El Attal Holding collaborates with Saudi Housing Ministry for real estate project in Riyadh

Updated 5/20/2024 8:18:00 AM
El Attal Holding collaborates with Saudi Housing Ministry for real estate project in Riyadh

Arab Finance: El Attal Holding will develop a real estate project, in partnership with the Saudi Ministry of Housing, the company’s Chairman Hamad El Attal told Asharq Business.

Located in Riyadh, the new project will feature 1,500 residential units, El Attal revealed.

Moreover, he expects further details on the project to be unveiled in the third quarter (Q3) of this year.

The project’s construction work is set to kick off in Q4 2024, El Attal pointed out.

He also added that the Saudi Ministry of Housing will own a majority stake in the project.

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