EVENT SPONSORS Sumou Real Estate
Established in 2007, Sumou Real Estate is an owned subsidiary of Sumou Holdings and operates from offices in Makkah, Jeddah, and the Eastern Province within Saudi Arabia. Sumou is engaged at different levels of participation in a variety of high-caliber projects that are making a significant difference and fulfilling long-held aspirations. Sumou’s development activities have largely been focused on the identification, evaluation, development, and management of its real estate investments to stand with the leading companies in the kingdom, as to upgrade the real estate sector by providing the best development projects and long run investment which aims to serve the country and the society. All our achievements are guided by a clear vision and mission, enduring
values, strong business model and a successful paradigm of operations. Tat’s why Sumou contributes in building the future and leads the way to success.
For more information, please visit:
www.sumouholding.com
Ewaan Global Residential Company
Ewaan Global Residential Company’s vision focuses on catering to the needs of middle income group by developing modern and integrated residential compounds with high quality and at competitive prices. It seeks to implement best practices in all its projects and operations. It is also a responsible corporate citizen that works on developing the vocational and creative skills of its associates. Saudization and human resources development top its priorities. Ewaan Global Residential Company was established in 2007 as a SR 400 million joint venture comprising of a number of organizations and businessmen, led by the Islamic Corporation for the Development of the Private Sector - a member of the Islamic Development Bank - Al Nemou Real Estate Co, Pension Funds and International Investment Bank. Ewaan is currently carrying out huge projects in Jeddah and Riyadh. It has finished the leveling works, and started construction work at the villa models and sales centre of its Al Fareeda project north of Jeddah. It has also obtained all the necessary permits for this project which will initially see the construction of 374 residential units. Work is also underway at the infrastructure of the first and second phases. Ewaan also recently signed marketing and consultancy agreements with some specialized firms focusing on its Al Jwan project in Riyadh. Te company will also involve a number of investors and financers in the project. Te process to obtain the relevant permits from Riyadh authorities is already underway. Al Jwan will include the construction of 4500 units as part of a complete and fully serviced modern district targeting the middle-income segment.
For more information, please visit:
www.ewaan.com.sa
Ewaan Villa Sumou Al Jodi project
JUNE 2011 I CITYSCAPE I 5
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