NCB Capital launches Pan European Real Estate Fund

Updated 05 April 2017

NCB Capital launches Pan European Real Estate Fund

NCB Capital, Saudi Arabia’s leading provider of wealth management and investment services, and the Kingdom’s largest asset manager, has announced the launch of its Pan European Real Estate Fund with more than $150 million raised through a private placement.
NCB Capital has partnered with Fidelity International, a leading global asset manager, to invest in commercial properties, including office, retail, logistics/industrial and mixed use, located in key European property markets including France, Germany, Benelux and the United Kingdom. Favorable currency conversion rates, robust legal and regulatory environments, coupled with consistent growth expectations of the core European economies make this an opportune time to invest in a solid real estate market.
“NCB Capital is dedicated to creating a robust set of domestic and international investment solutions to meet the needs of its clients,” said Sarah Jammaz Al-Suhaimi, NCB Capital’s CEO. “With the Euro and the British Pound below their long-term averages, the impact of Brexit on real estate capital values in the UK and the positive sentiment in the Eurozone, these conditions create a good entry point for our clients to diversify into the European real estate market.”


Almosafer unveils ‘Winter at Tantora’ packages

Updated 23 October 2019

Almosafer unveils ‘Winter at Tantora’ packages

With preparations in full swing for the second edition of Winter at Tantora, Almosafer, the flagship brand of Seera Group’s consumer travel business unit, has announced a host of event packages especially designed for fans preparing to attend the second season between Dec. 19 and March 7, 2020.

Winter At Tantora is coming back to the historic site of AlUla, the UNESCO World Heritage Site in Saudi Arabia, and will feature a rich calendar of weekly cultural events, equine and events, celebrity performances by some of the world’s greatest musicians. This year, the global event will be supported by Seera Group, a provider of travel and tourism services, which has been appointed as the key destination management company (DMC) to offer travel bookings, hotel stays, car rentals and added-value experiences for guests from around the world.

Almosafer, an omni-channel travel brand in Saudi Arabia, will market “Winter at Tantora” extensively across social media and other communication channels and offer visitors an extensive range of package options including accommodation, flights, transportation and ancillary services for both weekend visits or one-day options. Visitors are also offered one-on-one personal consultation with travel advisers across Almosafer’s retail network in the Kingdom.

Travelers will get to choose between three different package category options — Gold, Platinum and Diamond — which include return flights, hotel accommodation, as well as airport transfers and a visit to AlUla heritage sites. The event packages also differ depending on the length of stay. Festival goers can either opt for a one-day weekend package or extended stay, depending on the number of concerts and activities they would like to experience at Winter at Tantora.

To enhance their itinerary, travelers can complement their standard packages with additional activity bundles that offer a variety of bucket-list activities such as: Sunset and sunrise hot air balloon rides, vintage aircraft flights, as well as several unique gastronomy experiences. 

Winter at Tantora will bring 12 weekends of wonder to the AlUla oasis, inspired by its spectacular scenery. Home to archaeological treasures, natural beauty and magnificent monuments that span millennia, AlUla is set on the ancient incense route between Southern Arabia and Egypt. It became a hub of commercial and cultural exchange because a lush oasis valley ran through it, creating an ideal environment for civilizations to flourish.

Providing hotel booking options for over 1.5 million properties around the globe, flight bookings on over 450 airlines and complete holiday packages, Almosafer boasts various convenienat booking solutions for any type of travel needs.