On February 12th 2015 Swicorp has successfully closed Ewan Al Qayrawan Real Estate Development Fund as private placement fund, after raising over SAR 244 Million, Equity and Debt, to finance a property development project consisting of 164 residential villas in Dammam city, Eastern province Saudi Arabia
The developper Retal Urban Development Company, is a Saudi real estate development company and subsidiary of the Al-Fozan Group, and is managed by executives with long experience in the field of real estate development.