ALAHLI SEDCO RESIDENTIAL DEVELOPMENT FUND CLOSES AT SR350 MILLION


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SEDCO Development, a subsidiary of SEDCO Holding Group and the prime developer of AlAhli SEDCO Residential Development Fund, has been awarded a contract for the construction of Gardenia Residence, a project owned by the fund in partnership with Ghoneim International Co. Ltd. 

The project’s execution phase is 19 months, with expected delivery date set for end of 2016.

Khalid Assad Jamjoom, CEO of SEDCO Development, and Al-Said Ghoneim, GM of Ghoneim International Co. Ltd. signed the contract. 

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