Aqeeq Real Estate Development Company is considered one of the largest real estate companies in the Kingdom of Saudi Arabia because it has the elements that make it among the largest real estate companies in the Kingdom and the Gulf region. Al-Aqiq was established on 24/01 / 1425H corresponding to 15/03/2004 and its capital is SR 1,945,960,000.
The company's objectives is
1. Owning and developing real estate and investing in selling or leasing for the benefit of the company.
2. Establishment, management, operation and maintenance of commercial and residential centres, hotels and furnished apartments.
3. General contracting for buildings, bridges and roads.
4. Management, operation, maintenance and cleanliness of buildings.
5. Maintenance and cleanliness of cities. The company was converted into a closed shareholding company by virtue of Ministerial Resolution No. (1588) dated
17/10/1426 H corresponding to 19/11/2005.