The company has business interests in buying, selling and developing Real Estate properties. One of the remarkable achievements by the company in the Real Estate business is the development of the Saudia Housing Compound located in Khalidiya District, Jeddah, which comprises 3,377 housing units. Some of the leading Real Estate properties owned and operated by Skab Real Estate Division are the Movenpick Hotel in Jeddah located at Madinah Road, and an exclusive self-contained seaside resort Les Sablons, completely equipped with modern facilities, which is located in the seaside of Jeddah.
To keep pace with the rapid economic development of the Kingdom of Saudi Arabia, we are expanding our Real Estate activities with substantial investment in buying new lands in commercial areas and constructing shopping malls, recreational centers as well as large housing complexes.
SKAB Real Estate Development division interests spanning in activities such as:
Buyer & seller and developer of real estate,
Contracting work for residential and public buildings, amusement parks Catering services centers