SAUDI AIRLINES REAL ESTATE DEVELOPMENT CO. (SARED)
TBY talks to Khalid Radwan, CEO of Saudi Airlines Real Estate development Co. (SARED) on Real Estate & Construction sector.

Can you walk us through the company's current portfolio?
SARED manages all the properties owned by the holding group and is structured into two divisions: development and O&M. Through the development arm, we built Saudia City and are on hold for a new renovation masterplan that will be backed by feasibility studies by Colliers and JLL. Once these studies are finalized, we will present the plan to the board and engage in this new era, split into four phases to be developed in eight years. This represents our key strategic priority, although we remain active on other fronts too. Aside from Saudia City, we are currently working on a huge flight operation terminal development in Medina and the development and renovation of several buildings in Tabuk and Al Baha. Outside the Kingdom, we are working now on real estate in London where we have a headquarters and a warehouse at Heathrow Airport.
How can the investor community regain trust in the Saudi real estate market?
The current market conditions, especially on the residential side, offer an excellent opportunity for both developers and investors alike, as prices were reaching all-time highs both in terms of land and property. In 2020, we will witness the final correction. Some actors will exit the market, others will re-enter, and many will be willing to take advantage of the new reality. The real estate market cycle likely hit the lowest point in 2018, with many foreigners leaving the country, and is now starting to pick up. This means that this is the right time to buy because in four years we will witness another peak. These cycles are healthy for the market, and savvy investors should know how to position themselves accordingly. Saudi Arabia also provides them with the competitive advantage of a proper structure until 2030 and 2050 through the vision.
SAUDI AIRLINES REAL ESTATE DEVELOPMENT CO. (SARED)

TABLE OF CONTENTS
Interview
Mohammed A. Al-Mowkley , Deputy Minister of Water Services, Ministry of Environment, Water, and Agriculture & CEO, National Water Company (NWC)
NWC leads the Kingdom's efforts to preserve water as a non-renewable national resource and drastically reduce the average per capita water consumption.
read articleInterview
Majed H. Al Saadi , Managing Director, Priority Projects Office (PPO), Local Content and Government Procurement Authority
PPO and ECA act as an accelerator for the realization of Vision 2030 by bridging the gap between the private and public sectors and helping the government diversify the economy in the long run.
read articleInterview
HRH Princess Hala bint Khaled bin Sultan Al-Saud C, Chairman, Saudi Law Conference (SLC) organizing committee & Founder,, Burhan Almarifa
Burhan Almarifa is focused on maturing the legal sector, encouraging innovation, and enabling research and development in KSA through knowledge transfer and consultancy.
read articleInterview
Sahel N. Abduljauwad, Rector, King Fahd University oF Petroleum & Minerals (KFUPM)
The King Fahd University of Petroleum & Minerals has long been the backbone of Saudi Arabia's formidable drilling expertise. Today, it is working to train the next generation of renewable energy and water management scientists.
read articleInterview
Dr. Abdullah Al-Rubaish, Rector, Imam Abdulrahman bin Faisal University (IAU)
Dr. Abdullah Al-Rubaish was appointed vice president of KFU in 2007 and president in 2010. He combined his executive experience from serving in various deanships at KFU with academic practices to become associate professor of medicine and work as a medical consultant at the Department of Internal Medicine. He graduated from KFU's College of Medicine and completed his medical internship at KFHU, where he also pursued a fellowship program. He became a member of the UK Royal College of Physicians and the Arab Board after he completed his sub-subspecialty in Pulmonary Medicine at the University of Alberta, Canada.
read articleInterview
Rajaa Moumena, Founder & President, Future Institute of Higher Education and Training
Saudi Arabia is allowing women more privileges, including driving and becoming ambassadors. The Future Institute of Higher Education and Training is trying to help by providing courses they need to adapt to this new world.
read article