{{Short description|Saudi real estate development company}} {{Use dmy dates|date=January 2023}} {{Infobox company | name = Roshn Real Estate Company | logo = Roshn Logo.svg | logo_size = 200px | native_name = روشن | type = Private | native_name_lang = arb | industry = Real Estate Developer | founded = {{Start date and age|df=yes|2020|08|19}}<ref>{{cite web |url= https://www.pif.gov.sa/en/news-and-insights/press-releases/2020/roshn/ |title= PIF launches ROSHN, a new company aimed at developing world-class urban communities |author=<!--Not stated--> |date=2020-08-19 |website=pif.gov.sa |publisher= ROSHN |access-date=2025-03-24 |quote=}}</ref> | hq_location_city = Riyadh | founder = Public Investment Fund | hq_location_country = Saudi Arabia | key_people = {{ubl|Mohammed Bin Salman (Chairman)|Yasir Al Rumayyan (Vice Chairman)|Sabah Barakat (Acting CEO)<ref>{{cite web |url=https://www.roshn.sa/en/leadership |title=Our Board of Directors |author=<!--Not stated--> |date= |website=www.roshn.sa |publisher=ROSHN |access-date=2024-02-01 |quote=}}</ref>}} | owner = Public Investment Fund | website = {{URL|https://www.roshn.sa/en/|roshn.sa}} }}
'''Roshn''' (stylized '''ROSHN'''; {{Langx|ar|روشن}}) is a real estate development company based in Saudi Arabia. The company was founded in August 2020 by the Saudi Public Investment Fund as one of its Megaprojects. As one of Saudi Arabia's Vision 2030 goals, Roshn aims to contribute to enabling home ownership to 70% of Saudi nationals.{{cn|date=April 2026}}
==History== Roshn was officially launched by the Saudi Public Investment Fund on 19 August 2020 as one of its 5 megaprojects, which are: Neom, Red Sea Project, Qiddiya City, and Diriyah Company.<ref>{{cite web |url=https://www.pif.gov.sa/en/Pages/OurInvestments-GigaProjects.aspx |title=A proven track record of delivering some of the world's most renowned projects |author=<!--Not stated--> |date= |website=pif.gov.sa |publisher=PIF |access-date=2024-02-01 |quote=}}</ref>
On 24 August 2022, Roshn secured naming rights to the Saudi Pro League in a five-year deal worth $127 million.<ref>{{cite news |author=<!--not stated--> |date=2022-08-24 |title=ROSHN secures naming rights to Saudi Pro League |url=https://www.arabnews.com/node/2148991/sport |work=Arab News |location= |access-date=2024-02-01}}</ref>
Following Karim Benzema's signing with Ittihad football club in June 2023, Roshn signed a three-year deal with the club to become its platinum sponsor.<ref>{{cite news |author=<!--not stated--> |date=2023-06-08 |title=Real estate developer ROSHN becomes platinum sponsor of Saudi champions Al-Ittihad |url=https://www.arabnews.com/node/2318271/sport |work=Arab News |location= |access-date=2024-02-01}}</ref><ref>{{cite news |author=<!--not stated--> |date=2023-06-09 |title=PIF-owned Saudi real estate firm signs Al-Ittihad sponsorship |url=https://www.sportbusiness.com/news/pif-owned-saudi-real-estate-firm-signs-al-ittihad-sponsorship/ |work=Sport Business |location= |access-date=2024-02-01}}</ref>
In September 2023, Roshn signed a 45-month deal worth $2.06 billion with China Harbour Engineering Company to develop Riyadh's Sedra and Warefa communities.<ref>{{cite news |author=<!--not stated--> |date=2023-09-11 |title=Roshn and China Harbour sign $2.06bn housing deals |url=https://www.meed.com/roshn-and-china-harbour-sign-206bn-housing-deals |work=MEED |location= |access-date=2024-02-01}}</ref>
==Projects== ===Communities=== The following list contains all of the residential communities currently being developed by Roshn: {| class="wikitable sortable" style="text-align:center; width:100%;" |+
! Name ! Location ! width="5%" |Total Area (km<sup>2</sup>) ! Announced ! class="unsortable"|Website |-
| Sedra<ref>{{cite news |last=Dadlani |first=Disha |date=2021-08-06 |title=ROSHN unveils SEDRA,its first residential community in Riyadh |url=https://www.constructionweekonline.com/news/roshn-unveils-sedra-its-first-residential-community-in-riyadh |work=Construction Week |location= |access-date=2024-02-01}}</ref> | Northern Riyadh | 20 | 04 August 2021 | {{URL|https://www.roshn.sa/communities/sedra}} |-
| Warefa<ref>{{cite news |author=<!--not stated--> |date=2023-10-09 |title=ROSHN opens sales at its second integrated community in Riyadh - WAREFA |url=https://www.zawya.com/en/press-release/companies-news/roshn-opens-sales-at-its-second-integrated-community-in-riyadh-warefa-dkv64dyn |work=Zawya |location= |access-date=2024-02-01}}</ref> | Eastern Riyadh | 1.4 | 07 March 2022 | {{URL|https://www.roshn.sa/communities/warefa}} |-
| Alarous<ref>{{cite news |author=<!--not stated--> |date=2022-11-24 |title=Saudi developer ROSHN launches first phase of Al Arous project in Jeddah |url=https://www.arabnews.com/node/2205301/business-economy |work=Arab News |location= |access-date=2024-02-01}}</ref> | North of Jeddah | 4 | 24 May 2022 | {{URL|https://www.roshn.sa/communities/alarous}} |-
| Marafy<ref>{{cite news |author=<!--not stated--> |date=2023-08-30 |title=Saudi Arabia's Roshn launches Marafy project in Jeddah |url=https://www.meed.com/saudi-arabias-roshn-launches-marafy-project-in-jeddah |work=MEED |location= |access-date=2024-02-01}}</ref> | Northern Jeddah | 6.6 | 29 August 2023 | {{URL|https://www.roshn.sa/marafy}} |-
| Alfulwa<ref>{{cite news |author=<!--not stated--> |date=2023-03-15 |title=Saudi Arabia's ROSHN announces major ALFULWA development to house 100,000 people |url=https://www.arabianbusiness.com/industries/real-estate/saudi-arabias-roshn-announces-major-alfulwa-development-to-house-100000-people |work=Arabian Business |location= |access-date=2024-02-01}}</ref> | South of Hofuf | 10.8 | 14 March 2024 | {{URL|https://www.roshn.sa/communities/alfulwa}} |-
| Almanar<ref>{{cite news |author=<!--not stated--> |date=2024-03-31 |title=ROSHN Group Launches ALMANAR, Its First Integrated Community in Makkah |url=https://www.spa.gov.sa/en/N2076495 |work=Saudi Press Agency |location= |access-date=2024-04-01}}</ref> | Western Mecca | 21 | 31 March 2024 | {{URL|https://www.roshn.sa/communities/almanar}} |-
| Aldanah<ref>{{cite news |author=<!--not stated--> |date=2024-03-31 |title=Saudi's ROSHN unveils new residential project in Greater Dammam |url=https://gulfbusiness.com/saudis-roshn-unveils-new-residential-project-in-greater-dammam/ |work=Gulf Business |location= |access-date=2024-04-25 |archive-date=25 April 2024 |archive-url=https://web.archive.org/web/20240425042652/https://gulfbusiness.com/saudis-roshn-unveils-new-residential-project-in-greater-dammam/ |url-status=live }}</ref> | Dhahran | 1.7 | 24 April 2024 | {{URL|https://www.roshn.sa/communities/aldanah}} |-
|}
===Roshn Stadium=== {{main|Roshn Stadium}} In July 2024, Roshn announced “Roshn Stadium”, a stadium with a capacity of 45,000 in Southwest Riyadh. The stadium spans over an area of more than 450,000 square meters. Roshn Stadium is set to host 2034 FIFA World Cup matches.<ref>{{cite web | url=https://www.roshn.sa/en/news/ROSHN-Stadium | title=ROSHN Announces Iconic 45,000-Seat Stadium in Southwest Riyadh }}</ref>
==Awards== *Saudi Arabia's Best Place to work for the years 2021, 2022, and 2023 presented by bestplacestoworkfor.org<ref>{{cite news |author=<!--not stated--> |date=2023-07-31 |title=ROSHN gets award recognizing workplace culture for 3rd year in a row |url=https://www.arabnews.com/node/2347246/business-economy |work=Arab News |location= |access-date=2024-02-01}}</ref>
==See also== * List of Saudi Vision 2030 Projects * Roshn Front
==References== {{Reflist}}
==External links== * [https://www.roshn.sa/en/ Official Website]
{{Saudi Arabia topics}}
Category:Business organisations based in Saudi Arabia Category:Public Investment Fund