Wish sharing the Kantian Finance House "Al-oula for Development declares to establish a gulf Bank.
El damam: Mosead Elziti:
Al-oula for Development company declares that it will intend to establish a commercial bank with sharing the Quotation finance House named “Quotation – Saudi Finance House “. The company pointed that it has a share reaches 40% of the bank and the Quotation Finance House has 60%.
The company mentioned that it will declare more details during the nest period.
Abdullah Al fozan- the representative of the head of Al-oula company management conical showed that the company will develop various projects in the next period. He declared about a housed project, it is Al-khobar lacks project Emmar Middle East Company.
It is an integrated region in the Eastern Area in Saudi Arabia. In addition to another project, it is Dammam Gate project. He showed he will expose more details after finishing the all details immediately.
When Al fozan was talking during a journalist conference in the occasion of passing five years on the company foundation, the company makes international projects with its partners over 100 milliard trials (26.6 milliard dollars). Theses projects have been exposed in the fifth housing, properties exhibition which started in the eleventh of November and will continue to the fifteenth of this month.
Soliman Al mohideb, the head of Al-oula company that that the company since she has been founded five years age adapted extended strategy which has additional value in the properties development.
He pointed that Al-oula played a large part in developing the properties industry generally in the Middle East and especially in Saudi and that via the pioneering introducing in its various projects.
Al mohideb showed that Al-oula tried through its experiences in the properties market to make a real event via founding alliances which are international to fasten and shorten the way to mix Al-oula experience the local market and its partners experiences in the international markets in vital projects that try to develop a various regional projects .It declared Al-oula of its projects, it is Jeddah’s gate. In addition to sharing in the biggest developing project in the Central Area in Makkah north of the Alharam via Shamia company for Constructive Development and building Al-oula tower in Eastern area with Investment money Company.
Ayedh Bin Farhan Alqahtani, the defecator member of Al-oula Company Showed that Al-oula Will Work Throw its new policy which is sharing with properties development in the Middle East area adapting new plans in the various projects and properties works to face all slices. The company tries to advertise about strategic and kinds of projects that interest in the final consumer. From this point of view Al-oula began in its fifth stage from its age by rebuilding the company with form suits this late expansion and that joining qualified elements able to continue the success which Al-oula company for Develop mint purposed to do.