Construction & Real Estate

Retal expands into Bahrain with 700-unit Bilaj Al Jazayer project

Saudi-listed Retal Urban Development Company has signed a partnership with Edamah, the real estate arm of Bahrain's sovereign wealth fund Mumtalakat to enter the kingdom’s real estate market through a mixed-use development at Bilaj Al Jazayer featuring more than 700 residential and retail units. ...

Construction & Real Estate

Retal Urban wins Saudi CMA approval for 11pc capital hike

Saudi-based Retal Urban Development has announced that it has secured approval from Capital Market Authority for boosting its capital to SAR555 million ($146.7 million). This 11% capital hike is aimed at acquiring a strategic 47.5% stake in Ajdan Real Estate Development Company. ...

Construction & Real Estate

Retal unit lands contract for Al Khobar business project

Saudi Arabia's Retal Urban Development has announced that its subsidiary Building and Construction Company has secured a key contract from associate Remal Park Fund to carry out design and construction works for the Remal Business Court project in Al Khobar. ...