|10 February, 2019

REDF Saudi Housing Finance Conference 2019 kicks-off on 6 March

Saudi Arabia’s housing market is undergoing rapid change.

RIYADH: The second annual Real Estate Development Fund’s Saudi Housing Finance Conference will open its doors on Wednesday, March 6. The opening keynote address will be delivered by H.E. Mr Majid bin Abdullah Al-Hogail, Minister of Housing of the Kingdom of Saudi Arabia. Mr. Khalid Mohammed Al-Amoudi, General Supervisor and Chairman Deputy of the Board, Real Estate Development Fund (REDF) will also deliver opening remarks. The conference is co-hosted by Euromoney and will bring together leading international, regional, and local finance and investment experts in the Saudi Housing market.

Saudi Arabia’s housing market is undergoing rapid change. Under the government’s Vision 2030 scheme home ownership is set to increase to 70%, up from 50% today. This ambitious goal can only be achieved through close cooperation across the public and private sector and is dependent upon all parties involved – government, private sector and Saudi citizens. REDF, working closely with the Ministry of Housing, are working together with the entire housing ecosystem to not only enable a robust housing market for home buyers and renters, but also to create a regulatory framework in which homebuyers, bankers, investors, developers, contractors, government departments and NGOs can work together to create communities where Saudi families can thrive.

The conference will bring investors and housing finance experts together under one roof for a full day of keynote sessions, presentations and panel discussions. In addition to the opening speeches, international speakers include: H.E. Dr Adel Ahmad Al-Sharkas, Deputy Governor, Central Bank of Jordan, and Chairman, Jordan Mortgage Refinance Company; Mr Hans-Joachim (Achim) Dübel, Chief Executive Officer and Founder, Finpolconsult.de; Mr Aurelien Vincent, Associate Partner, McKinsey & Company; Mr Mark Weinrich, Secretary General, International Union for Housing Finance (IUHF) and Mr Amad Almsaodi, Chief Executive Officer and Founder, Aqarmap.

During the conference a working session will be held on the role of FinTech in the development of the mortgage market. Case studies will introduce international perspectives and best practices. And there will be panel discussions on building sustainable housing finance sectors and investment opportunities in the Saudi housing sector.

Lead sponsors of the conference are: AlKhair Capital, Bank Aljazira, Biyada Home Finance, Dar Al Arkan, Saudi Home Loans. Co-sponsors are Deutsche Gulf Finance, Knight Frank and SABB. The digital sponsor is Dar Al Tamleek.

For more information, to view the agenda, and to apply for your place, please visit the Euromoney Conferences website. Euromoney Conferences invites interested participants to join the debate and to voice their opinions on the conference themes on Twitter, using the hashtag #emREDF.

-Ends-

About REDF

The Real Estate Development Fund, established in 1974 (1394 AH), was set up to meet the needs and aspirations of the Kingdom's citizens by helping to raise the quality of life in society through the development of high quality housing.

In its first five years, the Fund fulfilled its major objective by solving the housing crisis of the time engendered by the Kingdom's extraordinary pace of development.

About Euromoney

Euromoney Conferences is the world’s leading organiser of events for capital markets and investment professionals. We have almost 50 years’ experience connecting companies and governments with the financial institutions that support their growth.

At our events, we aim to identify and explain the latest trends in global financial markets, on the one hand, but also act as impartial forums for the rigorous exchange of ideas, on the other. This is in addition to their value as independent venues where people can make new connections and forge profitable business relationships.

Since the 1970s, we’ve held events in over 60 countries that have attracted the most senior figures from business, finance and government – both as speakers and delegates.

The conference business was born out of our sister publication Euromoney magazine.

We inform, we explain, we connect.

For media inquiry, please contact:

Abdullah Abdulghani – Weber Shandwick

Mobile: +966 50 776 1029

E-mail: abdullah.abdulghani@ws-mena.com

© Press Release 2019

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.

More From Press Releases