Al-Gharbia Company launches ‘Roshan’ project in Jeddah

Roshan will also include green spaces and a central park built on an area of 29,000 square meters, offering an enjoyable healthy environment for its residents.
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Updated 19 May 2024
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Al-Gharbia Company launches ‘Roshan’ project in Jeddah

Al-Gharbia Development and Investment Company, the development arm of real estate company Tatweer Group in the western region, announced the launch of its first project in Jeddah at a ceremony in the city. The event was attended by real estate developers, businessmen and investors.
The project, named Roshan, is an ambitious urban and commercial development project located in the north of Jeddah. It consists of residential and commercial buildings and will be constructed in accordance with the highest design and engineering standards.
Boasting a strategic location, Roshan, to be built on a total area of 1 million square meters, will be located close to urban development projects, hotels, residential and commercial complexes, and government facilities.




Mohamed Habes, CEO of Al-Gharbia Development and Investment Company

Expressing delight at the launch of the new project, Mohamed Habes, CEO of Al-Gharbia Development and Investment Company, said Roshan represents “a wonderful start for the company.” He said: “The project embodies the company’s ambitious standards in construction and real estate development, which take into account the creation of a comprehensive and integrated community environment that guarantees its customers the enjoyment of quality of life in a balanced and harmonious society.”

The (Roshan) project supports the company’s ambitions to contribute to Saudi Arabia’s Vision 2030.

Mohamed Habes, CEO of Al-Gharbia Development and Investment Company

Habes added: “The project supports the company’s ambitions to contribute to Saudi Arabia’s Vision 2030, which aims to improve the quality of life, enhancing real estate development projects, playing a pivotal role in shaping a vibrant society and a thriving economy.”
Comprising 20 commercial plots and 614 residential plots, Roshan will also include green spaces and a central park built on an area of 29,000 square meters, offering an enjoyable healthy environment for its residents.

HIGHLIGHT

Roshan, to be built on a total area of 1 million square meters, will be located close to urban development projects, hotels, residential and commercial complexes, and government facilities.

Habes said the project’s infrastructure facilities, such as electricity, water and sewage networks, and communication and internet services, will be developed to guarantee comfort and luxury for the residents. Roshan will also include seven public parks, seven schools, seven mosques, a health center, and a main park in the heart of the project, consisting of sports areas and cycling tracks.

 


‘Wealth Grows Here’: Aljazira Bank launches new brand identity

Updated 23 December 2025
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‘Wealth Grows Here’: Aljazira Bank launches new brand identity

Aljazira Bank announced the launch of its new brand identity under the slogan “Wealth Grows Here,” marking a natural evolution in a growth journey spanning more than five decades. Over the years, successive phases of transformation have shaped the bank into what it is today, with the new identity serving as the culmination of a strategic chapter that strengthened the bank’s role within the Saudi banking sector.

As part of this milestone, the new brand launch also extended to Aljazira Capital, the bank’s investment arm, reflecting a unified vision and strategic alignment across the group. The updated identity of Aljazira Capital underscored its evolution as a specialized investment and wealth management institution, focused on delivering carefully structured investment solutions and strengthening its role as a trusted partner in building and growing long-term investment portfolios, fully aligned with the bank’s broader direction.

The announcement also included the launch of the new identity for Fawri, aligning it with the bank’s updated brand and reflecting its commitment to delivering reliable and seamless financial transfers within an advanced and integrated financial ecosystem.

Naif bin Abdulkareem Al-Abdulkareem, CEO and managing director of Aljazira Bank, said: “The new brand identity goes beyond a visual change; it is a true reflection of what the bank has become today. Since the strategic refresh in 2023, we have restructured how we operate, aligned our business lines around a shared objective, and strengthened execution. The progress we see today, in service quality and speed of delivery — confirms that we are moving in the right direction.”

The new identity reflects the outcomes of the bank’s 2023 strategic transformation, a pivotal milestone in its journey. This phase focused on developing an integrated banking ecosystem with a stronger emphasis on individual wealth management, supported by a more agile and efficient operating model led by digital channels. It balanced sustainable growth with strengthening the corporate portfolio, accelerating investment in digital infrastructure and human capital, and enhancing operational efficiency.

Since its establishment, Aljazira Bank has progressed through successive stages of growth, evolving from a traditional bank into a more innovative and specialized financial institution. Today, it places wealth management at the core of its proposition, offering a banking experience built on long-term relationships and a deep understanding of clients’ financial aspirations. In parallel, the bank has continued to reinforce its role as a trusted partner to the business sector, serving large corporates as well as small and medium-sized enterprises through solutions that support growth, sustainability, and the Kingdom’s broader economic development goals.

At the heart of this direction stands the bank’s new slogan, “Wealth Grows Here,” which captures its role as a key partner in building and preserving wealth for individuals and businesses alike, creating sustainable value beyond the delivery of traditional banking services.