Marcopolis presents the Saudi Arabia Report focused on the investments, doing business, economy and other topics featuring interviews with key executives. The sectors under review in this issue are industry, real-estate, ICT, investments, banking sector, telecom sector and many more.
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Al Saedan Real Estate Company began its work before the unification of Saudi Arabia. “The most important thing was security at the time. There were gated cities. Small cities. Nobody built outside the boundary of the city,” says Dr. Bader Ibrahim Ibn Saedan, General Manager of Al Saedan Real Estate. The cities became larger within one or two decades as Saudi Arabia changed. Land development at the time was the game of the real estate market. In the beginning, the government built the entire infrastructure. As time progressed, the government started organizing the cities and stopped the development of the private sector. Furthermore, more regulations were put into place, which slowed the market down. Although this was good for the country, it made business slower in the sector. However, Al Saedan’s experience has made them successful in overcoming all difficulties. They now work in more than one city on several projects at a time.
About Al Saedan
Al Saedan Real Estate is one of the leading real-estate companies in Saudi Arabia. The company has a strong expertise in master-plan developments, land development, building commercial and residential centers, selling and buying local and international real estates, providing consultation in real estates, and providing valuation and estimation services. Al Saedan is an international real estate company with projects in Saudi Arabia, Tunisia and the United Kingdom.