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Solid Foundation signs 315M SAR deal for Riyadh projects
Asaas Makeen Real Estate Development and Investment Company announced the signing of a contracting agreement valued at 315 million riyals with Ittihad Al Thabat Contracting Company to carry out construction and finishing works for residential and commercial projects in Riyadh. The contract involves their responsibility for executing 65,000 square meters of projects on a turnkey basis within a period of up to 18 months, starting after approval of the plans by the Ministry of Municipal and Rural Affairs. The purpose of the contract is to strengthen the company's real estate portfolio and achieve gradual financial results that will become evident as work progresses and each project is completed.
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