With a value of 600 million riyals, Naif Al Rajhi Investment Company launched the Ramla Tower project, during a ceremony held in the Prince Sultan Hall at the Al Faisaliah Hotel. The tower is 150 meters high and is located on King Fahd Road, north of the Financial Center. The project is expected to be completed in the third quarter of 2018.
The announcement of the project at this particular time comes to emphasize the company’s confidence in the Saudi economy and the real estate market in particular. The tower has high specifications that make it a symbol of excellence, and it will have a clear impact on the urban fabric of Riyadh through its innovative design and unprecedented services.
On this occasion, Ramla Managing Director Naif Al-Rajhi said: “Our goal is to work with strategic allies from investors, developers, financiers and global companies to complete a package of investment projects that are integrated with the development visions and directives of the leadership in Saudi Arabia, to enhance the Kingdom’s global standing.”
Naif Al Rajhi Company, through Ramla Real Estate Development Company, seeks to fulfill the desires of modern life for the contemporary Saudi citizen, and Ramla also seeks to be one of the leading names that make a difference in the Saudi real estate sector.
