Al Akaria inks deal with Saudi National Housing Company
RIYADH, December 23, 2020 Leading Saudi developer Al Akaria said it has signed a partnership agreement with National Housing Company, the investment arm of the Saudi Ministry of Housing, to help boost ownership among Saudi nationals. As per the deal, the ministry s beneficiaries will get an opportunity to own residences within its 557-unit Al Dhahia project being developed over a 430,300 sq m area in east Riyadh, said the company in its filing to Saudi bourse Tadawul. Located in Rimal district of the Saudi capital. Al Dhahia project is a semi-gated residential and commercial complex that brings a new style of integrated living to Riyadh by offering residential units, commercial space as well as retail and leisure amenities integrated into one community.