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Saudi Arabia_s National Housing Company Unveils Two New Housing Projects in Jeddah

Saudi Arabia’s National Housing Company Unveils Two New Housing Projects in Jeddah

Saudi Arabia’s National Housing Company launches 757 new residential units in Jeddah across two projects, Med Sadeem and Khayal Hostel, featuring villas, townhouses, and apartments with modern amenities. 

Both projects are being implemented under the National Housing Company’s Public Private Partnership scheme taking their total new residential projects this year to 46.

The PIF Announces The Creation of Al Balad Development Co to Restore Historic Jeddah

The PIF Announces The Creation of Al Balad Development Co to Restore Historic Jeddah

The PIF has announced the creation of a new company called Al Balad Development Co. This exciting project aims to transform the historic district of Al Balad in Jeddah into a Global Tourist Destination whilst preserving historical buildings and improving infrastructure with 1,800 new hotel units over an area of 2.5 million sq meters.

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