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Riyadh, Saudi Arabia
The "Real Estate Balance" program, supervised by the Royal Commission for the City of Riyadh, won the first prize in the category of "Infrastructure and Buildings", within the awards of the World Conference and Exhibition for Smart Cities 2026, which will be hosted by the Spanish city of Barcelona from 3 to 5 November, amid a global competition that witnessed 533 participations from 68 countries.
This coronation comes within the participation of the Royal Commission for the City of Riyadh in the conference, during which it reviews the experience of the capital in urban development, digital transformation, and the most prominent initiatives and projects that contribute to the development of the city, and improve the quality of life, in addition to the exchange of experiences and expertise with international experts, and representatives of cities and specialized institutions.
The victory of Al Eqtaz Real Estate is in recognition of its experience in providing innovative urban solutions
The victory of the "Real Estate Balance" program is in recognition of its experience in providing innovative urban solutions aimed at enhancing the balance in the real estate market in Riyadh, increasing the supply of residential land, and expanding the opportunities for citizens to own, by providing 40 thousand residential plots, in line with the rapid growth of the capital, and meet the needs of its residents.
It is noteworthy that the Authority reviews, during its participation, the use of data and modern technologies in planning and city management, through the Riyadh City Data Platform, the applications of digital twins and artificial intelligence, in addition to Riyadh's experience in developing the public transport system and traffic management, and the efforts of the "Green Riyadh" program, and the most prominent major projects in the capital.
The World Smart City Conference and Exhibition is one of the most prominent international forums on the development of cities and the prospect of their future, and its edition this year is held under the slogan "urban solutions, tangible impact", with the participation of more than 600 international speakers to discuss the latest solutions and experiences in the fields of digital transformation, mobility, energy, environment, housing and infrastructure, and to enhance cooperation in building more efficient and sustainable cities.
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