2020 CW Power 100: KBW's HRH Prince Khaled at 18

The firm's Arada business has been the highlight of their success over the past 12 months

KBW's HRH Prince Khaled has come in at number 18 on the 2020 Power 200 list
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KBW's HRH Prince Khaled has come in at number 18 on the 2020 Power 200 list

Led by HRH Prince Khaled Bin Alwaleed Bin Talal, KBW Investments, a portfolio group based in Dubai, UAE, works across a diverse array of sectors.

Among the businesses successes over the past 12 month includes the increase in demand for residential properties through Arada, which was founded by KBW Investment through a partnership with Basma Group.

Arada opened part of its $6.5bn (AED 24bn) Aljada community in Sharjah and is also set to handover its first homes in Sharjah, as well as all its Nasma Residences’ by the end of 2020.

The Aljada community offers residential offerings, while its Nasma Residences, which is touted as Sharjah’s fastest-selling community, features 968 townhouses and villas in total, to be delivered over five phases.

Arada also unveiled Madar, which is an entertainment complex designed by Zaha Hadid Architects, within the Aljada community that contains a cluster of family-orientated attractions.

The total value of Arada’s sales also rose by 33% in 2019 compared to the previous year.

To view the full 2020 Construction Week Power 100 ranking, then click here.

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