The Kingdom is currently celebrating the 85th anniversary of the glorious Saudi National Day, which commemorates the unification of the Kingdom by its founder, King Abdulaziz bin Abdulrahman Al Saud—may God have mercy on him— and our country today embodies the finest examples of solidarity, cohesion, and complete harmony between the leadership and the people within a strong and unified entity, following these years of development and prosperity that our country has witnessed through continuous growth and progress on all fronts, Government institutions and the private sector have evolved for the better, building a cohesive, far-reaching entity united in its national solidarity, reaping the rewards of the years that have passed since the Kingdom’s founding, In tandem with this unparalleled development across all sectors, the sector responsible for the management, development, and operation of properties, shopping centers, and commercial real estate has had a significant impact that is clearly evident in the Kingdom of Saudi Arabia, through the implementation of luxury development projects designed to meet the needs of Saudi citizens, in line with the content and objectives of the government’s wise vision aimed at spreading development across all regions of the Kingdom.

Today, the Kingdom of Saudi Arabia is witnessing strong and growing demand for new shopping centers, driven by the region’s expanding population. The Saudi government spares no effort in working to meet its citizens“ aspirations for a modern lifestyle through major investments that support the development of real estate infrastructure, which serves as a living testament to the government’s focus on developing this vital sector.

As one of the pioneers in this sector in the Kingdom of Saudi Arabia, Asala Holding is honored to complement these efforts by supporting the growth of the real estate market through the development of world-class retail destinations across the Kingdom, thereby stimulating investment in the Kingdom.

Mr. Fouad Abdullah Al-Rashed, CEO of Asala Holding, said, "At Asala Holding, we are proud of our contributions to implementing the state’s policies and plans to achieve balanced development, strengthen the national economy, and diversify sources of income—including supporting the growth of the local economy by providing job opportunities for Saudi citizens and empowering promising national talent through sharing the global best practices we adopt in developing our pioneering projects.

He added, “In this spirit, we joined the Kingdom’s leadership and people in celebrating National Day at the shopping centers we own and manage, as part of Asala’s participation in the Kingdom’s National Day celebrations.”

Al-Rashid noted that the Kingdom is currently experiencing a period of significant progress, 85 years after the unification of this vital entity in the region by the Kingdom’s founder, King Abdulaziz bin Abdulrahman Al Saud —may God have mercy on him—and the continuation of this journey under the leadership of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz—may God protect and preserve him— His Highness Prince Mohammed bin Nayef, Crown Prince and Minister of the Interior, and His Highness Prince Mohammed bin Salman, Deputy Crown Prince and Minister of Defense—toward progress, prosperity, and development, by the grace of God and thanks to their wise leadership, and with the support and solidarity of the Saudi people, who always stand behind their leadership, which has led to the completion of mega-projects, major institutions, and towering landmarks throughout the Kingdom.

Al-Rashid continued: On this joyous national occasion, we extend our congratulations and best wishes to the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz—may God protect and preserve him— to His Highness Prince Mohammed bin Nayef, Crown Prince and Minister of the Interior; to His Highness Prince Mohammed bin Salman, Deputy Crown Prince and Minister of Defense; and to our wise government and our noble and loyal Saudi people. We pray to Almighty God that this country may remain strong and united.