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Dubai-based Stake launches real estate development fund in Saudi
The fund will offer investment prospects in a Riyadh-based project
India’s Jindal Saw to set up USD 13 mn worth of steel pipes projects in the Kingdom
PLUS: Cenomi Centers receives a long-term credit rating of A- from Tassnief
First Avenue ups Shariah loan with Alinma to SAR 320 mn
ALSO: Scientific & Medical renews SAR 284 mn Shariah loan
Naif Alrajhi Investment and Aljazira Capital to launch a SAR 1.7 bn real estate investment fund
The fund will focus on developing two real estate projects in Riyadh and Jeddah.
Sumou partners with NHC for SAR 680 mn villa project
The project’s construction will take 42 months to complete
NHC taps Retal to develop new homes in Al Khobar under SAR 1.4 bn agreements + Osus launches SAR 2 bn Osus Eye
The agreement extends for 42 months
Lunate, Brookfield launch USD 1 bn JV to invest in Saudi, UAE real estate
The JV will invest across Saudi and the UAE, focusing on Dubai and Abu Dhabi
Naif Alrajhi + TGCC to collaborate on Saudi construction projects
The partnership highlights growing foreign investment amid the Kingdom’s booming real estate market
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