Sidra Capital’s Post

Alistithmar Capital and Ezdihar Real Estate team up to launch a $293 million property development fund, poised to reshape Riyadh's commercial landscape. 🔹 Strategic Partnership: Aiming to maximize investors' capital growth, the fund will develop a revenue-generating commercial office complex on a prime 103,000 sq. m parcel of land within King Saud University's premises. 🔹 Tailored Opportunities: CEO Khaled Abdulaziz Al-Rayes highlights their commitment to offering high-quality investment prospects, ensuring optimal returns in the ever-evolving real estate sector. 🔹 Customer-Centric Approach: Abdulmohsen Fawaz Al-Hokair, CEO of Ezdihar, emphasizes their dedication to providing unique investment opportunities aligned with customer expectations. 🔹 Continued Success: This partnership follows Alistithmar Capital's previous agreement with Safa Investment Co. to launch real estate funds, underscoring their commitment to driving growth in Saudi Arabia's property market. 🔹 Recognition: Forbes Middle East ranks Alistithmar Capital among the largest asset management firms in Saudi Arabia and the Middle East, with approximately SR32 billion in total assets under management. #RealEstateInvestment #PropertyDevelopment #FinancialAdvisory #CommercialRealEstate #RiyadhBusiness #InvestmentOpportunity #Entrepreneur

The Abu Dhabi Fund for Development (ADFD) has signed a loan agreement worth US$25 million with the Government of #Rwanda to finance the expansion of water transmission and distribution systems at Karenge water treatment plant in Rwamagana District.

Hattan Alsharif, Ph.D. recently shared insights with Asharq Business اقتصاد الشرق, highlighting the key growth drivers set to shape Saudi Arabia's residential market over the next five years. The discussion covered the significant role of international developers, the impact of foreign investments, and innovative financing solutions for the residential sector.   Watch the interview in Arabic here: https://cbre.co/3Bu0ry3   #CBREMENA #RealEstateInsights #SaudiArabiaRealEstate

Building one of the top destinations in the world

🚧 Saudi Arabia is committing $15 billion to infrastructure projects, including advancements in transportation and smart city initiatives. These investments are poised to enhance connectivity and modernize urban areas, creating new business opportunities. Discover how these developments can benefit your business. Repost to 📤 share with your network And 👣 follow SharkBx for more of similar insights. #Infrastructure #KSA #SmartCities

𝗥𝗼𝘀𝗵𝗻 𝗦𝗲𝗰𝘂𝗿𝗲𝘀 𝗦𝗔𝗥 𝟵𝗯𝗻 𝗖𝗿𝗲𝗱𝗶𝘁 𝗙𝗮𝗰𝗶𝗹𝗶𝘁𝘆 𝗮𝗻𝗱 𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁 𝗔𝗴𝗿𝗲𝗲𝗺𝗲𝗻𝘁 🚀 an article by Mubasher.Info معلومات مباشر 💳𝗖𝗿𝗲𝗱𝗶𝘁 𝗙𝗮𝗰𝗶𝗹𝗶𝘁𝘆: Roshn, a subsidiary of the Public Investment Fund (PIF), has secured a SAR 9 billion (approximately USD 2.4 billion) credit facility from a consortium of local and international banks. ✅𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁 𝗔𝗴𝗿𝗲𝗲𝗺𝗲𝗻𝘁: Roshn has also unveiled a development agreement with Retal Urban Development Company, a leading Saudi real estate developer. 🔎𝗣𝗿𝗼𝗷𝗲𝗰𝘁 𝗗𝗲𝘁𝗮𝗶𝗹𝘀: The credit facility will be used to finance Roshn's projects, including the development of a new city in Riyadh, which will feature residential units, commercial spaces, and community facilities. 🤝𝗣𝗮𝗿𝘁𝗻𝗲𝗿𝘀𝗵𝗶𝗽 𝘄𝗶𝘁𝗵 𝗥𝗲𝘁𝗮𝗹: The development agreement with Retal will see the two companies collaborate on the development of the new city, with Retal responsible for the project's master planning, design, and construction. ⏳𝗣𝗿𝗼𝗷𝗲𝗰𝘁 𝗧𝗶𝗺𝗲𝗹𝗶𝗻𝗲: The project is expected to be completed within the next 5-7 years, with the first phase set to be delivered within the next 3 years. 📈𝗘𝗰𝗼𝗻𝗼𝗺𝗶𝗰 𝗜𝗺𝗽𝗮𝗰𝘁: The project is expected to have a significant impact on the Saudi economy, creating thousands of jobs and contributing to the country's GDP growth. the article link: https://lnkd.in/gP6DxaVe #RoshnDevelopment #SaudiRealEstate #PIFInvestments

#DiscoverSaudi | Saudi Metro 🚇 The Kingdom of Saudi Arabia launched Riyadh Metro on November 27, 2024. The Riyadh Metro represents far more than a transportation network; it stands as a powerful symbol of Saudi Arabia’s dedication to pioneering technology and environmental sustainability. https://lnkd.in/dxE6xkTT #SaudiArabia #KSA #Saudi #saudinews #saudiarabianews #Riyadhmetro  #Riyadh Royal Commission for Riyadh City | الهيئة الملكية لمدينة الرياض #thesaudiboom #GigaProjects #SaudiVision2030 #InvestSaudi #GAFT Public Investment Fund (PIF) Federation of Saudi Chambers #SaudiBusinessCouncil

New and exclusive: Saudi Arabia is likely to cut billions of dollars in spending on some of its biggest development projects, and place other plans on hold, as the kingdom grapples with the scale of its vast economic makeover. A government committee led by the de facto Saudi ruler, Crown Prince Mohammed Bin Salman, is close to completing a sweeping review of mega projects including the sprawling desert development known as Neom, people familiar with the matter said, asking not to be identified as the information is private. Neom, which is being developed on the Red Sea coast, is expected to be allocated 20% less than its targeted budget for this year, the people said. Its plans to launch a new airline for the area are on hold, they said. Other developments being curtailed include Qiddiya Coast, an unannounced tourism and entertainment project in Jeddah on the Red Sea that had a potential budget of $50 billion at one point, according to the people. The cuts mark a shift in priorities for Saudi Arabia, which under its Vision 2030 plan to reshape the economy has announced projects costing an estimated $1.25 trillion. Lower oil prices, weaker-than-projected foreign investment and at least three more years of deficits in the national budget means it must now decide what to focus on first and at what pace. With Matthew Martin Zainab Fattah Fahad Abuljadayel Public Investment Fund (PIF) NEOM Qiddiya | القدية Diriyah Company l شركة الدرعية New Murabba Full story: https://lnkd.in/dJxEHWyi 

Saudi-listed Knowledge and Economic City (KEC) has announced a closed-ended real estate investment fund, partnering with Sidra Capital and Raseel Properties. The fund will focus on the SAR 1.04 billion ($277 million) Al Duha mixed-use project, featuring hospitality, residential, retail, and office spaces. KEC will contribute the land as an in-kind investment, and the project is set to launch in Q1 2025, with completion expected by Q1 2029. This initiative aligns with Saudi Arabia’s ongoing efforts to diversify its economy and promote investment in real estate. #KEC #RealEstateInvestment #AlDuhaProject #SaudiArabia #InvestmentOpportunities

The Al Ansar Hospital PPP – the first public-private partnership (PPP) hospital project in Saudi Arabia – was named the Middle East and Africa Social Infrastructure Deal of the Year at the 2024 Project Finance International (PFI) Awards. Learn more: https://lnkd.in/eySufmZe #mena #pfiawards #dealoftheyear