Naseej

Naseej is the first fully-integrated real estate and infrastructure development company in the MENA region. Forward-looking, socially responsible and Sharia-principled, Naseej was established by prominent private and public sector investors to act as a pioneering catalyst for addressing the region’s affordable housing development needs. Capitalised at US$ 286 million, the shareholders of Naseej are Ithmaar Bank, Ithmaar Development Company, BBK, Gulf Finance House, Khaleeji Commercial Bank, Faisal Islamic Bank of Egypt, Palm Capital, Social Insurance Organisation of the Kingdom of Bahrain, and Eskan Bank. By tapping the combined resources and capabilities of its shareholders, Naseej is able to maximise synergies and economies of scale to deliver the most effective and efficient services and solutions to its clients. A unique end-to-end integrated solutions provider, Naseej encompasses the entire value chain of real estate and infrastructure development – from concept to completion. The company’s core activities comprise design and master planning; development and construction; building materials; mortgage financing; and facilities management.