SAUDI STEALS THE SHOW AT CANNES

Saudi giga-projects stole the show at this year’s ‘Le Marché International des Professionnels de L’immobilier’ (MIPIM) 2023, the key global real estate event held on the French Riviera, in Cannes, focused on sourcing capital for real estate’s core and emerging asset classes, hosting more than 23,000 delegates and 2,400 exhibiting businesses from over 90 nations.

Micromobility and local community infrastructure headlined the debate on the second day, which was driven by ROSHN Group CEO David Grover, who explained: “We have a big role to play, not just as ROSHN, but as an enabler of jobs, GDP, value and growth.

“The use of micromobility is important for us; we want to create a wider environment where people can live, work and play in the same zone, to give them the option to avoid getting into the traffic of the city every day.”