Riyadh, February 14 (QNA) - Qatar Chamber has participated in the inauguration ceremony of the 35th edition of the Restatex Riyadh Real Estate Exhibition 2026, which was opened by the Saudi Minister of Municipal, Rural Affairs, and Housing, Majed Al-Hogail, at the Riyadh International Convention and Exhibition Center.

The Chamber was represented at the event by QC's Second Vice Chairman, Rashid bin Hamad Al Athba.

In his remarks, Al Athba stressed the close relations between the State of Qatar and the Kingdom of Saudi Arabia, emphasising the importance of strengthening the role of the private sector in both countries and expanding partnerships between Qatari and Saudi investors. He noted that this collaboration would contribute to the development of various economic sectors, particularly the real estate sector, which is one of the main pillars of sustainable development and economic growth in both countries.

Al Athba underscored the Chamber's commitment to strengthening regional partnerships, enhancing cooperation between the public and private sectors, and promoting the exchange of expertise. He indicated that these efforts play a pivotal role in creating an attractive investment environment and supporting high-quality projects in real estate development and sustainability.

Elaborating on the significance of the Restatex Riyadh Real Estate Exhibition, he stated that it has contributed to enhancing integration among various stakeholders within the real estate ecosystem in the Kingdom of Saudi Arabia. He noted that it is considered a leading platform for dialogue and the exchange of expertise, as well as a stimulating environment for presenting investment opportunities and connecting developers, financiers, investors, and decision-makers. This supports the sustainability and growth of the real estate sector and aligns with the Kingdom's ambitious development plans.

Al Athba further emphasised that the exhibition reflects the Kingdom's position as a leading regional hub in the real estate sector, highlighting its ability to attract major companies and expertise while supporting initiatives that contribute to developing modern cities and enhancing the quality of life. (QNA)