Al Tahaluf

Construction & Real Estate

Al Tahaluf unveils $291m residential project on Red Sea coast

Tue, 25 Nov 2025

Al Tahaluf, a Saudi-US joint venture comprising a subsidiary of Hovnanian Enterprises and Hamad bin Saedan Real Estate Company, has unveiled its SAR1.07 billion ($291 million) residential community project - Soleya - within the King Abdullah Economic City (KAEC).