Saudi facility management market surpasses $50bn, driven by smart cities

According to a report by Arab News… RIYADH: Saudi Minister of Municipalities and Housing Majed Al-Hogail affirmed that the Kingdom’s facility management market has exceeded $50 billion, amid the country’s urban expansion and major projects. Speaking during the opening of the third International Facility Management Conference and Exhibition 2026 in Riyadh, the minister said the sector represents a key pillar for maximizing asset value, improving urban efficiency, and building a globally competitive national industry, Al-Eqtisadiah complete report is on link below. Source: https://www.arabnews.com/business/saudi-facility-management-market-surpasses-50bn-driven-by-smart-cities-3002519