​ Board of directors of Riyadh Chamber elected Mr. Ayed bin Abdullah Al-wabri as the chairman of the Real- estate Committee on Wednesday evening 12 October 2016. Mr. Al-wabri expressed his thanks & appreciation to the chairman & members of the board of directors for granting him their trust . He also thanked  businessmen outside the board &  members of the National Real-estate Committee.  . Mr. Al-wabri verified that the trust of the board will encourage the Real-estate Committee to enhance the role of real estate sector in      in the vision  of 2030 & contribute in overcoming obstacles i.e. by cooperating with the related authorities.

            Mr. al-wabri indicated that the committee will focus on:  communication among  investors in the Real-estate sector, restriction of difficulties & preparing a work plan with  those who  are interested. He pointed out that the committee will complete efforts of related institutions as such as the Ministry of Housing, the Ministry of Municipal and Rural Affairs & the National Commission for Real - estate. The committee is optimistic for the next phase and seeks to  develop the vision that support Real –estate investment, one of  the most important sectors  in the  national economy.

            In Addition, the chairman of Real-estate Committee confirmed that the housing sector , which investments are expected to reach a trillion and a half SAR  during the next ten years, is going to attract the  Real Estate Committee's attention . Since the national transformation program in 2020 included 21 initiatives from the Ministry of Housing , it underlines the importance of joint efforts between the public and the private sector. Which then will achieve the aspirations of the Custodian of the Two Holy Mosques - May God Protect Him.