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Ledn invests 2.06B Riyals in Al-Qayrawan and Al-Narjis infrastructure
Laden Investment Company signed a contract worth 2.063 billion riyals to develop the infrastructure for the Qayrawan and Al-Narjis projects in Riyadh. The project includes the design and implementation of road networks, water, electricity, and telecommunications. The construction is scheduled to take three years, followed by two years of operation and maintenance, with the aim of improving the quality of life and increasing the residential real estate supply in the city. The contract was signed on June 23, 2026, and is expected to have a positive impact on the company's profitability during the construction period.
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