"Shomoul " Participates with a Distinctive Pavilion at the Global "Cityscape" Exhibition in Riyadh
Shomoul Holding Company is participating in the global Cityscape Exhibition in Riyadh from September 10th to 13th, with a comprehensive and distinguished pavilion to showcase the latest massive projects underway in the Kingdom of Saudi Arabia,
Shomoul expressed its pride in participating in the exhibition, stating, "We are pleased to participate in the global Cityscape Exhibition, which celebrates the real estate sector. We aim to introduce the world to our achievements in the field of development projects and our strategic vision through our unique and innovative real estate projects with global standards and specifications."
Regarding the projects Shomoul is presenting at the exhibition, they stated, "We are showcasing our latest projects in the real estate development, entertainment, and tourism sectors in the Kingdom of Saudi Arabia to major players in the retail sector. Our portfolio currently includes the Avenue Riyadh, and the Avenue Khobar projects, both of which are under construction."
Avenue Riyadh - Among the Largest Complexes in the Middle East
Avenue Riyadh is one of the significant real estate projects being developed by Shomoul in Riyadh, with a project value exceeding 16 billion Saudi Riyals. The project enjoys a strategic location in the heart of Saudi Arabia, in the northern part of Riyadh, overlooking the intersection of King Salman Road and Prince Sultan Road. It spans a vast leasable area of 398,269 square meters.
The Avenue Riyadh is expected to become one of the most prominent investment and commercial landmarks in the Middle East. It will feature 9 shopping areas, over 19 cinema halls, 5 towers, including the first tower for offices, the second for a hotel with the renowned Waldorf Astoria brand, the third for luxury residential apartments, and the fourth and fifth towers for Canopy and Conrad hotels, both Hilton brands. The project will also include medical clinics and parking facilities for over 15,000 vehicles, making it the ideal destination for shopping, entertainment, and residence in the Kingdom of Saudi Arabia.
The Avenue Riyadh will reflect Salmani architecture, combining authenticity and modernity, with a design inspired by and reminiscent of the past through renewed development templates. It will stand as a landmark in the heart of Riyadh and feature modern designs within the complex, sustainable and green elements that align with Saudi Arabia's vision.
Avenue Khobar - Showcasing the Latest Designs
The Avenue Khobar is located in the Eastern Region of Saudi Arabia, specifically in Khobar City at the northwest corner of the intersection of King Saud Road and Prince Sultan Road. It spans a leasable area of 168,532 square meters.
The Avenue Khobar will feature 8 shopping areas, dedicated entertainment spaces, 10 cinema halls, as well as two towers. The first tower will house the Four Seasons Hotel, and the second will feature a Canopy hotel, one of Hilton's brands. Additionally, the project will include offices and conference rooms, along with parking spaces for over 6,000 vehicles. The Avenue Khobar will boast modern designs and sustainable and green elements that reflect the nature of the Eastern Region, all meeting the highest environmental and energy standards.
It's worth mentioning that this is the first time that the Cityscape Global Exhibition is held in Riyadh, in partnership with the Ministry of Municipal and Rural Affairs, Housing, and the Alliance Company. The exhibition provides a unique opportunity for companies, investors, and real estate enthusiasts to explore the latest developments and cutting-edge concepts in the world of real estate.
About Shomoul:
Shomoul Holding Company was established in 2014 through a Saudi-Kuwaiti partnership between three major companies: Al Mabani, Al Fozan Group, and Al Shaheen Group. This partnership leverages the extensive experience of the partners in the Gulf and Middle East regions.
Shomoul Holding Company was established in 2014 through a Saudi-Kuwaiti partnership between three major companies: Al Mabani, Al Fozan Group, and Al Shaheen Group. This partnership leverages the extensive experience of the partners in the Gulf and Middle East regions.
