Search Site

AD Ports to invest in Kazakh port

Under the deal, AD Ports Group owns 51% stake.

PIF acquires stake in Saudi Re

The acquisition was made by way of a capital increase.

ADNOC Gas awards contracts

The $2.1bn contracts are aimed at enhancing LNG supply infrastructure.

ADNOC L&S buys stake in Navig8

The company will acquire the remaining stake in mid-2027.

DAE to acquire Nordic Aviation Capital

The terms of the transaction have not been disclosed.

ROSHN Group’s first integrated community in Makkah launched

ALMANAR is ROSHN Group's fifth integrated mixed-use community. (SPA)
  • AlMANAR's first phase will provide 4,149 residential units that will house over 17,000 people on a footprint of 2.5 million square meters.
  • ALMANAR is located at Makkah’s western gate, between the old and new expressways linking the city to Jeddah, 20 minutes from the Holy Mosque.

Riyadh, Saudi Arabia — ROSHN Group has launched ALMANAR, its fifth integrated mixed-use community and its first venture in Makkah, the group said in a press release.
The first phase of ALMANAR, the release said, will provide 4,149 residential units that will house over 17,000 people on a footprint of 2.5 million square meters.
ALMANAR is located at Makkah’s western gate, between the old and new expressways linking the city to Jeddah, 20 minutes from the Holy Mosque and under an hour from King Abdulaziz Airport in Jeddah.
The first phase will feature a wide range of amenities, including a regional mall supplemented by eight neighborhood commercial centers, a business park that will boost the city’s economic development, and several mosques.
ROSHN offers a variety of residential options in ALMANAR, including 3- to 5-bedroom townhouses, duplexes, and villas. The architectural design of ALMANAR draws inspiration from the heritage of the Western Province; it features intricate details, like elliptical and geometric patterns on the facades.
According to the release, ALMANAR prioritizes sustainability and natural beauty. It includes carefully designed green and open spaces, covering 12 percent of the community’s total footprint, and providing comfortable areas for relaxation.
ALMANAR will preserve and prioritize the natural landscape, with wadis meandering through its neighborhoods. This approach creates “a resilient green infrastructure that aligns with the local environment and ecological systems”, the release said, adding that it also supports the conservation of indigenous flora and fauna in these green corridors.
ALMANAR’s houses will feature “industry-leading energy-conserving” technologies, including modern insulation, solar water heaters, and efficient air-conditioning.
ROSHN is also promoting the use of electric vehicles by installing EV chargers in many of its houses, “contributing to its ambitions to create a greener society”, the release read.