Arabian Centres Co.
Top 50 Real Estate Developers in MENA 2021

Arabian Centres Co.

Rank: 9

Country: Saudi Arabia

CEO: Faisal Abdullah Al Jedaie

Date of establishment: 2005

Arabian Centres operates 21 shopping centers across 11 cities in Saudi Arabia, with a total gross leasable area of 1.2 million square meters. The company had total assets of $4.9 billion as of Q1 FY2021 ended June. It recorded net profits of $33.7 million between April and June 2021. Arabian Centres reported sales of $136.2 million in Q1 FY2021 ended June, a 7.3% increase from the $126.9 million it recorded during the same period in 2020.