The upcoming Arab Housing & Community Development Forum is all set to address the growing housing market in the Arab world amidst the ever-evolving global economic landscape.
The Arab Housing Forum, from September 11th to the 12th at the prestigious Conrad Abu Dhabi Etihad Towers in Abu Dhabi, United Arab Emirates, is congregating industry experts, government representatives, developers, investors, and other key stakeholders looking into pressing matters surrounding the housing market in the Arab world.
As the Arab world constitutes approximately 6 percent of the global population, ensuring adequate and sustainable housing has become a pivotal necessity for the region’s stability and progress. The housing industry in the Arab world is poised for transformative growth, with projections indicating substantial expansion.
Earlier this year, UAE set aside funds to build up to 76,000 new homes in the next five years valued at over $23 billion for its citizens. Regionally, the Saudi Arabian real estate industry is anticipated to reach a value of $161.3 billion within the same year.
The Arab Housing & Community Development Forum is ideal for examining the rapid advancements and challenges within the housing sector, aligning them with global sustainability initiatives.
UAE Minister of Energy, H. E. Eng. Suhail Mohamed Faraj Al Mazrouei said that “We are looking forward to sharing knowledge with experts as there is a great need to chart a path towards a thriving housing market that meets the needs and aspirations of the people in the Arab world. I believe the Arab Housing & Community Development Forum will be the ideal platform to discuss the sustainable growth and development of the housing sector in the region.
H. E. Al Mazrouei added that “The forum will serve as a leading platform for collaboration to support the housing and urban development sectors, and to strengthen efforts to address their challenges, as they are of vital importance for sustainable development. Its significance lies in our understanding that cooperation, solidarity, and effective management of the government housing sector are extremely important, especially in light of population growth and current challenges. In the UAE, we are committed to working hand in hand with everyone to move into a new phase of cooperation in various housing and urban areas.”
With a focus on promoting green housing solutions and fostering a collaborative approach, the forum will bring together key stakeholders including government authorities, private developers, contractors, builders, and technology providers drawing over 300+ attendees, more than 40 speakers, 25+ exhibitors, and is supported by 10 media partners.
The Arab Housing & Community Development Forum is a pivotal gathering for all those invested in the region’s housing industry and dedicated to evolving housing solutions that align with the broader goals of the Arab world. It will offer a unique opportunity to foster meaningful connections, discover groundbreaking ideas, and forge partnerships that will shape the future of housing in the Arab world.