Our Story
Our Story
Dirah Development Company was established through an MOU signed in May 2023 under the patronage of His Highness Prince Faisal bin Abdulaziz bin Ayyaf. The agreement, between Riyadh Holding Company and Riyadh Development Company, serves as a cornerstone for enhancing mutual cooperation, and has led to the launch of several investment initiatives aimed at developing the quality of services in the Dirah area.
Riyadh Development Company (ARDCO)
Riyadh Development Company (ARDCO), a joint-stock company, was established in 1994 by a vision from King Salman bin Abdulaziz, during his time in office as the Governor of Riyadh, with its first mandate being the development of the Qasr Al-Hukm area in central Riyadh. Since then, ARDCO has become a cornerstone of Riyadh's real estate development and investment sector, through establishing, operating, and managing key projects in the public good services sector.
Riyadh Holding Company (RHC)
Dirah Development Company was established through an MOU signed in May 2023 under the patronage of His Highness Prince Faisal bin Abdul Aziz bin Ayyaf. The agreement, between Riyadh Holding Company and Riyadh Development Company, serves as a cornerstone for enhancing mutual cooperation, leading to the launch of several investment initiatives aimed at developing the quality of services in the Dirah area.
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