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اقتصاد سكاي نيوز عربية
Jeddah hosts Cityscape West exhibit
The city of Jeddah launched the first edition of the "Cityscape West" exhibition from March 29 to 31, 2027, under the auspices of the Ministry of Municipal and Rural Affairs and Housing, and organized by "Tahaluf" Company. The exhibition aims to support real estate sector investments and develop the housing market in the western region, particularly in Jeddah, Mecca, and Medina, in line with Saudi Arabia's Vision 2030. The exhibition comes amid significant growth in the real estate market, with Jeddah experiencing a 28% increase in the value of residential transactions in the first half of 2025, reaching 17.3 billion riyals, while Medina saw the highest growth rate at 49%. The event focuses on residential, commercial, and tourism projects, helping to build partnerships and promote homeownership opportunities. It is considered a key platform for regional investment and the development of the real estate sector in the area.
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