Riyadh, May 14 (QNA) - HE Chairman of the Real Estate Regulatory Authority (Aqarat) Eng. Khalid bin Ahmed Al Obaidli met on Thursday with CEO of the Real Estate General Authority in the Kingdom of Saudi Arabia, Eng. Abdullah bin Saud Al Hammad, and CEO of the Saudi Real Estate Development Fund, Eng. Loaye Al Nahedh, separately, during His Excellency's visit to Riyadh, KSA.

Aqarat said that the two meetings addressed ways to enhance joint cooperation and activate the memorandum of understanding signed between the two sides, in addition to opportunities to develop the partnership and exchange experiences in the fields real estate regulation and development. The meetings also reviewed the best practices related to real estate governance, digital transformation, and the development of real estate systems and legislation.

Cooperation in the areas of finance and real estate development was also discussed, along with the most prominent initiatives and experiences supporting the real estate sector, which contribute to raising the efficiency of the real estate system and keeping pace with the rapid growth witnessed by the sector in both countries.

These meetings come as part of efforts to enhance integration and cooperation in the real estate sector between the State of Qatar and the Kingdom of Saudi Arabia. (QNA)