Construction & Real Estate
From The Report: Saudi Arabia 2025
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Saudi Arabia’s Vision 2030, a national roadmap for economic diversification, remains the backbone of the country’s construction and real estate sectors. Under Vision 2030, ongoing giga-projects involve the building of entire new cities, large-scale residential housing developments, luxury resorts and restored heritage sites, ensuring a substantial pipeline of construction activity and real estate development over the medium and the longer term. Within this framework, Saudi Arabia’s hosting of major sporting and global events such as the 2034 FIFA World Cup and Expo 2030, coupled with the rising numbers of tourists visiting the Kingdom, is providing further impetus to develop infrastructure, hospitality and entertainment centres.

This chapter contains interviews with Majid Al Hogail, Minister of Municipalities and Housing; Mohammad Al Suliman, CEO, Real Estate Registry; and Abdullah Al Habib, CEO, Mohammed Al Habib Real Estate.

Articles from this Chapter

Overview

Skyline ambitions: Mega-projects and strategic initiatives are driving growth across housing, hospitality and mixed-use developments
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Saudi Arabia’s Vision 2030, a national roadmap for economic diversification, remains the backbone of the country’s construction and real estate sectors. Under Vision 2030, ongoing giga-projects involve the building of entire new cities, large-scale residential housing developments, luxury resorts and restored heritage sites, ensuring a substantial pipeline of construction activity and real estate development over the medium and the longer term. Within this framework, Saudi Arabia’s hosting of major sporting and global events such as the 2034 FIFA World Cup and Expo 2030, coupled with the rising numbers of tourists visiting the Kingdom, is…

Interview

Built on trust: Majid Al Hogail, Minister of Municipalities and Housing, on regulation, data and technology-driven urban growth
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Interview: Majid Al Hogail, Minister of Municipalities and Housing, on regulation, data and technology-driven urban growth What role does regulation play in balancing sector growth and sustainability practices? MAJID AL HOGAIL: Regulatory frameworks protect rights, define how processes are governed and bolster the sector’s ability to adapt to economic change. Recently, regulations have been updated to better respond to urban needs and align with Vision 2030. Measures addressing white land and…

Interview

Future property: Mohammad Al Suliman, CEO, Real Estate Registry, on how technology is transforming property investment
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Interview: Mohammad Al Suliman, CEO, Real Estate Registry, on how technology is transforming property investment What are the ways in which digital tools will reshape property ownership and transactions? MOHAMMAD AL SULIMAN: A national property database linked to geospatial maps has been developed and is operational, allowing businesses and individuals to capture ownership rights. Since the launch of title registration in May 2023, aircraft-based geospatial surveys mapped over 100,000 sq km with…

Analysis

Digital foundations: Government mandates and mega-projects are accelerating the digital transformation of the sector
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Across the GCC, construction and real estate are undergoing a quiet but consequential shift as digital technologies move from pilot-stage experimentation to system-wide adoption. Long characterised by large-scale projects, fragmented supply chains and labour-intensive delivery models, the region’s urban environment is increasingly shaped by data-driven design, automated construction techniques and digital asset management. This transformation is being accelerated by government-led digitalisation agendas, the scale of ongoing mega-projects and the need to address persistent challenges around productivity, cost overruns and sustainability. Construction…

Interview

Master plan: Abdullah Al Habib, CEO, Mohammed Al Habib Real Estate, on increased market sophistication driving a shift towards quality, sustainability and long-term performance
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Interview: Abdullah Al Habib, CEO, Mohammed Al Habib Real Estate, on increased market sophistication driving a shift towards quality, sustainability and long-term performance How is the increasing focus on master planning and placemaking reshaping development priorities across the residential and mixed-use market? ABDULLAH AL HABIB: There is a clear shift in how buyers evaluate real estate projects. Demand remains strong, particularly in Riyadh, where population growth continues to drive activity.…