sumou.com.saCrawled Nov 10, 2026
Sumou Real Estate and Arch Capital sign a development management agreement for a mixed-use tower on Jeddah Corniche.
Sumou Real Estate and Arch Capital signed a development agreement for a mixed-use tower on Jeddah Corniche, with sales expected to exceed SAR 700 million.
Smou Real Estate opens nominations for its next board of directors term, lasting four years.
Saudi Exchange listed Smou Real Estate shares on the main market on September 7, 2023.
The company provides financial indices, official documents, and reports, including the commercial register, corporate bylaws, and annual reports for 2021 and 2022.
Smou Real Estate develops integrated communities and urban projects in Saudi Arabia to achieve Vision 2030.
Sumou Real Estate and Arch Capital collaborate on a **mixed-use tower** at Jeddah Corniche under a Development Management Agreement. The project targets **sales exceeding SAR 700 million** and aims to establish a premium waterfront destination. The partnership underscores rising investor confidence in Saudi Arabia’s real estate market.
Jul 2026SumouNews article
Forbes Middle East includes **Eng. Jarallah Al Amrah**, CEO of **Sumou Real Estate**, in its 2025 list of the most influential leaders in the real estate sector. The recognition highlights his leadership role in shaping the industry’s direction. Sumou continues to develop mixed-use projects, including its flagship initiative in Saudi Arabia.
May 2026SumouNews article
Sumou Real Estate Co. signs a supplementary agreement for the Anara development project. The deal follows an earlier management contract and expands the scope of the company’s involvement in the real estate venture. Details on the agreement’s terms or project specifics were not disclosed in the report.
Feb 2026ArgaamPlusNews article
Sumou Real Estate secures a **SAR 423.4 million** contract with Areeb Advanced Real Estate to develop, design, and construct a mixed-use residential and commercial tower in **Makkah**. The agreement, signed on **January 29**, outlines the project scope but does not disclose further details on timelines or specifications. The deal highlights Sumou’s expansion in Saudi Arabia’s high-growth real estate sector, targeting urban infrastructure demand.
Feb 2026ArgaamPlusNews article
