Under the aegis of Minister of Urban Planning and Development of Turkey Erdogan Biraqdar and the supervision of the Founder of Real-Estate Union in Islamic Countries Dr. Mohammed Mufarreh, the second Annual Turkish Gulf Congress for Real Estate and Development opens its doors in December for visitors around the world. This annual exhibition will attract Saudi and Arab families and potential investors to identify real estate investment opportunities in Turkey. This comes in line with the continuous collaborations between Turkey and the GCC countries and economic legislative laws provided by both states to facilitate real estate and economic development. Organized by Daleel Turkyia Group for Real Estate and Development, in strategic partnership with CNR, the exhibition provides a platform for real estate and investment entities to display investment opportunities and shed light on tourism projects currently under implementation in Turkey. A number of key government personnel will also attend the inauguration from Turkey and Saudi Arabia. The government of Turkey recently permitted Saudi and Gulf nationals with full rights to own real estate. This led to an increase in Saudi investments as the bulk of the total Gulf investments in Turkey originate from Saudi Arabia. "We are days away from one of the most important real estate exhibitions in the region. Preparations for the exhibition's inauguration are under way to welcome Saudi, Gulf and Arab families interested to invest or own property in Turkey. We also have a specialized team of Arabic speakers ready to interact with visitors from the Kingdom of Saudi Arabia and neighboring Gulf countries," stated Mufarreh, Managing Director of Daleel Turkyia Group. Over 100 companies will be participating in this year's event, as well as various banks that specialize in loans and mortgage solutions to provide financial services to potential investors. Mufarreh added: "The exhibition will also showcase a number of investment projects that cater to the diverse needs of companies and individuals, including high end apartments, villas, private farms, and land for residential and/or commercial use for Saudi and Arab families to buy at competitive prices. The exhibition will also feature a number of products and tourist promotions." Last year's edition of the Annual Turkish Gulf Congress for Real Estate and Development achieved significant successes and was attended by more than 300 businesspersons and investors from Saudi Arabia and the Gulf region. This year's edition is a venue for investors and real estate developers to create long-term economic partnerships between Turkey and Gulf countries. Discussion forums and workshops everyday will also follow the exhibition for 3-4 hours. — SG
