# Roshn

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{{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](/source/Privately_held_company)
| native_name_lang = arb
| industry = [Real Estate Developer](/source/Real_estate_development)
| 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](/source/Riyadh)
| founder = [Public Investment Fund](/source/Public_Investment_Fund)
| hq_location_country = [Saudi Arabia](/source/Saudi_Arabia)
| key_people = {{ubl|[Mohammed Bin Salman](/source/Mohammed_bin_Salman) ([Chairman](/source/Chairman))|[Yasir Al Rumayyan](/source/Yasir_Al-Rumayyan) (Vice Chairman)|Sabah Barakat (Acting [CEO](/source/Chief_Executive_Officer))<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](/source/Public_Investment_Fund)
| website = {{URL|https://www.roshn.sa/en/|roshn.sa}}
}}

'''Roshn''' (stylized '''ROSHN'''; {{Langx|ar|روشن}}) is a [real estate development](/source/real_estate_development) company based in [Saudi Arabia](/source/Saudi_Arabia). The company was founded in August 2020 by the Saudi [Public Investment Fund](/source/Public_Investment_Fund) as one of its [Megaproject](/source/Megaproject)s. As one of Saudi Arabia's [Vision 2030](/source/Saudi_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](/source/Public_Investment_Fund) on 19 August 2020 as one of its 5 megaprojects, which are: [Neom](/source/Neom), [Red Sea Project](/source/Red_Sea_Project), [Qiddiya City](/source/Qiddiya_City), and [Diriyah](/source/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](/source/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](/source/Karim_Benzema)'s signing with [Ittihad football club](/source/Al-Ittihad_Club_(Jeddah)) 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](/source/China_Harbour_Engineering_Company) to develop Riyadh's [Sedra](/source/Sedra_(Riyadh)) 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](/source/Sedra_(Riyadh))<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](/source/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](/source/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](/source/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](/source/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](/source/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](/source/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](/source/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](/source/Riyadh). The stadium spans over an area of more than 450,000 square meters. Roshn Stadium is set to host [2034 FIFA World Cup](/source/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](/source/List_of_Saudi_Vision_2030_Projects)
* [Roshn Front](/source/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

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Adapted from the Wikipedia article [Roshn](https://en.wikipedia.org/wiki/Roshn) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/Roshn?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.