Al-Aqariya clarifies land suspension in Riyadh
The Saudi Real Estate Company (Al-Oqariyah) confirmed that the suspension has been lifted on a strategic piece of land in Al Aarid Neighborhood, north of Riyadh, measuring 30,000 square meters, as of July 13, 2026, following the issuance of an official ownership deed from the real estate registry. They clarified that this action restores the property to its normal status as an asset available for development or disposal without any immediate financial impact, with the company committed to transparency and precise timing in announcing such updates to enhance data governance.
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