“Jazeera Paints”, the leading company in the industry of paints, colors and construction solutions in KSA and MENA, participated as the official sponsor of the recently held Saudi-Egyptian Real Estate Conference in its first addition, on November 23, in Riyadh, under the title “Cooperation, Not Competition”, which gathered main governmental entities, private sector developers, inventors, and professionals in the Real Estate industry, to enhance investment opportunities between Saudi Arabia and Egypt.
Further, the CEO of Jazeera Paints, Mr. Abdullah bin Saud Al-Rumaih, expressed his enthusiasm about “Jazeera Paints” being the official sponsor of the conference, as a leading company specializing in manufacturing, producing, and exporting high-quality paints with the highest sustainability and environmental safety standards, besides providing construction solutions that meet the needs of all customers interested in construction projects, and the Real Estate sector in particular, where Jazeera Paints is one of the largest providers in this vital sector, playing a strategic and influential role in the real estate system, and economic and commercial activities in several countries, including the Arab Republic of Egypt.
The Conference kicked off with the opening of the Nile Real Estate Exhibition at the Sultanah Hall in the Crown Plaza Hotel, with the presence of Mr. Naif Al-Rajhi, Vice Chairman of Riyadh Chamber of Commerce & Industry, and Mr. Ahmed Farouk, Ambassador of the Arab Republic of Egypt in the Kingdom of Saudi Arabia. It brought together numerous real estate developers and investors showcasing the latest innovative projects and thrilling investment deals. The conference included three key sessions on successful partnerships between real estate developers in Saudi Arabia and Egypt, with emphasis on achieving the goals of cultural development in the two countries within the vision and plans of the Kingdom and Egypt 2030. Additionally, Eng. Abdul Rahman bin Abdullah Al-Taweel, Undersecretary for Stimulating Housing Supply and Real Estate Development, stressed that the recent decisions of the Council of Ministers to regulate and lease sale on the map will provide a legislative framework to finance and stimulate purchase, thereby enhancing investor confidence and creating opportunities for real estate development. The conference concluded by noting that this conference will be held twice a year, with its second edition scheduled to take place in Egypt in late April in Sharm El Sheikh.
About "Jazeera Paints"
Founded in Riyadh, in 1979, “Jazeera Paints” is a company specializing in manufacturing, producing, and exporting high-quality paints in accordance with the highest sustainability and environmental security standards. Over the last decades, Jazeera Paints has successfully maintained its top-notch place as one of the most prominent companies that manufacture paints and dyes in MENA, with an annual production capacity exceeding 500,000 tons, and with more than 750 active showrooms inside and outside KSA.