Real Estate Project Development in Saudi Arabia
Al Saedan is one of the leading real estate companies in Saudi Arabia. They are known for their high-quality and unique designs. Al Saedan works on numerous projects across Saudi Arabia.
A Leading Real Estate Company in Saudi Arabia
Al Saedan Real Estate is involved in land development, residential real estate, and real estate development. Each of these sectors has different competitors. Many factors are involved in making Al Saedan a leading real estate company. Al Saedan prides itself on being well organized and able to transfer all their experience from generation to generation. They know that a name isn’t enough to be successful in this market, like it was 20 years ago. Al Saedan understands that the competition is growing and the market is changing, and therefore, they must change with the times as well.
Al Saedan: Land in Saudi Arabia
Dr. Bader Ibrahim Ibn Saedan, General Manager of Al Saedan Real Estate, discusses land issues in the country. The government in Saudi Arabia, with the authorization from the King, gives land to the people or to the government for public projects. Transferring land is a freehold transfer of ownership. GCC citizens can buy in Saudi Arabia with regulations, except for Mecca and Medina, which can only be sold to Saudi Arabians.
Housing in Saudi Arabia: Housing is the Driver of Saudi Real-Estate Sector
Dr. Bader Ibrahim Ibn Saedan, General Manager of Al Saedan Real Estate, describes housing in Saudi Arabia. He states that the country “lacks hotels.” He sees many hotels being constructed at the moment, including 5-star and 4-star hotels. The market will be saturated in about two years.
Al Saedan Real Estate: Top Real-Estate Company in Saudi Arabia
The real estate cycle lasts about 7-10 years. Dr. Bader Ibrahim Ibn Saedan, General Manager of Al Saedan Real Estate, discusses how they deal with the crises that occur in the real estate market. The family has been in the business for three generations. Al Saedan has survived a complete cycle and they know what to do to prepare for the crisis. More importantly, they have transferred that experience for the generations after to ensure continued success.
Cooperation between Saudi Arabia and Egypt: Success of SECON
“SECON is owned 50% by the Saudi government and 50% by the Egyptian government. It is and will continue to be a very good example of cooperation between these two governments and of cooperation between two Arab countries. The continuous support and help from Saudi Arabia to Egypt has been fantastic,” said Eng. Darwish Ahmed Hassanin, CEO of SECON.
The Saudi Egyptian Construction Company (SECON): Real estate investments in Egypt
“Both our real estate and our tourism investments are very important for us. Egypt is an excellent location for both areas of investment.”
The Saudi Egyptian Construction Company (SECON) to launch new real estate projects in Egypt in 2015
The main capital of SECON was recently increased by 243 million US dollars and an agreement was signed between the representatives of the two governments in the presence of the Egyptian Prime Minister Eng. Ibrahim Mahlab.
Real estate investments in Egypt | The Saudi Egyptian Construction Company
“The Saudi Egyptian Construction Company was established in 1975 by the Saudi and the Egyptian governments. It is split equally by both parties. The company was established for real estate investment in Egypt. Since 1975, we have been making excellent investments and we have been producing different kinds of apartments with the required standards for Egyptians and for Arabs,” explains Engineer Darwish Ahmed Hassanin.
Invest in Saudi ArabiaSaudi Arabia Capital MarketsSaudi Arabia EconomySaudi Arabia InvestmentsSaudi Arabia Stories
Saudi stock market opens up to foreign investors
The Saudi Arabia’s cabinet authorized the Capital Market Authority to allow foreign investors to buy and sell stocks on the Saudi stock market.