Awfa Investment Company was founded in the year 2017 as a limited liability company, and in 2022, it transformed into a closed joint-stock company with a capital of 500,000,000 Saudi Riyals.
The company is committed to supporting the vision of Saudi Arabia 2030 and has adopted an approach that aligns with future aspirations and goals.
Awfa Investment engages in various fields of real estate investment, investment funds, stimulating acquisitions and mergers, and building productive strategic partnerships to enhance its diversified portfolio.
Why Awfa?
Because it paves the way for a sophisticated urban environment and civilizational landmarks that manifest in the light of our ambitious Kingdom's vision towards a future that achieves sustainability and innovation for future generations.
Safe Investment
Young and Ambitious Team
Strategic Locations
Investment projects that combine passion and a deep understanding of market needs.
A legacy from the past paving the way to the future.
Stay informed about the latest news and updates related to Awfa.
Our Latest News
January 2019
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Signing a contract for the implementation of the infrastructure for the Sulay Industrial Plan - Northern - with Mohammad Al-Ajimi Contracting Company.
January 2022
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Completion of the implementation of the infrastructure for the Sulay Industrial Plan - Northern - with Mohammad Al-Ajimi Contracting Company.
July 2022
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The company moved to its new headquarters on Al-Olaya Street in Tashkeel Tower.
September 2022
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Signing a contract for the implementation of the infrastructure for the Hittin Awfa Plan with Riyadh Roads Contracting Company Limited.
January 2023
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Approval of the annual financial statements for the year 2022 and achieving profits in the amount of (17,000,000) seventeen million Saudi Riyals.
July 2023
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Completion of the sale of all warehouse lands in the Sulay Industrial Plan (Northern).
July 2023
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Acquisition of a commercial site in King Fahd District on the commercial strip located between King Fahd Road and Al-Olaya Street with an area of (20,000) square meters for the construction of a multi-purpose tower.
January 2024
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Approval of the annual financial statements for the year 2022 and achieving profits in the amount of (585,806,021) Five Hundred Eighty-five Million Eight Hundred Six Thousand Twenty-one Saudi Riyals.
December 2024
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Completion of the sale process for the residential land plots in the Awfa Hittin subdivision.
February 2025
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As part of its strategic planning initiatives, the company acquired a portion of the Namar land located on Makkah Al-Mukarramah Road, resulting in an increase in the company's investment assets.
April 2025
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The company announced its financial results for the period ended December 31, 2024, reporting a net profit of SAR 322 million, supported by strong sales performance in the Hittin Residential Development.
September 2025
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the architectural design contract for Commercial Block No. (2) was signed with Gerber Architekten of Germany.
September 2025
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the architectural design contract for Commercial Block No. (3) was signed with LAVA Architects of Germany.
October 2025
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the architectural design contract for Commercial Block No. (4) was signed with LAVA Architects of Germany.
November 2025
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the architectural design contract for Commercial Block No. (5) was signed with Gerber Architekten of Germany.
December 2025
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the architectural design contract for Commercial Block No. (1) was signed with Schiattarella Associati of Italy.
March 2026
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The company announced its financial results for the period ended December 31, 2025, reporting a net profit exceeding 14% of the company's capital, reflecting its strong financial performance and continued business growth.
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