Al Kathiri Approves Establishment of Saraya Al Diyar Investment Company

Key details include:

• Entity Type: Limited liability company
• Capital: SAR 1 million
• Ownership: Fully owned by Al Kathiri Holding
• Purpose: Investments in the hospitality and hotel sector

Saraya Al Diyar Investment will focus on developing high-quality, integrated hotel destinations, alongside modern retail and entertainment facilities designed to meet the local market’s needs. The company aims to adopt global standards in design and operations to deliver a premium hospitality experience.

The establishment of Saraya Al Diyar Investment is subject to obtaining necessary approvals and licenses from relevant authorities.

In a statement on “Tadawul,” Al Kathiri Holding emphasized that this step aligns with its strategic goals to diversify its business portfolio, expand into promising sectors, enhance competitiveness, and ensure sustainable growth over the long term.