market-analysis

Fund set up to build $500m mixed-use project in Riyadh

By CityCalc Newsroom · Wed Jun 03 2026 · Source: AGBI

SAB Invest, the investment arm of Saudi Awwal Bank (SAB), and Saudi developer Retal have set up a fund worth SAR1.9 billion ($500 million) to develop a mixed-use project in Riyadh. SAB will contribute up to 50 percent to the fund, the lender said in a statement.

SAB Invest, the investment arm of Saudi Awwal Bank (SAB), and Saudi developer Retal have set up a fund worth SAR1.9 billion ($500 million) to develop a mixed-use project in Riyadh. SAB will contribute up to 50 percent to the fund, the lender said in a statement.

Curated by CityCalc from AGBI. Read the full article at the source.

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