Since 2007, Memar has been writing the story of Saudi real-estate development — through leadership, strategy, sustainability and impact.
Memar is a Saudi real-estate development & investment company, founded in 2007 in Riyadh. The company is governed by a seven-member board, with activities spanning hospitality, residential, and commercial real-estate development.
Memar's strategy rests on four pillars aligned with Saudi Vision 2030:
Memar started developing and selling residential projects in Riyadh.
The company expanded into hospitality and commercial investment.
The company became a closed joint-stock entity, paving the way for a future listing.
Partial private placement; capital raised to SAR 485 million.
Launch of the five-year strategy and expansion to new cities.