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Acwa Power-backed firm to develop SAR 2.5 bn desalination plant
PLUS: Balady Poultry to embark on a SAR 1.1 bn expansion plan
Sedco Capital, Sumou Investment to launch SAR 8 bn real estate funds
The funds will target mixed-use and infrastructure projects across four cities
Umm Al Qura for Development to go public on Tadawul
The IPO will initially be limited to institutional investors
Sumou + Al Jazira to establish real estate fund
The new fund will acquire and develop land in Riyadh, Dammam, and Khobar
NHC signs SAR 30 bn agreements at Real Estate Future Forum
Saudi Arabia recorded SAR 27 bn in real estate sales in 2024
Foreign investors can now buy shares of listed companies with real estate assets in the holy cities
They are limited to a 49% maximum stake
Asir is getting eight new road projects worth SAR 752 mn
PLUS: First Avenue offloaded two properties to the La Perle Real Estate Fund
Amerigo Vespucci comes to Jeddah
PLUS: Investors + CEOs are bullish on this year’s growth prospects
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