22 July 2006
Abha City Centre Development Project
In the framework of the efforts made by Abha City authorities, and with the encouragement and support of the Prince of Aseer His Royal Highness Prince Khalid Al Faysal Bin Abdul Aziz Al Saud, and Chairman of the Investment Council in the Region, to develop Abha City Centre and to make the city one of the most important tourist attractions, a co-operation agreement was signed among an alliance comprising Venture Capital Bank,
Commercial Real Estate Company, and Siraj Capital Company on the one hand and the Investment Council in
Aseer Region on the other hand.
10 July 2006
Development of Jeddah Master Plan
As part of s strategic allience among some GCC based companies to execute pioneering constructional projects, Venture Capital Bank was invited to join an investment alliance led by the Urban Development Company (Saudi Arabia) to develop the central part of Jeddah in the Kingdom of Saudi Arabia.