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Al-Rajhi launches Ramla Tower in Riyadh

Saudi Arabia - March 6, 2016

Saudi-based Nayef Al-Rajhi Investments has launched through its subsidiary Ramla Real Estate Development “Ramla Tower” in the context of the company’s orientation to advancing the Saudi economy and bolstering investment.

Ramla Tower represents a new added value in Saudi real estate society and market as it carries various features and unique values.

The managing director of Ramla Real Estate Development “Nayef Al Rajhi” mentioned that the company aims at working with its strategic partners including investors, developers, finances, and international companies to accomplish many projects.

The CEO of Ramla Real Estate Development “Jack Al-Bustany” mentioned that launching this project reveals the company’s trust in Saudi economy which is considered the biggest and strongest economy in the region. Al-Bustany added that uncovering the project came out of deep understanding of customers’ needs.

The project values 600 million SAR and lies on King Fahd Road north the Financial Center in Riyadh. The project is expected to be completed by the third quarter of 2018.


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