Mosa Al Mosa Group announced the signing of an agreement to launch the "Areeb Emdad Real Estate Fund" in partnership with Areeb Capital. With an investment value of SAR 1 billion, the fund aims to develop an integrated logistics services city in a strategic location in southern Riyadh.
This milestone comes as part of a series of strategic alliances between the Group and Areeb Capital, which witnessed the signing of 3 agreements with a total value approaching SAR 3 billion. The logistics project targets building modern infrastructure and advanced facilities that keep pace with the capital’s urban expansion while meeting the rising demand for logistics, supply chain, and distribution centers.
This agreement reflects Mosa Al Mosa Group’s commitment to expanding into promising sectors and diversifying its investment portfolio, directly contributing to reinforcing Saudi Arabia’s position as a global logistics hub and driving the private sector’s role in achieving the objectives of Saudi Vision 2030.
