Riyadh, KSA: Raza, the real estate management arm of Saudi Public Pension Agency (PPA) and a subsidiary of Al Ra’idah Investment Company (RIC), today signed a strategic partnership agreement with globally-renowned ride-hailing app Uber, to enhance mobility and transportation across its properties in Saudi Arabia.
Digital City, Riyadh’s first integrated community-living development, becomes the first Raza property to benefit from the partnership. A total of 11 Uber dedicated pick-up and drop-off zones have been designated throughout various locations of Digital City providing residents and visitors with hassle free access to Uber services.
“Our partnership with Uber is line with our commitment to providing the tenants, residents and visitors of our properties with international-standard amenities. Digital City, which is frequented by over 10,000 people on a daily basis, naturally becomes an ideal starting point for us. In the months ahead, we look forward to roll-out this service across our developments in the Kingdom,” said Waleed Alesia, CEO of Raza.
Commenting on the partnership, Mohammad Gazzaz, General Manager of Uber in Saudi, said: “Uber’s technology will complement Raza’s transportation strategy, ensuring that residents and visitors have access to reliable, convenient and affordable transportation solutions at the push of a button. We are committed to developing a collaborative partnership with Raza to work together in bringing a seamless experience when using the Uber app in Digital City for both riders and driver-partners”
Digital City is Saudi Arabia’s first fully integrated, community-living development with commercial, residential and retail offerings. Managed and developed by Raza, Digital City is the physical manifestation of their commitment to housing the Kingdom’s foremost forward-thinking organizations and is dedicated to nurturing a knowledge-based economy.
As part of Raza’s commitment to provide an exceptional user experience and enhance the customers journey, Uber services will soon be available at Raza’s Al Dhabab Towers and Hamra Al Sharq properties.
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About Raza:
Raza is Saudi Arabia’s leading property asset manager and developer, focused on managing high-quality assets in the Kingdom. With over SAR13 billion million of real estate assets under management (AUM), Raza is one of the largest asset managers in the Kingdom operating a portfolio of multiple asset classes including residential, commercial and mixed-use developments.
Established in 2007 as Al Ra’idah, the company has recently been rebranded to Raza, a subsidiary of Al Ra’idah Investment Company (RIC) which in turn is owned by the Public Pension Agency (PPA) of Saudi Arabia.
About Uber:
Uber’s mission is to create opportunity through movement. We started in 2010 to solve a simple problem: how do you get access to a ride at the touch of a button? More than 15 billion trips later, we're building products to get people closer to where they want to be. By changing how people, food, and things move through cities, Uber is a platform that opens up the world to new possibilities.
For Uber media enquiries: press@uber.com
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