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.