Riyadh-based Reportage KSA sells over $93M in 2024 after successful local growth

BY THE ARAB TODAY Mar 25, 2025

Riyadh-based Reportage KSA sells over $93M in 2024 after successful local growth

Riyadh-based Reportage KSA sells over $93M in 2024 after successful local growth

Riyadh-based real estate developer Reportage KSA said on Monday that it sold more than $93.3 million (SAR 350 million) worth of property in 2024, thanks to its successful growth plan in the country.

New Projects

In 2025, the company plans to start more than seven new projects in Riyadh as part of its growth plan. It also wants to expand in Jeddah to meet the increasing demand for modern homes, according to a company statement.

The CEO of Reportage KSA, Islam Hammam, said the company aims to develop more projects across Saudi Arabia.

Recently, the Riyadh-based company opened a new office in Jeddah at the Hilton Hotel. This will help it grow its operations and serve customers better in the Western Region.

As part of its goal to build sustainable homes, Reportage KSA is working to complete the “Najd Residential” project as planned. This project currently includes Najd 1 and 2, with Najd 3, 4, and 5 coming soon.

Interesting Fact

Saudi Arabia needs to build 115,000 homes every year for the next six years to keep up with growing demand, mainly due to its young population, according to real estate consultancy Knight Frank.

Published: 25th March 2025

For more article like this please follow our social media Twitter, Linkedin & Instagram

Also Read:

Saudi Aramco acquires 50% stake in Blue Hydrogen Gases
Saudi Arabia gave Yemen $12B, 264 projects (2012-2023)
Emirates Islamic’s $750M Sukuk oversubscribed 2.1x


Abu Dhabi, Real Estate
Modon Sells $1.5 Billion Worth of Wadeem Plots on Abu Dhabi’s Hudayriyat Island in Just 3 Days

Modon Sells $1.5 Billion Worth of Wadeem Plots on Abu Dhabi’s Hudayriyat Island in Just 3 Days Modon Holding announced on Friday…

Economy, Egypt
IMF Gives Egypt More Time for Reforms, May Delay Next Loan Payment

IMF Gives Egypt More Time for Reforms, May Delay Next Loan Payment The International Monetary Fund (IMF) said on Thursday it will…

Economy, Saudi Arabia
Saudi Unemployment Hits Record Low in Q1, Shows Strong Job Market Progress

Saudi Unemployment Hits Record Low in Q1, Shows Strong Job Market Progress Saudi Arabia’s Ministry of Human Resources and Social Development announced…

Business, Egypt, Qatar, Syria
Qatar’s Baladna Gets Green Light for $250M Project in Syria, Opens New Branch in Egypt

Qatar’s Baladna Gets Green Light for $250M Project in Syria, Opens New Branch in Egypt Baladna Food Industries, a Qatari company known…

Economy, Egypt, Real Estate
Egypt’s Rent Law Changes Cause Big Debate as Rents Rise Up to 20 Times

Egypt’s Rent Law Changes Cause Big Debate as Rents Rise Up to 20 Times Egypt’s parliament has approved a new law to…