Saudi Arabia is currently placing significant emphasis on the technological sector, particularly in line with its Vision 2030 initiative. This vision aims to bring about a comprehensive digital transformation across various aspects of society, aligning with the global trend of development, with a special focus on economic advancements.
By endorsing the technological sector, Saudi Arabia strives to create an advanced digital society for its citizens and residents. This initiative aims to foster a more adaptable living environment, facilitated by advancements in various fields, with a special emphasis on e-government projects. The overall goal is to enhance efficiency and simplify transactions, ensuring a fast-paced and practical life for everyone.
Given the role that technology plays in our lives today, and its important role in enhancing the reality of digital society and sustainability, the Kingdom aims to support technological industries within its territories by establishing a number of new factories that produce electronic parts for various uses, and this is what has been embodied on the ground by During Saudi Arabia’s signing of a number of agreements with major technology companies in the world.
Artificial intelligence is considered a fundamental pillar as it is an important part of global technological development, which has prompted the Kingdom to take practical steps to enhance its role in various sectors such as education, health, energy and many other fields that contribute to improving decisions and making life more productive and accurate.
The real estate sector has increasingly embraced technological advancements, with a notable reliance on artificial intelligence and modern technologies in building materials, decoration, and architectural construction. Emerging technologies include 3D construction technology, machine-assisted prefabricated construction, and the utilization of autonomous aircraft (drones) for construction and monitoring operations. These advancements reflect a commitment to integrating technology-driven techniques for enhanced efficiency and innovation within the industry.
This reflects the remarkable development witnessed in the field of real estate investment, even through promotion and sale operations, as the means of searching, advertising, and purchasing real estate have become more advanced than they were previously, thus making the Saudi real estate market more vibrant and flexible, which increases growth opportunities and demand for real estate there.