Alijarah Holding Company is expanding its operations into Saudi Arabia with the establishment of a new subsidiary

Alijarah Holding Company is expanding its operations into Saudi Arabia with the establishment of a new subsidiary, Alijarah Al Mubtakrah Al Aqariya. This move is part of the company’s broader strategy to tap into the real estate market across the Gulf countries. The subsidiary will focus on real estate development and investment opportunities in the Kingdom, beginning with the purchase of land in Jeddah’s Al-Rawdah district.

The CEO of Alijarah Holding, Mr. Hamad Al-Jamali, highlighted the strategic decision to invest in Saudi Arabia due to its promising market conditions, including a strong urban development boom and high purchasing power. This is aligned with the company’s goal of achieving high returns for its investors. Saudi Arabia’s diverse and growing economy, along with its demographic profile of productive youth, presents a fertile ground for investments not only in real estate but also in sectors like healthcare, education, and retail.

Alijarah Holding has over 21 years of experience in real estate investment and development, with notable projects in Qatar, including the development of infrastructure in Lusail. The company aims to continue exploring and evaluating investment opportunities in real estate to maximize shareholder value while managing associated risks.