15 Hrs
Source:
الاقتصادية
Sasco Saudi sells land in Jeddah
The Saudi Automotive and Equipment Services Company "Sasco" sold a piece of land measuring 3,103 square meters in Al Murwah neighborhood in Jeddah for 20.3 million riyals. This sale was aimed at strengthening liquidity and supporting its strategy of restructuring its real estate portfolio. The book value of the land is 17.2 million riyals, according to the company's financial statements up to the end of September 2026. The positive financial impact of this transaction is expected to be reflected in the company's financial results for the last quarter of this year.
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