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

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,...