Who We Are
Capitas Group International (“CGI”) is a Jeddah-based company established to build, launch and manage real estate sector businesses and projects. CGI was founded in 2009 as a joint venture between the Islamic Corporation for the Development of the Private Sector (ICD), the private sector...
Madinah Knowledge Economic City - Hotel & Serviced Apartments
The DMS team has been engaged under a long term agreement to develop into two towers – hotel and serviced apartments close to the Haramain High Speed Railway station....
Bidaya Home Finance Company
CGI was retained to build and launch Bidaya, a national real estate finance company for Saudi Arabia. Sponsored by ICD and the Public Investment Fund of the Ministry of Finance, Bidaya will increase access to finance for middle income home buyers across the Kingdom....
Ijmal Developer Finance
Ijmal LLC is being formed to provide investment capital for the development of small and medium housing projects by qualified developers across the Kingdom. ...
Makkah Urban Regeneration
CGI\'s Development Management Team (DMS) is the in-house development team overseeing the development plan for Al-Balad Al-Ameen, the real estate development arm of the Makkah Municipality....
Meshal Bin Majed Inaugurates CityScape Jeddah today (Okaz Supplement)
March 2013
CGI has been following developments related to the Mortgage Law closely. We believe that the im...
Issuance of Real Estate Mortgage Laws Activate Demands of Real Estate and Financing (Okaz)
March 2013
From an initial idea to evaluation of feasibility, formation of a development plan, management ...
200 Companies to Launch Real Estate Finance Products to Meet Housing Demands (Al Madina)
March 2013
CGI has been following developments related to the Mortgage Law closely. We believe that the im...
Capitas Group International in the News - 2013-01-21
January 2013
Islamic finance is increasingly being called upon to provide solutions to real world scenarios....
Article published in The Big Project Middle East magazine
January 2013
CGI's Development Management Services Group ("DMS") is expanding its development ...
Capitas Group International in the News - 2012-12-17
December 2012
With the value of the sector estimated at over SAR 1 trillion today Saudi media has recognized ...
Mortgage Law Draft Regulations Released
November 2012
As you are aware, the passage of the Mortgage Law earlier this year was a major milestone in th...
Arab News and Al-Sharq Al-Awsat carry CGI Commentary on the Mortgage Law
July 2012
The passage of the Mortgage comes at a much needed point in the development of the Saudi real...
Commentary on the Mortgage Law
July 2012
The passage of the Mortgage comes at a much needed point in the development of the Saudi real e...
News From Capitas Group International
July 2012
The passage of the Mortgage Law in Saudi Arabia is a much awaited milestone for the country'...