Posts in category: Business

In Riyadh west , the future of comfortable housing and the western gateway to Riyadh (Almosa Oasis)

In the Tuwaiq neighborhood (Al-Mosa Oasis), the bright future of western Riyadh, near to Prince Mohammed bin Salman Gardens and  AL-Qiddiya project.

a project contract was signed for the Mosa AbdulAziz Al-Mosa and Sons Holding Group and ITQAN Fund to establish (Tuwaiq Real Estate Fund) to develop its first residential project on an area 46 thousand square meters in ALMosa Oasis in Tuwaiq neighborhood, with a market value exceeding 326 million riyals.

With a qualitative partnership between Al-Mosa Group, ITQAN Capital Fund, and the development of Aikon Real Estate Development Company Ltd., a residential units were designed on five distinct blocks with a spacious garden in the middle, on 100 plots of land, with a total number of 400 residential units classified in many unique designs, where floors are distinguished The villas have a unique architectural design that cleverly exploits the open spaces interconnected internally and externally to give more flow to the spaces and provide many options in last finish and furniture .

ALL residential units are come with spacious basement parking that cover the needs of each residential unit in an unusual way. The new and different designs also give residents spacious spaces with more than 6 different models of residential units between 360 m2 and 215.50 m2 and 100 m2 for the upper annex on the third floor of each villa.

Anticipating the future of real estate in the Riyadh city, it will be a demand and target for housing and investment, and to activate the responsibility, and share their interests and aspirations in line with the objectives of Vision 2030, and to open new horizons in real estate products that are available to all in line with their desires, framework and needs, The group exclusively sponsors the “Real Estate Roadmap 2030” initiative, in cooperation with the National Center for Social Responsibility and the Ministry of Housing.

The initiative aims to enable and present real estate plans and solutions for real estate companies and real estate developers to receive the population increase in 2030 in the city of Riyadh, and how to manage residential complexes, develop land and provide real estate solutions and products that contribute to accommodating this number of residents, especially after the assurances of His Highness, Crown Prince Muhammad bin Salman predicted that the city of Riyadh will have a population of 16 to 20 million by 2030.

Mosa bin Abdul-Aziz Al-Mosa Real Estate Holding Group has participated in the Saudi-Sudanese Economic Forum as a strategic sponsor, which was organized by the Council of Saudi Chambers on April 13 and 14, 2013, in the capital Riyadh, in cooperation with the General Union of Sudanese Employers and with the wide participation of representatives of the public and private sectors in the two countries.
While the Secretary General of the Council of Saudi Chambers, Eng. Khalid Al-Otaibi, indicated that the forum comes within the framework of strengthening and activating economic relations in its commercial and investment sides between the Kingdom and Sudan, as the forum is one of the recommendations of the Saudi-Sudanese Joint Committee in its last session. Stressing that the forum aims to clarify the components and investment opportunities available in Sudan, and to discuss aspects of the existing and expected partnership between the business sectors in the two countries, in addition to working on overcoming the obstacles facing some Saudi investors in the sisterly Republic of Sudan.

Al-Otaibi pointed out that the forum represents one of the mechanisms that the two sides rely on in pushing trade and investment relations between the two countries to further progress and prosperity in the coming years, pointing to the efforts of the Saudi-Sudanese Business Council, which is chaired by the Saudi side, Shaikh Saleh Kamel, and its role in developing these relations to a wider space that meets the aspirations of the business sectors in both the Kingdom and Sudan and serves the common interests of the two brotherly countries and peoples.
It is expected that the sessions of the forum will address investment and trade opportunities available in Sudan and the general policies related to that, along with a presentation of Saudi investment experiences in Sudan. In addition to workshops, an exhibition and meetings between Saudi and Sudanese businessmen to introduce the projects available in Sudan.
It should be noted that the volume of trade exchange between the Kingdom and Sudan amounted to 3.42 billion riyals in 2011. While livestock (sheep, goats, cows, and camels) are the Kingdom’s most important imports from Sudan, the most important commodities that the Kingdom exports to Sudan include chemical, plastic and paper materials.

02-12-2020

Within the plans of Mosa Bin Abdul-Aziz Al-Mosa and Sons Real Estate Holding Group, to keep pace with digital transformation and digitization of business, which is one of the goals of the Kingdom’s Vision for 2030, the group signed a contract for the supply and installation of the Microsoft Dynamics 365 Enterprise Resource Planning System, which is one of the best, most intelligent and flexible global technology solutions, in cooperation with “The First System” company for information technology, in order to cover all the operations of the businesses and departments of the group, with the aim of benefiting from innovative services and solutions that would move the group to advanced stages in its digital journey.

The signing ceremony was attended by the executives and directors of departments at Musa bin Abdul-Aziz Al-Mosa and Sons Real Estate Holding Group.

11- May – 2015
The real estate market in Saudi Arabia recently witnessed the signing of an agreement between the Saudi Global Investment House (Saudi Global) and Mosa Abdul-Aziz Al-Mosa and Sons Group to launch a real estate fund in the Saudi market, provided that Saudi Global will manage the fund and Mosa Al-Mosa Group will assume the duties of the fund developer.
The agreement was signed by Mosa bin Abdul-Aziz Al-Mosa, Chairman of the Board of Directors of Mosa bin Abdul-Aziz Al-Mosa and Sons Group, and on behalf of Saudi Global, the CEO Khaled bin Saleh Al-Sorayai.
This agreement aims to invest in income-generating real estate projects in a number of cities in the Kingdom by offering a real estate fund in the Saudi market, provided that Saudi Global will manage the fund and the Mosa Abdul-Aziz Al-Mosa and Sons Group, will assume the duties of the fund developer. The Saudi market is full of investment opportunities in the real estate sector, and through this agreement, focus will be placed on providing real estate units in sectors and regions with high demand and scarcity of supply to contribute to bridging the gap between supply and demand.
On this occasion, Mosa bin Abdul-Aziz Al-Mosa, Chairman of Mosa Abdul-Aziz Al-Mosa and Sons Group said, “We are happy to partner with Saudi Global, which is an important step in providing rewarding real estate opportunities for investors that meet the needs of the real estate market in the Kingdom, whether residential, commercial or industrial sector. Saudi Global’s experience in asset management, especially in managing investment funds, will contribute greatly to the success of this cooperation by attracting the necessary capital and managing the fund professionally.
For his part, Khalid Al-Sorayai, CEO of Saudi Global, said, “This agreement is the first of cooperation between the two companies to offer other investment and real estate products in the future. Our partnership with the Mosa Abdul-Aziz Al-Mosa and Sons Group and its experience in the real estate market in the Kingdom will definitely be an added value in accessing the best available real estate opportunities.”