CMC breaks ground on high-end Riyadh project

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Cayan Group, a Middle Eastern real estate developer, recently began its high-end CMC project located in Riyadh, Saudi Arabia, with a ground-breaking ceremony.

In April, Cayan Group held a launch party to unveil the CMC project. CMC, which was previously launched under the name CM1, will be a prestigious business center on King Fahed Road. Mefic Capital, a financial services company based in Saudi Arabia, has partnered with Cayan Group to complete the project.

Cayan Group-Real Estate Investment and Development was established in 2004. It is a top international real estate investment and development group that has a vast network of office locations in the UAE and in Saudi Arabia. Cayan’s expanding client base consists of more than 2,000 customers worldwide.

“CMC is strategically located on the King Fahd Road in Riyadh and is a perfect model of a multi-use integrated commercial complex, which includes luxury offices and distinctive facilities such as a screen and a high-tech fitness center among others,” President and Chairman of Cayan Group Ahmed Alhatti said. “CMC will be the new headquarters of both Mefic Capital and Cayan Group.”

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