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The very latest news and developments from Alpha1Estates™:
9 January 2023 – Global real estate advisory firm Alpha1Estates said on January 9 2023 . Jumada II 16, 1443, that its real estate index for Makkah and Madinah had fallen by 21.5% in 2022, compared to a jump of 12.9% in 2021, impacted by downturns in the global economy, central bank interest rate hikes affecting indebtedness and a continuing recovery in pre-pandemic levels of overseas pilgrims to the Holy Cities. (FOCUS – Saudi Arabia’s Ministry of Investment Report on Makkah and on Madinah, December 2022)
4 February 2021 – Global real estate advisory firm Alpha1Estates™ said on February 4, 2021 / Jumada II 22, 1442 that its real estate index for Makkah and Madinah had fallen by 7.6% in 2020, as the COVID-19 pandemic and global lockdown brought travel to the Holy Cities to a standstill.
5 January 2021 – Alpha1Strategy™ launches its Global Overview 2021, a showcase of some of the forthcoming milestone events in 2020 globally, marking the ninth year until the United Nations’ Agenda 2030, during the G20 Presidency of Italy and in globalising the decade of the Overview Effect.
15 March 2020: Global real estate advisory firm Alpha1Estates™ said on March 15, 2020 / Rajab 21, 1441 that its real estate index for Makkah and Madinah had fallen by nearly 4% in 2019, whilst the Kingdom’s REITs (real estate investment trusts) were buoyant, gaining at nearly 16% over the year, with a REIT focused on the Holy Cities up nearly 9%.
7 February 2019: Alpha1Estates™ said on 7 February 2019 / 2 Jumada Al-Thani 1440 that its real estate index for Makkah and Madinah had fallen by 18% in 2018, reflecting a slowdown in the Kingdom’s real estate sector, driven by commercial, economic and wider structural issues.
22 January 2019 – Alpha1Strategy™ launches its inaugural G20 Davos Outlook for 2019, a showcase of some of forthcoming milestone events in 2019 for G20 countries as launched ahead of the World Economic Forum in Davos, Switzerland. (Formats: Country Focus/ Calendar Focus) / (Press Release)
27 April 2018 – The Chairman and CEO, Talal Malik, shares ‘An Arabian Future’, his first global thought leadership editorial on a potential future of the Arabian Peninsula, which is published in leading Saudi Arabian newspaper, ‘Saudi Gazette’ in English and on Medium.com, as ‘مستقبل الجزيرة العربية’ in Arabic on ‘Al-Iqtisadi’ and on Medium.com, and as ‘阿拉伯人的未来’ in Mandarin Chinese, as ‘Будущее арабского мира’ in Russian and as ‘עתיד ערב הסעודית’ in Hebrew on Medium.com.
17 April 2018 – The five-year anniversary of the first public speech by its Chairman and CEO, Talal Malik, in the City of Al-Madinah Al-Munawarah (‘The Illuminated Metropolis’) in Saudi Arabia is commemorated, where he was was invited to speak on the topic of global corporate governance, organised under the Royal Patronage of the Emirate of Al-Madinah Al-Munawarah, Saudi Arabia’s General Investment Authority (SAGIA) and Malaysia’s World Islamic Economic Forum (WIEF), and attended by the former Deputy Prime Minister of Malaysia, Sri Tun Musa Hitam and the Governor of Malaysia’s Central Bank, Bank Negara. It marked the first public articulation of Islam’s maxim on corporate governance as ‘caveat venditor’ (Latin for ‘let the seller beware’), compared to the ancient Roman maxim of ‘caveat emptor’ (Latin for ‘let the buyer beware’), also marking the first time in many centuries, if not ever, that Latin would have been spoken in a public address in Islam’s second Holy City.
11 April 2018 – The Chairman and CEO, Talal Malik, addressed the 2018 edition of the distinguished Top CEO forum, co-organised by INSEAD Business School, in Saudi Arabia on the plenary session, ‘A New Era’, about the strategic future direction of economies in the Middle East, focusing on rebalancing the labour market, GDP sector composition and infrastructure.
26 February 2018 – The Chairman and CEO, Talal Malik, is honoured to be a special guest at the first Riyadh International Humanitarian Forum (RHIF), inaugurated in person by the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud. This marks the first event Talal Malik has attended with a monarch of Saudi Arabia. Alpha1Corp through its subsidiaries provided strategic services at the first RHIF organised by the King Salman Centre for Humanitarian and Relief Works.
1 February 2018 – The Chairman and CEO, Talal Malik’s official photo on his historic tour of Dubai in the United Arab Emirates in February 2008, is released to celebrate the 10-year anniversary of the tour and the accession of Dubai’s Crown Prince, Sheikh Hamdan bin Mohammad Al Maktoum, also known as Fazza. The Chairman and CEO, Talal Malik, was honoured as the first VIP with the first aerial view of the Burj Khalifa, the world’s tallest building, after it exceeded 600 metres to become the tallest man-made structure on Earth; the first aerial view of The World Islands of Dubai, the world’s largest archipelago of man-made islands, after their completion; and the first view of Atlantis, The Palm Hotel on the Palm Jumeirah in Dubai.
9 January 2018 – The Chairman and CEO, Talal Malik, publishes his opinion editorial ‘Discovering Your Life Purpose’, which appears in ‘The Huffington Post US’, ‘Arab News’ and Medium.com in English, as ‘发现你人生的意义’ in Mandarin on Medium.com, as ‘Поиски смысла жизни’ in Russian on Medium.com as ‘גילוי מטרת חייך’ in Hebrew on Medium.com and as ‘اكتشاف الهدف من حياتك’ on Al-Iqtisadi and Medium.com in Arabic.
28 December 2017 – The Chairman and CEO, Talal Malik’s official photo with Stan Lee, Chairman Emeritus of Marvel Entertainment and Co-Creator of Spider-man is revealed publicly to mark Stan Lee’s 95th Birthday.
25 October 2017 – The Chairman and CEO, Talal Malik, meets HRH Crown Prince Mohammad bin Salman bin Abdulaziz Al- Saud of Saudi Arabia.
21 September 2017 – The Chairman and CEO, Talal Malik, attends the United Nations General Assembly Week (UNGA) in New York, USA, with official visits to the World Economic Forum HQ.
24 January 2017 – The Chairman and CEO, Talal Malik, publishes his first opinion editorial ‘The Davos Inflection’ at the historic World Economic Forum in Davos in 2017, which appears in ‘The Huffington Post US’, ‘Arab News’ and Medium.com in English, as ‘达沃斯转折点’ in Mandarin on Medium.com, as ‘Влияние Давоса’ in Russian on Medium.com, as ‘התפנית של דאבוס’ in Hebrew on Medium.com and as ‘انعطاف دافوس’ on ‘Al-Iqtisadi’ and Medium.com in Arabic.
17 January 2017 – The Chairman and CEO, Talal Malik, gives his first interview to ‘The National’ in relation to global governance and his work with the leadership of China in an article titled ‘China’s Xi defends globalisation at WEF annual meeting in Davos’ by acclaimed journalist, Frank Kane.
17-20 January 2017 – The Chairman and CEO, Talal Malik, attends the 47th Annual Meeting of the World Economic Forum in Davos, Switzerland.
30 January 2018: Alpha1Estates™ said on 30 January 2018 / 12 Jumada Al-Awwal 1439 that its real estate index for Makkah and Madinah had fallen by 14% in 2017, based on Saudi Arabia’s first year of implementing its reform agenda with Vision 2030 and the National Transformation Plan 2020 (NTP).
8 February 2017: Alpha1Estates™ said on February 8, 2017 /10 Jumada Al-Awwal 1438 that its real estate index for Makkah and Madinah had risen by 9% in 2016, in a year in which Saudi Arabia launched its reform agenda with Vision 2030 and the National Transformation Plan 2020 (NTP).
22 November 2016 – The Chairman and CEO, Talal Malik, publishes his opinion-editorial article ‘American Future X’ after the US Presidential Election of Donald J. Trump, which appears in ‘The Huffington Post US’, ‘Arab News’ and Medium.com in English, as ‘美国未来 X’ on LinkedIn.com in Mandarin, as ‘التاريخ الأميركي إكس’ on ‘Al-Iqtisadi’ in Arabic.
16 October 2016 – The Chairman and CEO, Talal Malik, commences his role as a seconded Senior Adviser based at Saudi Arabia’s Ministry of Energy, Industry and Minerals (MEIM), advising the Chairman’s Office on Ministry-wide governance, strategy and strategic communications.
25 June 2016 – The Chairman and CEO, Talal Malik, publishes his opinion-editorial article ‘The British-EU Revival Imperative’ two days after the UK’s vote for Brexit, which appears in ‘The Huffington Post US’, ‘Al-Arabiya’ and Medium.com in English, as ‘英国与欧盟的复兴势在必行’ on LinkedIn.com and as ‘حتمية إحياء العلاقة البريطانية مع الاتحاد الأوروبي’ on ‘Al-Iqtisadi’ in Arabic.
8 June 2016 – The Chairman and CEO, Talal Malik, gives his first global interview to ‘The Financial Times’ on Saudi Arabia’s historic tax proposals.
26 March 2016 – The Chairman and CEO, Talal Malik, publishes his opinion-editorial article ‘Harnessing Disruption’ about the contemporary and future impact of technology in our world, which appears in ‘The Huffington Post, US’ in English, as ‘驾驭中断’ on LinkedIn.com in Mandarin and on ‘Al-Iqtisadi’ as ‘اغتنام الزعزعة’ in Arabic.
1 March 2016 – The Chairman and CEO, Talal Malik, gives his first official interview about the governance and future of Egypt to the government-owned ‘Al-Akhbar Al-Youm’ on the fifth anniversary of the Egyptian Revolution of 2011, in an interview in Arabic titled as ‘حوكمة مصر والاستراجية للمستقبلها’.
17 January 2016: Alpha1Estates™ said on January 17, 2016 / 7 Rabi al-Akhir 1437 that its real estate index for Makkah and Madinah had risen by 7% in 2015, its lowest rise in five years, in a year of immense change for the Kingdom, with the death of the Custodian of the Two Holy Mosques King Abdullah and accession of King Salman bin Abdulaziz Al-Saud.
23 January 2015 – The Chairman and CEO, Talal Malik, publishes his opinion-editorial article ‘Poverty, People, Planet’ about the forthcoming Sustainable Development Goals (‘Global Goals 2030’) in consultation with the United Nations Secretary General’s Office, which appears in ‘Al-Arabiya’, ‘The Business Times, Singapore’, ‘The Saudi Gazette’ in English, and as ‘لا نترك احد لميصرة’ in ‘Al-Iqtisadi’ in Arabic.
5 January 2015: Alpha1Estates™ said on January 5, 2014, and in the new Islamic year of 1436, that its real estate index for Makkah and Madinah had risen by 23% in 2014, despite the Saudi monarch’s illness from pneumonia and the biggest global oil price drop of the past six years.
10 November 2014 – The Chairman and CEO, Talal Malik, commences advising and consulting with the United Nations Secretary General’s Office on the Sustainable Development Goals (‘Global Goals’).
21 October 2014 – The Chairman and CEO, Talal Malik, publishes his opinion-editorial article ‘The Age of Convergence’, based on his inaugural visit to China, visiting Beijing, attending his inaugural World Economic Forum (‘Summer Davos’) in Tianjin, which appears in ‘Al-Arabiya’ and ‘The Saudi Gazette’ in English and as ‘عصر التقارب’ in ‘Al-Iqtisadi’ in Arabic.
31 August 2014 – The Chairman and CEO, Talal Malik, completes his tenure as the main senior management and strategic communications adviser in the Middle East to the senior and global leadership of the consulting firm, McKinsey & Company.
4 January 2014 – Alpha1Estates™ said on January 4, 2014, and in the new Islamic year of 1435, that its real estate index for Makkah and Madinah grew near doubled in 2013, reflecting the current boom in the Holy Cities for developers and their investors.
4 December 2013 – The Chairman and CEO, Talal Malik, gives his first global interview to Xinhua, the official state news agency of the People’s Republic of China, published in Mandarin as ‘埃及引500亿美元外资达初步意向 仍有质疑声音’.
4 January 2013 – Alpha1Estates™ said on January 4, 2012, and in the new Islamic year of 1434, that its real estate index for Makkah and Madinah grew by over 26% in 2012, reflecting the current boom in the Holy Cities for developers and their investors.
20 July 2012 – Alpha1Estates™ said on July 20 and in the holy month of Ramadan that it has signed a Memorandum of Understanding with leading US real estate advisory firm Cotton & Company to share expertise and experience in their respective markets.
1 January 2012 – Alpha1Estates™ states that new real estate, regulatory, immigration, business and finance legislation is required for the real estate sector in the Holy Cities of Makkah and Madinah to achieve its true potential.
1 January 2011 – Alpha1Estates™ states that the new decade can usher in a maturing phase of the real estate sector of Makkah and Madinah, leading to a lucrative boom in the Holy Cities.
1 January 2010 – Alpha1Estates™ launches Al-Tilal Villas, Madinah and Royal Clock Tower, Makkah.
1 January 2009 – Alpha1Estates™ sees the real estate sector in Makkah and Madinah as being buoyant.
22-24 June 2008 – Alpha1Estates™ management attends the Noor Conference in Madinah, organised by the Saudi Arabian General Investment Authority (SAGIA) and the Knowledge Economic City (KEC) and meets HRH Prince Abdul Aziz Bin Majed, the Governor of Madinah. Read more
11 June 2008 – Alpha1Estates™ founder becomes the first person in the Middle East to be featured in prime Arabic media for undertaking the latest extensive DNA-genealogy testing procedures. Read more
27 May 2008 – Alpha1Estates™ management leads a prestigious regional media-initative to promote the achievements of Arabian Businesswomen, and in particular highlights the work of the Khadijah Bint Khuwailid Businesswomen Centre in Jeddah. Read more
22 April 2008 – Alpha1Estates™ management meets Jack Welch, former Chairman and CEO of General Electric and Fortune Magazine’s ‘CEO of the Century’.
13 April 2008 – Alpha1Estates™ attends the International Islamic Finance Forum in Dubai, UAE and meets Muhammad Yunus, Grameen Bank founder, microfinance expert and Nobel Peace Prize Winner 2006 and also meets Rushdi Siddiqui, Global Director of the Dow Jones Islamic Indexes.
1 July 2008 – The Chairman and CEO, Talal Malik, commences his tenure as the main senior management and strategic communications adviser in the Middle East to the senior and global leadership of the consulting firm, McKinsey & Company.
23 February 2008 – The Chairman and CEO, Talal Malik, becomes the first VIP guest of the Government of Dubai to fly over, view and showcase the Burj Khalifa after it has become the world’s tallest man-made structure, the World Islands upon their completion as the world’s first man-man archipelago islands viewable from space, and the Atlantis Palm Jumeirah at its completion, on the same date as the accession of Dubai’s Crown Prince Sheikh Hamden bin Rashid Al-Maktoum.
2 February 2008 – Alpha1Estates™ management views Dubai’s mega-projects The World islands, The Palm Jumeriah islands and Burj Dubai, the world’s tallest building, from a helicopter as a VIP guest of the Government of Dubai and real estate developer Nakheel.
1 January 2008 – Alpha1Estates™ launch plans for world’s first property fund for Holy Cities of Makkah and Madinah. Read more
20 December 2007 – Alpha1Estates™ meets Mr. Iqbal Khan, former founding CEO of HSBC Amanah, chairman of the executive committee of Jadwa Investment Bank in London, United Kingdom and CEO of Fajr Capital. Read more
23 November 2007 – Alpha1Estates™ management attends a celebration of the anniversary of the Dubai International Finance Centre in Dubai, UAE, held under the patronage of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. Read more
18 November 2007 – Alpha1Estates™ management attends ‘Marketing Strategy’ lecture by marketing management expert Philip Kotler and ‘Leadership and Climate Change’ lecture by Virgin entrepreneur Sir Richard Branson at prestigious business leadership forum, Leaders in Dubai, in Dubai, UAE. Read more
2 November 2007 – Alpha1Estates™ management meets Mr. Jeffery Sachs, Special Advisor to United Nations Secretary-General Ban-ki Moon, and architect of the United Nations Millennium Development Goals, and dicusses the global institutionalisation of Zakat funds (Islamic alms levy) as part of the inaugural Dubai International Finance Week. Read more
16-18 October 2007 – Senior management at Alpha1Estates™ attend Cityscape Dubai, the world’s largest real estate trade event. Read more
18 July 2007 – Alpha1Estates™ management meets Mr. Tareq Al-Suwaidan, head of al-Resalah TV (A Prince Alwaleed bin Talal initative) and CEO of the Gulf Innovation Group and as a guest of al-Resalah attends the lecture ‘Building a Civilisation’ in Cairo, Egypt. Read more
20 March 2007 – Alpha1Estates™ management His Excellency Mufti Dr. Ali Gomaa, mufti of Egypt and the highest-ranking Islamic scholar in the world, at Dar al-Ifta, Cairo, Egypt. Read more
7 February 2007 – Alpha1Estates™ management meets the His Eminence Sheikh Muhammad Sayyid Tantawi, Grand Imam of Al Azhar, at the Supreme Council for Islamic Affairs, Cairo, Egypt. Read more
1 January 2007 – Alpha1Estates™ launches Ihsan al-Haramain Consultancy Programme, the first bespoke consultancy programme for real estate investment in Makkah and Madinah. Read more
10 December 2006 – Alpha1Estates™ attends the Cairo Investment Forum, and meets Sheikh Saleh Abdullah Kamel, chairman and founder of Dallah al-Baraka Group, President of the Islamic Chamber of Commerce and Industry, Organisation for the Islamic Conference (OIC) and Chairman of the General Council for Islamic Banks and Financial Institutions. Read more
24 September 2006 – Alpha1Estates™ becomes the first real estate company to have it own Channel on video portal website, YouTube.com Two weeks late on October 9, Google purchases YouTube.com for $1.65 billion. Visit our channel on YouTube
13 June 2006 – Alpha1Estates™ management attends the inaugural Islamic Finance and Trade Summit in London in June, where then-Chancellor of the Exchequer Gordon Brown speaks of making London a gateway to Islamic finance. Read more
June 2006 – Eminent Islamic finance scholar Shaykh Yusuf Talal DeLorenzo praises Alpha1Estates™ as “a wonderful and exciting project”. Read more
22 March 2006 – Alpha1Estates™ management meets the new Saudi Arabian Ambassador to the United Kingdom , H.R.H. Prince Mohammed bin Nawaf al-Saud to discuss Alpha1Estates International’s properties in Makkah and Madinah. Read more
15 February 2006 – Alpha1Estates™officially endorses Shaykh Hamza Yusuf’s speaking lecture about Islam at the Oxford Union, Oxford University. Read more
10 February 2006 – Alpha1Estates™ management meets Shaykh Abdallah bin Bayyah, Vice-President of the International Union of Muslim Scholars and Professor of Islamic Jurisprudence at the King Abdul-Aziz University, Jeddah at the House of Lords, British Parliament. Shaykh Abdallah Ibn Bayyah permits and endorses Alpha1Estates International’s marketing of properties in Makkah and Madinah. Read more
7 February 2006 – Alpha1Estates™ exhibits at the ‘One Faith, Many Voices’ Islamic discussion event featuring Islamic scholars Shaykh Abdallah bin Bayyah, Imam Zaid Shakir and Shaykh Hamza Yusuf. Alpha1Estates International distributes pure ZamZam water direct from Makkah to guests at the event. Read more
January-February 2006 – Alpha1Estates™ features for two months in the Top Business Websites for AmeInfo’s Business Index, which is automatically generated every 24 hours as a compilation of the twenty-five most popular Middle East business websites visited by AME Info users each month. Read more
1 January 2006 – Alpha1Estates™ becomes the first company to allow Muslims worldwide to buy property in the Islamic Holy Cities of Makkah and Madinah in unique projects in the most sacred, most exclusive and most expensive land in the world. Read more
26 December 2005 – Alpha1Estates™ officially launches on international television in a 90-minute prime time presentation of its operations. The company’s management discuss properties in Makkah and Madinah on British-based television station Islam Channel. The programme also features the first international televised presentations of ZamZam Tower , Makkah, Taiba Eastern Tower , Madinah and the King Abdul Aziz Endowment – View our Virtual Channel