Areeb Capital buys $139m land in Makkah’s Jabal Omar project

Areeb Capital buys $139m land in Makkah’s Jabal Omar project

In today’s rapidly evolving business environment, harnessing data to derive actionable decision-making insights is crucial to respond to multifaceted challenges quickly. Faced with making decisions against a constant backdrop of economic uncertainty, leading real estate developer ROSHN put data-driven insights at the heart of decision-making.

ROSHN Group is Saudi Arabia’s most trusted multi-asset class real estate developer and a giga-project wholly owned by the Kingdom’s Public Investment Fund. ROSHN is playing a significant role in raising the nation’s homeownership rate to 70 percent by 2030. The lofty goal is part of Vision 2030, a project aimed at diversifying the nation’s economy and improving the quality of life for the Kingdom’s citizens. This includes working with numerous construction and design companies and a large amount of dispersed data sets scattered across various sources to achieve the scale of the ROSHN mandate.

Adnan Amro, associate director of the Enterprise Project Management Office at ROSHN, described the challenges associated with rapidly discovering, structuring, cleaning, enriching and validating large volumes of data associated with managing real estate projects. “The amount of data is growing, so it’s not only the scale that’s big but the more projects we launch, the more people join the team, the more