Artificial Intelligence
Builders Company
R
RetalKhobar, Saudi Arabia · founded 2012 · 1 active markets
PUBLIC LISTED

Retal develops residential communities, commercial properties, mixed-use destinations, branded residences, and hospitality-led urban projects across Saudi Arabia. Its integrated model serves homebuyers, national housing programs, institutional investors, and communities seeking sustainable, well-designed environments aligned with the Kingdom’s Vision 2030 priorities.

Years in business
14
founded 2012
Employees
236
company-stated employees · 2025 · size band 1,001–5,000
LinkedIn headcount
1,001-5,000
employees, as shown on LinkedIn
Portfolio value
SAR 42.6 billion
2025
Assets under management
SAR 11.1 billion
2024
Total projects
57
across the company’s whole history
Units delivered
731
as the company states it
Projects last researched October 14, 2026
Every figure on this card was read out of a document.

Overview

Investor tear sheet

a summary of the tabs that follow · no rating of our own

Company dossier

Legal name
Retal Urban Development Company1
Headquarters
King Faisal Rd1, Khobar1, Saudi Arabia
Founded
20121
Entity type
PUBLIC LISTED1
Business model
offplan for sale1, mixed use1, commercial1, masterplan1
Markets
1 market listed
What they build
Residential, for sale (8 of 9) · Other (1 of 9)
Full dossier in About →

Delivery record

4 date-assessed of 9 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
9
within the rolling ten-year window
Median delay
+8.3 mo
the middle of 4 scored projects
Average delay
+7.5 mo
the same projects, pulled by the worst
Average time to deliver
4.2 yrs
start to completion, over 3 delivered projects
Worst slip
+13.5 mo
Nesaj Town II · +7.0 to +20.0
2
early or less than 6 months late
6 to 12 months late
1
yellow rows below
Over 12 months late
1
red rows below

Against other developers

4 date-assessed here · 18 developers, 35 date-assessed projects in Saudi Arabia
Median delay
Retal·18 developers in Saudi Arabia
+8.3 mo vs +9.5 mo
this developer 1.2 mo better
The typical project on each side.
Average delay
Retal·18 developers in Saudi Arabia
+7.5 mo vs +14.8 mo
this developer 7.3 mo better
Both pulled by their worst few.
On time
Retal·18 developers in Saudi Arabia
50% vs 49%
this developer 1 pts better
Share of date-assessed projects delivered early or less than 6 months after the original target. Exactly 6 months late is excluded.
Average time to deliver
Retal·18 developers in Saudi Arabia
4.2 yrs vs 3.6 yrs
this developer 0.6 yrs slower
Start to completion, over 3 delivered here and 28 in the market.
Projects and timelines in Track Record →

Resident experience

8 of 9 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
8.1/ 10
Weighted judgment across build and operations · from 8 of 8 rated buildings
Structure & systems
8.1/ 10
Fabric, services, waterproofing, envelope · from 5 of 8 rated buildings
Management & living
8.2/ 10
Upkeep, response times, amenities, community · from 7 of 8 rated buildings

Against other developers

8 rated here · 25 developers, 60 rated buildings in Saudi Arabia
Overall rating
Retal · 25 other developers in Saudi Arabia
8.1 vs 7.9
this developer 0.2 better
The weighted verdict on each side. From 8 of 8 rated buildings here and 60 in the market.
Structure & systems
Retal · 25 other developers in Saudi Arabia
8.1 vs —
Too few buildings with this score in Saudi Arabia to compare (13)
Fabric and engineering only — fixed at handover. From 5 of 8 rated buildings here and 13 in the market.
Management & living
Retal · 25 other developers in Saudi Arabia
8.2 vs 7.6
this developer 0.6 better
Upkeep and response — belongs to whoever runs the building now. From 7 of 8 rated buildings here and 56 in the market.
The market here is Saudi Arabia: every other developer whose head office is in the same country, because the review platforms residents use, and the service norms they judge against, move together within one. It is not a city, a sector or a price band. Read structure and living together. A developer above the market on structure and below it on living builds well and runs buildings badly, which is a fixable problem and a different one from building badly. Higher ratings are better; differences use the displayed scores rounded to one decimal. Rated buildings only, on both sides, and a structure or living score with no stated basis — no review count and no notes or links — is left out of both.
Ratings by building →

Awards & recognition

All awards →

Risks & source coverage

  • PROJECT CANCELLED 2025-01-01 (announcement/publication date; liquidation notice received from the fund manager) Business Park (Saudi Arabia): Retal Urban Development said the BLOMINVEST-managed Business Park Fund had begun liquidation procedures through the sale of the project for SAR470 million; this documents an exit/liquidation of the fund’s development rather than an ongoing Retal project, while the disclosure did not allege construction failure or assign fault beyond the fund structure.
Record status
active
Company sources
125 source entries across 125 fields
Projects tracked
9 · 9 completed in assessment
All flags and sources →

Track Record

Delivery record

4 date-assessed of 9 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
9
within the rolling ten-year window
Median delay
+8.3 mo
the middle of 4 scored projects
Average delay
+7.5 mo
the same projects, pulled by the worst
Average time to deliver
4.2 yrs
start to completion, over 3 delivered projects
Worst slip
+13.5 mo
Nesaj Town II · +7.0 to +20.0
2
early or less than 6 months late
6 to 12 months late
1
yellow rows below
Over 12 months late
1
red rows below

Against other developers

4 date-assessed here · 18 developers, 35 date-assessed projects in Saudi Arabia
Median delay
Retal·18 developers in Saudi Arabia
+8.3 mo vs +9.5 mo
this developer 1.2 mo better
The typical project on each side.
Average delay
Retal·18 developers in Saudi Arabia
+7.5 mo vs +14.8 mo
this developer 7.3 mo better
Both pulled by their worst few.
On time
Retal·18 developers in Saudi Arabia
50% vs 49%
this developer 1 pts better
Share of date-assessed projects delivered early or less than 6 months after the original target. Exactly 6 months late is excluded.
Average time to deliver
Retal·18 developers in Saudi Arabia
4.2 yrs vs 3.6 yrs
this developer 0.6 yrs slower
Start to completion, over 3 delivered here and 28 in the market.
The market here is Saudi Arabia: every other developer whose head office is in the same country, because planning regimes and reporting norms move together within one. It is not a city, a sector or a size band. Read the two delay figures together. A median close to the market with a much better average means no single disaster; the reverse means one project is carrying the record. Time to deliver runs from the earliest start we hold to the completion itself — a construction start where a source gave one, otherwise a sales launch, otherwise the launch year read as its January. A handover the sources place only inside a year is read as that December, so a duration is the widest the record allows rather than the flattering end of it. Only delivered projects dated at both ends count, so it is taken over fewer projects than the delay figures, and a long build is not a fault: a tower is not a villa run. Sourced figures only, both sides, and values taken from documents held on file are excluded here — a developer who shares their records should not score better than one who does not.

Construction start to handover

9 of 9 projects dated · 3 places
Based on covered projects with documented construction or launch dates and available handover dates. Timelines vary by project and may not represent the developer’s full portfolio.
Construction start, or the launchTarget completion (window)Completion or handover, as reportedCurrently statedLaunch year only, no date publishedEarly or ≤6 mo lateOver 6–12 mo lateOver 12 mo lateStalled
Riyadh, Saudi Arabia
Al Khobar, Saudi Arabia
Dammam, Saudi Arabia
2015201620172018201920202021202220232024202520262027todayRIYADH, SAUDI ARABIAon timeverified>9 mo earlyestimatedcompleted, no target publishedAL KHOBAR, SAUDI ARABIA+4.5 moverifiedcompleted, no target published+12 moverifiedDAMMAM, SAUDI ARABIA+13.5 moverified+38.5 moestimatedcompleted, no target published
Click a row in the chart to open a project, or a table row below to see its sources. The chart runs wider than the page where the record spans many years — scroll it sideways to follow a project to its handover. Every date we have is drawn. A hollow marker is only a launch year, not a date anyone published. No dates published means we looked and found none; dates not yet checked means we have not looked yet. Handing over is not finished — rows say which. A delay is shown when one source gives the promised date and another gives the real one, however rough: "2019" still counts, and the row shows how wide that is. Projects missing one of the two dates, or with sources that disagree, are left out of the figures. 1 dated statement is held back: a broker listing with no date on it, or a page with no year, cannot fix a date. 3 turned out to be about something else — a phase, a neighbour, the wider masterplan — and are marked off-subject.

Building & Livability Ratings

Resident experience

8 of 9 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
8.1/ 10
Weighted judgment across build and operations · from 8 of 8 rated buildings
Structure & systems
8.1/ 10
Fabric, services, waterproofing, envelope · from 5 of 8 rated buildings
Management & living
8.2/ 10
Upkeep, response times, amenities, community · from 7 of 8 rated buildings

Against other developers

8 rated here · 25 developers, 60 rated buildings in Saudi Arabia
Overall rating
Retal · 25 other developers in Saudi Arabia
8.1 vs 7.9
this developer 0.2 better
The weighted verdict on each side. From 8 of 8 rated buildings here and 60 in the market.
Structure & systems
Retal · 25 other developers in Saudi Arabia
8.1 vs —
Too few buildings with this score in Saudi Arabia to compare (13)
Fabric and engineering only — fixed at handover. From 5 of 8 rated buildings here and 13 in the market.
Management & living
Retal · 25 other developers in Saudi Arabia
8.2 vs 7.6
this developer 0.6 better
Upkeep and response — belongs to whoever runs the building now. From 7 of 8 rated buildings here and 56 in the market.
The market here is Saudi Arabia: every other developer whose head office is in the same country, because the review platforms residents use, and the service norms they judge against, move together within one. It is not a city, a sector or a price band. Read structure and living together. A developer above the market on structure and below it on living builds well and runs buildings badly, which is a fixable problem and a different one from building badly. Higher ratings are better; differences use the displayed scores rounded to one decimal. Rated buildings only, on both sides, and a structure or living score with no stated basis — no review count and no notes or links — is left out of both.

By building

8 rated · 1 not rated · scale 1–10
ProjectOverallStructure & systemsManagement & living
Nesaj Al Fursan – Phase 1Fursan Destination, Riyadh759 units
9.1/ 10
8.9/ 10
9.1/ 10

The 4.7/5 aggregate from 137 reviews is the only published building-specific rating located and therefore sets the level; it converts to approximately 9.1/10 on the requested market curve. The written comments contain both strong praise and meaningful allegations about handover quality and responsiveness, so the score is tempered slightly rather than treated as an unqualified 9.1.

+ Reported ongoing and precise work
− Alleged poor delivered quality− Alleged prolonged handover waits
+ Positive views of Retal+ Perceived attractive future neighbourhood+ Reported continuing work
− Customer-service nonresponse complaint− Presale uncertainty

No independent engineering or systems assessment was published in the material reviewed. One 2026 review alleges buyers can wait years for handover and receive the villa “بأسوأ مما تتخيل” (“worse than you can imagine”), while a separate review says work was “مستمر ودقيق” (“ongoing and precise”); these are resident/customer assertions, not verified inspections.

Operational feedback is mixed. A 2023 review said customer service was poor and “مايردون” (“does not respond”), while later comments praised Retal and described the work as “مستمر ودقيق” (“ongoing and precise”); official reporting also says Phase 1 handovers began ahead of schedule, but that is a delivery announcement rather than a resident satisfaction rating.

Retal ResidenceAl Sadafah, Al Khobar416 units
9.0/ 10
—/ 10
9.0/ 10

The Google Reviews/Maps aggregate of 4.6/5 from 184 reviews sets the level and converts to approximately 8.9/10 under the requested market curve. Repeated praise concerns amenities, staff, safety, cleanliness and the calm atmosphere; isolated operational complaints were reported but were not recurring or severe enough to reduce the score under the stated rules.

+ Extensive amenities+ Helpful or praised staff+ Safe environment+ Clean and calm atmosphere+ Housekeeping available
− Delayed security-deposit refund− Reported rude management interaction− Visitor-access dispute− Distance concern

no notes returned

no links returned

Residents and visitors praised the compound’s facilities, staff and atmosphere: one review called the service “unbelievable” and “almost like living in a resort,” while another described it as “safe, clean, and calm.” The main operational criticism reported was that a security deposit had still not been returned after more than two months, alongside an allegation that the manager was “very rude”; another reviewer described a dispute over allowing a friend onto a school bus.

Nesaj Town IIDammam1,653 units
8.7/ 10
8.7/ 10
8.7/ 10

The Google/Maps place listing provides the largest and only qualifying aggregate review base: 4.6/5 from 186 reviews, converted to 8.7/10 using the stated market curve. The sampled reviews add positive commentary on design, comfort, finishing and community, alongside service/infrastructure complaints; no independent competing aggregate rating was found. Retal's 2023 report says 552 Nesaj Town 2 units were delivered in 2023, but that completion figure is not a resident-quality rating.

+ Clean workmanship and finishing reported+ Attractive building design+ Comfortable homes reported
− One report of slow construction− Some streets reportedly not paved
+ Comfort and views praised+ Pleasant neighbors and area+ Attractive design+ Neighborhood described as orderly and beautiful
− Missing basic services reported− Weak telecommunications reported− Some streets not paved− Schools, clinics, mosques and drainage said to be lacking in one review

The sampled building-related feedback is favorable on appearance and finishing: one reviewer wrote “Beautifully designed building, complete comfort and a wonderful view,” while another reported “شغلهم نظيف وتشطيب جميل” (“their work is clean and the finishing is beautiful”). Countervailing evidence includes a 1/5 review alleging very slow construction and a 2021 newspaper report that some delivered homes lacked complete surrounding infrastructure; no published engineering or systems rating was found.

Daily-life feedback is mixed but leans positive: reviewers describe the project as comfortable, attractive and having good neighbors, including “المشروع جميل والجيران اجمل والمنطقة مميزة” (“the project is beautiful, the neighbors are nicer, and the area is distinctive”). However, a 2025 review said the neighborhood was orderly but lacked “schools, clinics, mosques, water connection and drainage,” while earlier residents reported more than 100 connectivity complaints and difficulty reaching emergency services in parts of the neighborhood.

Nesaj TownDammam674 units
8.6/ 10
8.6/ 10
8.6/ 10

Google Reviews/Maps provides the largest published review base at 4.6/5 from 186 reviews, which converts to 8.8 under the requested curve. The score is adjusted modestly downward for repeated complaints about missing basic services; older infrastructure reporting is treated as historical and uncertain as of 2026-10-14, not as proof of a current defect.

+ Clean finishing reported+ Wide streets described by developer+ Construction completion reported for delivered phase
− Slow construction reported− Telecommunications/internet infrastructure complaints− Unpaved streets reported− Incomplete infrastructure reported
+ Attractive design+ Comfort and views praised+ Pleasant neighbours+ Area described as distinctive+ High-end appearance praised
− Missing schools and clinics reported− Missing mosques and parks reported− Weak telecommunications coverage reported− Unpaved streets reported− Missing drainage/services reported

One review complained of “البطيء الشديد للبناء” (“very slow construction”) and said the house was still unfinished. Separately, a 2021 report quoted residents saying villas had been handed over without complete infrastructure and that communications and internet were unavailable; this is old evidence and does not establish that the problem remained unresolved on 2026-10-14.

Reviews praise the project as “beautifully designed,” comfortable and attractive, and one says “the project is beautiful and the neighbours are even better.” Countervailing feedback says the area lacks basic services—including schools, clinics, mosques, water and drainage—and another review cites absent telecommunications coverage and streets that were not yet paved; the 2021 newspaper complaints are historical rather than proof of the current position.

Nesaj RiyadhAl Jwan, Riyadh695 units
7.7/ 10
—/ 10
7.5/ 10

Google Reviews/Maps supplies the largest published review base at 4.2/5 from 217 reviews, which converts to approximately 7.6/10 under the requested curve. Yandex is more positive but has only 14 reviews, while the sampled written feedback includes both strong amenity and staff praise and a serious delay complaint; because neither complaint is shown by more than one separate review in the material read, the final resident score remains 7.5/10.

− Reported engineering/construction errors
+ Integrated park, mosque and shopping centre+ Positive handover/staff feedback+ Affordable pricing praised
− Delayed handover− Communication complaints

A published resident complaint alleges “engineering and construction errors” in a villa and says they were documented with photographs and video. No published aggregate structural or systems sub-score was found, so the physical-condition evidence remains limited to this single complaint.

The published place reviews include praise that the neighbourhood is among the best in Khuzam Suburb and is integrated with “a park, mosque and shopping centre,” plus positive comments thanking Retal staff and describing them as respectful. The counterpoint is a 1/5 review alleging a promised 2022 handover had still not occurred after “a year and seven months” of postponements, with no spokesperson or update and continuing rent and instalment pressure.

Ewan Al MaaliDammam76 units
7.5/ 10
7.0/ 10
7.2/ 10

The 4.1/5 building listing rating based on 68 reviews sets the level and converts to 7.0/10 under the specified curve. Favorable repeated comments about design, finishes, location and responsiveness support a modest upward adjustment, while the repeated price criticism is minor rather than an operational or structural failure.

+ Good finishes+ Quality construction reported+ Effective space utilization+ Modern design
+ Responsive staff praised+ Attractive villas+ Excellent location+ Privacy and family-oriented setting
− High price relative to size− Limited ground-floor space reported

The available building-specific comments are positive about fabric and finish: one reviewer wrote “ممتاز والتفنيشات ممتازة” (“excellent, and the finishes are excellent”), and another described the “quality” and “design” as excellent. No published review located here reports leaks, plumbing, HVAC, electrical, lift or other serious systems failures, so those systems remain unevidenced rather than scored separately.

Day-to-day feedback is generally favorable: a 2026 review praises “سرعة تجاوب، مساعدة على أكمل وجه وتفاني” (quick responsiveness, full assistance and dedication), while other reviewers call the villas “Nice” and praise the location. The main recurring reservation is value, with comments that the price is high relative to the area; one review also says the ground floor is small and lacks a women’s majlis.

Nesaj Al KhobarRemal, Al Khobar118 units
7.3/ 10
7.3/ 10
7.3/ 10

The building-specific Google listing publishes 4.1/5 from 37 reviews, which sets the anchor; using the stated conversion curve, 4.1/5 converts to approximately 7.3/10. The two accessible written reviews add some positive location and construction commentary and one dated handover concern, but no recurring theme qualifies for a commentary adjustment; confidence is limited because the detailed written evidence is old and sparse.

+ Good construction materials reported+ Distinctive construction method reported
− Handover not completed at review date
+ Quiet location+ Distinctive location+ Near Half Moon Beach
− Completion-dependent experience reported

One March 20, 2023 review said the villa had not yet been handed over, but described the construction as “متميز و ممتاز من ناحية المواد المستخدمة وطريقة البناء” (“excellent in terms of the materials used and the construction method”). This is direct resident-style feedback on construction quality, but it is an old, single review and does not establish the condition of every villa as of October 14, 2026.

A November 2, 2022 review described the location as “هادئ ومميز” (“quiet and distinctive”) and said it could be among the best locations in Khobar after all buildings were completed. The accessible feedback is thin and largely concerns location and project completion; it does not provide current, detailed evidence about management speed, security, staff attitude, or common-area upkeep.

Ayala Al NakheelAl Nakheel, Al Khobar58 units
7.0/ 10
—/ 10
—/ 10

لا توجد قاعدة مراجعات منشورة كافية للتسجيل وفق قواعدك: نتيجة Yango تعرض 4.3/5، لكنها لا تعرض عدد المراجعات، ولم تُقرأ مراجعات فردية. لذلك لا يمكن إنشاء مرساة صالحة أو اشتقاق درجة.

no notes returned

no links returned

no notes returned

no links returned
Only buildings that have reached handover are rated. 1 of 9 projects carries no rating: a building still under construction is never asked about, one that has just been handed over may not have been reached yet, and the rest were asked about and no published resident commentary was found. Structure is fixed at handover and stays the developer's; management and living belongs to whoever runs the building now. The overall verdict weights both rather than averaging them. None of this is checked: a rating is what people published about a building, aggregated — it is not evidence, it cannot move a delay figure, and it is not part of the delivery record above.

About

Company dossier

Legal name
Retal Urban Development Company
Headquarters
King Faisal Rd, Khobar, Saudi Arabia
AlRawabi District · 31952
Founded
2012
Saudi Arabia
Entity type
PUBLIC LISTED
Revenue
SAR 2437.81 million
2025
Business model
offplan for sale, mixed use, commercial, masterplan

Offices

head office and 2 others
RiyadhJeddah

Sources: office cities

COMPANYdate not shown in source

CONTACT - Retal

Retal Urban Development Company
## Riyadh Regional Office & Sales Center, Northern Ring Rd, AlWadi District
value seen: Riyadh
https://retal.com.sa/en/contact/

Sources: office cities

COMPANYdate not shown in source

CONTACT - Retal

Retal Urban Development Company
## Jeddah Regional Office & Sales Center, King Abdulaziz Rd, AlZahra District
value seen: Jeddah
https://retal.com.sa/en/contact/

Partners

6 partners
National Housing Company
government partner

Retal secured a SAR 5.2 billion development agreement with NHC for 4,839 residential units and mixed-use infrastructure in Al Fursan, Riyadh.

ROSHN
government partner

During Cityscape, launched the Sedra 5 residential project in partnership with ROSHN, adding 651 units to our portfolio.

JABEEN
government partner

Entered Jubail City for the first time, signing a SAR 1,210 million contract to deliver 901 residential units for JABEEN.

Marriott International
operator

entered into 11 strategic agreements, including a hotel operation agreement with Marriott International

BLOMINVEST
funder

with BLOMINVEST initiating the liquidation of the Business Park Fund, targeting SAR 470 million in proceeds

Watheeq Capital
funder

Launched a SAR 636 million residential funds with Watheeq Capital for ~206 units in Makkah

Sources: name

COMPANYdate not shown in source

Growing Communities. Enriching Lives.

Retal Urban Development Company
Retal secured a SAR 5.2 billion development agreement with NHC for 4,839 residential units and mixed-use infrastructure in Al Fursan, Riyadh.
value seen: National Housing Company
held out of the figures · the quote does not carry this value
https://retal.com.sa/wp-content/uploads/2026/06/Retal_IR2025_EN.pdf

Sources: partner type

COMPANYdate not shown in source

Growing Communities. Enriching Lives.

Retal Urban Development Company
Retal secured a SAR 5.2 billion development agreement with NHC for 4,839 residential units and mixed-use infrastructure in Al Fursan, Riyadh.
value seen: GOVERNMENT_PARTNER
value paraphrased from this source
https://retal.com.sa/wp-content/uploads/2026/06/Retal_IR2025_EN.pdf

Sources: summary

COMPANYdate not shown in source

Growing Communities. Enriching Lives.

Retal Urban Development Company
Retal secured a SAR 5.2 billion development agreement with NHC for 4,839 residential units and mixed-use infrastructure in Al Fursan, Riyadh.
value seen: Retal secured a SAR 5.2 billion development agreement with NHC for 4,839 residential units and mixed-use infrastructure in Al Fursan, Riyadh.
https://retal.com.sa/wp-content/uploads/2026/06/Retal_IR2025_EN.pdf

Sources: name

COMPANYdate not shown in source

Growing Communities. Enriching Lives.

Retal Urban Development Company
During Cityscape, launched the Sedra 5 residential project in partnership with ROSHN, adding 651 units to our portfolio.
value seen: ROSHN
https://retal.com.sa/wp-content/uploads/2026/06/Retal_IR2025_EN.pdf

Sources: partner type

COMPANYdate not shown in source

Growing Communities. Enriching Lives.

Retal Urban Development Company
During Cityscape, launched the Sedra 5 residential project in partnership with ROSHN, adding 651 units to our portfolio.
value seen: GOVERNMENT_PARTNER
value paraphrased from this source
https://retal.com.sa/wp-content/uploads/2026/06/Retal_IR2025_EN.pdf

Sources: summary

COMPANYdate not shown in source

Growing Communities. Enriching Lives.

Retal Urban Development Company
During Cityscape, launched the Sedra 5 residential project in partnership with ROSHN, adding 651 units to our portfolio.
value seen: During Cityscape, launched the Sedra 5 residential project in partnership with ROSHN, adding 651 units to our portfolio.
https://retal.com.sa/wp-content/uploads/2026/06/Retal_IR2025_EN.pdf

Sources: name

COMPANYdate not shown in source

Growing Communities. Enriching Lives.

Retal Urban Development Company
Entered Jubail City for the first time, signing a SAR 1,210 million contract to deliver 901 residential units for JABEEN.
value seen: JABEEN
https://retal.com.sa/wp-content/uploads/2026/06/Retal_IR2025_EN.pdf

Sources: partner type

COMPANYdate not shown in source

Growing Communities. Enriching Lives.

Retal Urban Development Company
Entered Jubail City for the first time, signing a SAR 1,210 million contract to deliver 901 residential units for JABEEN.
value seen: GOVERNMENT_PARTNER
value paraphrased from this source
https://retal.com.sa/wp-content/uploads/2026/06/Retal_IR2025_EN.pdf

Sources: summary

COMPANYdate not shown in source

Growing Communities. Enriching Lives.

Retal Urban Development Company
Entered Jubail City for the first time, signing a SAR 1,210 million contract to deliver 901 residential units for JABEEN.
value seen: Entered Jubail City for the first time, signing a SAR 1,210 million contract to deliver 901 residential units for JABEEN.
https://retal.com.sa/wp-content/uploads/2026/06/Retal_IR2025_EN.pdf

Sources: name

COMPANYdate not shown in source

Growing Communities. Enriching Lives.

Retal Urban Development Company
entered into 11 strategic agreements, including a hotel operation agreement with Marriott International
value seen: Marriott International
https://retal.com.sa/wp-content/uploads/2026/06/Retal_IR2025_EN.pdf

Sources: partner type

COMPANYdate not shown in source

Growing Communities. Enriching Lives.

Retal Urban Development Company
entered into 11 strategic agreements, including a hotel operation agreement with Marriott International
value seen: OPERATOR
value paraphrased from this source
https://retal.com.sa/wp-content/uploads/2026/06/Retal_IR2025_EN.pdf

Sources: summary

COMPANYdate not shown in source

Growing Communities. Enriching Lives.

Retal Urban Development Company
entered into 11 strategic agreements, including a hotel operation agreement with Marriott International
value seen: entered into 11 strategic agreements, including a hotel operation agreement with Marriott International
https://retal.com.sa/wp-content/uploads/2026/06/Retal_IR2025_EN.pdf

Sources: name

COMPANYdate not shown in source

Growing Communities. Enriching Lives.

Retal Urban Development Company
with BLOMINVEST initiating the liquidation of the Business Park Fund, targeting SAR 470 million in proceeds
value seen: BLOMINVEST
https://retal.com.sa/wp-content/uploads/2026/06/Retal_IR2025_EN.pdf

Sources: partner type

COMPANYdate not shown in source

Growing Communities. Enriching Lives.

Retal Urban Development Company
with BLOMINVEST initiating the liquidation of the Business Park Fund, targeting SAR 470 million in proceeds
value seen: FUNDER
value paraphrased from this source
https://retal.com.sa/wp-content/uploads/2026/06/Retal_IR2025_EN.pdf

Sources: summary

COMPANYdate not shown in source

Growing Communities. Enriching Lives.

Retal Urban Development Company
with BLOMINVEST initiating the liquidation of the Business Park Fund, targeting SAR 470 million in proceeds
value seen: with BLOMINVEST initiating the liquidation of the Business Park Fund, targeting SAR 470 million in proceeds
https://retal.com.sa/wp-content/uploads/2026/06/Retal_IR2025_EN.pdf

Sources: name

COMPANYdate not shown in source

Growing Communities. Enriching Lives.

Retal Urban Development Company
Launched a SAR 636 million residential funds with Watheeq Capital for ~206 units in Makkah
value seen: Watheeq Capital
https://retal.com.sa/wp-content/uploads/2026/06/Retal_IR2025_EN.pdf

Sources: partner type

COMPANYdate not shown in source

Growing Communities. Enriching Lives.

Retal Urban Development Company
Launched a SAR 636 million residential funds with Watheeq Capital for ~206 units in Makkah
value seen: FUNDER
value paraphrased from this source
https://retal.com.sa/wp-content/uploads/2026/06/Retal_IR2025_EN.pdf

Sources: summary

COMPANYdate not shown in source

Growing Communities. Enriching Lives.

Retal Urban Development Company
Launched a SAR 636 million residential funds with Watheeq Capital for ~206 units in Makkah
value seen: Launched a SAR 636 million residential funds with Watheeq Capital for ~206 units in Makkah
https://retal.com.sa/wp-content/uploads/2026/06/Retal_IR2025_EN.pdf

Registrations & licences

COMPANY NUMBER2051047761
Saudi Exchange company profile · Saudi Arabia · Active
Jurisdiction-agnostic: a DLD number, a Companies House number and a state RERA registration all land in the same table.

Contact

Markets

1 countries
Saudi Arabiaactive 9 projects tracked

What they build

2 types
Residential, for sale8 of 9
Other1 of 9
A project counts once under each type it carries, so the shares add to more than the project count.

Management

Principals & executives

6 names found
AA
Abdullah Abdullatif Al-Fozan
Al-Fozan is Retal’s board chairman and chairs its Executive Committee. He is also chairman of Bawan and Al Fozan Holding and has held multiple leadership positions across Saudi real estate, investment and operating companies; the company profile records more than 30 years of economics and business-administration experience.
Current title
Chairman; Chairman of the Executive Committee
since since July 4, 2020
Experience
30+ years economics/business
Companies before
none sourced
Education
King Saud UniversityBachelor of Accounting
Other boards
Chairman, Bawan Holding CompanyChairman, Al Fozan Holding CompanyChairman, Dhahran International Exhibitions CompanyVice Chairman, Saudi Tharwa CompanyBoard member, Jeddah Central Development Company
Known for
ChairmanBawan chairmanAl Fozan Holding chairman
https://linkedin.com/in/aalfozan

Sources: degree

COMPANY2022-04-13

Abdullah Abdullatif Al-Fozan - Retal

Retal Urban Development
Al-Fozan finished his studies and graduated in 1989 from King Saud University, Department of Business Administration – Accounting Department in Riyadh, Saudi Arabia.
value seen: Department of Business Administration – Accounting Department
https://retal.com.sa/en/member/abdullah-bin-abdullatif-al-fozan/

Sources: institution

COMPANY2022-04-13

Abdullah Abdullatif Al-Fozan - Retal

Retal Urban Development
Al-Fozan finished his studies and graduated in 1989 from King Saud University, Department of Business Administration – Accounting Department in Riyadh, Saudi Arabia.
value seen: King Saud University
https://retal.com.sa/en/member/abdullah-bin-abdullatif-al-fozan/

Sources: full name

COMPANY2022-04-13

Abdullah Abdullatif Al-Fozan - Retal

Retal Urban Development
Abdullah Abdullatif Al-Fozan Chairman Executive Committe Chairman
value seen: Abdullah Abdullatif Al-Fozan
https://retal.com.sa/en/member/abdullah-bin-abdullatif-al-fozan/

Sources: other boards

COMPANY2022-04-13

Abdullah Abdullatif Al-Fozan - Retal

Retal Urban Development
Al-Fozan has been Chairman of Bawan Since 2011, Chairman of Al-Fozan Holding Company since 2009, Chairman of Ajdan Real Estate Development Company since 2007 and Chairman of Maddad Company Ltd. since 2008
value seen: Chairman of Bawan Since 2011, Chairman of Al-Fozan Holding Company since 2009, Chairman of Ajdan Real Estate Development Company since 2007
https://retal.com.sa/en/member/abdullah-bin-abdullatif-al-fozan/

Sources: since

COMPANY2022-04-13

Abdullah Abdullatif Al-Fozan - Retal

Retal Urban Development
Al-Fozan has been Chairman of Ratal Urban Development Company since July 4, 2020, as well as chairman of the Executive Committee.
value seen: since July 4, 2020
https://retal.com.sa/en/member/abdullah-bin-abdullatif-al-fozan/

Sources: summary

COMPANY2024-05-25

Governance

Retal Urban Development
Experience Brings more than 30 years of experience in economics and business administration.
value seen: Chairman and business leader with more than 30 years of experience
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://retal.com.sa/annualreport/documents/Retal-AR23-Corporate-Governance.pdf

Sources: tags

COMPANY2022-04-13

Abdullah Abdullatif Al-Fozan - Retal

Retal Urban Development
Al-Fozan has been Chairman of Ratal Urban Development Company since July 4, 2020, as well as chairman of the Executive Committee. Al-Fozan has been Chairman of Bawan Since 2011, Chairman of Al-Fozan Holding Company since 2009
value seen: Chairman; Bawan; Al Fozan Holding
held out of the figures · the quote does not carry this value
https://retal.com.sa/en/member/abdullah-bin-abdullatif-al-fozan/

Sources: title

COMPANY2022-04-13

Abdullah Abdullatif Al-Fozan - Retal

Retal Urban Development
Al-Fozan has been Chairman of Ratal Urban Development Company since July 4, 2020, as well as chairman of the Executive Committee.
value seen: Chairman; Chairman of the Executive Committee
held out of the figures · the quote does not carry this value
https://retal.com.sa/en/member/abdullah-bin-abdullatif-al-fozan/
AF
Abdullah Faisal Al-Braikan
Al-Braikan founded Retal and, after serving as CEO from its establishment through April 12, 2026, became Managing Director on April 13, 2026. The exchange announcement credits him with real-estate-development and business-administration experience, while the company’s governance material records his architecture degree and prior project-management role at Abdullatif and Mohammed Al Fozan Company.
Current title
Managing Director; Founder
Experience
15+ years urban development
Companies before
Abdullatif and Mohammed Al Fozan Company
Education
King Faisal UniversityBachelor’s degree in architecture
Other boards
Board member, Jeddah Central Development CompanyBoard member, Saudi Tharwa CompanyChairman, Tadbeir Real Estate CompanyChairman, Nesaj Urban Development CompanyChairman, Building Construction Company Limited
Known for
FounderManaging DirectorArchitectureFormer CEO
https://linkedin.com/in/albraikan
since Managing Director effective April 13, 2026; CEO from establishment in 2012 until April 12, 2026
“This will support the company’s future ability to obtain additional financing to implement its projects, in addition to leveraging the expected cash flows from real estate sales and dividend distributions.” Argaam February 15, 2026https://www.argaam.com/en/article/articledetail/id/1880669
“The agreement marks a strategic turning point in the company’s journey and paves the way for establishing one of the largest private-sector real estate entities.” Argaam February 15, 2026https://www.argaam.com/en/article/articledetail/id/1880669

Sources: degree

EXCHANGE2026-04-13

Announcement Details

Saudi Exchange
Eng. Abdullah AlBraikan holds a bachelor’s degree in architecture from King Faisal University in Dammam.
value seen: bachelor’s degree in architecture
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details?anCat=1&anId=94357&locale=en

Sources: institution

EXCHANGE2026-04-13

Announcement Details

Saudi Exchange
Eng. Abdullah AlBraikan holds a bachelor’s degree in architecture from King Faisal University in Dammam.
value seen: King Faisal University
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details?anCat=1&anId=94357&locale=en

Sources: full name

EXCHANGE2026-04-13

Announcement Details

Saudi Exchange
Eng. Abdullah bin Faisal bin Abdulaziz AlBraikan as Managing Director of the Company, effective as of 13 April 2026G.
value seen: Abdullah Faisal Al-Braikan
held out of the figures · the quote does not carry this value
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details?anCat=1&anId=94357&locale=en

Sources: other boards

COMPANY2024-05-25

Governance

Retal Urban Development
Board Member – Jeddah Central Development Company (Closed Joint Stock Company).
value seen: Board Member – Jeddah Central Development Company
https://retal.com.sa/annualreport/documents/Retal-AR23-Corporate-Governance.pdf

Sources: previous companies

COMPANY2024-05-25

Governance

Retal Urban Development
Previous Executive Positions Projects Manager - Abdullatif and Mohammed Al Fozan Company (Closed Joint Stock Company).
value seen: Projects Manager - Abdullatif and Mohammed Al Fozan Company
https://retal.com.sa/annualreport/documents/Retal-AR23-Corporate-Governance.pdf

Sources: quote

PRESS2026-02-15

Retal’s Ajdan takeover paves way for mixed-use real estate sector: CEO

Argaam
“This will support the company’s future ability to obtain additional financing to implement its projects, in addition to leveraging the expected cash flows from real estate sales and dividend distributions,” Albraikan added.
value seen: This will support the company’s future ability to obtain additional financing to implement its projects, in addition to leveraging the expected cash flows from real estate sales and dividend distributions.
https://www.argaam.com/en/article/articledetail/id/1880669

Sources: quote

PRESS2026-02-15

Retal’s Ajdan takeover paves way for mixed-use real estate sector: CEO

Argaam
the agreement marks a strategic turning point in the company’s journey and paves the way for establishing one of the largest private-sector real estate entities
value seen: The agreement marks a strategic turning point in the company’s journey and paves the way for establishing one of the largest private-sector real estate entities.
https://www.argaam.com/en/article/articledetail/id/1880669

Sources: since

EXCHANGE2026-04-13

Announcement Details

Saudi Exchange
has served as the Chief Executive Officer of Retal Urban Development Company since its establishment in 2012G and until 12 April 2026G
value seen: Managing Director effective April 13, 2026; CEO from establishment in 2012 until April 12, 2026
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details?anCat=1&anId=94357&locale=en

Sources: summary

EXCHANGE2026-04-13

Announcement Details

Saudi Exchange
He possesses distinguished professional experience in the fields of real estate development and business administration and has held chairmanship and membership positions on boards of directors and committees of several leading entities
value seen: CEO and founder; now Managing Director
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details?anCat=1&anId=94357&locale=2026-04-13

Sources: tags

COMPANY2024-05-25

Governance

Retal Urban Development
Current Executive Positions − CEO – Retal Urban Development Company ... Experience Brings more than 15 years of experience in real estate development and business management.
value seen: CEO – Retal Urban Development Company; more than 15 years of experience
held out of the figures · the quote does not carry this value
https://retal.com.sa/annualreport/documents/Retal-AR23-Corporate-Governance.pdf

Sources: title

EXCHANGE2026-04-13

Announcement Details

Saudi Exchange
Eng. Abdullah bin Faisal bin Abdulaziz AlBraikan as Managing Director of the Company, effective as of 13 April 2026G.
value seen: Managing Director; Founder
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details?anCat=1&anId=94357&locale=en
KB
Kamal bin Ahmed Mohammed Ahmed
Kamal became Retal’s Chief Executive Officer effective April 13, 2026, succeeding Al-Braikan after the latter moved to Managing Director. Before joining Retal he was President of Bahrain’s Electricity and Water Authority and previously held senior ministerial and public-sector leadership roles; his stated academic background is civil engineering and international project management.
Current title
Chief Executive Officer
Experience
no career length stated
Companies before
Electricity and Water Authority, Bahrain
Education
University of BahrainBachelor’s degree in Civil Engineering
University of LeedsMaster’s degree in International Project Management
Other boards
Former chairman/board member, Bahrain Economic Development BoardFormer board member, Mumtalakat Holding CompanyFormer board member, Gulf Air GroupFormer board member, Bahrain Airport CompanyFormer board member, Edamah Real Estate Company
Known for
CEOFormer Bahrain ministerFormer Electricity and Water Authority presidentCivil engineeringInternational project management
since effective April 13, 2026

Sources: education

EXCHANGE2026-04-13

Announcement Details

Saudi Exchange
Eng. Kamal bin Ahmed holds a Master’s degree in International Project Management from the University of Leeds in United Kingdom, in addition to a Bachelor’s degree in Civil Engineering from University of Bahrain.
value seen: Master’s degree in International Project Management; Bachelor’s degree in Civil Engineering
held out of the figures · the quote does not carry this value
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-announcements/issuer-announcements-details?anCat=1&anId=94357&locale=2026-04-13

Sources: full name

EXCHANGE2026-04-13

Announcement Details

Saudi Exchange
Eng. Kamal bin Ahmed Mohammed Ahmed as the new Chief Executive Officer of the Company
value seen: Kamal bin Ahmed Mohammed Ahmed
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details?anCat=1&anId=94357&locale=en

Sources: other boards

EXCHANGE2026-04-13

Announcement Details

Saudi Exchange
he has chaired and served as Board of Directors Member in several public entities and companies in Kingdom of Bahrain, including Bahrain Economic Development Board, Mumtalakat Holding Company, Gulf Air Group, Bahrain Airport Company, and Edamah Real Estate Company.
value seen: Bahrain Economic Development Board; Mumtalakat Holding Company; Gulf Air Group; Bahrain Airport Company; Edamah Real Estate Company
held out of the figures · the quote does not carry this value
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-announcements/issuer-announcements-details?anCat=1&anId=94357&locale=2026-04-13

Sources: previous companies

EXCHANGE2026-04-13

Announcement Details

Saudi Exchange
He has previously held the position of Minister of Transportation and Telecommunications for a period of eleven years, as well as serving as Minister for Cabinet Affairs.
value seen: President of the Electricity and Water Authority; Minister of Transportation and Telecommunications; Minister for Cabinet Affairs
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-announcements/issuer-announcements-details?anCat=1&anId=94357&locale=2026-04-13

Sources: since

EXCHANGE2026-04-13

Announcement Details

Saudi Exchange
Kamal bin Ahmed Mohammed shall assume his duties as Chief Executive Officer effective 13 April 2026G.
value seen: effective April 13, 2026
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details?anCat=1&anId=94357&locale=2026-04-13

Sources: summary

EXCHANGE2026-04-13

Announcement Details

Saudi Exchange
Eng. Kamal bin Ahmed Mohammed Ahmed served as President of the Electricity and Water Authority in Kingdom of Bahrain, holding the rank of Minister, from June 2022G until February 2026G.
value seen: Former Bahrain minister and Electricity and Water Authority president
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details?anCat=1&anId=94357&locale=2026-04-13

Sources: tags

PRESS2026-12-31

Eng. Kamal Bin Ahmed | Cityscape Global

Cityscape Global
Eng. Kamal Bin Ahmed CEO, Retal Urban Development Company; Former Minister of Transportation and Telecommunications, Kingdom of Bahrain
value seen: President of Bahrain’s Electricity and Water Authority; Minister
held out of the figures · the quote does not carry this value
https://cityscapeglobal.com/speakers/eng-kamal-bin-ahmed

Sources: title

EXCHANGE2026-04-13

Announcement Details

Saudi Exchange
Kamal bin Ahmed Mohammed shall assume his duties as Chief Executive Officer effective 13 April 2026G.
value seen: Chief Executive Officer
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details?anCat=1&anId=94357&locale=2026-04-13
YI
Yousif Ibrahim Al-Hamoudi
Al-Hamoudi is Retal’s Chief Operating Officer, responsible for operational execution and cross-functional alignment. His professional profile describes more than 20 years in construction management, architectural engineering and real-estate development, with prior Retal-group, Al-Oula Development, Dhahran Emaar and SATORP experience.
Current title
Chief Operating Officer
since May 2021
Experience
20+ years leadership
Companies before
Building Construction CompanyAl-Oula Development CompanyDhahran EmaarSATORP
Education
Not stated in retrieved sources
Other boards
none sourced
Known for
COOOperationsConstruction managementReal-estate development
https://linkedin.com/in/yousif-ibrahim-al-hamoudi-cm-ilmc-b4505771
“Our success is a testament to the dedication of our people, the power of our technology, and the strength of our customer relationships.” Retal 2025https://retal.com.sa/wp-content/uploads/2025/05/Retal-Annual-Report-2024_ENG.pdf

Sources: full name

DIRECTORYdate not shown in source

Yousif Al-Hamoudi currently working as COO (Chief Operating Officer) at Retal Urban Development Company in Saudi Arabia

GulfTalent
Yousif Al-Hamoudi currently working as COO (Chief Operating Officer) at Retal Urban Development Company in Saudi Arabia
value seen: Yousif Ibrahim Al-Hamoudi
held out of the figures · the quote does not carry this value
https://www.gulftalent.com/people/yousif-al-hamoudi-10956501

Sources: linkedin page

SOCIAL2026-10-10

Yousif Ibrahim Al-Hamoudi, CM, ILMC

LinkedIn
Chief Operating Officer (COO) at Retal
value seen: https://linkedin.com/in/yousif-ibrahim-al-hamoudi-cm-ilmc-b4505771
https://linkedin.com/in/yousif-ibrahim-al-hamoudi-cm-ilmc-b4505771

Sources: previous companies

SOCIAL2026-10-10

Yousif Ibrahim Al-Hamoudi, CM, ILMC

LinkedIn
Career highlights include impactful roles at Al-Oula Development Company ... Dhahran Emaar ... and SATORP
value seen: Al-Oula Development Company; Dhahran Emaar; SATORP
held out of the figures · the quote does not carry this value
https://linkedin.com/in/yousif-ibrahim-al-hamoudi-cm-ilmc-b4505771

Sources: quote

COMPANY2025-05-25

Building Sustainable Futures

Retal Urban Development
Our success is a testament to the dedication of our people, the power of our technology, and the strength of our customer relationships.
value seen: Our success is a testament to the dedication of our people, the power of our technology, and the strength of our customer relationships.
https://retal.com.sa/wp-content/uploads/2025/05/Retal-Annual-Report-2024_ENG.pdf

Sources: since

DIRECTORYdate not shown in source

Yousif Al-Hamoudi currently working as COO (Chief Operating Officer) at Retal Urban Development Company in Saudi Arabia

GulfTalent
Chief Operating Officer, Retal Urban Development Company May, 2021 - Present Al Khobar, Saudi Arabia
value seen: May 2021
https://www.gulftalent.com/people/yousif-al-hamoudi-10956501

Sources: summary

SOCIAL2026-10-10

Yousif Ibrahim Al-Hamoudi, CM, ILMC

LinkedIn
A results-driven executive with over 20 years of progressive leadership in construction management, architectural engineering, and real estate development.
value seen: More than 20 years of leadership in construction management, architectural engineering and real-estate development
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/yousif-ibrahim-al-hamoudi-cm-ilmc-b4505771

Sources: tags

SOCIAL2026-10-10

Yousif Ibrahim Al-Hamoudi, CM, ILMC

LinkedIn
A results-driven executive with over 20 years of progressive leadership in construction management, architectural engineering, and real estate development.
value seen: over 20 years ... construction management, architectural engineering, and real estate development
held out of the figures · the quote does not carry this value
https://linkedin.com/in/yousif-ibrahim-al-hamoudi-cm-ilmc-b4505771

Sources: title

COMPANY2025-05-25

Building Sustainable Futures

Retal Urban Development
Chief Operations Officer’s Statement Eng. Yousif AlHamoudi Chief Operations Officer
value seen: Chief Operations Officer
https://retal.com.sa/wp-content/uploads/2025/05/Retal-Annual-Report-2024_ENG.pdf
AM
Ammar Mohammed Al Ghoul
Al Ghoul is Retal’s Chief Financial Officer and has represented the company publicly on portfolio expansion and financing-related topics. In a May 2025 interview, he said Retal was studying projects valued at SAR 15 billion and described development funds, project management, design and real-estate services as part of the company’s ecosystem.
Current title
Chief Financial Officer
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
none sourced
Known for
CFOReal-estate financeSAR 15 billion projects under study
“Retal Urban Development Co. is currently studying projects valued at SAR 15 billion and working to accelerate their conversion into actual projects within its portfolio.” Argaam May 19, 2025https://www.argaam.com/en/article/articledetail/id/1814964

Sources: full name

COMPANY2025-05-25

Building Sustainable Futures

Retal Urban Development
Executive Management Abdullah Faisal Ammar Mohammed Mostafa Mohammed Yousif Ibrahim ... Al Ghoul
value seen: Ammar Mohammed Al Ghoul
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://retal.com.sa/wp-content/uploads/2025/05/Retal-Annual-Report-2024_ENG.pdf

Sources: quote

PRESS2025-05-19

Retal studies new projects worth SAR 15B: CFO

Argaam
Retal Urban Development Co. is currently studying projects valued at SAR 15 billion and working to accelerate their conversion into actual projects within its portfolio, said CFO Ammar Al-Ghoul.
value seen: Retal Urban Development Co. is currently studying projects valued at SAR 15 billion and working to accelerate their conversion into actual projects within its portfolio.
https://www.argaam.com/en/article/articledetail/id/1814964

Sources: summary

PRESS2025-05-19

Retal studies new projects worth SAR 15B: CFO

Argaam
Retal Urban Development Co. is currently studying projects valued at SAR 15 billion and working to accelerate their conversion into actual projects within its portfolio, said CFO Ammar Al-Ghoul.
value seen: CFO; studying projects valued at SAR 15 billion
held out of the figures · the quote does not carry this value
https://www.argaam.com/en/article/articledetail/id/1814964

Sources: tags

PRESS2025-05-19

Retal studies new projects worth SAR 15B: CFO

Argaam
Retal Urban Development Co. is currently studying projects valued at SAR 15 billion
value seen: SAR 15 billion
https://www.argaam.com/en/article/articledetail/id/1814964

Sources: title

COMPANY2025-05-25

Building Sustainable Futures

Retal Urban Development
Chief Financial Officer’s Statement Mr. Ammar AlGhoul Chief Financial Officer
value seen: Chief Financial Officer
https://retal.com.sa/wp-content/uploads/2025/05/Retal-Annual-Report-2024_ENG.pdf
MM
Mostafa Mohammed Tawfik
Tawfik is Retal’s Chief Development Officer, leading the development function. His professional profile records progression within Retal from Senior Development Manager to Development Director and then Chief Development Officer; Retal’s 2024 report identifies him as the executive responsible for the development statement and highlights delivery of the Nesaj Al Fursan project ahead of schedule.
Current title
Chief Development Officer
since July 2022
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
none sourced
Known for
Chief Development OfficerDevelopmentProject deliveryPromoted within Retal
https://linkedin.com/in/mostafa-tawfik-a8360a74

Sources: full name

COMPANY2025-05-25

Building Sustainable Futures

Retal Urban Development
Executive Management Abdullah Faisal Ammar Mohammed Mostafa Mohammed Yousif Ibrahim ... Tawfik
value seen: Mostafa Mohammed Tawfik
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://retal.com.sa/wp-content/uploads/2025/05/Retal-Annual-Report-2024_ENG.pdf

Sources: linkedin page

SOCIAL2026-09-07

Mostafa Tawfik

LinkedIn
Chief Development Officer (CDO) at Retal Urban Development
value seen: https://linkedin.com/in/mostafa-tawfik-a8360a74
https://linkedin.com/in/mostafa-tawfik-a8360a74

Sources: since

SOCIAL2026-09-07

Mostafa Tawfik

LinkedIn
Chief Development Officer (CDO) (Current) Jul 2022 - Present
value seen: July 2022
https://linkedin.com/in/mostafa-tawfik-a8360a74

Sources: summary

SOCIAL2026-09-07

Mostafa Tawfik

LinkedIn
Chief Development Officer (CDO) (Current) Jul 2022 - Present ... Development Director Aug 2020 - Jul 2022 ... Senior Development Manager, Real Estate Jun 2014 - Aug 2020
value seen: Chief Development Officer; progressed from Senior Development Manager to Development Director
held out of the figures · the quote does not carry this value
https://linkedin.com/in/mostafa-tawfik-a8360a74

Sources: tags

SOCIAL2026-09-07

Mostafa Tawfik

LinkedIn
Chief Development Officer (CDO) (Current) Jul 2022 - Present ... Development Director Aug 2020 - Jul 2022 ... Senior Development Manager, Real Estate Jun 2014 - Aug 2020
value seen: Chief Development Officer; Development Director; Senior Development Manager
held out of the figures · the quote does not carry this value
https://linkedin.com/in/mostafa-tawfik-a8360a74

Sources: title

COMPANY2022-11-27

Corporate governance executive manegment - Retal

Retal Urban Development
Eng. Mostafa Tawfik Chief Development Officer
value seen: Chief Development Officer
https://retal.com.sa/corporate-governance-executive-managment/

Projects

Assessment coverage

Completed projects: 2016-10-15 through 2026-10-15. Initial research is capped at 10 completed projects and a separate delivery-risk search capped at 7 findings. Risk findings are not project assessment counts. Absence is not proof of a complete portfolio or no failures. Month-level dates overlapping a boundary are excluded from figures.

0 undated completions and 0 boundary-uncertain completions are retained but excluded from figures.

Stalled, cancelled & overdue projects

0 evidenced cases
The capped delivery-risk search ran; no project-level exception cases are recorded here. Risk findings are listed under Risks and are separate from assessed projects. This does not establish that the developer has no delivery failures.

Completed projects

9 projects
ProjectLocationTypeUnitsFloorsAreaCostPayment planLaunchedConstruction startOriginal targetHandoverDelayConfidenceStatus
Nesaj Al NarjisRiyadh, Saudi Arabia
Al Narjis
residential for sale45511.5———2022April 19, 2022Jan 2025 – Dec 2025Jan 2025 – Dec 20250.0 mo
(−11.0 to +11.0)
sourcedcompleted
Nesaj Al Fursan – Phase 1Riyadh, Saudi Arabia
Fursan Destination
residential for sale75911.5—————Jan 2025 – Dec 2025Jan 2024 – Dec 2024more than 9 months earlyestimatedcompleted
Ayala Al NakheelAl Khobar, Saudi Arabia
Al Nakheel
residential for sale581—29,399 m²————Feb 2023Jan 2023 – Dec 2023+4.5 mo
(−1.0 to +10.0)
sourcedcompleted
Nesaj Al KhobarAl Khobar, Saudi Arabia
Remal
residential for sale11811.5——————Jan 2023 – Dec 2023—not scorablecompleted
Nesaj RiyadhRiyadh, Saudi Arabia
Al Jwan
residential for sale69511.5———2020Q4 2020—Jan 2023 – Dec 2023—not scorablecompleted
Nesaj Town IIDammam, Saudi Arabia
residential for sale1,6531————2020Q1 2020Apr 2022 – Jun 2022Jan 2023 – Dec 2023+13.5 mo
(+7.0 to +20.0)
sourcedcompleted
Ewan Al MaaliDammam, Saudi Arabia
residential for sale761——————May 2018 – Aug 2018Sep 2021+38.5 mo
(+37.0 to +40.0)
estimatedcompleted
Nesaj TownDammam, Saudi Arabia
residential for sale6741————2018January 21, 2018—Jan 2020 – Dec 2020—not scorablecompleted
Retal ResidenceAl Khobar, Saudi Arabia
Al Sadafah
other4161————20152015-2018Jan 2018 – Dec 2018Jan 2019 – Dec 2019+12.0 mo
(+1.0 to +23.0)
sourcedcompleted
Click any row for the sources behind it. Cost basis matters: an estimated cost, a construction loan and a sale price are different numbers. Each row states which one it is, so they are never averaged together.

Awards

Awards & recognition

6 found
SAFETY / QUALITY Winner June 23, 2025
King Abdulaziz Quality Award
Retal reports that it won the award in the seventh cycle, recognizing institutional quality, innovation and performance excellence.
SAFETY / QUALITY Winner January 30, 2025
Work Award — Localization Track
The developer reports that Retal won the fourth-edition Work Award under the localization track.
PROJECT AWARD Winner October 19, 2023 (ceremony); reported November 9, 2023
Best project that achieves quality-of-life standards — International Property Awards 2023–2024 · Marasi Al Khobar
The developer reports that Marasi Al Khobar won a five-star award for the best project achieving quality-of-life standards.
SUSTAINABILITY Winner October 19, 2023 (ceremony); reported November 9, 2023
Best project in the sustainability category — International Property Awards 2023–2024 · RBC – Riyadh
The developer reports that RBC–Riyadh won a five-star award in the sustainability category.
COMPANY AWARD Winner 2021; reported September 15, 2021
Developer of the Year — Saudi Arabia
Real Estate Asia reported that Retal Urban Development Company won Developer of the Year for Saudi Arabia at the 2021 awards.
RANKING Certified August 17, 2025
Great Place to Work® — fourth consecutive year
The developer reports that Retal was recognized as a Great Place to Work for the fourth consecutive year in the annual workplace-culture ranking.

Risks

Auditor & credit ratings

audited accounts
AuditorIbrahim Ahmed Al-Bassam & Partners, Certified Public Accountants

Risk flags

1 found
PROJECT CANCELLED 2025-01-01 (announcement/publication date; liquidation notice received from the fund manager)
Business Park (Saudi Arabia): Retal Urban Development said the BLOMINVEST-managed Business Park Fund had begun liquidation procedures through the sale of the project for SAR470 million; this documents an exit/liquidation of the fund’s development rather than an ongoing Retal project, while the disclosure did not allege construction failure or assign fault beyond the fund structure.

Record status

active
Coverageactive
Tracked sinceOctober 8, 2026
Last checkedOctober 14, 2026 this month
Profile last researchedOctober 14, 2026
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For informational purposes only. This information is not investment, financial or credit advice and should not be relied on for investment, lending or credit decisions. Records may be incomplete or outdated. Verify information independently and seek qualified advice before making a decision.