DOHA: The Real Estate Regulatory Authority (Aqarat) has signed a memorandum of understanding (MoU) with Cityscape to launch the Qatar Real Estate Forum and Cityscape 2024. The event will be held under the patronage of Prime Minister and Minister of Foreign Affairs HE Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani, from October 13 to 15 in Doha.
The agreement was signed by President of Aqarat, Khalid bin Ahmad Al Obaidli and Vice President Informa Tharawat, Cityscape organisers, Chris Speller.
In his speech, Al Obaidli highlighted the significance of this agreement, emphasizing that it reflects the wise leadership's prioritization of Qatar's real estate sector.
He attributed the country's visionary approach, which has driven remarkable progress in recent years through strategic legislation and substantial infrastructure investments. These initiatives, he noted, have significantly boosted the real estate sector's contribution to Qatar's economic growth and development.
He added: "This MoU represents our commitment to fostering a more dynamic and transparent real estate market, further cementing Qatar's status as a global investment destination. It is more than just a commercial agreement; it is an open invitation to investors worldwide to join us in shaping a future brimming with opportunities."
Speaking on this occasion, Speller, said: "Signing this MoU with Aqarat comes in response to the growing demand in Qatar's real estate sector. Through this partnership, we aim to create a streamlined pathway for investors to capitalize on the lucrative investment opportunities within real estate projects."
He added: "Qatar's world-class infrastructure is not just a source of inspiration. It also elevates the country's standing as a prime destination for investors."
The Qatar Real Estate Forum and Cityscape 2024 will bring together real estate experts and stakeholders from around the world, establishing it as a primer event for knowledge sharing, expertise exchange and exploring future trajectories within the real estate sector, while showcasing various opportunities within the growing industry.
Qatar's real estate sector stands as a key pillar of the nation's economic landscape, characterized by its sustained growth and promising future.
Built on a foundation of economic stability and supported by an innovative regulatory framework, the sector has helped position Qatar as a premier destination for investors seeking both reliable returns and long-term value creation. This comes in line with the Third National Development Strategy 2024-2030, which aims to cultivate a world-class investment environment conducive to business growth and diversify the national economy.
