KAEC announces sale of plots near Haramain railway

KAEC is releasing 280 plots in a master-planned gated community suitable for the construction of single-family homes.
Updated 04 December 2017

KAEC announces sale of plots near Haramain railway

King Abdullah Economic City (KAEC) has announced the off-plan sales of residential land at Miram Al-Hejaz in the city’s Hejaz district.
KAEC is releasing 280 plots in a master-planned gated community suitable for the construction of single-family homes. Prices start at SR358,000 ($95,510) over five years with five percent down payment. The new plots are within walking distance to KAEC’s Haramain high-speed railway, which will start operations early next year.
“The new ‘Miram’ residential project will meet the needs of the increasing number of families, investors and visitors coming to KAEC seeking promising opportunities and a better lifestyle. The Haramain railway station, which will place KAEC an hour away from the two holy cities and only 35 minutes from downtown Jeddah adds to the appeal of the city for people who seek a unique residential location within an easy commute of their current job,” said Fahd Al-Rasheed, managing director and group CEO of KAEC. “The continuous demand for our various residential projects and the real opportunity that ‘Miram’ project represents for those who want to live close to the two holy mosques encouraged us to release the project onto the market at this time despite the economic slowdown.” The station is also the centerpiece of an extensive retail and commercial development that will include a modern souk, new retail malls and cultural centers as well as office space.
“Miram Al-Hejaz features state-of-the-art infrastructure including fiber-optic data connections, energy-efficient construction and extensive landscaping as well as unparalleled connections with the other major cities in the Western region,” said Charles Biele, CEO of the Real Estate Development Company (REDCO) at KAEC.
Miram Al-Hejaz claims to offer residents a luxurious lifestyle experience and numerous facilities, which include beach and marina waterfront dining options, retail outlets, health care, security, mosques, high-quality schools, world-class universities and a number of luxury sporting and recreational facilities such as Juman Park and the Royal Greens Golf Course.
Plots at Miram Al-Hejaz were first exhibited at a sales launch at the Hilton hotel in Jeddah from Nov. 30 to Dec. 2.


Hyundai donates 24 vehicles to Saudi Red Crescent

Updated 20 October 2020

Hyundai donates 24 vehicles to Saudi Red Crescent

Hyundai Motor Company is supporting the Saudi Red Crescent Authority’s (SRCA) ongoing efforts to combat the COVID-19 pandemic by contributing 20 fully equipped ambulances and four support vehicles of the Hyundai H-1 model. The automaker aims to assist the frontline workers and public during these unprecedented times by offering the H-1 ambulances to seamlessly transport the health care professionals, the elderly and others.

The contribution is part of Hyundai’s commitment to giving back to the community and supporting the SRCA’s remarkable work in addressing the spread of the coronavirus in Saudi Arabia.

Hyundai is working hand-in-hand with its authorized distributors in the Kingdom — Al-Wallan Trading Company, Mohamed Yousuf Naghi Motors Company and Almajdouie Motors — to align its efforts with the government’s directives to deal with the situation.

Hyundai’s distributors will work closely with the official authorities in Saudi Arabia to deliver the vehicles directly to the SRCA.

Bang Sun Jeong, vice president and head of Middle East and Africa operations at Hyundai, said: “Caring for humanity has always been at the heart of Hyundai’s vision. We did not hesitate in taking this initiative with Hyundai distributors in the Kingdom during these challenging times, and we are proud of their association with the Saudi Red Crescent Authority in the fight against this pandemic.

“This contribution is another step in the direction of making a positive difference in the Saudi community and we believe by strengthening the relationships between the private and public sectors, it will benefit the Saudi Red Crescent Authority and help support members of the community across the Kingdom.”

He added: “We sincerely hope our efforts contribute toward making a difference in this fight, and we believe if we stay together, we can overcome anything. We hope this pandemic can soon come to an end and we can help people get back to their daily lives.”

Established in 1967, Hyundai Motor Company offers a range of vehicles and mobility services in more than 200 countries. Hyundai Motor sold more than 4.4 million vehicles globally in 2019, and currently employs some 120,000 personnel worldwide. The company is enhancing its product lineup with vehicles designed to help usher in a more sustainable future, while offering innovative solutions to real-world mobility challenges.