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مباشر
Al-Othaim Investment establishes new real estate arm with 16 bn riyals
Alujain Abdullah Al Othaim Investment Company announced the launch of "Al Othaim Real Estate Development" to develop real estate projects in the Saudi market, with investments exceeding 16 billion riyals, including around 8,000 residential, commercial, hotel, and entertainment units. The company will commence its first project in Dammam under the name "The UO Residence" and plans to expand its activities to other cities over the next two years, developing projects that suit the needs of each city. This move aims to strengthen the group's expansion in the real estate development sector and execute projects with components that vary according to the location of each project.
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