Riyadh - Sharikat Mubasher: Saudi Arabia is set to sign multiple real estate agreements with the US during the official visit of the Saudi Minister of Municipal, Rural Affairs, and Housing Majed Al Hogail to the US.

The minister’s five-day visit, which began on 18 August, aims to explore means of strengthening Saudi-US cooperation, forging global partnerships, and attracting investments to relevant sectors.

During the visit, the minister will meet several government and private sector officials, industry leaders, and heads of prominent contractions and real estate development companies.

The visit focuses on attracting US companies to different sectors in Saudi Arabia, notably real estate development, financing, supply chains, modern construction technologies, and urban infrastructure.

Further, Al Hogail inaugurated the Sakani exhibition at the Saudi Cultural Mission in the state of Virginia to create a point of contact for Saudi citizens in the US to access the housing and financing options provided by the Sakani Program.

Moreover, Al Hogail held a meeting with Saudi students in the US where he highlighted the ministry’s empowerment initiatives in engineering, financial management, and artificial intelligence.