Makkah has a special status, and significant importance in the hearts of all Muslims, who come to it from all places of the globe every year, in order to perform Hajj and Umra. Accordingly, it has been under the spot since the foundation of the Kingdom, up to now. The expansion and development projects have been going on in Holy Makkah, whether in the Holy Shrine, the holy rituals, or other accomplishments, which extended to all fields of housing and public services. Naturally, the government had to execute these large projects, due to its requirement of enormous amounts of money. Therefore, it has also been normal for the investors of the private sector to respond to the needs of economical real estate projects of Holy Makkah, to provide proper housing for pilgrims, visitors, and permanent inhabitants.

When we compare between Holy Makkah, at present and in the past, we see clearly the great development achieved in general, and in housing in particular. Nevertheless, the door is still open for more real estate investments, as the current circumstances and future expectations, require more different real estate investments, including housing buildings, hotels, residential, commercial, and service compounds, etc. The geographical nature of Holy Makkah hinders the extension of construction widely around the Holy Shrine, consequently this has led to the increase of the land’s cost massively. The success of real estate investment projects in Holy Makkah  largely depends on two elements, the time and place precedence, and the provision of public services.

Reda Group  Investment and Development has been one of the first national enterprises, which believed that facing the construction and expansion plans and ambitions in Holy Makkah requires the creation of an economic group, which is capable of shouldering the investment heavy burdens of the intended real estate projects in Holy Makkah. Hence, harmony and accordance will be created among the large projects carried out by the State, and the private sector's projects, which provide appropriate public services for the inhabitants and visitors of Holy Makkah, and achieve a financial income for the national capital invested in this vital field.

Our persistence to continuous development and well-studied planning, which is one of the main pillars of the Group's work during its progress course, is what makes us stand on solid ground, supported by strong will and deep faith that the success of any economic structure does not occur by accident or luck, but by hardworking, sharp clear visions to set goals, maintain patience, sincere devotion to work, and before all, the success granted by God to achieve these goals… with the assistance of God where we dependence on.

Moustafa Fouad Ali Reda
General Manager