SaudiArabiaPR.com, Online Press Release from Saudi Arabia,Riyadh, Jeddah, Dammam, Meccca and Medina
 
Property & Real Estate(Real Estate & Retail)
Filter PR by
  
JLL signs MoU with Jeddah International College to boost transparency in Saudi's real estate sector
JLL signs MoU with Jeddah International College to boost transparency  in Saudi's real estate sector

Saudi, – February 20, 2018:   JLL, the world’s leading real estate investment and advisory firm, has signed a Memorandum of Understanding (MoU) with Jeddah International College to support growing efforts to ensure a transparent real estate market in Saudi Arabia. 

As part of the MoU, JLL will collaborate with key stakeholders in Jeddah International College to collect, consolidate and share accurate data. Furthermore, the partnership will introduce innovative initiatives through informative seminars, lectures, forums, conferences and launch internship programs at JLL for college students and graduates to learn data transparency from experts in the field.  

The Kingdom of Saudi Arabia has made a number of developments in recent years towards a more transparent real estate market with a focus on strengthening corporate governance, transparency and market data, further demonstrated by moving into the ‘Semi-Transparent’ category of JLLs Global Real Estate Transparency Index.* 

Jeddah International College (JIC) has welcomed the initiative and Dean Amro Taibah has said: “JIC feels privileged to enter into this collaboration with the leading real estate consultants worldwide as we at JIC are firm believers in the value of integration with relevant industries as well as introducing the practical experience into the classroom. At JIC we pride ourselves as being the first institution to offer a degree in property management as well as executive education programs in real estate finance in collaboration with the Harvard Graduate School of Design. The real estate industry in the Kingdome of Saudi Arabia is one of the largest industries that can benefit from continued R&D. A well planned built environment can offer leaps in societal transformation given that sustainable socioeconomic development and sensitive environmental planning is involved. JIC looks forward to positively impact the society through this promising joint venture”.

Commenting on the new MoU, Engr. Ibrahim AlBuloushi, National Director and Country Head of JLL Saudi Arabia said: “We are looking forward to a partnership with Jeddah International College that will work on ensuring increased transparency in the real estate sector in Saudi Arabia. Introducing college students and fresh graduates to accurate data collection and consolidation will in turn create a strong workforce equipped to ensure quality data and transparency across all sectors in the Kingdom. We are confident that this signing will further contribute to the economic development of the college as well as improve Saudi Arabia’s sentiment in the real estate market as a whole.” 

Engr. AlBuloushi added: “We have  collaborated with King Abdulaziz University, the Jeddah Chamber of Commerce & Industry, the Eastern Province Chamber of Commerce & Industry, the Makkah Chamber of Commerce & Industry and now Jeddah International College. We are fully committed to this market, and we’ll be working frequently with our partners to help the Saudi real estate industry become one of the leading markets in the region that are enabling transparency.”

Posted by : Saudi Arabia,Riyadh, Jeddah, Dammam, Meccca and Medina PR Network Editorial Team
Viewed 3304 times
PR Category : Real Estate & Retail
Posted on : Tuesday, February 20, 2018  3:32:00 PM UAE local time (GMT+4)
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories

 
 
Most Viewed Press Release posted in the last 7 days
Invictus & Olympéa Chapter 2: Enter the Legend [17614-Views]
Boss Bottled Oud Aromatic and Saffron: the New Enticing Fragrances [16215-Views]
Make Up for Ever Kicks-off Helwet Ramadan – Season 3 [13899-Views]
This Festive Season, it's all about gifting and loving [12948-Views]
Police Is the Official Eyewear in the Sony Pictures Film “Men in Blacktm: International” [12833-Views]
A Re-branded Global Innovations is thrilled to announce the launch of a new product at the upcoming ... [11361-Views]
Turkish Airlines records impressive Q1 passenger growth in the Middle East [10939-Views]
As if Made from One Piece: GROHE Offers Individual System Solutions for the Entire Work Area Around ... [10717-Views]
New Pampers Pure Protection Diapers contains Premium cotton and plant-based materials to give your ... [10574-Views]
Saint Honore [9984-Views]
Michael Kors Co-hosts the 10th Anniversary of the Annual Filmmakers Dinner [8950-Views]
Chloé Launches The New Cloud-shaped “rosie” Sunglasses [8536-Views]
Amazing Day 3 for Global Innovations at ATM 2019 [8249-Views]
Michael Kors Celebrates Old Bond Street Townhouse With a Series of Events [7970-Views]
Max Mara Resort 2020 Collection [7933-Views]
Successful Day 1 For Global Innovations At ATM 2019. [7851-Views]
Celebrities in Michael Kors Collection at the 2019 MET Gala [7314-Views]
Second Day of Global Innovations Attracts Innumerable Travel Enthusiasts from Different Regions at A... [7269-Views]
Sheikh Mansoor Bin Mohammed crowns Saudi Driving School as NAS Futsal Champions' [5367-Views]
Al Ain International Airport welcomes daily flights to Jeddah during Ramadan [5322-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories