Riyadh, October 30, 2023, ROSHN Group, a giga-project owned by the Public Investment Fund (PIF), is being recognized as a Diamond Partner of the Restatex Asharqia Real Estate Exhibition. The group will receive an award for its significant role in enhancing the event, as revealed in a press release.
Restatex is a prominent real estate event in Saudi Arabia and is scheduled to take place from October 31 to November 3 at the Dhahran Expo in the Eastern Province. During the exhibition, ROSHN will present its ALFULWA development at a 300-square-meter booth. This project, ROSHN's inaugural integrated community development in Saudi Arabia's Eastern Province, encompasses a vast area of over 10.8 million square meters in the southern region of Al Hofuf. It features a diverse range of more than 18,000 residential units, including villas, townhouses, and duplexes, as well as essential amenities such as mosques, healthcare centers, commercial facilities, educational institutions, and sports facilities, all set amidst lush green gardens and open spaces.
The booth is equipped with cutting-edge technology, including transparent OLED touch screens, interactive models, and an immersive virtual reality (VR) room, providing visitors with a vivid experience of ALFULWA's landscape. This development integrates ROSHN's distinctive blend of integrated vital and lifestyle amenities with the iconic Al Dakhna mountain, offering an innovative, transformative, and sustainable approach to mixed-use real estate development.
ROSHN will receive an award at Restatex, presented by Prince Saud bin Nayef bin Abdulaziz Al Saud, the Governor of the Eastern Province, to Eng. Waseem Khashan, Executive Director of Marketing at ROSHN Group. The award acknowledges ROSHN's significant contribution to the success of the exhibition through its sponsorship, aligning with ROSHN's broader strategy to collaborate with leading organizations and events, thereby elevating standards, contributing to Saudi Arabia's economic diversification, and positioning the country on the global stage in alignment with Saudi Vision 2030.
ROSHN Group's CEO, David Grover, expressed pride in their support for one of the Kingdom's most crucial real estate events, emphasizing the importance of Restatex and similar gatherings in fostering industry growth and collaboration. He highlighted the significance of such events in bringing together regional and global leaders, providing a platform for learning and collaboration in pursuit of the goals set out in Vision 2030.
In his statement, Grover further emphasized ROSHN's commitment to excelling in the real estate development field within Saudi Arabia, particularly as the company unveils its ALFULWA project in the flourishing region of the southern Al Hofuf.
Restatex is a premier real estate event in Saudi Arabia, drawing real estate and finance leaders and serving as a platform to underscore the real estate sector's crucial role in economic diversification. ROSHN's sponsorship of the event follows its impactful presence at major events in 2023, including Cityscape Global and the Future Investment Initiative (FII).
