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Al Masar Al Riyadi Announces the Establishment of a Real Estate Investment Fund with More than 700 Million Riyals to Develop Assets in the Wadi Destination.
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Riyadh, August 12, 2026 - Al Masar Sports Development Company announced today the signing of contracts awarding a real estate investment fund to Al Jazeera Capital and Rakaz Real Estate, with a total value exceeding 700 million riyals, with the aim of developing key assets within the Wadi destination. The fund will be allocated to developing a 5-star hotel within the Wadi destination in the Hittin district, in partnership with Al Jazeera Capital…
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