On the first day of Cityscape Global 2025, ROSHN Group, Saudi Arabia’s leading multi-asset class real estate developer and a Public Investment Fund (PIF) company, announced the signing of several memorandums of understanding and agreements that support its expansion strategy. These strategic partnerships represent a major milestone in ROSHN Group’s growth journey, reinforcing its drive for innovation and its vision of integrated, human-centric communities.
At the forefront of the signed agreements were two separate land sale deals in ALAROUS community in Jeddah, totaling SAR 332 million. The agreements were signed with sub-developers Miskan and Dyar AlArabiya, covering an area of approximately 68,000 square meters. The land will be used to develop residential buildings within ALAROUS community.
ROSHN Group also signed an agreement with stc group to establish a neutral digital infrastructure in its SEDRA community in Riyadh. The upcoming phases of SEDRA will be among the first projects to adopt a fully integrated, neutral communications network, supporting digital transformation and enhancing the quality of services provided by stc group.
Aligned with ROSHN Group’s expansion strategy, ROSHN Group signed MOUs with Cognita, a holistic education company with more than 100 schools in 21 countries, and Tadrees Holding, an education company deeply rooted in the Saudi market, to pursue the development of private educational facilities in the Group’s communities.
Another Memorandum of Understanding was signed with Saudia Airlines, represented by its Alfursan Loyalty Program.
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