Retal receives the 2022G Excellence Award for Residential Projects for the Nesaj Town 2 Project, located in dammam awarded by the Real Estate Future Forum held in Riyadh 2022
Establishment of Remal AlKhobar Company as a subsidiary of the Company, and a contract with Nobu Worldwide Hotel Management Company signed to establish Nobu Al-Khobar Hotel 2021
The Group Establishment Timeline
Retal becomes a publicly listed company on Tadawul in June 2022
A branch of Tadbeir Co. Ltd. transferred to Tadbeir Real
Estate Co., specializing in real estate services 2021
Retal established under Al Fouzan in the Eastern Region of Saudi Arabia 2012
Launch of “Ayala” brand, targeting high-income segments 2020
Tadbeir Real Estate Company acquired, specializing in facilities management and real estate services 2016
Nesaj Urban Development Company acquired, specializing in construction project management 2017
Strategic partnership with Mimar Emirates
Development of the first Nesaj Town projects completed 2020
2022 Retal has established new JV “Norkoom” with LDPI
Engineering Consultant signed 2019
2021
Roshn (PIF subsidiary) selects Retal to be the first real estate developer with which it has entered into a partnership to construct more than 100 housing units in the city of Riyadh under project RBC
2021 Real estate development fund raises over half a billion Saudi Riyals to invest in the “Marasi Al-Khobar” project, located between Dammam and Al-Khobar, as part of the launch of SAR 7.5 Bn. strategic partnership with Alpha Capital
2020 Retal has invested in Saudi Tharwa Co.
2013
2017 Building Construction
Residential projects bearing the “Ewan” brand launched targeting middle to high-income segments
2018 “Nesaj Town”
2019 Retal is honored as ‘Best Real Estate Developer’ 2019 in Saudi Arabia by the MoMRAH for the first time
Company acquired, specializing in residential and non- residential public construction
brand launched in cooperation with the National Housing Company and the MoMRAH, to implement about 674 housing units
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