuals from Saudi Arabia and across the region, said a statement.

“On October 18th, we are hosting a grand opening ceremony along with the Awards for Excellence, followed by a gala dinner,” said Al-Turki.

The summit will also feature an exhibition with companies including Kuwait Finance House, Abraj Tourism, Dubai Islamic Bank, Nakheel, The Land Holding, Al Oula Development, TMG Holding, Al Rajhi Bank and Palm Hills Developments taking part.

The conference sessions will be led by some influential speakers in the Middle East, including Al-Turki; Nasser Al-Shaikh, the chairman of Amlak Finance; Dr Sulaiman Al Fahim, the CEO of Hydra Properties; and Rushdi Siddiqui, global firector Islamic Indexes of Dow Jones Indexes.-

Source: Trade Arabia News

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