Company Profile

Al-Riyadh Development Company was founded on 09/02/1414 A.H as a Saudi Joint Stock Company, by virtue of the Royal Decree No. (M / 2) to become the creation of enlightened ideas espoused by His Royal Highness Prince Salman Bin Abdul Aziz, Prince of Al-Riyadh region and Honorary President of the Board of Directors. These remarkable efforts led to the emergence of development projects on two parallel paths. One consisted of building, operating, and managing service projects and public benefit in contribution with the government in a certain way; whereas the company was able to create and manage 4 service projects, through which national qualified cadres were working and their numbers reached more than 200 employees. These projects serve more than 2000 clients and tenants and more than 20 million citizens and residents.

Company’s Message

The investment in services and public benefit projects in contribution with the government and the private sector through the (BOT) system or through self-established service projects, as well as providing a real estate product in various real estate areas (commercial, residential, office) with the highest degree of quality on both planning and technical levels. The message also comprises taking care of the shareholders interests and the development of their investment by creating investment and economic vision in parallel with modern up to date technology.

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Establishing commercial, office and residential facilities and buildings
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Establishing, selling or renting residential complexes
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Establishing commercial and industrial exhibitions 
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Practicing the types of activity necessary to achieve
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Management of construction projects that prove their economic viability

Company’s Vision and Strategy

Maintaining the company’s leadership in contributing with the public sector to invest in service projects and public benefit in contribution with the government, by creating new investment opportunities in this area, as well as horizontal expansion to some service projects of general interest, while transferring its rich experience in the building and operation of useful projects, such as public transportation Development Center, Development Market for Vegetables and Fruits Wholesale, International Development Car Auction in Al-Riyadh and Al-Bathaa Meat, Vegetable and Fish Development Market, to other regions in the Kingdom (or use the Arabic names of the projects).

Company’s Slogan

“The evolution of our society brings us together…”

It is through this slogan that the company continues contributing to the development of the public services performance.

Competitions

The Competition and Contracts Department of the Riyadh Development Company provides all suppliers with the announcement of competitions through the website and enables them to download the tender brochures through the link

statistics

Annual reports

Annual ReportDownload
Annual Report 2018
Annual Report 2017
Annual Report 2016
Annual Report 2015
Annual Report 2014
Annual Report 2013
Annual Report 2012
Annual Report 2011
Annual Report 2010

Projects

Riyadh Development Company projects

Shoruq cities

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Tilal altameer in Riyadh

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Consumer Goods

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Chemical Goods

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Food and
Beverage

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Energy, Oil
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A statement from Riyadh Development Company

في إطار حرص واهتمام شركة الرياض للتعمير في تنفيذ تعليمات الجهات المختصة لاتخاذ الإجراءات الاحترازية لمنع انتشار فيروس كورونا وبعد ما لاحظته الشركة من تزاحم المتسوقين في سوق جملة الخضار والفاكهة بالعزيزية يوم أمس نتيجة فرض الحظر وبالتنسيق والمتابعة مع أمارة منطقة الرياض وأمانة منطقة الرياض

Mazad1
Attending the General Assembly meeting

The Board of Directors of the Riyadh Development Company is pleased to invite the shareholders to attend the sixth extraordinary general assembly meeting (the first meeting) to be held, God willing,

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# To extend the National Day holiday

In line with the noble decree of the Custodian of the Two Holy Mosques, to extend the National Day holiday for one day, then tomorrow, Monday will be an official holiday for all employees of the Riyadh Development Company.

Al-TAMER Magazine

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