Al Widyan

Al Widyan is the result of multiple creative collaborations, and the uniting of visionaries who have aligned their talents in planning, architecture, engineering, and design to establish not only a place of residence, but a movement away from the ordinary and towards the extraordinary. Al Akaria Saudi Real Estate Co., also known as SRECO, was found... ed in 1976 by Royal Decree, and are a leading real-estate developer in Saudi Arabia and one of the largest developers in the Kingdom. Two-thirds of the company is owned by the Sovereign Wealth Fund of Saudi Arabia (PIF) and the Public Pension Agency (PPA), who are majority shareholders. SRECO has been in operation for over 40 years, gaining experience in residential, retail and commercial projects. Of their 32 projects, SRECO developed Akaria 1, the first commercial centre in the Middle East, as well as the Olaya Akaria Residential Complex, the first closed residential complex in the Kingdom. In-line with Vision 2030, SRECO will be recognised by its stakeholders, industry peers and the population at large as an archetype for developing financially and environmentally sustainable communities in which people aspire to live, work and thrive. Al Akaria Saudi Real Estate Company's established the following subsidiaries: Al Akaria Hanmi for Project Management (AHPM) Saudi Real Estate Construction Co. (SRECC) Saudi Real Estate Infrastructure Co. (BINYAH) Saudi Korean Company for Maintenance and Properties Management (SAKOM) Al Akaria implemented a new framework governing the company's financial and administrative processes Al Akaria installed a new technology solution to automate the company's administrative and financial business processes MissionRead More