Page 32 - Logic Consulting Report - September 2023

9/22/23, 10:07 AM Saudi gov’t signs MOU with LOGIC Consulting to endorse real estate sector | Decypha

Saudi gov’t signs MOU with LOGIC Consulting to endorse real …

Riyadh – Mubasher: The Saudi Ministry of Municipal, Rural
Affairs, and Housing signed a memorandum of understanding
(MoU) with LOGIC Consulting to support and empower services in
order to enhance the capabilities of property contractors and
developers across the Kingdom, according to an official press
release.
The MoU was signed by Abdul Rahman bin Abdullah Al Taweel,
the ministry’s Undersecretary for the Agency for Stimulating
Housing Supply and Real Estate Development, and Amr Osman,
the Chairman of LOGIC Consulting.
Under the agreement, LOGIC Consulting will provide a wide range of services, including comprehensive strategic
consulting as well as governance, to real estate contractors and developers in Saudi Arabia.
KSA Country Manager at LOGIC Consulting, Mostafa El Ghorab, stated that the company plans to draw on its 25 years
of expertise in the region to provide the ministry with top-notch consulting services. It further aims to become a reliable
and authoritative source that offers consultations and tailored solutions in a bid to boost the long-term sustainability of
clients' enterprises.
The Saudi ministry, meanwhile plans to achieve a homeownership rate of 65% by 2025 and further raise it to hit 70% by
2030.

Mubasher Contribution Time: 20-Sep-2023 11:45 (GMT)
Mubasher Last Update Time: 20-Sep-2023 11:45 (GMT)

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