Alazizah Investment & Real Estate Development Co.
- Control since: 23/12/2021
- Banan ownership: 46.04%
- Capital: SAR 10,000,000
Purchasing land to establish buildings and invest through sale/lease (excluding Makkah & Madinah), real estate management and development, trading of ventilation/air-conditioning equipment, tools, plumbing and building materials, generators, machinery and electric motors, and building contracting.
Accounting control has been recognized effective 23/12/2021, and the company and its branch are included in the consolidated financial statements.
Qimam Nashr Real Estate Development Co.
- Control since: 01/01/2023
- Banan ownership: 26.5%
- Capital: SAR 110,000,000
Development of residential and commercial real estate projects, converting raw land into planned plots, managing and marketing units, and participating in high-impact urban development initiatives. Initial description — subject to update.
The figures above are placeholders for layout/design purposes. Ownership percentages, capital, and activity descriptions should be updated based on approved information.