Construction & Real Estate

Riyad Capital, Saudi Railway to launch $1.6bn real estate fund in Makkah

Riyad Capital, a leading investment manager, has entered into a deal with Saudi Railway to set up a SAR6 billion ($1.6 billion) real estate fund aimed at developing a mixed-use project based on the Transit Oriented Development (TOD) model on a 90,000 sq m area in Makkah. ...