24 Hrs
الاقتصادية
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الاقتصادية

2026-08-14T17:52:46.069Z

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Saudi-US alliance to invest 3B riyals

Saudi-US alliance to invest 3B riyals

Saudi companies "Skail" and American "Relitd Fund Management" are planning to execute real estate projects worth up to 3 billion Riyals in Saudi Arabia, in collaboration with a government entity, with the aim of developing residential and luxury projects. The plans include a residential project valued at 500 million Riyals in Riyadh, featuring around 275 units, with an emphasis on quality design and diverse services. The partnership focuses on capitalizing on the real estate growth in Saudi Arabia, with "RFM," which currently has $13 billion in real estate assets, aiming to deliver high-quality projects that combine local and international expertise.

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