In a move that further solidifies Saudi Arabia's position as an attractive investment destination, Re-Invest, the leading commercial real estate platform in the Kingdom, signed a Memorandum of Understanding (MoU) with the Governorate of Hafr Al-Batin during its participation in the Cityscape Global exhibition held in Riyadh from November 11 to 14.

This strategic partnership aligns with the joint efforts of the public and private sectors to enhance and develop the real estate investment environment in Saudi Arabia, particularly in the Governorate of Hafr Al-Batin. The partnership aims to leverage the province's potential and foster investment opportunities in the commercial and investment real estate sectors.

Objectives of the Partnership:

• Strengthening Cooperation: Enhancing collaboration between the private sector and government entities to create an attractive investment climate.
• Developing Projects: Jointly developing innovative commercial and investment real estate projects to contribute to the province's growth.
• Attracting Investments: Drawing both domestic and international investments to Hafr Al-Batin.
• Creating Job Opportunities: Generating new job opportunities for the province's residents through new real estate projects.
• Achieving Sustainable Development: Contributing to the sustainable development of the province by developing the real estate infrastructure.

This partnership marks a significant milestone in the real estate development journey of Saudi Arabia, combining the expertise and leadership of the private sector with government support and development policies.