Business & Money | Monday 11 September, 2023 10:02 am

Emaar Properties aims to boost Saudi investments to keep pace with growth

Emaar Properties investments in Saudi Arabia must be accelerated to keep pace with the Kingdom’s growth and active movement in the real estate market, Asharq Business reported, citing Mohamed Alabbar, Founder and Chairman of the UAE-based real estate developer.   The company...

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Business & Money | Monday 11 September, 2023 9:59 am

Shomoul Holding says The Avenues - Riyadh worth more than SAR 16 bln

Shomoul Holding Co. revealed that The Avenues - Riyadh project, one of its mega real estate projects being developed in the Saudi capital, is worth more than SAR 16 billion. The Avenues – Riyadh project is strategically located in the north of Riyadh, overlooking the intersection of King...

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Business & Money | Monday 11 September, 2023 9:58 am

SAR 65 bln real estate projects launched on Day 1 of Cityscape Riyadh

The Cityscape Global Exhibition, which kicked off today, Sept. 10, in Riyadh, witnessed the launch of real estate projects worth around SAR 65 billion on the opening day.   ROSHN Group will have four strategic partnerships of over SAR 9 billion in the fields of construction and...

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Business & Money | Monday 11 September, 2023 9:55 am

TDF to develop The Ritz-Carlton Khobar

Tourism Development Fund (TDF) signed an agreement to finance and develop The Ritz-Carlton Khobar with RC Beach Real Estate Fund, managed by Blominvest as the first beach resort in the Eastern Province, Khobar. Al Fozan Holding and Mansour Bin Jumah & Sons Holding Co. (MBJ) with...

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Government | Monday 11 September, 2023 1:28 am

Saudi Arabia promising powerhouse in achieving global sustainable economy: Minister

Saudi Arabia's Minister of Economy and Planning, Faisal Al-Ibrahim, affirmed that the Kingdom is a promising global powerhouse that plays an important and influential role in achieving stability, development, and sustainable global...

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Business & Money | Sunday 10 September, 2023 4:38 pm

Roshn signs SAR 7.7 bln agreement with Chinese firm to build residential villas

The Roshn Group, one of the major projects of the Public Investment Fund (PIF), signed a partnership agreement with China Harbour Engineering Company to construct residential villas in the SEDRA and WAREFA projects in Riyadh, with a total value of up to SAR 7.7. bln   Roshn...

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Business & Money | Sunday 10 September, 2023 2:56 pm

Retal launches real estate projects worth over SAR 5 bln

Retal Urban Development Co. launched today, Sept. 10, new real estate projects worth more than SAR 5 billion, including the Ritz-Carlton Hotel in Al-Khobar. The announcement was made at the Cityscape Global exhibition, which takes place in Malham, north of the capital. ...

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Business & Money | Sunday 10 September, 2023 2:33 pm

NHC unveils new real estate projects worth SAR 42 bln

National Housing Co. (NHC) announced, during the first day of Cityscape Global exhibition, three luxury projects in Al Forsan and Khuzam suburbs, which provide 86,000 housing units with a value exceeding SAR 42 billion.   An agreement was signed for the establishment of a new...

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Business & Money | Sunday 10 September, 2023 2:32 pm

From Icon to Emblem: Riyadh Front is Now Re-envisioned as ROSHN Front

Saudi Arabia’s leading national real estate developer and PIF-funded giga-project, has announced a significant step in its evolution toward becoming a multi-asset real estate developer: the rebranding of the iconic Riyadh Front as the all-new ROSHN Front.Issuing a press release on the occasion,...

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Business & Money | Sunday 10 September, 2023 1:29 pm

King Salman Park launches SAR 4 bln fund

The King Salman Park Foundation (KSPF) announced the launch of a SAR 4 billion real estate development fund for King Salman Park. The fund will focus on developing the first real estate investment inside the park, according to the Saudi Press Agency (SPA). The private sector will manage...

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