Top 100 GCC Real Estate Developers: Al Raid Group

Developer of Al Araimi Boulevard mall is currently building Al Raimi Walk mall in the sultanate

Al Raimi Walk Mall will open in 2020.
Twitter/ OmanTourism
Al Raimi Walk Mall will open in 2020.

Oman’s Al Raid Group, headed by chairman Sheikh Fahad Bin Abdullah Al Araimi, is developer of the Al Araimi Boulevard mall, which opened in Q3 2019.

The company was established in 1974, and has since delivered more than 20 projects across Oman, covering a built-up area of 46.4ha.

It is currently developing the Al Raimi Walk mall, which will feature 374 shops, a four-star hotel, and restaurants, with launch due in 2020.  

In October 2018, Al Raid Group said it had 139.4ha of projects under development, and 18.6ha under construction.

Construction Week's Top 100 GCC Real Estate Developers 2019 list is a compilation of the region's most influential and successful property firms.

The list has been produced based on publicly available information, and is not a ranking.

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