Riyadh, March 14, 2025* – The Real Estate General Authority (REGA) of Saudi Arabia is participating in the world-renowned MIPIM Real Estate Exhibition in Cannes, France, from March 11 to 14, 2025. MIPIM, which stands as one of the most prestigious real estate events globally, gathers industry leaders, investors, and experts from around the world. Through its presence at this high-profile event, REGA aims to highlight Saudi Arabia’s real estate regulations, organizational practices, and the significant role the sector plays in the Kingdom’s broader economic strategy.
Tayseer Al-Mufarrej, spokesperson for REGA, emphasized that the authority’s participation at MIPIM reflects its critical role in showcasing the Saudi real estate sector’s transformation and its growing contribution to the country’s economic diversification efforts. As part of Saudi Vision 2030, which aims to reduce the country’s dependence on oil revenues, REGA’s involvement at MIPIM underscores the importance of the real estate sector in diversifying investment sources and fostering long-term economic growth.
Al-Mufarrej also pointed out that the exhibition serves as a platform for introducing the vital role that real estate regulations play in attracting investment to the Kingdom. By sharing the expertise and practices of REGA and other relevant government entities, the authority aims to demonstrate how Saudi Arabia is enhancing its regulatory frameworks to encourage investment in the real estate sector. This approach not only facilitates sustainable development within the Kingdom but also promotes confidence among international investors looking to engage with Saudi Arabia’s growing real estate market.
MIPIM, which has been held annually since 1990, is one of the most significant and influential events in the global real estate industry. This year’s edition is expected to attract over 20,000 participants from more than 90 countries, including over 300 companies and institutions specializing in real estate development, investment, and marketing. The exhibition provides a unique opportunity for industry leaders to connect, share knowledge, and explore new business opportunities in one of the most dynamic sectors of the global economy.
REGA’s active participation in international events like MIPIM is a key element of its broader strategy to raise awareness of Saudi Arabia’s real estate sector and encourage foreign investment. As the Kingdom continues to build a competitive, diversified economy, REGA’s efforts in strengthening international partnerships and promoting its regulatory expertise are crucial in positioning Saudi Arabia as an attractive destination for global real estate investment.
Through these engagements, REGA is not only helping to transform the real estate landscape in Saudi Arabia but also contributing to the Kingdom’s broader goals of economic diversification and sustainable growth.
