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