1 Day
Source:
الاقتصادية
Masar disposes of land for 462.1M riyals
Al Muqarram Development and Reconstruction Company sold two parcels of land within the "Wajhat Masar" project in Mecca for a total value of 462.1 million riyals. The deal was made with Mudar Al-Tasi, a company managing a real estate fund, with the aim of developing residential units. The first parcel was valued at 260.97 million riyals, and the second at 201.14 million riyals. These transactions will enhance liquidity, improve financial results, and the proceeds will be allocated to fund projects and working capital.
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