Thursday Aug 01, 2024

The new development that will change Riyadh’s housing market

Hosts Lucien and Hanaa, both located in the U.S. for the first time (though on opposite coasts), catch up on their recent travel and share some feedback from a listener. Before the DEEPDIVE segment, the hosts also share a new segment they're introducing this episode, a "SHOUTOUTS" portion to conclude the program, which shares stories of people who are doing interesting, good, or productive work - especially as it relates to the advancement of Vision 2030 and the transformation underway -- the very subject of this podcast.

 

In the DEEPDIVE, Lucien gives an overview of a new massive real estate development outside Riyadh. Dubbed "Banan City," this project spans 10 square kilometers and will feature over 20,000 smart homes. The community aims to blend modernity and tradition by offering essential services, educational institutions, and smart city technology, aligning with Saudi Arabia's Vision 2030 goals. That leads to a discussion of housing market in Saudi Arabia, the Construction market in Saudi Arabia, and a lot more. 

 

In the news, the hosts once again talk football (soccer?), and IMG's new partnership with the Saudi Pro League, an update on the Saudi economy and oil, and more.

 

To conclude the show and others going forward, the hosts introduce the SHOUTOUTS segment - recognizing impactful individuals and their recent impressive accomplishments like Abdul-Rahman Al-Gabban of Bechtel Saudi Arabia and Samar Sultan of META. Al-Ghabban recently launched the first Saudi Arabia chapter for buildingSMART International, the worldwide industry body driving the digital transformation of the built asset industry. 

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