Riyadh Development Company envisions a bright future for Riyadh.
This initiative introduces a new approach for real estate development and operational projects, supporting transformation and enhancing ARDCO’s role as one of the main enablers for Riyadh. ARDCO is built on strong values and a legacy that defines our identity through projects and investments that align with our ongoing transformation, presenting a real example of creating impact, supporting the national economy, and achieving sustainable development.
Our strategy is based on an investment and economic vision aimed at achieving sustainable financial returns for investors by diversifying our revenue sources through leasing, operational activities, real estate development, and development management. Additionally, we invest in financial sectors related to strategic industries and enhance the utilization of our leadership position in the fresh produce sector and public utility markets.
.Improve operational efficiency and upgrade the Company’s business infrastructure .Maximize return on current assets value التخارج من الأصول غير المستغلة/ منخفضة الأداء. بدء تأسيس وتطوير قطاعات الأعمال المستهدفة.
تعزيز مركز ” الرياض للتعمير” كمطور عقاري رائد في قطاعات العقار ذات الأولوية. تحقيق التنوع من خلال نمو وتطور عمليات التشغيل وجني عوائد الاستثمار في القطاعات المستهدفة.
التوسع في الاستثمار في فئات الأصول المستهدفة. ترسيخ مركز “الرياض للتعمير” كأحد المطورين العقاريين المؤسساتيين والتوسع في مجال إدارة التطوير ونشاط إدارة الممتلكات. المضي نحو تبني نموذج عمل الشركة القابضة مع نضج قطاعات الأعمال.
Strengthening the position of “ARDCO” as a leading real estate developer in priority real estate sectors. Achieving diversification through the growth and development of operations and reaping investment returns in targeted sectors.
Fahad Abdullah Abdulaziz Al Kassim's distinguished career spans more than three decades, during which he has excelled in a series of senior roles encompassing financial, administrative, and auditing consultancy in the healthcare, retail, and real estate sectors. Mr. Al Kassim holds a Bachelor of Science Degree in Management from King Saud University, and has completed the prestigious Advanced Management and Leadership Program at Oxford University.
He currently serves on the board of directors of Savola Group,
Jarir Marketing Company: Member of the Board's Audit, Nominations and Remunerations, and Governance Committees.
Board of Directors of Dr. Mohammed Rashid Al-Faqih & Partners Company: Member of the Board's Executive Committee.
Board memberships in each of the following: Fincorp Financial Consulting Company, Al Rajhi United Holding Company, Mohamed Abdulaziz AlHabib & Sons Holding Company, Areez Investment Limited, Baseqat Alkhaleej Company, and Jarir Investments Company.
Board memberships in each of the following: Fincorp Financial Consulting Company, Al Rajhi United Holding Company, Mohamed Abdulaziz AlHabib & Sons Holding Company, Areez Investment Limited, Baseqat Alkhaleej Company, and Jarir Investments Company.
Al Argan Company: Member of the Board's Nominations and Remunerations Committee.
Abdullah Ibrahim Mohammed Al-Subeaeie Holding Company (AIMS): Member of the Board's Investment Committee.
Dur Hospitality Company: Member of the Board's Investment Committee.
The Savola Group: Chairman of the Board's Audit, Investment, and Corporate Social Responsibility Committees.
Dallah Health Services Company: Member of the Board's Audit Committee.
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Cookies Policy
his Policy explains how Riyadh Development Company (the “Company”) uses cookies and similar technologies on its website https://riyadh.dev (the “Website”)It is issued in accordance with the Personal Data Protection Law and its Implementing Regulations and supplements the Privacy Policy.
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"Similar technologies" means any technology that performs the same function as cookies, such as a browser's local storage. The provisions of this policy apply to them accordingly.
Categories of Cookies We Use
The Website uses the following categories: Strictly necessary cookies: these are essential to run the Website, enable users to navigate between its pages, securely access its services, and save their cookie preferences. The Website cannot work properly without them, so they are enabled without the need for consent. For session management and Website security, the IP address of the user's device is recorded for the entire duration of their browsing session.
Performance and analytics cookies: these collect information about how visitors use the Website, such as the number of visits, the referring URL/page, the most visited pages, time spent on each page, and any error messages they encounter. This information is used in aggregate to produce reports and improve the Website. These cookies are enabled only with the user's prior consent.
The Website does not use advertising or targeting cookies, and the cookies it uses do not track the user's activity on other websites.
Google Analytics Cookies
The Website uses Google Analytics, a service provided by Google, to measure the Website's performance and analyze how it is used. Its cookies collect technical data, such as a partially masked IP address, device and browser type, and pages visited, and do not directly identify the user. This data may be processed on servers outside the Kingdom. Where this happens, the Company complies with the controls set out in the Regulation on Personal Data Transfer outside the Kingdom.
On their first visit, users see a banner that lets them accept or reject non-essential cookies with equal ease. Continuing to browse does not constitute consent.
Rejecting performance and analytics cookies or functional cookies does not prevent use of the Website, but blocking strictly necessary cookies may impair certain Website functionality. Please note that deleting all cookies from the browser also deletes the cookie that stores the user's consent preferences, so the consent banner will appear again on the next visit.
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The Website may contain links to external websites. This policy does not apply to those websites, and users are advised to review the respective cookie policies of those external sites.
Policy Updates
The Company reviews this policy periodically and whenever new cookies or tools are added to the Website. It publishes the updated version on the Website with the date of the last update, and requests renewed consent whenever an update introduces a category to which the user has not previously consented.
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For questions about this policy, or to exercise rights relating to data collected through cookies, users can contact the Company's Data Protection Officer through the channels set out in Section 11 of the Privacy Policy. Last updated:
