Wednesday 23 October 2019
 
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Sreco awards $293m contract for giant Saudi project

Saudi Real Estate for Infrastructure Company (Binyah) has won a SR1.1-billion ($293 million) infrastructure contract from the kingdom's leading developer Al Akaria Saudi Real Estate (Sreco) for its giant Al Widyan project near capital Riyadh

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Sreco inks partnership deal with Saudi PSS

Saudi-based Al Akaria Saudi Real Estate Company (Sreco) said it has signed a framework agreement with the Presidency of State Security (PSS) to provide real estate services for all its projects in the kingdom. PSS is a Saudi Arabian sec

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Al Akaria Saudi Real Estate net profit up 46.2pc

Al Akaria Saudi Real Estate Company (Sreco), one of the largest publicly listed real estate developers on the Saudi stock exchange (Tadawul), has posted SR30.27 million ($8.23 million) net profit for the second quarter, up 46.16 per cent over la

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Sreco to build integrated world-class city in Saudi Arabia

Leading developer Al Akaria Saudi Real Estate Company (Sreco) has announced plans for a 7-million-sq-m  integrated world-class city 'Al Widyan' in capital Riyadh. Strategically located in Riyadh’s northern growt

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Saudi real estate developer Sreco names new CEO

Al Akaria Saudi Real Estate Company (Sreco), a leading property developer in the kingdom, has appointed Mamdouh Saud Al Sharhan as its new chief executive officer with immediate effect. He takes over the top post following the res

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Saudi developer Sreco eyes $640m capital hike

Al Akaria Saudi Real Estate Company (Sreco), a leading real estate developer in Saudi Arabia, said it has won approval from the company's board to double its share capital from SR1.2 billion ($320 million) to SR2.4 billion ($640 million).

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