Top 100 GCC Real Estate Developers: Arriyadh Development
Riyadh Hills and Tameer Technical Services City are among the Tadawul-listed company's projects
Saudi Arabia’s Tadawul-listed Arriyadh Development Company (Ardco) is chaired by Eng Tarek A Alfares, and is involved with projects such as Riyadh Hills, Tameer Technical Services City, and Sunrise City.
Ardco said this February that its net profits dropped by 8% in 2018 due to reduced land sales, while revenue from real estate sales declined by 9% year-on-year to $75.4m (SAR283m).
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.