On the Sidelines of Cityscape Global 2024 Miskan Signs MOU with Wadi Degla Developments to Redefine Residential Communities in Saudi Arabia
Riyadh, Saudi Arabia – Miskan Real Estate Company has signed a landmark Memorandum of Understanding (MOU) with Wadi Degla Developments during the prestigious *Cityscape Global 2024* event. This strategic collaboration aims to introduce innovative housing solutions that cater to the needs of Saudi residents, reflecting Wadi Degla's commitment to regional expansion and Miskan's alignment with Saudi Vision 2030
The partnership will bring Wadi Degla's signature “CLUB TOWN” model to Saudi Arabia, seamlessly integrating gated residential communities with sports and recreational facilities. This approach not only optimizes land usage but also elevates the quality of services available to residents, creating a holistic and secure living environment
Talal Hisham Al-Mutlaq, CEO of Miskan Real Estate Company, expressed his enthusiasm, highlighting the collaboration's role in enhancing Saudi Arabia's housing landscape. Meanwhile, Dr. Raymond Ahdy, CEO of Wadi Degla Developments, underscored the project's alignment with the Kingdom's booming real estate market and the broader goals of Vision 2030
The initiative marks a significant milestone in redefining modern living standards in Saudi Arabia. Further project details, including site locations and design specifics, are expected to be revealed soon
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