Date: 15\6\2025

The Board of Managers of “Mashariyat Real Estate Development Company” held its inaugural meeting, chaired by the Chairman of the Board of Managers and CEO of the Royal Commission for Jubail and Ras Al-Khair, Eng. Mahmoud Al-Dhaib. The meeting marked the official launch of the company as the real estate arm of the Royal Commission for Jubail and Yanbu.The establishment of the company reflects the Royal Commission’s commitment to providing high-quality, modern residential and commercial real estate solutions that enhance quality of life and meet the needs of residents, investors, and visitors across its cities. It aligns with the Commission’s strategic plans and future aspirations to optimize the value of assets in its industrial cities and create sustainable economic value. This will be achieved through active private sector engagement, enabling efficient and professional operations that support current and future development and economic goals.