Sunday 24 March 2019

Al-Raya opens new branch in Saudi Arabia

KUWAIT, July 18, 2018

Kuwait-based Al-Raya United Company for Real Estate Development recently opened a branch in Madinah, Saudi Arabia.

CEO Jassim Al Fajji said that the expansion in the kingdom comes within Al-Raya’s strategic plans as well as Saudi Arabia’s 2030 strategic plan that focus on diversifying and developing non-oil sectors and creating more job and investment opportunities.

Al Fajji added that Al-Raya operations currently enjoy considerable trust in Saudi Arabia and steadily head towards an accelerated boom. “We are sure that Saudi market promises a great deal of success and ensures good investment revenues under a wise leadership. This expansion will undoubtedly help develop the kingdom’s economy as well,” Al-Fajji underlined.

Notably, Al-Raya operates a number of hotel projects in Saudi Arabia including Sky Tower Hotel in Makkah and Nusk Al-Madinah Hotel, both receive considerable numbers of guests thanks to their strategic locations. Both are located a few steps away from the Prophet (PBUH)’s mosque in Madinah and the Holy mosque in Makkah.

Al-Raya has expanded its strategic services to strengthen its operations across a number of branches in the Middle East and Africa, including: Al-Raya United Company, a Kuwaiti-Egyptian company in the Arab Republic of Egypt, Al-Raya United Company Branch of Saudi Arabia, Jaddarah Hotel’s Management and Operation in Saudi Arabia and Al-Raya United Turkish Company, a Turkish real estate company. – TradeArabia News Service

Tags: Saudi Arabia | real estate | Al-Raya |

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