First Projects Ltd. announces collaboration with Hyatt to launch Hyatt Regency Private Residences Riyadh Downtown

First Projects Ltd. announced its collaboration with global hospitality leader, Hyatt, to introduce Hyatt Regency Private Residences Riyadh Downtown, a standalone Hyatt Regency branded residence in Riyadh. The development, previously known as First Projects Sky, is located in Al Olaya District and will be officially known as Hyatt Regency Private Residences Riyadh Downtown, reflecting its distinctive position at the heart of the capital. Distinct Address, One Unrivaled StandardSupported by the Hyatt Regency brand’s acclaimed hospitality and service standards spanning nearly 60 years, alongside the local expertise of First Projects Ltd., Hyatt Regency Private Residences Riyadh Downtown is set to bring a new era of residential living to the city, with an atmosphere tailored to its central Riyadh location. Hyatt Regency Private Residences Riyadh DowntownLocated in Al Olaya District, this residence will place residence owners at the epicenter of Riyadh’s established business corridor. The residence is curated for the high-achieving urbanist, with the design offering inviting living spaces in a contemporary setting that fosters connection, comfort, and community. Residents will enjoy hotel-inspired comfort with an elevated Fitness Center, indoor swimming pool, and dedicated wellness facilities, all within accessible reach of the King Fahd National Library and KAFD. “The launch of Hyatt Regency Private Residences Riyadh Downtown marks a strategic step in elevating our residential portfolio,” said Eng. Mohamad Dabboussi, CEO of First Projects Ltd. “By integrating Hyatt’s hospitality-led living standards into our developments, we are reinforcing our commitment to delivering world-class value in Riyadh’s most coveted district, pairing our local development strength with the Hyatt Regency’s brand stewardship to deliver private residences defined by trust and design.” Tina Necrason, Global Head of Branded Residential at Hyatt, noted, “We are pleased to collaborate with First Projects to introduce Hyatt Regency Private Residences to Riyadh as we continue to expand our global residential footprint. This community reflects our vision and commitment to deliver thoughtfully designed homes with a focus on personalized service and amenities.” “Riyadh continues to evolve as one of the region’s most dynamic and fast-growing cities, with demand on the rise for branded homes that deliver both lifestyle and long-term value. This standalone Hyatt Regency Private Residences reflects the brand’s decades of hospitality strength and global recognition,” added Briana Swift, RVP of Development, Saudi Arabia, Hyatt. “This community will offer homeowners the confidence of a globally recognized brand, paired with a sense of connection designed for everyday living.” Hyatt Regency Private Residences Riyadh Downtown represents a shared commitment to the future of Riyadh’s branded residential living and urban landscape. As Riyadh evolves, the development will stand as a definitive address for residence owners who value privacy, architectural integrity, and world-class service. About First Projects Ltd. First Projects Ltd. is a forward-thinking real estate development company driven by innovation. We’re dedicated to delivering strong returns through our strategic partnerships.With a bold investment vision grounded in deep market insight, the company is committed to creating lasting value for all its stakeholders.In recent years, the company has delivered landmark developments that redefine its growth trajectory. Introducing new concepts and modern designs, meeting the demands of property owners and new investors looking for distinctive assets with lasting value. About Hyatt RegencyThe Hyatt Regency brand is a global collection of hotels and resorts found in more than 245 locations in over 50 countries around the world. The depth and breadth of this diverse portfolio, from expansive resorts to urban city centers, is a testament to the brand’s evolutionary spirit. For more than 50 years, the Hyatt Regency brand has championed fresh perspectives and enriching experiences, while its forward-thinking philosophy provides guests with inviting spaces that bring people together and foster a spirit of community. As a hospitality original, Hyatt Regency hotels and resorts are founded on openness — our colleagues consistently serve with open minds and open hearts to deliver unforgettable celebrations, effortless relaxation and notable culinary experiences alongside expert meetings and technology-enabled collaboration. The brand prides itself on an everlasting reputation for insightful care— one that welcomes all people across all countries and cultures, generation after generation. For more information, please visit hyattregency.com. Follow @HyattRegency on Facebook and Instagram, and tag photos with #HyattRegency. About Hyatt Hotels Corporation Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company guided by its purpose – to care for people so they can be their best. As of June 30, 2026, the Company’s portfolio included more than 1,500 hotels and all-inclusive properties in 83 countries across six continents. The Company’s offering includes brands in the Luxury Portfolio, including Park Hyatt®, Alila®, Miraval®, Impression by Secrets, and The Unbound Collection by Hyatt®; the Lifestyle Portfolio, including Andaz®, Thompson Hotels®, The Standard®, Dream® Hotels, The StandardX®, Breathless Resorts & Spas®, JdV by Hyatt®, Bunkhouse® Hotels, and Me and All Hotels; the Inclusive Collection, including Zoëtry® Wellness & Spa Resorts, Hyatt Ziva®, Hyatt Zilara®, Secrets® Resorts & Spas, Dreams® Resorts & Spas, Hyatt Vivid® Hotels & Resorts, Bahia Principe Hotels & Resorts, Alua Hotels & Resorts®, and Sunscape® Resorts & Spas; the Classics Portfolio, including Grand Hyatt®, Hyatt Regency®, Destination by Hyatt®, Hyatt Centric®, Hyatt Vacation Club®, and Hyatt®; and the Essentials Portfolio, including Caption by Hyatt®, Unscripted by Hyatt, Hyatt Place®, Hyatt House®, Hyatt Studios®, Hyatt Select, and UrCove. Subsidiaries of the Company operate the World of Hyatt® loyalty program, ALG Vacations®, Mr & Mrs Smith, Unlimited Vacation Club®, Amstar® DMC destination management services, and Trisept Solutions® technology services. For more information, please visit www.hyatt.com.First Projects Ltd. announced its collaboration with global hospitality leader, Hyatt, to introduce Hyatt Regency Private Residences Riyadh Downtown, a standalone Hyatt Regency branded residence in Riyadh. The development, previously known as First Projects Sky, is located in Al Olaya District and will be officially known as Hyatt Regency Private Residences Riyadh Downtown, reflecting its distinctive position at the heart of the capital. Distinct Address, One Unrivaled StandardSupported by the Hyatt Regency brand’s acclaimed hospitality and service standards spanning nearly 60 years, alongside the local expertise of First Projects Ltd., Hyatt Regency Private Residences Riyadh Downtown is set to bring a new era of residential living to the city, with an atmosphere tailored to its central Riyadh location. Hyatt Regency Private Residences Riyadh DowntownLocated in Al Olaya District, this residence will place residence owners at the epicenter of Riyadh’s established business corridor. The residence is curated for the high-achieving urbanist, with the design offering inviting living spaces in a contemporary setting that fosters connection, comfort, and community. Residents will enjoy hotel-inspired comfort with an elevated Fitness Center, indoor swimming pool, and dedicated wellness facilities, all within accessible reach of the King Fahd National Library and KAFD. “The launch of Hyatt Regency Private Residences Riyadh Downtown marks a strategic step in elevating our residential portfolio,” said Eng. Mohamad Dabboussi, CEO of First Projects Ltd. “By integrating Hyatt’s hospitality-led living standards into our developments, we are reinforcing our commitment to delivering world-class value in Riyadh’s most coveted district, pairing our local development strength with the Hyatt Regency’s brand stewardship to deliver private residences defined by trust and design.” Tina Necrason, Global Head of Branded Residential at Hyatt, noted, “We are pleased to collaborate with First Projects to introduce Hyatt Regency Private Residences to Riyadh as we continue to expand our global residential footprint. This community reflects our vision and commitment to deliver thoughtfully designed homes with a focus on personalized service and amenities.” “Riyadh continues to evolve as one of the region’s most dynamic and fast-growing cities, with demand on the rise for branded homes that deliver both lifestyle and long-term value. This standalone Hyatt Regency Private Residences reflects the brand’s decades of hospitality strength and global recognition,” added Briana Swift, RVP of Development, Saudi Arabia, Hyatt. “This community will offer homeowners the confidence of a globally recognized brand, paired with a sense of connection designed for everyday living.” Hyatt Regency Private Residences Riyadh Downtown represents a shared commitment to the future of Riyadh’s branded residential living and urban landscape. As Riyadh evolves, the development will stand as a definitive address for residence owners who value privacy, architectural integrity, and world-class service. About First Projects Ltd. First Projects Ltd. is a forward-thinking real estate development company driven by innovation. We’re dedicated to delivering strong returns through our strategic partnerships.With a bold investment vision grounded in deep market insight, the company is committed to creating lasting value for all its stakeholders.In recent years, the company has delivered landmark developments that redefine its growth trajectory. Introducing new concepts and modern designs, meeting the demands of property owners and new investors looking for distinctive assets with lasting value. About Hyatt RegencyThe Hyatt Regency brand is a global collection of hotels and resorts found in more than 245 locations in over 50 countries around the world. The depth and breadth of this diverse portfolio, from expansive resorts to urban city centers, is a testament to the brand’s evolutionary spirit. For more than 50 years, the Hyatt Regency brand has championed fresh perspectives and enriching experiences, while its forward-thinking philosophy provides guests with inviting spaces that bring people together and foster a spirit of community. As a hospitality original, Hyatt Regency hotels and resorts are founded on openness — our colleagues consistently serve with open minds and open hearts to deliver unforgettable celebrations, effortless relaxation and notable culinary experiences alongside expert meetings and technology-enabled collaboration. The brand prides itself on an everlasting reputation for insightful care— one that welcomes all people across all countries and cultures, generation after generation. For more information, please visit hyattregency.com. Follow @HyattRegency on Facebook and Instagram, and tag photos with #HyattRegency. About Hyatt Hotels Corporation Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company guided by its purpose – to care for people so they can be their best. As of June 30, 2026, the Company’s portfolio included more than 1,500 hotels and all-inclusive properties in 83 countries across six continents. The Company’s offering includes brands in the Luxury Portfolio, including Park Hyatt®, Alila®, Miraval®, Impression by Secrets, and The Unbound Collection by Hyatt®; the Lifestyle Portfolio, including Andaz®, Thompson Hotels®, The Standard®, Dream® Hotels, The StandardX®, Breathless Resorts & Spas®, JdV by Hyatt®, Bunkhouse® Hotels, and Me and All Hotels; the Inclusive Collection, including Zoëtry® Wellness & Spa Resorts, Hyatt Ziva®, Hyatt Zilara®, Secrets® Resorts & Spas, Dreams® Resorts & Spas, Hyatt Vivid® Hotels & Resorts, Bahia Principe Hotels & Resorts, Alua Hotels & Resorts®, and Sunscape® Resorts & Spas; the Classics Portfolio, including Grand Hyatt®, Hyatt Regency®, Destination by Hyatt®, Hyatt Centric®, Hyatt Vacation Club®, and Hyatt®; and the Essentials Portfolio, including Caption by Hyatt®, Unscripted by Hyatt, Hyatt Place®, Hyatt House®, Hyatt Studios®, Hyatt Select, and UrCove. Subsidiaries of the Company operate the World of Hyatt® loyalty program, ALG Vacations®, Mr & Mrs Smith, Unlimited Vacation Club®, Amstar® DMC destination management services, and Trisept Solutions® technology services. For more information, please visit www.hyatt.com.