logo
Roshn in deal with Ajdan to build 113 villas in Makkah

Roshn in deal with Ajdan to build 113 villas in Makkah

Trade Arabia22-04-2025
Roshn Group, the kingdom's leading multi-asset class real estate developer powered by Saudi wealth fund PIF, has announced that it has signed a sale and purchase agreement with Ajdan Real Estate Development Company for the construction of 113 villas under its Al Manar project in Makkah.
The villas will cover a land area of ​​32,921 sq m are is being set up by Roshn in a bid to boost integrated residential development to meet the needs of various segments of society.
Almanar is Roshn's first venture in Makkah and was launched in April last year. Located at the city's western gate, between the old and new expressways linking the city to Jeddah, it is 20 minutes away from the main mosque and under an hour from King Abdulaziz International Airport. Phase One features 4,149 residential units that will house more than 17,000 people on a footprint area of 2.5 million sq m.
Ideally situated at Makkah's Western Gate, between the old and new expressways linking the city to Jeddah, Almanar community is exceptionally well-connected.
The community features the rich and vibrant array of amenities signature to Roshn Group developments, readily accessible from every home on walkable living streets, including, retail and commercial centers schools, and both local and Jumaa mosques, it added.- TradeArabia News Service
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Classera Signs Major Strategic Agreements in Damascus in Presence of Syrian President and Saudi Minister of Investment
Classera Signs Major Strategic Agreements in Damascus in Presence of Syrian President and Saudi Minister of Investment

Syyaha

time6 hours ago

  • Syyaha

Classera Signs Major Strategic Agreements in Damascus in Presence of Syrian President and Saudi Minister of Investment

In a significant step to strengthen Saudi-Syrian economic cooperation and accelerate reconstruction and digital transformation, Classera, the global leader in smart learning solutions, has signed a series of strategic agreements with the Government of the Syrian Arab Republic, represented by the Syrian Minister of Communications and Technology and the Syrian Minister of Health. The agreements were signed on the sidelines of the Saudi-Syrian Investment Forum, hosted in signing ceremony was attended by His Excellency Mr. Ahmed Al-Shar'a, President of the Syrian Arab Republic, His Excellency Eng. Khalid bin Abdulaziz Al-Falih, Saudi Minister of Investment, and Eng. Mohammed bin Suhail Al-Madani, Founder and CEO of Classera, along with senior officials and business leaders from both agreements align with Saudi Arabia's Vision 2030, which emphasizes enabling the private sector to lead development initiatives in partner nations and leverage its expertise in post-crisis reconstruction to Forbes, the forum announced investments totaling SAR 24 billion across 47 agreements, with participation from over 150 executives and representatives of leading Saudi companies, making it one of the most significant milestones in the history of bilateral economic agreements with Classera aim to transform education and training ecosystems in Syria, utilizing cutting-edge technologies across K-12 education, higher education, and vocational training, as well as the government and healthcare sectors. Key initiatives include:Deploying advanced e-learning platforms to ensure equitable access to education in remote national capabilities in digital and educational online digital academies to equip youth with digital skills and foster healthcare workforce readiness through unified digital platforms for training, licensing, and upskilling healthcare on this landmark collaboration, Eng. Mohammed bin Suhail Al-Madani, CEO of Classera, stated:'We are honored to bring our global expertise in digital learning and training to support Syria and its people. We firmly believe that investing in human capital through advanced technologies is the fastest path to restoring Syria to its rightful place.'The agreements will also introduce Classera's expertise from over 40 countries into the Syrian market, including AI-powered learning management systems, digital training solutions, educational analytics, and intelligent learning one of the world's leading EdTech companies and the largest in the Middle East, Classera operates in over 40 countries worldwide and has earned numerous international accolades, including:Microsoft Education Global Partner of the YearThe BETT Award for InnovationThe GESS Award for Educational Innovation In addition, Classera has attracted major investments from the Saudi Public Investment Fund (through its investment arm, Sanabil) and top Silicon Valley venture capital firms, reinforcing its position as a global pioneer in smart learning.

Saudi Arabia Grants Expat Workers 60 Days To Avoid Being Classified As Absconders
Saudi Arabia Grants Expat Workers 60 Days To Avoid Being Classified As Absconders

Gulf Insider

time3 days ago

  • Gulf Insider

Saudi Arabia Grants Expat Workers 60 Days To Avoid Being Classified As Absconders

Expatriate workers in Saudi Arabia will now have 60 days to adjust their status before being classified as absconders, under new rules introduced by the Ministry of Human Resources and Social Development, Saudi Press Agency (SPA) reported. The changes, implemented through the ministry's Qiwa platform, reshape how employers can report foreign workers as absent, part of a broader effort to formalise and digitise labour relations in the Kingdom. Under the revised system, an employer may file an absconding report only if the worker's residency permit, or Iqama, is valid for at least 60 days and the employee no longer has an active contract. Once a worker's status is changed to 'disconnected from work,' Qiwa gives them 60 days to either transfer to another employer, leave the country, or sign a new contract with their current company. If no action is taken within that period, the platform will automatically mark the worker as 'absent from work' and remove their name from the company's records, triggering notifications to both the Human Resources and Interior ministries. The system also now terminates contracts automatically once the notice period ends, regardless of whether the separation was initiated by the employer or the employee. Qiwa — a digital portal designed to streamline labour-related services — also provides free employment certificates. Current employees can download a salary certificate reflecting their status, while former employees can request a service certificate documenting previous roles. These official documents, the ministry says, are intended to strengthen résumés and improve job prospects in the Saudi labour market.

Bahrain Explores Saudi Public Space Model
Bahrain Explores Saudi Public Space Model

Daily Tribune

time4 days ago

  • Daily Tribune

Bahrain Explores Saudi Public Space Model

TDT | Manama Bahrain is exploring how public art can reshape its cities, drawing lessons from a leading Saudi initiative that fuses architecture and cultural identity. The Director General of Muharraq Municipality, Engineer Khalid Ali Al Qalaf, visited the headquarters of Al Fozan Group in Saudi Arabia to study the 'Majsam Watan' initiative - a national competition known for transforming urban spaces with symbolic architectural sculptures. Urban Identity During the visit, Al Qalaf praised the programme's role in strengthening national identity and enhancing the aesthetic and cultural fabric of public spaces. He said Bahrain is keen to adopt similar artistic and civic initiatives that reflect local heritage while promoting sustainability and best-in-class urban standards. 'Expanding regional cooperation and sharing experiences with pioneering institutions in urban and artistic development supports our goals for sustainable development,' Al Qalaf said. Civic Partnerships The Saudi initiative, launched by Al Fozan Social Foundation, was presented in detail by Engineer Mohammed Al Ghunaimi, Operations Director at Majsam Watan. He outlined how the initiative engages designers and engineers to create culturally resonant structures, many of which now define public spaces in several Saudi cities. According to Al Ghunaimi, Majsam Watan stands as a successful model of public-private collaboration, providing a platform for creative professionals to celebrate national identity through architecture and art. The visit signals Bahrain's intent to integrate art and identity in future civic projects.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store