Businesswomen visit KAEC

Author: 
Sarah Abdullah | Arab News
Publication Date: 
Thu, 2008-11-20 03:00

JEDDAH: Remax Aziza, owned by Aziza Mansour, the first women in the Middle East to be granted the franchise rights to Remax, on Tuesday created another first in the history of Saudi real estate by hosting 80 Saudi businesswomen from all over the Kingdom on a tour of King Abdullah Economic City (KAEC) in Rabigh, 200 km northwest of Jeddah.

Prospective real estate buyers were shown a documentary about the layout and potential opportunities KAEC has to offer in the three buses that took them to the site.

At KAEC, the businesswomen were directed to a lecture hall and provided with a slideshow and explanation of the various types of floor plans.

The lecture closed with a patriotic poem recitation by Saudi poet Norah Mohsen Al-Qurashi. The participants were then taken on a tour of two models, one a floor plan of a three-bedroom and three-bathroom villa and a floor plan of a two-bedroom and two-bathroom apartment currently available on the market in Bay La Sun residential area at KAEC.

Aziza Mansour said, “We invited the ladies and organized the trip to KAEC because we wanted to give the chance to Saudi women to see for themselves the property in its natural setting.”

On conclusion of the visit, the visitors were brought to Emaar office in Jeddah.

Wafa Balubaid, a Saudi Businesswoman from Riyadh, told Arab News, “I think what Remax Aziza has done in providing us with the opportunity to see the property ourselves and the option to purchase is a major step.”

Balubaid said she specially wanted to know the details about the universities that are planned to be included at KAEC which she hoped would benefit her two daughters.

“I really enjoyed the trip to KAEC, it was the first time I was a part of such an event and I really admire the idea and wish that every company in the Kingdom does the same in providing services to women consumers as well,” said Diya M. Al-Fadli, ladies section supervisor at Safwa investment and real estate development in Jeddah.

Also speaking on the occasion, Mohjat A. Bin Yaquob, Board member and head of both the Sales Development & Marketing Development divisions of Remax Aziza, said, “Investing in real estate is more rewarding these days as it guarantees returns of 30 to 35 percent.”

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