Founding Sponsors
A’ayan Arabia Holding is a Saudi company fully owned by A’ayan Leasing and Investment – Kuwait, established in 2007 with the aim of expanding the activities of the mother company. A’ayan Leasing and Investment is a public company listed on the Kuwait Stock Exchange and licensed as an Investment Company by the Central Bank of Kuwait. A’ayan’s assets total to about SAR 7 billion concentrated in three main asset categories: Direct Investments, Auto Leasing, and Real Estate. A’ayan is owned by a number of reputable investors such as: Gulf Finance House, Kuwait Industrial Bank, Public Endowment, Zakat House, and Al Ghanim Group of Companies. A’ayan Arabia Holding is in a position to become the leader in:Investment: A’ayan Capital is a company that is being established in Saudi Arabia as a non-banking financial institution, under CMA regulations, with a capital of SAR 200 million. The company is applying for the Capital Market Authority ( CMA ) licence. A’ayan Capital has a well diversified reputable shareholding base and its major shareholders are: Aayan Arbia Holding; Al-Oula Development Co., Tadhamon Islamic International Bank, and Abdullatif Alissa Holding Group.Real Estate: A’ayan has acquired a number of lands in Jeddah with the aim of developing residential units. The company is currently negotiating the development of a number of real estate projects in Jeddah and Riyadh. One of A’ayan’s main investments in Saudi so far, is Hajjar tower in the holy city of Makkah.Auto Leasing: A’ayan Arabia Holding has recently started its operations through the establishment of auto leasing company. The company’s fleet is now approaching 300 cars and is expected to exceed 1,000 cars before the end of 2008.
Ewaan Global Residential Company was established in 2007 as a joint venture 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.
The company vision is to cater to the needs of middle income group by developing integrated residential compounds with high quality and competitive prices.
The company seeks to continue building up its series of alliances with reputed and renowned international organizations and entering strategic partnerships with these entities in all management, technical, financial and marketing aspects.
The company’s maiden project is a mega residential city comprises of 2500 residential units and integrated facilities and services. Situated in the north west of Jeddah, the SR 1.2 billion project is scheduled for construction by end of 2008.
Principle Diamond Sponsor
Tanmiyat Group is one of the Middle East's leading real estate and investment companies, enjoying a portfolio that speaks for itself. Since its inception in 1982, Tanmiyat has set itself apart from the crowd to become a leader in its field, enriching the societies in which it operates. Utilizing the industry's most skilled engineers, creative architects and designers, Tanmiyat has developed groundbreaking projects in the pursuit of excellence.Tanmiyat Group has maintained joint ventures and projects across the region, including the Kingdom of Saudi Arabia, the United Arab Emirates, and Jordan, with investment plans for India, China and Tunisia.
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