Real Estate Balance Program Wins Global Award at Smart City Expo World Congress in Barcelona

The Real Estate Balance Program (Tawazoun), supervised by the Royal Commission for Riyadh City (RCRC), won first prize in the Infrastructure & Building Award category at the World Smart City Awards 2026. The awards were presented during the Smart City Expo World Congress in Barcelona, Spain, from November 3 to 5, amid competition among 533 entries from 68 countries.

 The win recognizes the program’s innovative urban solutions to enhance balance in Riyadh’s real estate market, increase the supply of residential land, and expand homeownership opportunities for citizens by providing 40,000 residential land plots.

 The commission is participating in the congress to showcase the capital’s experience in urban development and digital transformation, including the RCRC Open Data Portal, digital twin applications, artificial intelligence, public transport, traffic management, and the Green Riyadh program.