Oman’s Real Estate Forum explores new urban developments

MUSCAT : The event aimed to strengthen networking among real estate experts and professionals, focusing on strategies to enhance the sector’s growth both locally and regionally.

In his opening remarks, Hassan bin Khamis Al Ruqaishi, the forum’s general supervisor, noted that the event’s primary objective is to strengthen and build a strong network of relationships among real estate professionals, thus contributing to the public interest.

He also expressed their aspirations to advance the real estate sector locally and regionally, with the goal of achieving global competitiveness, underscoring its importance as a key economic pillar in Oman.

He also commended the Ministry of Housing and Urban Planning’s prominent role in regulating the real estate sector in accordance with international standards, in line with Oman Vision 2040 and the National Urban Development Strategy.

The forum featured several working papers discussing topics in the real estate sector, including ‘Empowering the Role of Real Estate Associations: A Step Towards a Sustainable Future’, a working paper on smart cities and the role of the Internet of Things and artificial intelligence in urban development, and another on the role of endowments in promoting sustainable real estate development in the Sultanate of Oman.

The forum also featured a dialogue session that addressed the most prominent challenges and opportunities facing the real estate sector. Participants discussed ways to develop the investment environment and enhance the sustainability of real estate projects.

The 10th Real Estate Forum is a vital platform that brings together real estate experts and specialists, contributing to the exchange of experiences and ideas and driving urban development in the Sultanate of Oman.