Ritel signs deals with Roshun for Mecca housing
Retal Urban Development Company announced the signing of two contracts valued at 124 million Riyals with Roshn Group, one of the Public Investment Fund's companies, aimed at developing residential units in the Mecca region. The two contracts include the purchase and development of lands for residential use, and will last for 36 months, with an expectation that the project's impact will positively reflect on the company's results during the years 2027 to 2029.
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