AWJ Real Estate launches Rabwa residential project

Updated 13 March 2019

AWJ Real Estate launches Rabwa residential project

AWJ Real Estate launched on Monday the Rabwa project in Riyadh, in the presence of Minister of Housing Majed bin Abdullah Al-Hogail. The ceremony was attended by several officials from both the government and private sectors in the field of real estate, and members of the press.

Riyadh Ahmed Al-Thaqafi, CEO of AWJ Real Estate, a subsidiary of AWJ Holding, thanked Al-Hogail for attending the launch event.

“Rabwa project is a unique example of major projects in Riyadh and the Kingdom. It is strategically located in the heart of the capital city. It includes a variety of possibilities, including commercial use, of various types and sizes, offices, entertainment, sports and social, as well as residential use, which will comprise the largest part of the project, reflecting the finest and best models of urban planning,” he said.

Al-Thaqafi highlighted AWJ’s keenness to create partnerships with the public sector to develop new entities in the real estate sector and support its business activities in the Kingdom. 

During the ceremony, AWJ Real Estate signed several agreements with construction and real estate development companies, including Fawz International Contracting Company, Mohammed Al-Ojaimi Group, Ansab General Contracting Company, Maskan Real Estate Development and the Saudi Entertainment Projects Company.

Fine watchmaking expo returns to Saudi Arabia

Updated 19 March 2019

Fine watchmaking expo returns to Saudi Arabia

Annual horology exhibition Salon des Grandes Complications (SDGC) is returning to Saudi Arabia for the third year in a row, with shows in both Jeddah and Riyadh. The event will showcase the latest masterpieces from some of the most celebrated watchmakers in history. The fine watchmaking exhibition will kick off in Jeddah at the Hilton Hotel April 8-11, and then move to Al-Faisaliah Hotel in Riyadh April 15-18.

Salon des Grandes Complications debuted in Dubai in 2014, later branching out to Saudi Arabia due to high demand and the appreciation of exceptional timepieces in the Kingdom. 

Saudi Arabia is a key Middle Eastern market for watchmakers — last year saw a year-on-year increase in the import of Swiss watches by 6 percent, and this figure is only expected to increase with the introduction of new policies. 

The capital city of Riyadh is home to over 10,000 watch collectors while Jeddah on the other hand, is Saudi Arabia’s commercial hub, with almost as many horological aficionados estimated to live there. 

Designed to offer a platform for Maisons and enthusiasts to convene, Salon des Grandes Complications creates opportunities for knowledge to be exchanged and collectors to discover — often for the first time in the region — limited editions, the newest launches and unique rarities. 

Among the international brands that will be present at the 2019 edition are Bell & Ross, Blancpain, Breguet, Breitling, Fabergé, Girard-Perregaux, Greubel Forsey, Harry Winston, Montblanc, Rudis Sylva, TAG Heuer, Ulysse Nardin and Zenith. 

With the introduction of several new brands, there will be a more diversified display of timepieces, from innovative novelties to classic creations, grand complications and high jewelry timepieces. Also new to this year’s edition will be a private majlis (a gathering place for social events), where special talks will be hosted by various brands and experts will share their personal insights into modern day horology. 

SDGC has successfully attracted over 80 international Swiss, German and Italian brands during the past five years.

The event will be held alongside the 10th annual Jewellery Salon 2019, a well-established jewelry exhibition in the Kingdom.

SDGC 2019 will be held in partnership with Bentley Motors and with the support of the Embassy of Switzerland in Saudi Arabia.

The event will be open free of charge to all professional visitors from 4 p.m. to 11 p.m.