Steve Bertamini, CEO of Al Rajhi Bank, and Hisham Ahmad Abdali, executive director of the bank, and their accompanying delegation paid a visit to Aladdiyat Al Saudia, specialist in CIT (Cash in Transit), ATM Operations, and ATM Total Solution Services.
Osama bin Zaid Azraq, owner of Osama bin Zaid Azraq Group, and Murtada Aljaaly, CEO and managing director of Aladdiyat Al Saudia, welcomed the delegation during their visit to the site.
The delegation discussed all the services and support that can be provided by Aladdiyat Al Saudia to Al Rajhi Bank.
During the presentation of the Aladdiyat Al Saudia Monitoring, Command and Control Center, Aljaaly demonstrated in detail the monitoring and supervising of all armored vehicles and CIT and ATM operations which are equipped with the latest technologies.
The Monitoring, Command and Control Center is equipped with latest security systems to monitor and control operations around the clock.
The delegation also was briefed on the security, safety, and firefighting systems linked to the Monitor, Command and Control Center, which is another service that the Group provides in the field of security and safety to all types of premises.
Al Rajhi Bank delegation visits Aladdiyat Al Saudia
Al Rajhi Bank delegation visits Aladdiyat Al Saudia
Sulaiman Al-Rajhi Endowment projects worth SR8bn launched in Makkah
Sulaiman Al-Rajhi Real Estate Company has announced the launch of several real estate projects belonging to the Sulaiman Al-Rajhi Endowment system in Makkah, with a total investment exceeding SR8 billion ($2.1 billion). These projects include commercial, residential, and hospitality developments, as well as strategic land plots, as part of the company’s commitment to supporting the Kingdom’s real estate sector and enhancing the quality of life in the holy city.
The announcement was made during a field tour by a delegation of high-level officials including Saleh Al-Rasheed, CEO of the Royal Commission for Makkah City and Holy Sites; Ihsan Bafakih, chairman of the board of directors of Sulaiman bin Abdulaziz Al-Rajhi Holding Company; Haitham Al-Fayez, chairman of Sulaiman Al-Rajhi Real Estate Company and CEO of Sulaiman Al-Rajhi Holding Company; Moath Al-Mukhudub, managing director and CEO of Sulaiman Al-Rajhi Real Estate Company; and Anas Mansour Abadi, CEO of real estate at Sulaiman Al-Rajhi Holding Company and representative of the Sulaiman Al-Rajhi Endowment, alongside members of the board of directors of both the holding and real estate companies and the executive team.
The tour included the launch of the Tilal Towers project, with an investment value of SR2 billion, featuring more than 2,500 hotel rooms, strengthening the hospitality sector in Makkah.
The delegation also visited the Tilal Village project, valued at SR2.8 billion. It is one of the prominent qualitative projects within the hospitality ecosystem in Makkah.
Furthermore, the visit covered the residential buildings within Tilal Village, comprising 828 units, with an investment of SR800 million. The delegation inspected the specialized hospital, medical complex housing, and the office and commercial plazas.
During the tour, a contract was signed for the Al-Rajhi Center project, valued at SR250 million, as part of a comprehensive rehabilitation plan.
The inspection also included the Al-Ukayshiyyah land, spanning 4 million square meters, and the Al-Ghazzawi project land, valued at SR250 million.
The tour concluded with prayers at the Aisha Al-Rajhi Mosque, the second-largest mosque in Makkah after the Grand Mosque, with a capacity for 50,000 worshippers.
This visit underscores the importance of these investments, which represent a clear direction toward enhancing the management of the endowment’s assets through diversification, redevelopment, and strategic expansion, in line with the development goals of the Makkah city and Saudi Vision 2030.
Sulaiman Al-Rajhi Real Estate, a subsidiary of Sulaiman bin Abdulaziz Al-Rajhi Holding Company, continues to provide innovative solutions to elevate the real estate sector to international standards.
