In a strategic move to enhance quality urban development, Al Othaim Investment signed a cooperation agreement with the Ministry of Municipal and Rural Affairs and Housing, in addition to other agreements with the municipalities of Mecca, Medina, Asir, and Jazan, as part of its participation in the Cityscape Global Exhibition in Riyadh. These agreements aim to develop mixed-use projects, including shopping and entertainment centers, residential and office towers, hotels, and green spaces, as part of efforts to enhance quality of life and create new job opportunities for citizens.
Malls
President of Othaim Investment: We submitted the offering file at the end of last year
Bandar Al-Buhairi, CEO of Abdullah Al-Othaim Investment Company, said that the company has submitted the initial public offering file through the Saudi Fransi Capital financial advisor since the end of 2024, and is now in the process of updating the offering file.
Malls
Othaim Investment Company obtains financing exceeding SAR 3 billion
Saudi National Bank (SNB) and Abdullah Al-Othaim Investment Company (AUC) announced the signing of a Shariah-compliant credit facility agreement worth SAR 3.06 billion, aimed at supporting the company's expansion plans, financing its diversified projects, and enhancing its strategic assets.