
Saudi Real Estate Company (Al Akaria) was established in 1976 by Royal Decree and is the first Saudi joint-stock company operating in the real estate development sector in the Kingdom. The company develops residential, commercial, and mixed-use projects and is listed on the Saudi Exchange (Tadawul) under the ticker symbol 4020.
With a paid-up capital of SAR 3.75 billion, Al Akaria is 64.57% owned by the Public Investment Fund (PIF), while the remaining 35.43% is held by other shareholders, none of whom individually holds more than 5%.