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Asharq Al-Awsat
Asharq Al-Awsat
Business
Riyadh - Asharq Al-Awsat

Saudi Housing Ministry Launches Kingdom’s First Metaverse Platform

The NHC has developed the new service using latest technologies and keeping pace with global trends. (Asharq Al-Awsat)

The Ministry of Municipal, Rural Affairs and Housing announced the launching of Sakani Metaverse, the first platform of its kind in the Kingdom, in a step that aims at exploiting the interactive technology to raise the quality of life.

The announcement came during the ministry’s participation in the LEAP 2023 conference, which concluded in Riyadh on Thursday.

Eng. Rayan bin Abdullah Al-Aql, head of Individual Solution Sector at National Housing Company (NHC), said that Sakani Metaverse would expand the services provided to the beneficiaries, and improve their experience.

The platform will allow real estate buyers to view the properties through the Metaverse, without the need to conduct field visits.

The NHC has developed the new service using latest technologies and keeping pace with global trends.

Al-Aql noted that Sakani Metaverse is an interactive technology that would help in raising the level of quality of life, by showing the beneficiaries the various housing options, and providing new horizons for cooperation and investment with partners from real estate developers and brokers.

The second edition of LEAP - the largest technological conference of its kind in the world - was held this year in Riyadh under the slogan, “Towards New Horizons”.

More than 700 experts, scientists and specialized companies from around the world discussed the latest developments in virtual reality, creative economy, edutech, retail, Fourth Industrial Revolution, future energy, smart cities, fintech, and healthtech.

Meanwhile, the Ministry of Municipal, Rural Affairs and Housing signed agreements to improve urban planning services and develop infrastructure in cities, during its participation in an exhibition held on the sidelines of LEAP 2023.

The agreements aim to strengthen governance and exchange experiences between the government and private sectors, which will reflect positively on the urban landscape and raise the quality of life of residents.

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