Signing of the "Riamarche" development project agreement

11/11/2024

Under the patronage of His Excellency Dr. Abdulrahman bin Abdullah Al-Tuwail, Undersecretary for Housing Supply Stimulation and Real Estate Development at the Ministry of Municipal and Rural Affairs and Housing, on behalf of His Excellency the Minister,
The development agreement for the "Riyamarche" project was signed at a launch ceremony held as part of the "Cityscape Global 2024" exhibition at the Riyadh International Convention & Exhibition Center - MOLHEM.

The project is set to become an iconic landmark and a renewed destination that enriches life in the compassionate city of Riyadh. "Riyamarche" aims to restore Euromarche to its former glory, serving as a timeless link between the past and the present.

The agreement was signed by:
Arab Marketing Company - Euromarche:
His Excellency Engineer Sameer bin Sulaiman Al-Saheel, Member of the Board of Directors and Managing Director.

Kadan Company:
His Excellency Engineer Mohammed Al-Othman, Chief Executive Officer.

AlJazira Capital:
His Excellency Mr. Bandar Al-Haqil, Fund Manager Representative.

AlJazira Bank:
His Excellency Mr. Faisal Al-Fadhil, AlJazira Bank Representative.

Located in the North Maazer district, at the intersection of Al-Takhassusi Street and Al-Aroba Road in the heart of Riyadh, the project spans approximately 41,000 square meters. It will feature approximately 33,000 square meters of leasable office space and 7,000 square meters of retail and dining. The design incorporates vintage branding, recycled materials, and iconic architectural elements while preserving the original brand identity. A museum showcasing Euromarche's history will also be established.

Inauguration ceremony photos

Launching ceremony videos

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