Al-Mahafaza cancels land lease approval in Riyadh
The Holding Company for Education announced the cancellation of a land lease agreement in Al-Jazeera District, Riyadh, with Tuwairqi Building Development. This led to the final signing of the contract not being completed due to technical and legal issues related to the land, without any costs or financial impact on the company at present. This comes after a previous announcement in February 2026, when the contract was awarded, but obstacles faced by Tuwairqi Building Development prevented the continuation, and the commitment was concluded without any financial obligations.
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