--- title: "ZAWYA: Saudi’s Al Ramz, Oud Capital to launch $173mln fund" type: "News" locale: "en" url: "https://longbridge.com/en/news/281303375.md" description: "Saudi Arabia’s Al Ramz Real Estate and Oud Capital are launching a fund to raise SAR 650 million ($173.3 million) for a residential development in Jeddah. The Shariah-compliant fund will finance the construction of Al Ramz Front, an integrated community featuring 900 homes over 47,794 square meters. Oud Capital will manage the fund, while Al Ramz will act as the developer and exclusive marketer, investing approximately SAR 81.6 million as the landowner." datetime: "2026-04-01T04:53:01.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/281303375.md) - [en](https://longbridge.com/en/news/281303375.md) - [zh-HK](https://longbridge.com/zh-HK/news/281303375.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/281303375.md) | [繁體中文](https://longbridge.com/zh-HK/news/281303375.md) # ZAWYA: Saudi’s Al Ramz, Oud Capital to launch $173mln fund **Staff Writer** Saudi Arabia’s Al Ramz Real Estate and Oud Capital are set to launch a new fund to raise SAR 650 million ( $173.3 million) to finance a residential development in the Kingdom. The proceeds of the Shariah-compliant real estate investment fund will go to the construction of Al Ramz Front, an integrated residential community in the Al Firdous district of Jeddah, Al Ramz confirmed on Tuesday. The fund will be managed by Oud Capital. The real estate firm will participate in the fund as the landowner, with an investment of approximately SAR 81.6 million. Al Ramz will also act as the developer and exclusive marketer of the project. The project includes the construction of 900 homes spread across 47,794 square metres. (Writing by Cleofe Maceda; editing by Seban Scaria) seban.scaria@lseg.com Disclaimer: This article is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Read our full disclaimer policy here. ### Related Stocks - [SPDR® Dow Jones® REIT ETF (RWR.US)](https://longbridge.com/en/quote/RWR.US.md) - [Alexandria Real Estate Equities, Inc. (ARE.US)](https://longbridge.com/en/quote/ARE.US.md) - [Vident U.S. Diversified Real Estate ETF (PPTY.US)](https://longbridge.com/en/quote/PPTY.US.md) - [iShares Residential & Multisector RE ETF (REZ.US)](https://longbridge.com/en/quote/REZ.US.md) - [iShares US Real Estate ETF (IYR.US)](https://longbridge.com/en/quote/IYR.US.md) - [Invesco S&P 500® Equal Wt Real Estt ETF (RSPR.US)](https://longbridge.com/en/quote/RSPR.US.md) - [Vanguard Real Estate ETF (VNQ.US)](https://longbridge.com/en/quote/VNQ.US.md) - [SPDR® Dow Jones® Global Real Estate ETF (RWO.US)](https://longbridge.com/en/quote/RWO.US.md) - [Schwab US REIT ETF™ (SCHH.US)](https://longbridge.com/en/quote/SCHH.US.md) - [SRH REIT Covered Call ETF (SRHR.US)](https://longbridge.com/en/quote/SRHR.US.md) - [State Street Real Estate Sel SectSPDRETF (XLRE.US)](https://longbridge.com/en/quote/XLRE.US.md) - [State Street® RlEsttSelSectSPDR®PrmETF (XLRI.US)](https://longbridge.com/en/quote/XLRI.US.md) - [FlexShares Glbl Quality Real Estate ETF (GQRE.US)](https://longbridge.com/en/quote/GQRE.US.md) - [WisdomTree New Economy Real Estate ETF (WTRE.US)](https://longbridge.com/en/quote/WTRE.US.md) ## Related News & Research - [Digital Realty Trust, Inc. $DLR Stock Position Cut by J. Safra Sarasin Holding AG](https://longbridge.com/en/news/281340103.md) - [Toll Brothers Announces Final Opportunity to Own a Luxury Home at CrossCreek in Cumming, Georgia | TOL Stock News](https://longbridge.com/en/news/280830813.md) - [Toll Brothers Announces Final Opportunity to Build a New Luxury Home at Weston Reserve in Apex, North Carolina | TOL Stock News](https://longbridge.com/en/news/281074763.md) - [Top One Liberty Properties Executive Makes Notable Move With Company Stock](https://longbridge.com/en/news/280560599.md) - [Clip Money Inc. Reports 2025 Year End Results | CLPMF Stock News](https://longbridge.com/en/news/281265386.md)