Ajyad Mega Real Estate - HAYKALAH was appointed to prepare the market research, feasibility study as well as the Private Placement Memorandum of the project. The total size of the project is estimated to reach SAR 8,142.25 million. The size of the land that will be developed is estimated at 151,000 m² with a total built area of approximately 945,141 m².

Dary Real Estate - HAYKALAH conducted the market research, feasibility study and the Information Memorandum of the project. The Company will be established as a Closed Joint Stock Company focusing on real estate sector in Jeddah, Makkah and Madinah regions for purposes of meeting the rising need for low and high-end residential units in the said regions. The size of the project is estimated at SAR 20 million.

Makkah Madinah Real Estate (“MMRE Company”) – HAYKALAH acts as the Sponsor of MMRE. The Company will be established as a Closed Joint Stock Investment Company focusing on real estate sector in the regions of Makkah and Madinah only. HAYKALAH prepared the feasibility study and the Private Placement Memorandum of the Company. The total size of the project will reach SAR 200 million.

Dallah Al Barakah Holding: The Client is engaged in land trading, real estate development, and property management as well as real estate investment. The Client owns a real estate portfolio comprising lands and properties, as well as a portfolio of real estate projects under management and development.

DALLAH appointed HAYKALAH as its financial advisor for the purpose of assisting in conducting strategic reviews of its Real Estate Portfolio with the objective of improving its quality, mix, performance, and value. HAYKALAH assisted DALLAH in implementing, finding, recommending and planning stages resulting from a strategic review which defined the optimal funding strategy and the raising of funds that was conducted in its second phase. HAYKALAH also played the role of an asset manager with regard to their portfolio.

GABAS Real Estate: Gabas real estate development is a deluxe hotel project in Makkah region with a total land area of around 1,950.65 m² and gross built up area of around 30,009 m². This project will fill the huge gap between supply and demand of accommodations in the city of Makkah and will accommodate numerous pilgrims all over the world.

HAYKALAH conducted the project’s full feasibility study and assisted Gabas real estate group in its capital structuring as well as its debt raising. The total size of the project was approximately SAR 136.46 million.

Saleh Bin Laden: The client appointed HAYKALAH as their financial advisor for the purpose of conducting feasibility study with regards to its plan of constructing a hotel in the region of Makkah. HAYKALAH further assisted Saleh Bin Laden in its debt raising pertaining to the said real estate project of the client in Makkah region. The total cost and development size is estimated to be around SAR 125 million.

Dr. Sidiqqa Hospital: The management of Dr. Siddiqa Hospital wants to expand its operation and refurbish its existing facilities. HAYKALAH assisted DSH by conducting a feasibility study of its existing facilities as well as its planned expansion which has a total approximate value of around SAR 103.11 million. In addition, HAYKALAH conducted valuation analysis and reports regarding its existing facilities to determine their fair value in the market as of that date.

DAGI Gold and Jewelry: DAGI Company for gold and jewellery is a closed Saudi joint stock company with total capital of SAR 500 million. The company will have four business lines, manufacturing, trading, investments, and services. They will also establish an academy for gemmological education. In addition to the factories and academy, DAGI Company will have centre for grading and testing gold and diamond.
The company appointed HAYKALAH to conduct a feasibility study, business valuation and assist in their debt-raising with regard to its factory, academy, stores, and laboratory divisions.

Madinah Waqf: Madinah Waqf is an accommodation building project in Madinah region. It consists of 10 lands with an area ranging between 450 m² and 1,100 m². Each total built up area ranged from 4,972 m² to 12,870 m². The total size of the project was estimated at SAR 233.78 million.
HAYKALAH was assigned to do a full feasibility study including capital structuring as well as its debt raising. The developer of this project is SHIBH AL-JAZIRA Company LTD. (SAJCO), one of the most successful contracting companies who works in infrastructure and superstructure projects in the Kingdom. Their fields are roads, bridges, tunnels, flyovers, dams, strategic water reservoirs, sewage & water networks, buildings, dewatering etc.

Makkah Hajj Housing: Makkah Hajj housing is a hotel/apartment accommodation project in Makkah region with a total land area of around 53,955.08 m² and gross built up area of about 1,079,101.56 m. This project will accommodate an approximate 85,000 annual pilgrims in Makkah from all over the world.

HAYKALAH conducted its full feasibility study and currently on the process of capital structuring as well its debt raising. The total size of the project is approximately SAR 4.44 billion. The developer of Makkah Housing project was also the same developer as with the Madinah Waqf project – the SHIBH AL-JAZIRA Company LTD. (SAJCO).

Al-Razi Medical & Resorts Company: The client mainly deals with polyclinics and medical equipments. Recently, they launched an iconic ‘Madinah Paradise Resort’ project plan for Madinah. The project, with aggregate land area of 38,000 m² and 40,000m2  for phase one and two respectively, entails construction of a five-star hotel, health clubs, a wedding hall, restaurants, several conference rooms, a shopping mall (including entertainment activities and a food court), green areas and villas.

Al-Razi Medical & Resorts co. appointed HAYKALAH to prepare a banking memorandum as part of raising debt amounting to SAR 79 million for the construction of the project.

IDEA Network Development: Is a master developer of a large and unique part of Jeddah City as a new business district and free trade center. The project is called Jeddah Free Trade City. It will be developed collectively within three development / economic zones or components sited adjacent to Jeddah Islamic Port. The aggregate area will be around 1.8 million m² with a total built area of approximately 10 million m² over the three zones.

HAYKALAH has been mandated as the financial advisor of the project that exceeds SAR 100 billion in total size of development.

REDA Investment Group: Is a real estate investment group of companies focusing on real estate development in the city of Makkah that was established by Sheik Mustafa Fouad Ali Reda. HAYKALAH worked on 7 real estate projects and was mandated to handle full feasibility study as well as debt raising worth of SAR 375 million. 

Rowaad Alebda: The Company is involved in the wholesale and packaging of rice, sugar, drinks, coffee, edible oil, drinks, potato, candy and aluminium containers. HAYKALAH was mandated to handle debt raising worth of SAR 75 million for their expansion plan.

BADR Jewellery: HAYKALAH was mandated as its Islamic Financial Advisor to structure an international Gold Finance deal worth USD 200 million.

Al-Abna’a Trade Group: HAYKALAH was mandated as its Islamic Financial Advisor to structure and package 20 German Geothermal Energy Units for Investors each worth € 30 million (total transaction € 600 million).

Academy of Learning: The local agent decided to expand the business size and cover the Kingdom wide market. HAYKALAH has conducted a full valuation of the existing business and prepared an Investment Profile/Offering Memorandum to attract new capital investors. The deal size is SAR 10 million.

The National Commercial Bank ("NCB"): the largest and leading banks in The Middle East. The key task is to set-up and operate NCB’s Islamic Direct Sales Force by capitalizing on HAYKALAH’s Creative Strategies, Skills and Expertise in Marketing & Sales Management to deploy and implement The State-Of-The-Art in Acquisition, Distribution, Selling, Cross-Selling, and Promoting of all NCB’s Consumer/Retail Islamic Products & Services.

Banque Saudi Franci (BSF): HAYKALAH assisted the client in investigating, proposing, developing the infrastructure and implementing the BSF Islamic Branches Network.