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Source:
الوطن
Partnership Council Enhances Property System
The article concerns the launch of a partnership council between the General Authority for Real Estate and the General Authority for Wakfs to enhance the endowment real estate system. Its goal is to improve the management and more efficient investment of wakf assets. A memorandum of understanding has been agreed upon, focusing on developing joint ventures, enhancing data and services, and building capabilities to support the sustainability and investment of wakf properties. The council aims to organize collaboration and facilitate the implementation of important initiatives to achieve development and progress in the endowment real estate sector within the Kingdom.
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