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Umm Al-Qura sells land in Masar for 462 million
Al Maqara Development and Reconstruction Company announced the completion of the sale of two land plots in the "Masar" area, with a total value of 462.11 million Riyals, aimed at developing residential units within the project. The sale value of the first plot exceeded 260 million Riyals, while the second plot was sold for 201 million Riyals, with a total area of 6,614 square meters. These transactions will contribute to improving the company's liquidity and financial results, with the proceeds being used to finance current projects.
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