Kinan was founded in 2005, a closed joint stock company with a capital of 1.7 billion Riyals, has shareholders like Savola Group, Jarir for commercial investments, Al-Bilad investment bank, Zamil companies, Olayan Group and other leading companies. The concept LIVE is a concept by which Kinan adopted when they started developing their residential communities that provide lifestyle and convenient services, they focus on the concept of living for the residents' in terms of housing designs and the surrounding integrated services targeted to the middle income people. The company has entered the field of residential development in 2009 and has a total area of residential projects in development of about 5 million square meters, making it the largest homebuilder for middle-income people in the whole Kingdom. The company is currently working on developing two major projects in the Kingdom, the first one is Masharef project in north Jeddah, and the second one is Masharef Hills project in northern Riyadh