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Azad Properties and Red Malls as the Headline Sponsor of the RLC Global Forum 2026

We are proud to announce Azad Properties and Red Malls as the Headline Sponsor of the RLC Global Forum 2026 in Riyadh, Saudi Arabia, on 3 - 4 February 2026. RLC is a trusted platform that convenes influential leaders, decision-makers, investors, and innovators to exchange insights and drive actionable dialogue on the future of retail and the sectors shaping it. Our sponsorship reflects our role in advancing Saudi Arabia’s transformation across commercial real estate, and retail through sustainability-led development, innovation, and excellence in planning and operations, aligned with the ambitions of Saudi Vision 2030.

Annual Day at Azad Properties and Red Malls: One Team, One Journey

“Azad Properties and Red Malls are built on people before anything else. When teams come together with trust, pride, and a shared sense of purpose, we create momentum that truly matters. Ahead Together.” — Ayman Al Burti A powerful moment from our Annual Day, bringing colleagues from Azad Properties and RED Malls together and reinforcing the culture, connection, and leadership that continue to shape our journey.

Under the patronage of the Deputy Governor of the Makkah Region and in the gracious presence of the Governor of Jeddah, Souq7 is inaugurated in the Kingdom as the largest open-air retail and entertainment destination. All seven specialized zones are now operational across 720,000 square meters, merging traditional Saudi market heritage with contemporary retail innovation JEDDAH, Saudi Arabia — Under the patronage of His Royal Highness Prince Saud bin Mishaal bin Abdulaziz Al Saud, and honoured by the presence of His Highness Prince Saud bin Abdullah bin Jalawi, Governor of Jeddah, Souq7 officially opened its doors on Wednesday, December 10, 2025 (19 Jumada Al-Akhirah 1447H), marking a transformative milestone in Saudi Arabia's retail landscape. The grand opening celebration welcomed dignitaries, business leaders, and visitors to experience the full activation of all seven specialized zones at the Kingdom's most ambitious retail destination. Spanning 720,000 square meters with more than 3,500 stores, Souq7 represents a world first in both scale and concept: a modern evolution of the traditional souq that preserves the authenticity, storytelling, and community essence of historic Arabian markets while delivering the infrastructure, systems, and operational excellence that contemporary consumers and global standards require. The destination's seven market-style zones include Foodstuff, Fashion, Home and Furniture, Electronics, Automotive, Building Materials, and Family and Entertainment. Each of the seven zones features distinct architectural identities and curated experiences designed to serve every customer segment from value-conscious families to experience seekers. Strategically located in the heart of Al-Jamea district in southeast Jeddah, Souq7 occupies a site steeped in commercial heritage, once home to the renowned Amir Mutaib Markets. The destination serves a dense catchment area of over 620,000 residents within a 10-minute drive radius, surrounded by major institutions including King Abdulaziz University and leading medical facilities, with seamless connectivity via primary road networks throughout the Makkah region. “Souq7 stands at the forefront of a sector undergoing fundamental transformation,” said Ayman Al Burti, Chief Executive Officer of Azad Properties. “Consumers today expect value and experience together, delivered in environments that reflect their identity and aspirations. Souq7 demonstrates how cultural authenticity can scale without compromising commercial performance, and we believe this represents an important direction for the region's retail development, where cultural connection creates lasting differentiation.” A Celebration of Culture, Commerce, and Community The December 10th grand opening featured an exceptional lineup of cultural performances, interactive experiences, and exclusive retail unveilings designed to showcase Souq7's unique positioning as both a commercial hub and cultural destination. Visitors enjoyed traditional Saudi folklore performances, contemporary artistic installations, a creatively choreographed drone show that transformed the night sky with immersive formations inspired by the identity and stories of the seven zones of Souq7, a Saudi orchestra, and interactive activation spaces reflecting each of the seven zones. The activation strategy extends beyond opening day, with Souq7 committed to year-round programming that includes seasonal festivals, cultural celebrations, retail promotions, and community events that position the destination as a dynamic gathering place for Jeddah residents and regional visitors. Global Recognition and Vision 2030 Alignment Souq7 has received Gold Awards for Best Design and Development from both the Middle East Council of Shopping Centres & Retailers (MECS+R) and Retail & Leisure International (RLI), positioning the project at the forefront of global retail innovation. The international recognition reflects the destination's pioneering approach to reimagining traditional market formats at unprecedented scale. Developed in alignment with Saudi Vision 2030's economic diversification objectives, Souq7 serves as a catalyst for private sector growth and job creation. The destination supports over 3,500 business partners (from international brands to local entrepreneurs) and has generated 24,000 direct and indirect jobs across retail operations, hospitality services, logistics, and facilities management. This economic impact extends throughout the supply chain, supporting Saudi Arabia's transformation into a globally competitive retail and tourism destination. As global retail continues to evolve toward experiential destinations that differentiate through authenticity and community connection, Souq7 provides a compelling blueprint for how cultural heritage can drive commercial innovation. By modernizing the timeless concept of the souq, where discovery, value, and social interaction have always been central, the destination redefines how retail spaces can inspire belonging while contributing to national economic transformation. Sustainability is embedded in Souq7’s development approach, ensuring that its infrastructure, operations, and community spaces contribute to a more resilient and environmentally conscious urban landscape in line with Vision 2030. About Azad Properties Founded in 2017, Azad Properties is a Saudi-based real estate development and management company specializing in retail, commercial, logistics, and lifestyle destinations. With a portfolio exceeding 2 million square meters of gross leasable area across 17 operating, development, and pipeline projects, Azad Properties is shaping the next generation of sustainable, experience-led destinations in alignment with Saudi Vision 2030. The company's approach combines deep understanding of local markets with international development standards to create destinations that serve communities while delivering strong returns for stakeholders.

Azad Properties has been honored with two awards at the 4th Annual Saudi Building & Infrastructure Awards 2025

Azad Properties has been honored with two awards at the 4th Annual Saudi Building & Infrastructure Awards 2025. This recognition celebrates the company’s continued contributions to real estate management and development across the Kingdom, and its commitment to creating destinations that set new benchmarks for quality and sustainability. • Best Commercial Real Estate Asset Management Company 2025 • Best Retail Project 2025 for Souq7 Our achievements today represent steps forward in the Kingdom’s ongoing journey of growth and prosperity.

Azad Properties Signs Strategic Agreement with SAP to Transform HR Through SAP SuccessFactors

Azad Properties has signed a strategic agreement with SAP, the global leader in enterprise application software, to implement the SAP SuccessFactors Human Experience Management (HXM) suite, marking an important milestone in Azad Properties' digital transformation journey and its ambition to build a modern, employee-centric HR function. The platform will help digitize the entire employee lifecycle at Azad Properties through a unified system covering recruitment, onboarding, development, and performance management, powered by advanced analytics and AI to enhance decision-making, efficiency, and organizational agility. Through this agreement, Azad Properties strengthens its ability to attract and retain top talent while aligning its HR transformation with Saudi Arabia’s Vision 2030 digital agenda, positioning the company to become a leading success story in employee experience and HR innovation within the real estate sector.

Media Highlights

Azad Properties Appoints Design International to Lead the Architecture of Bawabat Al Senaya in Riyadh

We are pleased to appoint Design International the leading global architecture firm, to design Bawabat Al Senaya, our upcoming industrial and logistics hub in the heart of Riyadh.

Azad Properties and NHC Sign MoU for Major Commercial Development in Al Khuzam – Riyadh

We are pleased to announce the signing of a Memorandum of Understanding with NHC to explore the development of a commercial project spanning over 700,000 square meters in Al Khuzam Destination, North Riyadh. This partnership represents a model of effective collaboration that contributes to economic growth and enhances the commercial landscape, aligning with the goals of Saudi Vision 2030.

Azad Properties Purchases 70,000 sqm Land Plot in Jeddah’s Al Rawdah District

Azad Properties has announced the purchase of a 70,000 square meter land plot in Al-Rawdah district of Jeddah. The land is strategically located at the intersection of Prince Sultan Road and Prince Saud Al-Faisal Street, in a thriving urban area with a high population density, modern amenities, and close proximity to key landmarks. This prime location makes it an ideal site for a variety of development projects. This acquisition aligns with Azad Properties’ expansion strategy, focusing on high-potential locations across the Kingdom. The company is committed to developing modern, high-quality projects that support Saudi Vision 2030’s goal of sustainable urban development, further solidifying its position as a leading real estate developer in the region. Commenting on the acquisition, Ayman Al-Burti, CEO of Azad Properties, stated: “This deal marks a strategic step in our expansion within Jeddah’s prime locations. Our goal is to offer innovative real estate solutions that meet the growing market demand.” He further added: “Through our investments, we aim to achieve long-term sustainability by developing integrated projects that support the local economy and enhance infrastructure efficiency, ensuring optimal returns for both investors and the community.” Jeddah’s real estate sector is experiencing rapid growth, driven by increasing demand for mixed-use developments that offer modern residential and commercial environments. This reflects the city’s strong economic expansion and its status as a key investment hub. With its strategic location and role as a major economic center, Jeddah continues to attract local and international investors, especially following regulatory reforms that have strengthened market confidence.

Azad Properties has successfully set a new world record in the Guinness World Records.

At Azad Properties, community vibes are our driving force! Recently, we hosted an unforgettable Ramadan Iftar at Souq7, welcoming over 2,000 incredible guests from the People of Determination community and their families. The night was filled with heart and unity, culminating in a Guinness World Record achievement simultaneously opening 270 meal boxes in perfect harmony. This accomplishment reflects our deep commitment to social responsibility and our dedication to empowering and integrating People of Determination into society through impactful initiatives that enhance quality of life, especially during the holy month of Ramadan. Such a milestone aligns seamlessly with the objectives of Saudi Vision 2030, emphasizing the importance of inclusivity, empowering all societal segments, and enhancing quality of life through initiatives that support social solidarity, community integration, and the development of the non-profit sector.

Azad Properties Launches Historic Jeddah Tour Booking Kiosk at Corniche Commercial Center

Azad Properties creates destinations where culture, commerce, and community come together. Azad has signed a new agreement at Corniche Commercial Center in collaboration with tour guides to establish a dedicated kiosk for booking historic Jeddah tours. This initiative will elevate the experience for both tourists and residents, offering a unique opportunity to deepen their connection with the city's rich heritage.

Career and Employment Forum and Exhibition 2024

Azad Properties honors the silver sponsor of the 2024 Career and Employment Forum and Exhibition in Jad on what it takes to do the jumping jacks that set you apart in the professional arena.