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2026-11-11T14:29:26.000Z

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Land for Debt, Sukuk

Land for Debt, Sukuk

Presidential Decree No. 448 of 2026 allocated approximately 26,690.45 feddans of state-owned land in Red Sea Governorate to the Ministry of Finance, for use in reducing public debt and issuing sovereign sukuk. Published in the Official Gazette, the decree stipulates that it be filed with the competent real estate registration office free of charge.

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