Al Akaria is a Saudi joint-stock company established under a Royal Decree on 17/07/1396 Hijri corresponding to 15/07/1976, registered in Riyadh, Kingdom of Saudi Arabia. The Public Investment Fund owns 64.57% of the Company’s shares, while the remaining shares, which represent 35.43%, are owned by other shareholders, each owns less than 5%.

Al Akaria owns lands that are suitable for development and construction of residential and commercial buildings for selling or leasing under an operating lease contract, manages real estate in favor of the company or a third party. Purchase, produce, sells and leases materials and equipment necessary for construction, undertakes contracting work for buildings, and performs all works related to its objective’s achievement.