Jarallah Al Amrah – Top 100 Real Estate Developers In MENA 2024- Forbes Lists – Forbes Middle East

Jarallah Al Amrah – Top 100 Real Estate Developers In MENA 2024- Forbes Lists – Forbes Middle East

Jarallah Al Amrah has been at the helm of Sumou Real Estate since 2008. The company was established in 2007. It has three city structural development projects, over 20 development projects, 19 infrastructure, and six superstructure projects, covering over 50 million square meters in Saudi Arabia. In December 2022, it signed a selling and marketing agreement for the Al-Aali project with Adeer Real Estate in Dammam City. In October 2023, the company signed a development management agreement for mixed-use high-rise towers in Jeddah with Asmou Real Estate Development for $32 million. In the first nine months of 2023, it recorded $51.8 million in revenues and total assets worth $220.2 million. The company had a market cap of $415 million as of November 14, 2023.